President Donald Trump says he thinks his "voice should be heard" when it comes to making recommendations on the interest rates set by the Federal Reserve. He speaks with reporters in the Oval Office.
UIPath, a robotics automation software company, has seen its shares rise close to 40% this year due in large part to the company's large customer base over several industries, spanning from healthcare to the US government. CFO & COO Ashim Gupta joined Carol Massar, Tim Stenovec, and Nina Trentmann on 'Bloomberg businessweek Daily' to discuss AI and automation trends.
Oracle Corp. has pushed back the completion dates for some of the data centers it's developing for the artificial intelligence model developer OpenAI to 2028 from 2027, according to people familiar with the work. The delays are largely due to labor and material shortages, said the people, asking not to be identified discussing private schedules. Oracle has been working to deliver on a $300 billion contract to supply the computing power necessary to train and run OpenAI's models since it was inked this summer. Even with the delays, the timelines for the projects in the US remain ambitious for sites that are set to become some of the largest in the world. Brody Ford discusses his reporting on Oracle's position at the center of the AI book on Bloomberg Businessweek Daily.
President Donald Trump is expected have his administration move to reclassify marijuana as a less dangerous drug, according to people familiar with the matter. This has been good news for pot stocks. Nathan Dean of Bloomberg Intelligence has more.
The Duckhorn Portfolio is among North America's premier luxury wine companies, with a history dating back nearly 50 years. The company's wines are available throughout the United States, on five continents, and in more than 50 countries around the world. Robert Hanson was named CEO of The Duckhorn Portfolio early 2025. He discusses some of Duckhorn's newest offerings, and details plans for its next era of growth with Alexis Christoforous, Kristine Aquino and Bailey Lipschultz on Bloomberg Businessweek Daily.
Following Wednesday's decision by the Fed to lower interest rates once again, New York life Investments Chief Market Strategist Lauren Goodwin believes that rates falling into the lower bound of neutral will spur the markets to say 'no more,' forcing the 10-year yield to move higher. She joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to discuss the market's reaction to the Fed decision and how inflation could impact the Fed in 2026.
Oracle Corp. shares plunged after the company escalated its spending on AI data centers and other equipment, erasing more than $100 billion in market value. The latest earning report and share slide marks a reversal of fortunes for a company that just a few months ago was enjoying a blistering rally and clinching multibillion-dollar data center deals. Bloomberg's Robert Schiffman joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break it down.
Skylar Montgomery Koning, Guy Johnson and Anna Edwards break down today's key themes for analysis and investors on "The Opening Trade."
Chancellor Friedrich Merz's ruling coalition faces a key vote in parliament on a pension bill. A group of about 18 younger lawmakers from his own party has rebelled against the bill, which is due to go to a final ballot in the Bundestag at around 12:30 p.m. in Berlin. The move threatens to wipe out the coalition's majority of just 12 seats and deal another blow to Merz's credibility. Bloomberg's Oliver Crook reports.
