United States News

US Chief Justice John Roberts said President Donald Trump can keep building his new White House ballroom for now while the Supreme Court considers issuing a longer-term order blessing continued construction of the massive structure. Bloomberg's June Grasso joins to discuss.

Sarah Bianchi, senior managing director at Evercore ISI and former deputy US trade representative, joined Balance of Power to discuss the upcoming tariff deadline. Bianchi said that after the US strikes a tariff deal with Canada, Mexico will likely ask for similar relief.

Former Canadian Deputy Prime Minister Chrystia Freeland, talks about the importance of Canada reaching a trade deal with the US. She says putting permanent tariffs on Canadian steel and aluminum will hurt the US, especially car manufacturers in Detroit. She speaks on Bloomberg Television's Wall Street Week With David Westin, to which she is a regular contributor.

Ann Miletti, head of equity investments and chief diversity officer at Allspring Global Investments, says she is keeping expectations low heading into the Jackson Hole Symposium and sees it posing a greater near-term market risk than Nvidia earnings. She speaks with Dani Burger on "Bloomberg Open Interest."

Rebecca Patterson, Council on Foreign Relations senior fellow, talks about how volatility in the bond market is impacting retail investors on "Bloomberg Money."

Walmart Inc.'s quarterly sales fell short of expectations, a rare miss that's likely to stoke concern about the leading big-box retailer decelerating alongside a slow-growing US economy. Sales at US stores open at least a year, excluding fuel, rose 2.6% in the second quarter, shy of the lowest analyst estimate compiled by Bloomberg. That rate of growth hindered primarily by pricing pressure in its pharmacy business is the slowest in more than six years. Walmart shares fell as much as 10%, the most intraday since 2022, in New York trading on Thursday, erasing a modest year-to-date gain through the previous day's close. We get reaction from Poonam Goyal, Senior US Retail Analyst for Bloomberg Intelligence.