US equity futures waver after chipmakers push stocks to new record highs while gold hovers close to $4,000. The government shutdown closes in on the one week mark and President Trump opens the door to talks with Democrats on their biggest demand, which is related to health care subsidies. Marvin […]
French President Emmanuel Macron gave his outgoing prime minister, Sebastien Lecornu, until Wednesday night to negotiate with France’s political parties in a last-ditch effort to prevent the country from falling deeper into crisis. Macron’s options include appointing a new prime minister, calling a parliamentary election, or resigning, with opposition groups […]
Bridgewater Associates Founder Ray Dalio says the picture on cutting interest in the US right now is “slightly mixed.” He explains to Bloomberg’s Lisa Abramowicz at the Greenwich Economic Forum. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any […]
Bridgewater Associates Founder Ray Dalio says gold should make up about 15% of investment portfolios. He says the metal is an excellent portfolio diversifier. He speaks to Bloomberg’s Lisa Abramowicz at the Greenwich Economic Forum. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications […]
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon talks about the growth of AI and how it’s being used at the bank. Dimon shares his thoughts on the US government shutdown and the problems with reporting quarterly earnings. Dimon spoke to Bloomberg’s Tom Mackenzie in London on Tuesday. ——– […]
Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia to lift its ongoing funding round to $20 billion, according to people with knowledge of the matter. The financing includes equity and debt in a special purpose vehicle that will buy Nvidia processors and […]
Apollo Chief Economist Torsten Slok says the Federal Reserve is “flying blind” because of the government shutdown. He speaks on “Bloomberg The Close.” ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 […]
A gunman killed at least four people and himself at an office tower that houses Blackstone Inc., Rudin Management, the National Football League and KPMG among others, sparking hours of chaos and fear in Midtown Manhattan on Monday evening. The suspected gunman’s body was found on the 33rd floor, which is […]
The US economy grew in the second quarter thanks to a pickup in consumer spending and a drop in imports. Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased an annualized 3% after shrinking at a 0.5% rate in the previous period, according […]
