GameStop Makes $56 Billion Bid for eBay Bloomberg Podcasts 2026-09-19 | GameStop Makes $56 Billion Bid for eBay
Former UK Ambassador To Qatar Talks Israel Strike On Doha | Bloomberg Talks Bloomberg Podcasts 2025-09-10 | Israel’s strike on Hamas targets in Doha has drawn international criticism, including from U.S. President Donald Trump. Hamas said five members were killed, though its negotiators survived. European leaders warned the attack could derail Qatar’s efforts to end the Gaza war and free hostages. Former British Ambassador to Qatar, Libya and Iran Nicholas Hopton joined Caroline Hepker and Lizzy Burden on Bloomberg Radio to discuss.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders.Listen to more Bloomberg Talks: youtube.com/playlist?list=PLe4PRejZgr0PymVnW5YWXAKoo_oh7FWmh&si=-VRYLfzBIcZszwHNSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcasts#Bloomberg #PodcastVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Novo Dips, AB Foods Slumps, Inditex Climbs | Stock Movers Bloomberg Podcasts 2025-09-10 | On this episode of Stock Movers: - Novo Nordisk will slash 9,000 jobs globally and cut its profit forecast for the third time this year as it fights to recover ground lost to its more efficient rival Eli Lilly & Co. in the booming obesity drug market. - Associated British Foods shares slumped after the British conglomerate reported falling sales at its Primark budget fashion chain and gave a muted outlook for the sugar division next year.- Inditex shares jumped after a positive start to the third quarter reassured investors on the fashion retailer’s growth prospects.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.Check out more episodes of Stock Movers: youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauUVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video#Stocks #Markets #Finance #Investing #Podcast #BloombergNovo Dips, AB Foods Slumps, Inditex Climbs
Israel’s Qatar Strike Fallout, Poland Scrambles Jets, Super Skinny iPhone Air | Bloomberg... Bloomberg Podcasts 2025-09-10 | Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israel’s attack against Hamas in Qatar drew rare public criticism from Donald Trump and underscored the risk that the war in Gaza could get worse before it gets better.(2) Poland condemned a Russian drone incursion as an “act of aggression,” saying its military shot down some of the objects that entered its airspace from neighboring Ukraine. (3) President Emmanuel Macron named Sebastien Lecornu France’s new prime minister, tapping a longtime ally to pick up the mantle of trying to pass a budget through a divided parliament.(4) President Donald Trump told European officials he’s willing to impose sweeping new tariffs on India and China to push President Vladimir Putin to the negotiating table with Ukraine — but only if EU nations do so as well.(5) A judge temporarily blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook, allowing her to remain on the job as she challenges the president’s efforts to oust her over allegations of mortgage fraud.(6) Apple introduced its thinnest-ever iPhone and new Pro versions with enhanced cameras and more battery life, betting that a flurry of smartphone innovation can entice shoppers this holiday seasonSee omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Daybreak: Europe Edition: youtube.com/playlist?list=PLe4PRejZgr0PqNNpsYrggTdZUf8hA6-t5 #Bloomberg #Podcast #Europe #NewsVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
US Jobs Outlook Cools, Yen Holds After BOJ Signal | Bloomberg Daybreak: Asia Edition Bloomberg Podcasts 2025-09-10 | Key Asian stock gauges fluctuated Wednesday after the S&P 500 hit a record on hopes the Federal Reserve will cut interest rates to curb a jobs downturn. Shares in South Korea rose in early trading, while those in Japan and Australia were mixed. US equity futures contracts edged higher after Big Tech lifted the index on Tuesday, even as most shares fell. After fresh signs of a cooling labor market, investors are bracing for inflation reports in the coming days that will help shape next week's Fed meeting and the path of rate cuts into 2025 — a key test for whether Wall Street can sustain this month's rally. Money markets are almost fully projecting three Fed cuts this year, with US producer and consumer price index data due this week. We take a closer look with Zachary Hill, Head of Portfolio Management at Horizon Investments.Meantime, the yen was little changed early Wednesday after gaining Tuesday, following a report that Bank of Japan officials may raise interest rates again this year, regardless of domestic political instability. The timing of the BOJ report will make JGB traders a bit nervous about today's 5-year auction, which could mean a lower bid-to-cover ratio than last month's 2.96. However, after an initial knee-jerk selloff investors will likely find that secondary yields above 1% already price in a BOJ tightening. For more, we hear from Robert Tipp, Chief Investment Strategist and Head of Global Bonds at PGIM Fixed Income. He speaks with Bloomberg's Shery Ahn and Avril Hong on The Asia Trade.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Daybreak Asia delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Daybreak: Asia Edition: youtube.com/playlist?list=PLe4PRejZgr0Mvkfte_CsCiKEYuP9DtXN8&si=Ky0uVnCLSx09B-p6#Bloomberg #Podcast #AsiaVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Apple Debuts iPhone 17 Lineup, Including Skinnier Air Mode | Bloomberg Businessweek Bloomberg Podcasts 2025-09-10 | Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Apple Inc. introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology.The company unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods. The technology giant is looking to keep customers hooked on the smartphone — its biggest moneymaker — after signs of slowing demand in recent years. Apple has been contending with a saturated market for phones as well as fiercer competition in places like China.“IPhone Air is a total game changer,” Chief Executive Officer Tim Cook said during the presentation. Apple kept the starting price of its standard iPhone the same at $799. Though the Pro model will go up by $100, it also has twice as much storage. And the new Air version will cost $999, putting it in the middle of its price range. The skinnier model has ceramic shields on both sides of the phone, helping make the device more durable. The model is 5.6 millimeters wide and “exceptionally light,” the company said. Though Apple rival Samsung Electronics Co. introduced its own skinny model earlier this year — the Galaxy S25 Edge — that device is 5.8 millimeters.Today's show features:- Dan Ives, Global Head of Technology Research at Wedbush Securities, on Apple’s newest iPhone launch and the tech sector broadly- Jennifer Grancio, Global Head of ETFs at TCW on the market outlook and the demand for ETFs- Douglas Boneparth, President of Bone Fide Wealth, and Heather Boneparth, Director of Business and Legal Affairs Bone Fide Wealth on personal financial management and investing- Mark Gatto, Co-Founder, Co-President & Co-CEO of CION Investments, on the growing demand for private credit and alternative assetsSee omnystudio.com/listener (omnystudio.com/listener) for privacy information.Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more of Bloomberg Businessweek: youtube.com/playlist?list=PLe4PRejZgr0NDtGW4nghKtCxl6SCdFJfq#Bloomberg #Podcast #News #BusinessweekVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
SCOTUS Lifts Restrictions on ICE Stops in LA | Bloomberg Law Bloomberg Podcasts 2025-09-10 | David Harris, a professor at the University of Pittsburgh Law School and an expert in racial profiling, discusses the Supreme Court lifting the restrictions on immigrations stops in Los Angeles. Laura Davison, Washington Deputy Bureau Chief, discusses the latest on the Jeffrey Epstein files. June Grasso hosts.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Host June Grasso speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Law: youtube.com/playlist?list=PLe4PRejZgr0O5ECWvhYLVKlfzxB-ne5MF&si=3DVsVlVwvNQ190cW#Bloomberg #Podcast #LawVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Apple Declines, UnitedHealth Jumps, Oracle Surges | Stock Movers Bloomberg Podcasts 2025-09-09 | On this edition of Stock Movers:- Apple (APPL) shares declined today after the company introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology. Apple unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods. However, analysts didn’t see any major surprises in the event.- UnitedHealth (UNH) shares jumped after the health insurer said it expects most of its Medicare Advantage members to be in highly rated plans that earn bonus payments next year, a boon for its health insurance business. Preliminary data show about 78% of members will be in plans with at least four stars, the threshold for earning bonus payments, the company said in a filing Tuesday. The star rating system set by Medicare evaluates plans on quality and customer experience, with financial rewards for those that perform well. The preliminary star rating results are “likely better than some investors feared,” JPMorgan analysts led by Lisa Gill wrote in a research note Tuesday.- Oracle (ORCL) shares surged in extended trading after the company posted a huge jump in bookings in the latest quarter, following a massive deal with OpenAI. Remaining performance obligation, a measure of bookings, were $455 billion at the end of the fiscal first quarter, up from about $138 billion at the end of the prior quarter, Oracle said in a statement Tuesday. Cloud infrastructure revenue increased 55% to $3.3 billion, while analysts anticipated a 53% expansion. Profit, excluding some items, was $1.47 per share compared with the $1.48 average estimate.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.Check out more episodes of Stock Movers: youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauUVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video#Stocks #Markets #Finance #Investing #Podcast #BloombergApple Declines, UnitedHealth Jumps, Oracle Surges
Is It About Justice Or Is It About Politics?: Rep. Mike Lawler on Epstein Fallout Bloomberg Podcasts 2025-09-09 | President Donald Trump called a birthday note he allegedly sent to Jeffrey Epstein a “dead issue,” seeking to tamp down mounting questions over his past interactions with the late disgraced financier.“I don’t comment on something that’s a dead issue,” Trump said in an interview with NBC News on Tuesday, a day after House Democrats released a copy of the letter that was produced in response to a congressional subpoena of Epstein’s estate. “I gave all comments to the staff. It’s a dead issue.”The document reignited an uproar against the Trump administration over its handling of documents related to Epstein, including pressure from some of the president’s own supporters to provide more transparency on the investigation into the convicted sex offender and his associates.Questions about Trump’s prior links to Epstein intensified on Monday after congressional Democrats released the alleged birthday note along with a trove of other documents. Those documents, received by the House Oversight Committee as part of its investigation into the sex-trafficking operation run by Epstein, include his last will and testament, entries from his address and contact books and information about his known bank accounts. Rep. Mike Lawler (R) New York discusses House Democrats releasing the Epstein letter that President Trump allegedly signed and shares his concern that he is not sure whether or not the conversation on releasing these Epstein files is about seeking justice or for politics. Representative Lawler also talks about the need to keep the government funded, and if Israel's strike in Qatar will damage relationships between the US & Qatar and the US & Israel. He speaks with Joe Mathieu and Kriti Gupta on the late edition of Bloomberg's "Balance of Power." -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Markets Update, Apple Shares, Macron Appoints New Prime Minister Bloomberg Podcasts 2025-09-09 | Bloomberg NewsNow with Amy Morris reporting on:- Markets Update- Apple Shares Sank 1.5% After Introducing Its iPhone 17- Israel Targets Hamas Leadership in Strikes on Qatari Capital- Watch Oil Advances as Israel’s Strike in Qatar Revives Risk Premium- Macron Appoints Ally Lecornu as France’s New Prime Minister- US Payrolls Marked Down a Record 911,000 in Preliminary Estimate- Michigan Judge Drops Charges for Accused Trump Fake Electors- Cracker Barrel Nixes Store Remodel Plans After Controversy -------- Bloomberg News Now is a comprehensive audio report of the top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes. Subscribe wherever you get your podcasts: On Apple: http://apple.co/3Eyz9EX On Spotify: http://spoti.fi/45IG5LR Anywhere: http://bit.ly/460OMka
Bloomberg Tech Live From Apples WWDC Event | Bloomberg Tech Bloomberg Podcasts 2025-09-09 | Caroline Hyde in New York and Ed Ludlow in Cupertino, California break down Apple's biggest product launch event of the year. Analysts join live from Apple Park to discuss details of the company's iPhone 17 and other new devices. And in other news: Microsoft and Europe's Nebius strike a massive infrastructure deal worth as much as $19.4 billion.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more of Bloomberg Technology: youtube.com/playlist?list=PLe4PRejZgr0P4uqrz5jfGmmshkjmfxd73#Bloomberg #Podcast #Technology #Tech Visit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/videoBloomberg Tech Live From Apple's WWDC Event
Douglas and Heather Boneparth on Finfluencer Content, Money Dates for Couples Bloomberg Podcasts 2025-09-09 | Bone Fide Wealth President Douglas Boneparth, and Heather Boneparth, Director of Business and Legal Affairs, join Bloomberg Businessweek Daily from the Future Proof conference to discuss investment strategies for millennial clients, 'finfluencer' content and information to seek out online, 'Money Dates,' and more. Their book "Money Together" comes out October 28th, and includes advice about how to have tough financial conversations, quarterly check-ins, and more. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Dan Ives Talks iPhone 17, Eightco Holdings | Bloomberg Talks Bloomberg Podcasts 2025-09-09 | Dan Ives, Global Head of Technology Research at Wedbush Securities, discusses Apple's unveiling of the iPhone 17 Air. Dan gives his view of where Apple stands in the AI race, and his position as Chairman of Eightco Holdings. He speaks with Bloomberg's Tim Stenovec and Carol Massar at the Future Proof conference in Huntington Beach, California.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders.Listen to more Bloomberg Talks: youtube.com/playlist?list=PLe4PRejZgr0PymVnW5YWXAKoo_oh7FWmh&si=-VRYLfzBIcZszwHNSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcasts#Bloomberg #PodcastVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Apple Debuts $999 iPhone Air, Betting on Thin Look to Spur Sales Bloomberg Podcasts 2025-09-09 | Apple introduced its thinnest-ever iPhone and new Pro versions with enhanced cameras and more battery life, betting that a flurry of smartphone innovation can entice shoppers. The new skinnier model — dubbed the iPhone 17 Air — is just 5.6 millimeters thick, making it about a third slimmer than Apple’s current handsets. The Air replaces the iPhone 16 Plus, which was priced at $899. Though the starting price of the Pro version rose to $1,099 from $999, Apple doubled the minimum storage to 256 gigabytes. The regular iPhone 17 continues to start at $799. Wedbush Securities Global Head of Technology Research Dan Ives joins Bloomberg Businessweek Daily to discuss. Ives also discusses his new role at Eightco Holdings, his AI-focused ETF, and more. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
US Payrolls Marked Down, Israel Strikes Hamas Targets in Doha | Balance of Power Bloomberg Podcasts 2025-09-09 | Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF).US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with:Bloomberg Washington Correspondent Tyler Kendall.Republican Senator Roger Marshall of Kansas.Carnegie Endowment for International Peace Senior Fellow Aaron David Miller.Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Sound On: youtube.com/playlist?list=PLe4PRejZgr0NgZfBQYwQwBHDgO04pL3oa #Bloomberg #Podcast #Politics Visit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Xi’s Bromance Diplomacy Is Challenging Trump’s World Order | Big Take Bloomberg Podcasts 2025-09-09 | The leaders of China, Russia and India shared smiles and handshakes, putting on a surprising show of unity in a striking moment that went viral earlier this month.On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Daniel Ten Kate about what’s driving their alignment and what the shift means for Trump and the US-led world order.Read more: Further listening: What Xi Jinping’s Military Purge Means for China and the World (podcasts.apple.com/us/podcast/what-xi-jinpings-military-purge-means-for-china-and/id1746141911?i=1000724607052)Watch, from Originals: How Xi Unleashed China’s Biggest Military Purge Since Mao (youtube.com/watch?v=nEbau_uHJys)See omnystudio.com/listener (omnystudio.com/listener) for privacy information.The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more of The Big Take: youtube.com/playlist?list=PLe4PRejZgr0NPJB9wTuVsdzBVgFlcYQqN#Bloomberg #Podcast #News #Business #Economy #TheBigTakeVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/videoXi’s Bromance Diplomacy Is Challenging Trump’s World Order
Bloomberg Money Minute: Jobs Revised Lower as Apple Debuts iPhone 17 Bloomberg Podcasts 2025-09-09 | Bloomberg Money Minute with Tom Busby reporting on the sharp downward revision to US job growth and why it lifts Fed rate-cut odds, fresh record closes for stocks, Apple’s iPhone 17 and iPhone Air launch, and New England’s pipeline debate amid an offshore wind freeze. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Apple Launches iPhone 17 Lineup | Bloomberg Businessweek Daily 9/9/2025 Bloomberg Podcasts 2025-09-09 | On today's episode of Bloomberg Businessweek Daily, Matt Miller and Katie Greifeld discuss Apple's latest product launch event. Ed Ludlow joins from Cupertino, California to discuss the latest innovations including the release of the new iPhone Air, Apple's slimmest model to date. Also on today's show, Bloomberg's Michael McKee talks the historic downward revisions from the Bureau of Labor Statistics, CSIS Middle East program Director & Senior Adviser Mona Yacoubian on the 'unprecedented' strike by Israel on Qatari Capital Doha, MercadoLibre Chief Financial Officer Martin de los Santos discusses Latin American consumer trends, and Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec join live from the Future Proof Conference in Huntington beach, California. Chapters: 00:00:00 - Bloomberg Businessweek Daily Starts 00:01:41 - Co-host of Bloomberg Tech Ed Ludlow Breaks Down Today’s Apple Launch Event 00:05:13 - Michael McKee Talks US Payroll Revised Lower by Over Nine Hundred Thousand in Prelim Estimate 00:13:32 - Alan Katz on Macron Appointing Ally Lecornu as France’s New Prime Minister 00:18:43 - CSIS’s Mona Yacoubian Discusses Israel Targeting Hamas Leadership in ‘Unprecedented’ Strikes on Qatar Capital of Doha 00:26:42 - Ed Ludlow Rejoins the Show to Break Down Apple’s New Releases Including iPhone 17, iPhone Air, AirPods Pro 3 00:38:38 - MercadoLibre CFO Martin de los Santos on Latin American Consumer Trends 00:46:40 - Bloomberg Businessweek Daily Hosts Carrol Massar and Tim Stenovec Join the Show Live from the Future Proof Conference 00:49:57 - Norah Mulinda with Stocks on the Move -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Israel Strike on Doha Unprecedented Bloomberg Podcasts 2025-09-09 | Mona Yacoubian, director of the Middle East Program at the Center for Strategic and International Studies, reacts to an attack on Hamas leadership in Qatar by Israel and breaks down the United States' attempt at damage control as Gulf states condemn the strike. Israel’s unilateral attack on Hamas in Qatar did not advance Israeli or American goals in trying to bring an end to the Middle East conflict, the White House said.White House Press Secretary Karoline Leavitt read a statement Tuesday during the press briefing that expressed US concern over the Israeli strike that has roiled tensions in the Middle East.“The President views Qatar as a strong ally and friend of the United States, and feels very badly about the location of this attack,” Leavitt said, adding that President Donald Trump spoke with both Israeli Prime Minister Benjamin Netanyahu and the emir and prime minister of Qatar following the attack. “However, eliminating Hamas who have profited off the misery of those living in Gaza is a worthy goal,” she said. “President Trump wants all of the hostages in Gaza, the bodies of the dead, released and this war to end now.”Leavitt said the White House was notified by the US military that Israel was attacking Hamas, shortly before the strike. She said Trump directed US Special Envoy Steve Witkoff to notify the Qataris of the pending attack, which he did. Trump assured the Qatari leader that such an attack wouldn’t happen again on his soil, Leavitt said.Leavitt side-stepped questions about whether the president had directly made his displeasure known to Netanyahu, saying only that in their conversation, the Israeli prime minister insisted that he wants to make peace quickly. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Colin Hunt Talks Irish Economy, Trade Policy | Bloomberg Talks Bloomberg Podcasts 2025-09-09 | Colin Hunt, Allied Irish Banks CEO, discusses the effects of trade policy on Ireland's banking, real estate, and business sectors. He speaks with Bloomberg's Tom Keene and David Gura.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders.Listen to more Bloomberg Talks: youtube.com/playlist?list=PLe4PRejZgr0PymVnW5YWXAKoo_oh7FWmh&si=-VRYLfzBIcZszwHNSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcasts#Bloomberg #PodcastVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
MercadoLibre Expands into Pharma and Food Bloomberg Podcasts 2025-09-09 | Martin de los Santos, CFO of MercadoLibre, discusses the e-commerce platform's path toward growth in Latin America, including food delivery and the recent acquisition of Brazilian drugstore Globo. Amazon.com Inc. has taken a stake in the Colombian delivery company Rappi Inc., a strategic partnership that pairs the e-commerce giant’s retail and technology infrastructure with one of Latin America’s best-known last-mile delivery outfits.Getting access to Rappi’s logistics network could help Amazon compete with regional e-commerce heavyweight MercadoLibre Inc. For Rappi, the partnership brings an endorsement from North America’s biggest online retailer and opportunities to tap into its logistics and cloud-computing networks. The initial investment — a $25 million convertible note, according to a person familiar with the transaction — is small for Amazon. But the deal entitles the Seattle-based company to buy as much as 12% of Rappi via warrants if certain milestones are met, said the person, who requested anonymity to because the deal’s terms were confidential. The numbers could potentially change. Spokespeople for Amazon and Rappi declined to comment. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Apple Falls, Nebius Surges, Tourmaline Rises | Stock Movers Bloomberg Podcasts 2025-09-09 | On this episode of Stock Movers:- Apple (AAPL) introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology. Apple also debuted new smartwatches and an updated version of its high-end AirPods. Bloomberg previously reported on plans for the iPhone Air and other features. That left few major surprises during the presentation Tuesday, and investors were generally underwhelmed. The stock slipped 1.5% to $234.39 as of 2:20 p.m. in New York. Apple shares had fallen 5% this year through Monday’s close.- Nebius (NBIS) shares jumped Tuesday after the AI-centric cloud platform company said it will provide Microsoft access to GPU infrastructure capacity at its new data center in Vineland, New Jersey, over five years. The deal is worth as much as $19.4 billion and will provide Microsoft with a dedicated artificial intelligence computing capacity.- Tourmaline Bio (TRML) will be acquired by Novartis in a deal that values the New York-based biopharmaceutical company at about $1.4 billion on a fully diluted basis. Tourmaline Bio is developing a promising treatment to reduce systemic inflammation, a major driver of cardiovascular disease. See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.Check out more episodes of Stock Movers: youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauUVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video#Stocks #Markets #Finance #Investing #Podcast #BloombergApple Falls, Nebius Surges, Tourmaline Rises
Jobs Data Sample Too Small Snapshot of US Economy, Says Holtz-Eakin Bloomberg Podcasts 2025-09-09 | Douglas Holtz-Eakin, president of the American Action Forum and former official on the Council of Economic Advisors, says that the samples size of jobs surveyed for US payroll reports has not grown at the same rate as the US economy. US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.The Bureau of Labor Statistics adjustment indicates the labor market slowdown in recent months followed an extended period of more moderate job growth that may lay the groundwork for a series of interest-rate cuts beginning next week. Fed Chair Jerome Powell recently acknowledged risks to the job market have increased, and two of his colleagues preferred to lower borrowing costs in July.Traders widely expect central bankers to cut rates at the conclusion of their two-day meeting Sept. 17. Treasury yields rose while the S&P 500 fluctuated.The labor market “was materially weaker than the BLS initially estimated in the year to March 2025, giving the Fed another reason to lower rates next week,” Sal Guatieri, senior economist at BMO Capital Markets, said in a note.Payrolls were marked down in nearly every industry and most states. Combined payrolls at wholesale and retail establishments led the downward revision, followed by leisure and hospitality. Professional and business services as well as manufacturing were also notably marked down.While benchmark revisions are carried out every year, they’ve garnered added attention this year with investors and Fed watchers looking for any signs that the labor market may be slowing faster than previously thought.Political IreSizable adjustments to monthly job data sparked outrage at the White House and led to President Donald Trump’s dismissal of the head of the BLS in August. Last year, he took aim at former President Joe Biden, calling into question the integrity of his administration and its economic record after a similarly large downward revision in the 2024 preliminary benchmark revision. The final 2024 revision was ultimately not as severe as the preliminary suggested, though it was still the largest since 2009.“Today, the BLS released the largest downward revision on record proving that President Trump was right: Biden’s economy was a disaster and the BLS is broken,” White House Press Secretary Karoline Leavitt said in a statement. “This is exactly why we need new leadership to restore trust and confidence in the BLS’s data.”While Trump has been critical of revisions, both the monthly and benchmark adjustments are part of a routine process of updating estimates as more data become available. Adjustments have been bigger than usual in recent years, which some economists attribute to unique post-pandemic dynamics.“Today’s massive downward revision gives the American people even more reason to doubt the integrity of data being published by BLS,” Labor Secretary Lori Chavez-DeRemer said in a statement. The Labor Department oversees the BLS. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Markets Update, Apple Unveils New iPhone, US Jobs Bloomberg Podcasts 2025-09-09 | Bloomberg Money Minute- Apple Unveils the iPhone 17 Lineup- Another US Jobs Markdown Sets Stage for Fed Cut- Us Consumers Are Being Stretched Financially- Markets Update -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
US Jobs Markdown Sets Stage for Fed Cut | Balance of Power 9/9/2025 Bloomberg Podcasts 2025-09-09 | On the early edition of Balance of Power, Bloomberg Correspondents Joe Mathieu and Kriti Gupta discuss US payroll revisions from the Bureau of Labor Statistics. On today's show, House Republican Conference Chairwoman Rep. Lisa McClain (R-MI). Democratic Congressional Campaign Committee Chairwoman Rep. Suzan DelBene (D-WA), Stonecourt Capital Partner Rick Davis, Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino, Senator Markwayne Mullin (R-OK) and American Action Forum President Douglas Holtz-Eakin. Chapters: 00:00:00 - Balance of Power: Early Edition Starts 00:04:07 - Co-host of Bloomberg Tech Ed Ludlow Previews Today’s Apple Launch Event 00:08:10 - Rep. Lisa McClain (R-MI) Discusses US Payroll Downturn, Rescissions Fight Raising Shutdown Risk 00:18:27 - Ed Ludlow Rejoins to Highlight New AirPods Pro Moving Apple Stock Needle Upward 00:21:29 - Rep. Suzan DelBene (D-WA) on BLS Downward Revision, Redistricting, Epstein Files 00:30:00 - Bloomberg Political Panel Talks Tax Bill, Payroll Estimates, Midterm Election Focus 00:33:51 - Ed Ludlow Breaks Down Apple’s iPhone 17 Announcement 00:41:38 - Tyler Kendall on US Job Data, Talks BLS with Oklahoma Republican Senator Markwayne Mullin 00:45:53 - Ed Ludlow Joins From California Once More to Discuss Apple Announcing the iPhone Air, its Thinnest Model to Date 00:49:44 - President of the American Action Forum Douglas Holtz-Eakin on BLS Data’s Effect on Possible Rate Cuts -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Special Elections Could Put Democrats Closer to Majority in Congress Bloomberg Podcasts 2025-09-09 | Democrat Representative and DCCC chair Suzan DelBene signaled she was optimistic about the candidates her party is running in upcoming special elections and ahead in the midterms as Democrats try to wrestle back control of congress from Republicans. DelBene also weighed in on the ongoing fight over government funding, saying the blame for a government shutdown would fall on the GOP. Two upcoming special elections that favor Democrats could fast-track a House vote on releasing files related to the late financier and convicted sex offender Jeffrey Epstein.Reps. Thomas Massie (R-Ky.) and Ro Khanna (D-Calif.) need two more signatures for their discharge petition on the Epstein files, with Democrats and four Republicans already supporting it.Voters in Virginia and Arizona will likely deliver those signatures in special elections on Tuesday and Sept. 23, to replace deceased Reps. Gerry Connolly (D-Va.) and Raul Grijalva (D-Ariz.).Democrat James Walkinshaw is the favorite to win the Virginia seat, while Adelita Grijalva is poised to replace her late father in Arizona.Walkinshaw has specifically addressed the Epstein case in his race, posting on X that he would sign the discharge petition. “We cannot ignore the calls from these survivors,” he said, referring to the women who say they were abused by Epstein and who have shown up at the Capitol urging release of the files.Democratic leaders have been actively urging members to sign the petition, reminding them in multiple whip notices last week.The elections are spurring the White House to persuade at least one of the Republican dissidents — Massie, Marjorie Taylor Greene (Ga.), Lauren Boebert (Colo.), or Nancy Mace (S.C.) — to remove their names. Massie is unlikely to budge as he’s leading the effort, but the other three are typically reliable allies of President Donald Trump.Trump, who campaigned on publishing the full Epstein files, has since resisted the full release and called the push a liberal “hoax.” Trump had a well-documented friendship with Epstein before the late businessman was convicted of sex crimes.House Republican leadership backs Trump’s position and has discouraged members from signing Massie’s discharge petition, while Democrats have rallied around the effort as part of their opposition to Trump.All Democrats have signed the discharge petition except for Rep. Eric Swalwell (D-Calif.), who said in a statement that he’s been absent from the House after his mother’s death, but plans to add his name when he returns.The House Oversight Committee previously subpoenaed a suite of Epstein documents from the Trump administration, and a reported “birthday book” from Epstein’s estate. Rep. Robert Garcia (D-Calif.), the top Democrat on the panel, said lawmakers received the book Monday. Garcia published the “bawdy” note it contained from Trump, which the president had previously denied writing.White House Press Secretary Karoline Leavitt again denied the Wall Street Journal’s reporting on the birthday book Monday afternoon. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Apple Announces the iPhone Air, Its Thinnest Ever Bloomberg Podcasts 2025-09-09 | Apple unveils the iPhone Air. The company calls it a "piece of the future." The iPhone Air is 5.6 millimeters, and is “unlike anything you’ve ever held before,” says John Ternus, chief of hardware engineering. It has a 6.5-inch screen, ProMotion, new Ceramic Shield on both the front and the back. Ed Ludlow reports from Cupertino. Apple Inc. introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology.The company unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods. The technology giant is looking to keep customers hooked on the smartphone — its biggest moneymaker — after signs of slowing demand in recent years. Apple has been contending with a saturated market for phones as well as fiercer competition in places like China.“IPhone Air is a total game changer,” Chief Executive Officer Tim Cook said during the presentation. Apple kept the starting price of its standard iPhone the same at $799. Though the Pro model will go up by $100, it also has twice as much storage. And the new Air version will cost $999, putting it in the middle of its price range.The skinnier model has ceramic shields on both sides of the phone, helping make the device more durable. The model is 5.6 millimeters wide and “exceptionally light,” the company said. Though Apple rival Samsung Electronics Co. introduced its own skinny model earlier this year — the Galaxy S25 Edge — that device is 5.8 millimeters.The Air, which borrows its name from Apple’s existing laptop and iPad models, uses an in-house chip for Bluetooth and Wi-Fi. There’s also a speedier version of the Apple-designed modem that previously appeared in the iPhone 16e.Apple’s new Pro model, meanwhile, has a new aluminum design and a system designed to reduce heat. Its performance is 40% higher than the iPhone 16 Pro, the company said. Like the Air, it also has a ceramic shield on both sides. Bloomberg previously reported on plans for the iPhone Air and other features. That left few major surprises during the presentation Tuesday, and investors were generally underwhelmed.The stock slipped 1.5% to $234.39 as of 2:20 p.m. in New York. Apple shares had fallen 5% this year through Monday’s close. Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
US Payrolls Marked Down a Record 911,000 in Preliminary Estimate Bloomberg Podcasts 2025-09-09 | Senator Roger Marshall, Republican from Kansas, reacts to estimates that revise payroll data down by over 900,000 and tells Bloomberg's Joe Mathieu that he will vote to confirm Trump's nominee to head the Bureau of Labor Statistics after the president fired the previous director last month.Jamie Dimon said the Bureau of Labor Statistics’ record revision to US payrolls data is further proof that the US economy is battling a slowdown.“The economy is weakening,” the JPMorgan Chase & Co. chief executive officer said in an interview with CNBC Tuesday. “Whether that is on the way to recession or just weakening, I don’t know.”The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. It showed average monthly job growth was roughly half of what the data previously indicated.The revision “just confirms what we already thought,” Dimon said.US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.The Bureau of Labor Statistics adjustment indicates the labor market slowdown in recent months followed an extended period of more moderate job growth that may lay the groundwork for a series of interest-rate cuts beginning next week. Fed Chair Jerome Powell recently acknowledged risks to the job market have increased, and two of his colleagues preferred to lower borrowing costs in July.Traders widely expect central bankers to cut rates at the conclusion of their two-day meeting Sept. 17. Treasury yields rose while the S&P 500 fluctuated.The labor market “was materially weaker than the BLS initially estimated in the year to March 2025, giving the Fed another reason to lower rates next week,” Sal Guatieri, senior economist at BMO Capital Markets, said in a note.Payrolls were marked down in nearly every industry and most states. Combined payrolls at wholesale and retail establishments led the downward revision, followed by leisure and hospitality. Professional and business services as well as manufacturing were also notably marked down.While benchmark revisions are carried out every year, they’ve garnered added attention this year with investors and Fed watchers looking for any signs that the labor market may be slowing faster than previously thought.Political IreSizable adjustments to monthly job data sparked outrage at the White House and led to President Donald Trump’s dismissal of the head of the BLS in August. Last year, he took aim at former President Joe Biden, calling into question the integrity of his administration and its economic record after a similarly large downward revision in the 2024 preliminary benchmark revision. The final 2024 revision was ultimately not as severe as the preliminary suggested, though it was still the largest since 2009. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Anglo American Agrees to Buy Teck in Deal Reshaping Mining | Bloomberg Intelligence Bloomberg Podcasts 2025-09-09 | Watch Paul LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF).Bloomberg Intelligence hosted by Scarlet Fu and Alexis Christoforous-Richard Bourke, Bloomberg Intelligence Senior Analyst, Basic Materials, discusses Anglo American agreeing to acquire Canada’s Teck Resources, creating a more than $50 billion company in one of the biggest mining deals in over a decade.-Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, discusses the departure of Dell Chief Financial Officer Yvonne McGill.According to Bloomberg Intelligence, this appears unlikely to affect the company's go-to-market strategy, despite her leaving a month before Oct. 7's analyst day.-Eric Roston, Bloomberg Climate Reporter, discusses the Bloomberg Big Take story on President Donald Trump unwinding climate science at a dangerous pace.-John Buran, CEO at Flushing Financial, discusses the latest on the Fed and regional bank activity.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Paul Sweeney and the Bloomberg News team cover the day's market action, with analysis from Bloomberg Intelligence analysts, Bloomberg Opinion writers and influential newsmakers.Watch us LIVE on YouTube: youtube.com/live/f39oHo6vFLgSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Intelligence: youtube.com/playlist?list=PLe4PRejZgr0MfvtfGTYQIno9T-8l8nKFv#News #Markets #Bloomberg #Podcast #Business #FinanceVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
GOPs McClain Repeats Trump Claim Biden WH Manipulated Jobs Data Bloomberg Podcasts 2025-09-09 | Republican Representative Lisa McClain said the jobs numbers released today shows the Trump administration was right to raise suspicions about the data and demand that collection and analysis needs to be revamped. US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.The Bureau of Labor Statistics adjustment indicates the labor market slowdown in recent months followed an extended period of more moderate job growth that may lay the groundwork for a series of interest-rate cuts beginning next week. Fed Chair Jerome Powell recently acknowledged risks to the job market have increased, and two of his colleagues preferred to lower borrowing costs in July.Traders widely expect central bankers to cut rates at the conclusion of their two-day meeting Sept. 17. Treasury yields rose while the S&P 500 fluctuated.The labor market “was materially weaker than the BLS initially estimated in the year to March 2025, giving the Fed another reason to lower rates next week,” Sal Guatieri, senior economist at BMO Capital Markets, said in a note.Payrolls were marked down in nearly every industry and most states. Combined payrolls at wholesale and retail establishments led the downward revision, followed by leisure and hospitality. Professional and business services as well as manufacturing were also notably marked down.While benchmark revisions are carried out every year, they’ve garnered added attention this year with investors and Fed watchers looking for any signs that the labor market may be slowing faster than previously thought.Several economists said the initial payrolls data may have been impacted by a number of factors, including adjustments for the creation and closure of businesses and how unauthorized immigrant workers are counted.The BLS compiles each monthly employment report from two surveys. The benchmark revisions pertain to payrolls, which are gathered through a survey of businesses. They don’t affect the unemployment rate, which is derived from a survey of households.Once a year, the BLS benchmarks the March payrolls level to a more accurate but less timely data source called the Quarterly Census of Employment and Wages that’s based on state unemployment insurance tax records and covers nearly all US jobs. The preliminary figure applies to the total level of payrolls in March 2025. The final numbers, which are released with the employment report due next February, will break out the revisions by each month.For most of the recent years, initial monthly payroll data have been stronger than the QCEW figures. Some economists attribute that in part to the so-called birth-death model — an adjustment the BLS makes to the data to account for the net number of businesses opening and closing, but that might be off in the post-pandemic world.Others have argued there’s another reason behind that discrepancy: immigration. Because the QCEW report is based on unemployment insurance records — which undocumented immigrants can’t apply to — the data are likely to have stripped out up thousands of unauthorized workers that were included in the initial payroll estimates. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Apple Unveils the iPhone 17 Lineup Bloomberg Podcasts 2025-09-09 | Apple Inc. introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology.The company unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods. Ed Ludlow reports from the event in Cupertino.The technology giant is looking to keep customers hooked on the smartphone — its biggest moneymaker — after signs of slowing demand in recent years. Apple has been contending with a saturated market for phones as well as fiercer competition in places like China.“IPhone Air is a total game changer,” Chief Executive Officer Tim Cook said during the presentation. Apple kept the starting price of its standard iPhone the same at $799. Though the Pro model will go up by $100, it also has twice as much storage. And the new Air version will cost $999, putting it in the middle of its price range.The skinnier model has ceramic shields on both sides of the phone, helping make the device more durable. The model is 5.6 millimeters wide and “exceptionally light,” the company said. Though Apple rival Samsung Electronics Co. introduced its own skinny model earlier this year — the Galaxy S25 Edge — that device is 5.8 millimeters.The Air, which borrows its name from Apple’s existing laptop and iPad models, uses an in-house chip for Bluetooth and Wi-Fi. There’s also a speedier version of the Apple-designed modem that previously appeared in the iPhone 16e.Apple’s new Pro model, meanwhile, has a new aluminum design and a system designed to reduce heat. Its performance is 40% higher than the iPhone 16 Pro, the company said. Like the Air, it also has a ceramic shield on both sides. Bloomberg previously reported on plans for the iPhone Air and other features. That left few major surprises during the presentation Tuesday, and investors were generally underwhelmed.The stock slipped 1.5% to $234.39 as of 2:20 p.m. in New York. Apple shares had fallen 5% this year through Monday’s close.-------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Apple Unveils the AirPods Pro 3 With Live Translation Bloomberg Podcasts 2025-09-09 | Apple unveils the AirPods Pro 3 at their product launch in Cupertino, California. Apple says they are four times more effective than the original models. These also feature Live Translation. Ed Ludlow reports. Apple Inc. introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology.The company unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods.The technology giant is looking to keep customers hooked on the smartphone — its biggest moneymaker — after signs of slowing demand in recent years. Apple has been contending with a saturated market for phones as well as fiercer competition in places like China.“IPhone Air is a total game changer,” Chief Executive Officer Tim Cook said during the presentation. Apple kept the starting price of its standard iPhone the same at $799. Though the Pro model will go up by $100, it also has twice as much storage. And the new Air version will cost $999, putting it in the middle of its price range.The skinnier model has ceramic shields on both sides of the phone, helping make the device more durable. The model is 5.6 millimeters wide and “exceptionally light,” the company said. Though Apple rival Samsung Electronics Co. introduced its own skinny model earlier this year — the Galaxy S25 Edge — that device is 5.8 millimeters.The Air, which borrows its name from Apple’s existing laptop and iPad models, uses an in-house chip for Bluetooth and Wi-Fi. There’s also a speedier version of the Apple-designed modem that previously appeared in the iPhone 16e.Apple’s new Pro model, meanwhile, has a new aluminum design and a system designed to reduce heat. Its performance is 40% higher than the iPhone 16 Pro, the company said. Like the Air, it also has a ceramic shield on both sides. Bloomberg previously reported on plans for the iPhone Air and other features. That left few major surprises during the presentation Tuesday, and investors were generally underwhelmed.The stock slipped 1.5% to $234.39 as of 2:20 p.m. in New York. Apple shares had fallen 5% this year through Monday’s close. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Bloomberg Money Minute: US Payrolls Revision, Nebius-Microsoft AI Deal, New Girl Scout Cookie Bloomberg Podcasts 2025-09-09 | Bloomberg Money Minute with Tom Busby reporting on US payroll revisions showing a sharp drop, Microsoft making a deal to use Nebius data centers, and a new Girl Scout cookie on the way next year. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Bloomberg Surveillance TV: September 9th, 2025 | Bloomberg Surveillance Bloomberg Podcasts 2025-09-09 | - Ed Yardeni, Chief Investment Strategist at Yardeni Research- Henrietta Treyz, co-founder at Veda Partners- Oksana Aronov, Head: Market Strategy at JPMorgan Asset Management- Walter Piecyk, Partner at Lightshed PartnersEd Yardeni, Chief Investment Strategist at Yardeni Research, joins to discuss his S&P target and his outlook for equities and US growth. Henrietta Treyz, co-founder at Veda Partners, discusses recent headlines in Washington and the prospects of a government shutdown. Oksana Aronov, Head: Market Strategy at JPMorgan Asset Management, talks about fixed income opportunities and warnings from the bond market about the economy. Walter Piecyk, Partner at Lightshed Partners, joins to preview today's Apple product launch in Cupertino.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Tom Keene, Paul Sweeney, Lisa Mateo and Michael Barr have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACFSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Surveillance: youtube.com/playlist?list=PLe4PRejZgr0OA0Pnb-62GrhgZ_ziGyxMJ#Bloomberg #Podcast #Surveillance #News #MarketsVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Instant Reaction: US Payrolls Marked Down a Record 911,000 in Preliminary Estimate | Bloomberg... Bloomberg Podcasts 2025-09-09 | US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.For instant reaction and analysis, Bloomberg's Tom Keene and Scarlet Fu spoke with:Ira Jersey, Bloomberg Intelligence Chief US Interest Rate StrategistMichael McKee, Bloomberg International Economics and Policy CorrespondentStephanie Roth, Wolfe Research chief Economist See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more of Bloomberg Daybreak: US Edition: youtube.com/playlist?list=PLe4PRejZgr0Pfj-MCX1dSTXnEBCGHl3Yo#Bloomberg #Podcast #NewsVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Single Best Idea with Tom Keene: Nancy Tengler & Craig Brandon | Bloomberg Surveillance Bloomberg Podcasts 2025-09-09 | Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.In this episode, we feature conversations with Nancy Tengler & Craig Brandon.Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener (omnystudio.com/listener) for privacy information.Tom Keene, Paul Sweeney, Lisa Mateo and Michael Barr have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACFSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Surveillance: youtube.com/playlist?list=PLe4PRejZgr0OA0Pnb-62GrhgZ_ziGyxMJ#Bloomberg #Podcast #Surveillance #News #MarketsVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Oil Advances as Israel’s Strike in Qatar Revives Risk Premium Bloomberg Podcasts 2025-09-09 | Oil jumped after an Israeli attack in Qatar escalated the conflict in the Middle East, the source of about a third of the world’s supplies, increasing the geopolitical risk premium for crude.West Texas Intermediate climbed as much as 2.3% to top $63 a barrel after the Israel Defense Forces conducted a strike in Doha targeting the senior leadership of Hamas, which has been declared a terrorist group by the US and Europe. Several blasts were heard in the city, according to media reports, and Qatar said the attack violated international law. Bloomberg's Mike McGlone reports. Israel conducted an unprecedented strike against senior Hamas leaders in the Qatari capital of Doha, escalating an already tense standoff between the country and Arab nations over the war in Gaza.The move against the Iran-backed group was “a wholly independent Israeli operation,” Prime Minister Benjamin Netanyahu’s office said in a statement on Tuesday, suggesting the US — a close ally of both Israel and Qatar — had no direct involvement. “Israel initiated it, Israel conducted it, and Israel takes full responsibility.”A White House official, who requested anonymity to discuss the operation, said Israel notified President Donald Trump’s administration immediately before the attack took place.Qatar condemned the strike, calling it a “flagrant violation” of international law, after several blasts were heard earlier in Doha. Qatar “will not tolerate this reckless Israeli behavior and its continued tampering with regional security,” Foreign Ministry Spokesman Majed Al Ansari said in a post on X.Hamas leaders, headed by Khalil Al-Hayya, survived the Israeli attack, Doha-based Al Jazeera reported, citing a senior Hamas source. There’s been no official confirmation on whether they are alive.Israel has been fighting Hamas in Gaza since the militant group’s deadly attack on the country in October 2023. Qatar is one of the key mediators between Israel and the Palestinian group, designated a terrorist organization by the US and European Union, and has been central to on-off ceasefire talks between the two sides.Those negotiations — co-mediated by Egypt — haven’t notably advanced since Hamas said in mid-August it had agreed to a proposal to release half of the hostages it still holds from the Oct. 7 attack in exchange for a partial withdrawal of Israeli troops. Israel, which has demanded Hamas fully disarm, has since initiated plans to take over Gaza City, and this week ordered its 1 million residents to leave ahead of a major military offensive. “Israel’s targeting of Hamas leadership in Qatar ends the prospects of a ceasefire deal in Gaza, will unnerve Doha and other Arab Gulf states, and further erode the perception of the US as a reliable security partner,” Dina Esfandiary and Ziad Daoud, of Bloomberg Economics, wrote in a note. “It’s a significant escalation of tensions.” Stoking AngerIsrael has never previously attacked Qatar, and the strike is likely to further anger Arab nations already on edge about the Palestinian deathtoll in Gaza and the humanitarian impact of the war. Israel’s campaign has devastated Gaza, and a United Nations body declared a famine in parts of the territory due to blocks on food aid. The Israeli attack on Qatar may prove awkward for Trump, who has so far supported Israel’s military actions against Hamas and other Tehran-backed militant groups, as well as the airstrikes on Iran itself three months ago. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Anglo American to Buy Teck in Deal to Reshape Mining Bloomberg Podcasts 2025-09-09 | Anglo American Plc has agreed to acquire Canada’s Teck Resources Ltd., creating a more than $50 billion company in one of the biggest mining deals in over a decade.Anglo will pay 1.3301 shares for each Teck share, in a deal that would represent a 17% premium to the Canadian miner’s closing share price. according to Bloomberg calculations. But Anglo will also pay its investors a $4.5 billion special dividend ahead of the combination, meaning that the effective premium would be just 1%. The companies presented it as a zero-premium transaction.The boards of both companies unanimously recommend the deal. Anglo’s Chief Executive Officer Duncan Wanblad will head the new company, while Teck’s CEO Jonathan Price will be deputy. The combined company, called Anglo Teck, will be headquartered in Vancouver, while its primary listing will be in London.Anglo has secured the support of the Keevil family, which controls Teck through “supervoting” Class A shares and whose opposition previously scuppered Glencore Plc’s attempt to buy the company in 2023. Bloomberg's Richard Bourke reports.Still, the deal requires the approval of two-thirds of Teck’s Class B shareholders — of which the largest is China Investment Corp. — and the announcement could yet spur fresh bids for Teck or Anglo. In their statement announcing the deal, the companies said their agreement includes provisions that would allow either firm to consider unsolicited proposals and for the deal to be terminated in the event of a superior proposal.“Getting the Keevil approval is key, given their class A shareholding,” said Hay at Panmure Liberum. “But the other shareholders may be less happy given the zero premium and the poor recent share price performance.”Teck, which had fallen roughly 20% in Toronto trading over the 12 months through Monday, rose as much as 19% on Tuesday, before paring that gain to 14% by 10:22 a.m. local time. That gave the company a market value of about $19.4 billion. Anglo surged in London trading on Tuesday, boosting its market value to 29.3 billion pounds ($39.8 billion). Both companies have been pursued by bigger miners in recent years: Anglo fought off a $49 billion approach from BHP Group last year, while Glencore unsuccessfully tried to buy Teck two years ago. Those failed bids kicked off a dealmaking frenzy, with executives across the industry spending much of the past two years running the numbers on their rivals to assess potential transactions. The increased activity has largely been driven by the desire to expand production of copper — a metal essential to the global energy transition — as well as a fear of missing out after BHP’s bid for Anglo sent shock waves through the sector. A Teck-Anglo combination has long been discussed behind the scenes. Both companies have been seeking to simplify their businesses — Teck sold a majority stake in its coal division to Glencore, while Anglo has exited platinum mining and is in the process of trying to sell its own coal mines and offload its De Beers diamond unit.Teck’s flagship mine is the Quebrada Blanca 2 copper project in Chile. Anglo owns a stake in the neighboring Collahuasi mine, which could offer opportunities to increase production and profits by combining the two operations.The companies said they expected $800 million of pretax annual synergies from the deal. A further $1.4 billion of annual synergies could be realized by integrating the two Chilean copper mines, they added.“It’s a deal that makes a lot of sense,” said George Cheveley, a portfolio manager at Ninety One UK Ltd., which holds shares in both companies. “The industrial logic has always been there to combine Collahuasi and QB2: there’s huge synergy there.”The deal will need the approval of regulators in countries including China, the US and Canada. If approved by regulators, the acquisition is expected to be completed in 12 to 18 months. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
UnitedHealth Rises, Fox Drops, Dell Falls After CFO Steps Down | Stock Movers Bloomberg Podcasts 2025-09-09 | On this episode of Stock Movers:- UnitedHealth (UNH) shares rise after the company said it expects most of its Medicare Advantage members to be in highly rated plans that earn bonus payments next year, a boon for its health insurance business.- FOX (FOXA) shares drop after Rupert Murdoch and his children resolved a family feud with a settlement that gives Lachlan Murdoch broad control of the media empire.- Dell shares (DELL) fall after the computer hardware maker said CFO Yvonne McGill is stepping down after two years in the role and will be replaced on an interim basis by David Kennedy.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.Check out more episodes of Stock Movers: youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauUVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video#Stocks #Markets #Finance #Investing #Podcast #BloombergUnitedHealth Rises, Fox Drops, Dell Falls After CFO Steps Down
How Labor Revisions Could Impact Equities | Bloomberg Surveillance Bloomberg Podcasts 2025-09-09 | Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF).Bloomberg Surveillance hosted by Tom Keene & Paul SweeneySeptember 9th, 2025Featuring:1) Ann Miletti, Head of Active Equity at Allspring Global Investments, joins to discuss staying active in the equity market amid policy uncertainty and concentration risk in markets. Investors in the Treasuries market face a test of bullish sentiment this week from inflation reports and a benchmark revisions for jobs data.2) Nancy Tengler, CEO at CIO at Laffer Tengler Investments, offers her stock picks and talks about how she's allocating amid labor and policy uncertainty. The market's ability to extend this month's rally will depend on the tone of producer and consumer inflation due Wednesday and Thursday. Traders will follow how the market absorbs the auctions of 3-, 10-, and 30-year Treasuries.3) Colin Hunt, CEO of Allied Irish Bank (AIB), talks about multinational customer activity, staying competitive in Europe and in Ireland amid US tariffs, and Irish infrastructure deficits.4) Lisa Mateo joins with the latest headlines in newspapers across the US, including Washington Post's report on test scores sliding and the Boston Globe story on the "RushTok" sorority crazeSee omnystudio.com/listener (omnystudio.com/listener) for privacy information.Tom Keene, Paul Sweeney, Lisa Mateo and Michael Barr have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACFSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Surveillance: youtube.com/playlist?list=PLe4PRejZgr0OA0Pnb-62GrhgZ_ziGyxMJ#Bloomberg #Podcast #Surveillance #News #MarketsVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Stocks Near Record as Fed-Cut Trade in Full Swing Bloomberg Podcasts 2025-09-09 | Nancy Tengler, CEO and CIO at Laffer Tengler Investments, discusses how she is allocating amid labor and policy uncertainty. Wall Street traders drove stocks lower after a larger-than-anticipated revision to US jobs data raised concern about a labor-market downturn at a time when inflation is showing signs of stickiness.Following a rally that drove the S&P 500 to the brink of all-time highs, the gauge edged down. Economically sensitive corners led losses, with a gauge of small caps dropping 1%. Megacaps also lost steam ahead of Apple Inc.’s big product event. Treasuries halted a four-day rally. Oil jumped after a reported Israeli attack in Qatar revived fears of a wider conflict in the Middle East. Gold rose to a record.US job growth was far less robust in the year through March than previously reported. The number of workers on payrolls will likely be revised down by 911,000 for the 12 months through March — or nearly 76,000 less each month — according to the government’s preliminary benchmark revision . The final figures are due early next year.Next up will be readings on both producer and consumer prices, due Wednesday and Thursday, respectively. While traders have fully priced in a quarter-point rate cut by the Federal Reserve this month, sticky inflation could dim the outlook for cuts in October and December.“The jobs picture keeps deteriorating and while that should make it easier for the Fed to cut rates this fall, it could also throw some cold water on the recent rally,” said Chris Zaccarelli at Northlight Asset Management. “Worse still, if the CPI shows a worsening trend of higher inflation on Thursday then the market will begin worrying about stagflation.”Treasuries lost steam as traders looked past a US jobs markdown ahead of inflation data that will test the market’s conviction on Federal Reserve interest-rate cuts.The slide in bonds sent yields higher across the curve, following a four-day rally. The S&P 500 wavered near its all-time highs, with economically sensitive corners of the market underperforming. Apple Inc. dropped before its product event. Oil jumped after an Israeli attack in Qatar revived fears of an escalation of the conflict in the Middle East. Gold rose to a record.US job growth was far less robust in the year through March than previously reported. The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Next up will be readings on both producer and consumer prices, due Wednesday and Thursday, respectively. While traders have fully priced in a quarter-point rate cut by the Fed this month, sticky inflation could dim the outlook for cuts in October and December.“The jobs picture keeps deteriorating and while that should make it easier for the Fed to cut rates this fall, it could also throw some cold water on the recent rally,” said Chris Zaccarelli at Northlight Asset Management. “Worse still, if the CPI shows a worsening trend of higher inflation on Thursday then the market will begin worrying about ‘stagflation’.”A worse-than-expected increase in consumer prices would complicate policy decisions at a time when pressure is mounting to provide economic relief through lower rates, according to Stephen Kates at Bankrate. “Combined with Friday’s dismal payroll report and this morning’s preliminary payroll benchmark revision of -911,000, it is clear the economy is caught between a rock and a hard place — or more accurately, between a labor shock and a hot pace,” he said. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Instant Reaction: US Payrolls Marked Down a Record 911,000 in Preliminary Estimate | Bloomberg... Bloomberg Podcasts 2025-09-09 | US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.For instant reaction and analysis, Bloomberg's Tom Keene and Scarlet Fu spoke with:Ira Jersey, Bloomberg Intelligence Chief US Interest Rate StrategistMichael McKee, Bloomberg International Economics and Policy CorrespondentStephanie Roth, Wolfe Research chief Economist See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Tom Keene, Paul Sweeney, Lisa Mateo and Michael Barr have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACFSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Surveillance: youtube.com/playlist?list=PLe4PRejZgr0OA0Pnb-62GrhgZ_ziGyxMJ#Bloomberg #Podcast #Surveillance #News #MarketsVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Instant Reaction: US Payrolls Marked Down a Record 911,000 in Preliminary Estimate | Bloomberg... Bloomberg Podcasts 2025-09-09 | US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.For instant reaction and analysis, Bloomberg's Tom Keene and Scarlet Fu spoke with:Ira Jersey, Bloomberg Intelligence Chief US Interest Rate StrategistMichael McKee, Bloomberg International Economics and Policy CorrespondentStephanie Roth, Wolfe Research chief Economist See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Paul Sweeney and the Bloomberg News team cover the day's market action, with analysis from Bloomberg Intelligence analysts, Bloomberg Opinion writers and influential newsmakers.Watch us LIVE on YouTube: youtube.com/live/f39oHo6vFLgSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more Bloomberg Intelligence: youtube.com/playlist?list=PLe4PRejZgr0MfvtfGTYQIno9T-8l8nKFv#News #Markets #Bloomberg #Podcast #Business #FinanceVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
Anglo American; Nebius Pop; UNH Jumps | Stock Movers Bloomberg Podcasts 2025-09-09 | On this episode of Stock Movers:- Anglo American (NGLOY) shares are higher to its highest intraday level in almost seven months following news it is in advanced talks to acquire Canada's Teck Resources Ltd. in a potential purchase that could be announced as early as this week. A combination of the two companies would rank among the biggest ever in the mining industry and mark the culmination of several years of revived dealmaking activity among the largest players- Nebius (NBIS) jumped in premarket trading after the AI-centric cloud platform company said it will provide Microsoft access to GPU infrastructure capacity at its new data center in Vineland, New Jersey, over five years. Total contract value is $17.4b through 2031, or as much as $19.4b if Microsoft acquires additional services and/or capacity. - UnitedHealth Group (UNH) is jumping on news it expects most of its Medicare Advantage members to be in highly rated plans that earn bonus payments next year. Preliminary data show about 78% of members will be in plans with at least four stars, the threshold for earning bonus payments. Earning high star ratings is crucial for insurers selling private Medicare Advantage health plans, fueling demand and higher reimbursement from the government for those customers.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.Check out more episodes of Stock Movers: youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauUVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video#Stocks #Markets #Finance #Investing #Podcast #BloombergAnglo American; Nebius Pop; UNH Jumps
France’s Premier Resigns as Macron Considers Replacement Bloomberg Podcasts 2025-09-09 | Stephen Carroll, host of Bloomberg Radio's Daybreak Europe, breaks down the latest from Paris and what's next for Emanuel Macron's government.Francois Bayrou resigned as France’s prime minister Tuesday, putting the onus on President Emmanuel Macron to quickly name a new premier who can stabilize the country’s urgent fiscal situation.Macron said he would tap a new prime minister in the coming days. Bayrou submitted his resignation and will remain as a caretaker until a successor is named, according to Macron’s office.Whoever takes on the role will need to assemble a government and then find a way to pass a budget in a fragmented National Assembly, an exercise that’s toppled the last two prime ministers. Meanwhile public pressure is growing with nationwide protests planned.While Macron doesn’t lack for people who might accept the role, selecting someone who can find common ground among the groups is far from obvious.“Which party can one even recruit from?” Kathryn Kleppinger, George Washington University professor of French studies said in an interview on Bloomberg Television. “I fear we’re going to be dealing with more of the same.” Read More: Here Are the Leading Contenders to Be France’s New PremierFrench bonds rose on Tuesday, with the 10-year benchmark yielding 3.47%. The CAC 40 Index was up about 0.2% at 3:45 p.m. in Paris.The new premier will be France’s fifth in less than two years, a reflection of the irreconcilable blocs in the country’s fractured political landscape.Several of the names floated in French media for the post are in Bayrou’s government, which limits their ability to appeal to parties beyond the centrist groups that had supported the outgoing premier. They include Defense Minister Sebastien Lecornu, who was a front-runner in the last reshuffle for the position, or Labor Minister Catherine Vautrin. Finance Minister Eric Lombard, who was instrumental in building bridges with Socialists to secure the 2025 budget, is another possibility.Outside of Macron’s core group, Socialist leader Olivier Faure has said that he’s ready to be prime minister. Former Socialists could include Bernard Cazeneuve, a former prime minister under President Francois Hollande or the current head of the state audit court, 67-year-old Pierre Moscovici. If no political profile can work, Macron could try to find a prime minister seen as purely technocratic, but would be an implicit admission from Macron that politics has failed.The Socialists were quick to propose their services following the vote. “I think it’s time for the left to again govern this country and break with the policies that have been implemented for the past eight years,” Faure said on TF1 television, referring to Macron’s time in office.At the same time, on France 2 television, outgoing interior minister Bruno Retailleau, who also heads the center-right Republicans, said he wouldn’t take part in a government led by a Socialist prime minister. Speaking on the same channel, far-left firebrand Jean-Luc Melenchon also said he would not support a government led by Faure.Bayrou called Monday’s confidence vote in an effort to get backing for his proposed €44 billion of spending cuts and tax hikes that would narrow France’s 2026 deficit to 4.6% of economic output from an expected 5.4% this year. He also floated an unpopular proposal to cut two public holidays as a way to reduce costs in Europe’s second-largest economy. France’s deficit is the widest in the neuron area with debt rising by €5,000 ($5,840) a second, according to Bayrou. The cost to service its obligations is set to hit €75 billion next year, he has also said.Eleonore Caroit, a lawmaker from Macron’s Renaissance party, said on Tuesday that her group would consider less rigorous budget proposals. “We need to cut more public expenditure, but if it takes moving from the €43.8 billion proposed by Bayrou to another figure, of course we are willing to do so.” -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Market Jitters and Fed Independence in Question Bloomberg Podcasts 2025-09-09 | Michael Purves, CEO at Tallbacken Capital Advisors, discusses the Trump-Fed put, questions surrounding market uncertainty and his S&P target. Scott Bessent is studiously trying to avoid the fate of the last Treasury secretary who picked a Fed chair for President Donald Trump and now finds himself banished from the inner circle.To escape Steven Mnuchin’s fate, Bessent — who begins interviewing candidates for the role this month — must balance Trump’s demands for a rate-cutting crusader against the need for the Fed chair to have the confidence and trust of financial markets. Bessent has intentionally taken a more hands-off approach, compiling a list of nearly a dozen candidates, but is not expected to push any one candidate, as Mnuchin did when he pushed Chair Jerome Powell for the job in 2018. After interviewing those candidates, he plans to whittle down the list to a handful of top contenders, without any ranking or explicit preferences, according to people familiar with the process.Bessent, says one former Trump official, wants Trump to own the final decision.The Treasury Department did not respond to a request for comment.Trump on Friday told reporters he “sort of” knows who he is going to pick, citing a “top three” list of National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller and former Fed official Kevin Warsh.“Bessent is smart to be more circumspect than Mnuchin was,” says Stephen Myrow, managing partner of Beacon Policy Advisors and a former Treasury official. “It’s a good survival strategy.”Bessent sits in a powerful perch as one of the president’s most trusted Cabinet members, while also maintaining credibility on Wall Street. That makes him the natural choice as a key negotiator on tariffs talks and to head up the central bank chief interviews. The Fed assignment is fraught with peril. Trump has said he wants the central bank to sharply cut interest rates by three percentage points. But investors worry such a drastic move could tip the bond markets into turmoil and cause inflation to surge.US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.The Bureau of Labor Statistics adjustment indicates the labor market slowdown in recent months followed an extended period of more moderate job growth that may lay the groundwork for a series of interest-rate cuts beginning next week. Fed Chair Jerome Powell recently acknowledged risks to the job market have increased, and two of his colleagues preferred to lower borrowing costs in July.Traders widely expect central bankers to cut rates at the conclusion of their two-day meeting Sept. 17. Treasury yields rose while the S&P 500 reversed earlier gains.The labor market “was materially weaker than the BLS initially estimated in the year to March 2025, giving the Fed another reason to lower rates next week,” Sal Guatieri, senior economist at BMO Capital Markets, said in a note.Payrolls were marked down in nearly every industry and most states. Combined payrolls at wholesale and retail establishments led the downward revision, followed by leisure and hospitality. Professional and business services as well as manufacturing were also notably marked down.While benchmark revisions are carried out every year, they’ve garnered added attention this year with investors and Fed watchers looking for any signs that the labor market may be slowing faster than previously thought. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
US Payrolls Estimated to Be 911K Lower Through March Bloomberg Podcasts 2025-09-09 | US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.The Bureau of Labor Statistics adjustment indicates the labor market slowdown in recent months followed an extended period of more moderate job growth that may lay the groundwork for a series of interest-rate cuts beginning next week. Fed Chair Jerome Powell recently acknowledged risks to the job market have increased, and two of his colleagues preferred to lower borrowing costs in July.Traders widely expect central bankers to cut rates at the conclusion of their two-day meeting Sept. 17. Treasury yields rose while the S&P 500 reversed earlier gains.The labor market “was materially weaker than the BLS initially estimated in the year to March 2025, giving the Fed another reason to lower rates next week,” Sal Guatieri, senior economist at BMO Capital Markets, said in a note.Payrolls were marked down in nearly every industry and most states. Combined payrolls at wholesale and retail establishments led the downward revision, followed by leisure and hospitality. Professional and business services as well as manufacturing were also notably marked down.While benchmark revisions are carried out every year, they’ve garnered added attention this year with investors and Fed watchers looking for any signs that the labor market may be slowing faster than previously thought.Political IreSizable adjustments to monthly job data sparked outrage at the White House and led to President Donald Trump’s dismissal of the head of the BLS in August. Last year, he took aim at former President Joe Biden, calling into question the integrity of his administration and its economic record after a similarly large downward revision in the 2024 preliminary benchmark revision. The final 2024 revision was ultimately not as severe as the preliminary suggested, though it was still the largest since 2009.“Today, the BLS released the largest downward revision on record proving that President Trump was right: Biden’s economy was a disaster and the BLS is broken,” White House Press Secretary Karoline Leavitt said in a statement. “This is exactly why we need new leadership to restore trust and confidence in the BLS’s data.”While Trump has been critical of revisions, both the monthly and benchmark adjustments are part of a routine process of updating estimates as more data become available. Adjustments have been bigger than usual in recent years, which some economists attribute to unique post-pandemic dynamics.“Today’s massive downward revision gives the American people even more reason to doubt the integrity of data being published by BLS,” Labor Secretary Lori Chavez-DeRemer said in a statement. The Labor Department oversees the BLS.“Considering these reports are the foundation of economic forecasts and major policy decisions, there is no room for such a significant and consistent amount of error. It’s imperative for the data to remain accurate, impartial, and never altered for political gain,” she added.While the revision in and of itself is large, it’s not so big in the context of the broader economy, said Joseph Brusuelas, chief economist at RSM US LLP.“In an economy where 163.3 million individuals are employed, a downward revision of 911,000 distributed over the space of twelve months is not that large from a quantitative point of view,” Brusuelas said in a note. “We will not know the monthly distribution of those downward revisions until February 2026.” -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
Bloomberg Money Minute: Apple iPhone 17 Event, Job Outlook Dips, Stocks Edge Up Bloomberg Podcasts 2025-09-09 | Bloomberg Money Minute with Gina Sabet reporting on Apple’s iPhone 17 launch day, a New York Fed survey showing job-seeker confidence at a record low, and Wall Street opening slightly higher as investors eye labor data revisions. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
The Cost of Your Health | Bloomberg Businessweek Bloomberg Podcasts 2025-09-09 | HealthEquity and its subsidiaries administer HSAs and other consumer-directed benefits for more than 17 million accounts in partnership with employers, benefits advisors, and health and retirement plan providers who share our mission to save and improve lives by empowering healthcare consumers.Scott Cutler, the company's CEO, discusses the challenges and successes of his first eight months on the job, and how his firm uses technology and data to help deal with healthcare affordability issues in America. Scott speaks with Tim Stenovec and Carol Massar on Bloomberg Businessweek Daily.See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcastsListen to more of Bloomberg Businessweek: youtube.com/playlist?list=PLe4PRejZgr0NDtGW4nghKtCxl6SCdFJfq#Bloomberg #Podcast #News #BusinessweekVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
No One Has A Serious Plan To Cut Debt Warns Kallum Pickering Bloomberg Podcasts 2025-09-09 | A measure of France's borrowing costs exceeded Italy's for the first time in the euro zone's history, demonstratingA measure of France’s borrowing costs exceeded Italy’s for the first time in the euro zone’s history, demonstrating how investor concerns over fiscal policy are redrawing the region’s bond markets.The shift on Tuesday was due to technical reasons, as the underlying bond used for benchmark French 10-year yields moved to a slighter later maturity than the Italian equivalent. But the trend toward convergence between the two nations’ debt has been years in the making.For market veterans, it’s a remarkable development given lower-rated Italy was for years the region’s poster-child for fiscal profligacy. Now it’s France that’s worrying investors, with Prime Minister Francois Bayrou resigning Tuesday after losing a confidence vote.“Expectations for a speedy resolution to France’s political and fiscal woes are likely to remain constrained,” said Sam Hill, head of markets insights at Lloyds. Its bonds will remain sensitive to broader market concern over budget deficits and debt piles, he added. how investor concerns over fiscal policy are redrawing the region's bond markets. The shift on Tuesday was due to technical reasons, as the underlying bond used for benchmark French 10-year yields moved to a slighter later maturity than the Italian equivalent. But the trend toward convergence between the two nations' debt has been years in the making. For market veterans, it's a remarkable development. Kallum Pickering Chief Economist at Peel Hunt tells Bloomberg radio's Caroline Hepker and Valerie Tytel that there's a wider issue of debt burdens in large economies, and the UK is more vulnerable than many other nations.Bayrou’s successor will need to find a way to pass a budget in a splintered parliament, an exercise that’s toppled the last two prime ministers. French bonds have been the worst performing in the region since President Emmanuel Macron called a surprise election last year. That instability has driven up France’s 10-year yields to among the highest yielding in the bloc, having already surpassed former market pariahs such as Greece and Portugal. Shorter-dated French yields overtook equivalent Italian rates earlier this year.Traditionally, Italian bonds offered a juicy pick-up to peers because investors demanded higher compensation for a tumultuous political backdrop and larger borrowing plans. During the height of Europe’s sovereign debt crisis in 2012, Italy’s yield premium was more than four percentage points over France. The spread was around two percentage points as recently as 2022. But in recent years Italian bonds have outperformed as Prime Minister Giorgia Meloni provided political stability in Rome alongside some efforts to consolidate the nation’s debt. Investor focus is turning to Fitch Ratings’ scheduled update concerning France’s creditworthiness, the first in a series of reviews in the comings months. France’s scores from S&P, Moody’s and Fitch are AA-, Aa3 and AA- respectively compared to BBB+, Baa3 and BBB for Italy. “French spreads are consistent with a ratings downgrade,” said Guillermo Felices, global investment strategist at PGIM Fixed Income. To be sure, a maturity mismatch distorts the comparison between the two nation’s 10-year yields. The new French benchmark yield is based on a bond maturing in November 2035, several months after the Italian equivalent. That means the French yield reflects additional duration risk.The benchmark French rate traded as much as one basis point higher than the Italian equivalent, before the move pared as the European session progressed. The French benchmark yield was at 3.47%, lower than its 2025 peak of 3.63%.Still, it’s the latest unwanted market milestone for French officials. President Macron is expected to select a new prime minister within days, who will be the fifth in less than two years — a reflection of the irreconcilable blocs in the country’s fractured political landscape. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: apple.co/486mghI Android Auto: bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: youtube.com/bloombergpodcasts Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloomberg Quicktake: youtube.com/@BloombergQuicktake
French Senator Conway-Mouret Talks Country’s Next Prime Minister | Bloomberg Talks Bloomberg Podcasts 2025-09-09 | French Socialist Party Senator Hélène Conway-Mouret discusses her party's pitch to lead the next government, after the ousting of Francois Bayrou's administration in a confidence vote. She spoke to host Stephen Carroll on "Bloomberg Daybreak Europe".See omnystudio.com/listener (omnystudio.com/listener) for privacy information.Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders.Listen to more Bloomberg Talks: youtube.com/playlist?list=PLe4PRejZgr0PymVnW5YWXAKoo_oh7FWmh&si=-VRYLfzBIcZszwHNSubscribe to Bloomberg Podcasts: bit.ly/BloombergPodcasts#Bloomberg #PodcastVisit us: bloomberg.com/podcastsFollow Bloomberg Podcasts on Twitter: twitter.com/podcastsVisit our other YouTube channels:Bloomberg Television: youtube.com/@markets Bloomberg Originals: youtube.com/bloombergQuicktake: youtube.com/@BloombergQuicktakeFor coverage on news, markets and more: http://www.bloomberg.com/video
