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US Senate Advances Plan to End Government Shutdown; AI Doubts on TSMC Sales | The Pulse 11/10
Bloomberg Television· 2025-11-10 12:01
>> NEWSMAKERS AND MARKET MOVERS, THIS IS THE PULSE WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING. WELCOME TO THE PULSE.THE U.S. SENATE TOOK A MAJOR STEP TOWARDS REOPENING THE GOVERNMENT AFTER SEVERAL DEMOCRATS BROKE WITH PARTY LEADERS TO SIDE WITH REPUBLICANS TO PASS A DEAL AIMED AT ENDING THE SHUTDOWN. PRESIDENT TRUMP SOUNDED A OPTIMISTIC MAKING PROGRESS. FRANCINE: GETTING VERY CLOSE TO ENDING THE SHUTDOWN.DID NOT AGREE TO GIVE ANY MONEY TO PRISONERS, ILLEGALS COMING TO OUR COUNTRY. I THINK THE DEMOCRATS UN ...
TSMC Reports Slower Chip Sales, Fueling AI Uncertainty
Bloomberg Television· 2025-11-10 10:39
First of all, is this the first sign that air demand is plateauing. I feel like we ask ourselves this every two days and it's plateauing and then it's not. But could this be really it.No, I don't think it is. To be honest. I mean, I think if you put it in context, I mean, revenues are up about 17% in local currency, about 22% in US dollar terms for October is trending in line with the guidance they gave when they gave the Q3 update.So I think this is where we're expecting it to be and it will be well, it wa ...
Did BBC Mislead UK Viewers Over Trump's Capitol Riot Speech?
Bloomberg Television· 2025-11-10 10:26
The BBC's director general Tim Davie is well to resign amid allegations that the broadcaster misled viewers by editing President Donald Trump's remarks in a documentary. While the clip made to Trump appeared to say that his supporters should, quote, walk down to the capital and fight like hell. In fact, he said, they should cheer on our brave senators and congressmen and women.Why the fight like hell remark was from a different part of the speech. War News chief Deborah Turness has also quit over the contro ...
Dip Buyers Pounce on US Shutdown News: 3-Minute MLIV
Bloomberg Television· 2025-11-10 09:50
I'm always overreacting here to the possibility of an end to the shutdown. So it doesn't seem like this is really such a great catalyst for the size of the moves that we're seeing. Asian markets had a really good session.We had things like The Cosby Rising 3% everywhere you look. You know, it's very a risk on in a way that we don't always see. You've got all of the commodities pushing higher as well.As you were saying, Lizzy, equity futures are up, too. I mean, and the only thing that's changing really is I ...
US Senate Near To Ending Shutdown; Sharaa-Trump Meeting | Horizons Middle East & Africa 11/10/2025
Bloomberg Television· 2025-11-10 09:03
JOUMANNA: GOOD MORNING. THIS IS HORIZONS MIDDLE EAST AND AFRICA." THE U.S. SENATE HAS VOTED 60-40 TO ADVANCE A BILL THAT COULD END THE LONGEST GOVERNMENT SHUTDOWN IN HISTORY. BUT IT’S NOT A DONE DEAL YES. DONALD TRUMP IN WASHINGTON TODAY IS BEING MET WITH SHARAA.AND PRESIDENT TRUMP SAYS NO U.S. OFFICIALS WILL BE ATTENDING THIS MONTH’S GROUP OF 20 SUMMIT IN AFRICA AS HE REPEATS CLAIMS THE COUNTRY IS MISTREATING WHITE AFRIKANERS. IT’S GONE 9:00 A. M. I’M JOUMANNA BERCETCHI.LET’S LAB AT WHAT HAPPENED LAST WEEK ...
US Shutdown Is Getting Closer to Ending, Trump Says
Bloomberg Television· 2025-11-10 08:27
TRUMP SOUNDED OPTIMISTIC. WE ARE GETTING CLOSER TO ENDING THE SHUTDOWN. WE WILL NEVER GIVE MONEY TO ILLEGALS AND THE DEMOCRATS UNDERSTAND.WE ARE CLOSE TO IT ENDING, UHHHHH. YOU'LL KNOW SOON. GUY: JILL DESIS, WHAT PROGRESS HAS BEEN MADE.JILL: WE HAVE REACHED THE SUCCESS OF A TEST VOTE, OPENING THE DOOR FOR THE SENATE TO VOTE. WHAT THIS, UH, WOULD DO IS TO FUND SOME GOVERNMENT AGENCIES, LIKE THE DEPARTMENT OF AGRICULTURE AND OTHERS WOULD BE FUNDED THROUGH JANUARY 30TH, ENDING THE SHUTDOWN. MODERATE DEMOCRATS ...
Thanksgiving Travel Chaos Looms: Why More Flights Could Be Grounded
Bloomberg Television· 2025-11-10 07:07
Air Travel Disruptions - Approximately 10,000 flights have been cancelled or delayed, ranking this day as the 11th worst day for cancellations in 2025 [1] - Staffing shortages for air traffic controllers are a major contributing factor to the disruptions [2] - A winter storm in Chicago, a major US airport hub, is exacerbating the situation [2] - Decades of hiring shortfalls at airports, particularly in Newark and other New York airports, are adding to the problems [2] Potential Impact of Government Shutdown - The situation is expected to worsen if the government shutdown continues, especially with the Thanksgiving holiday approaching [3] - The US Transportation Secretary anticipates air travel to come to a virtual standstill during Thanksgiving if the shutdown persists [4] - Air traffic controllers may be less likely to work without paychecks during the holiday season [4] - Airlines may be required to cut flights by 20% if the shutdown extends past November 14th [5] - The busiest days and months for US airlines are approaching [5]
The Vaccine Myth That Just Won’t Die and What It’s Costing Pediatricians
Bloomberg Television· 2025-11-09 15:01
Uh there's a a published article out there now that says that 50% of of revenues to most pediatricians come from from vaccines. >> The claim is headline grabbing, but it's not backed up by the facts. It turns out that far from being a profit center for pediatricians, vaccinating children is a loss leader or maybe simply a loss.I think it's really hurtful that the the narrative around pediatricians profiting from vaccines continues to be um put front and center. >> Pediatricians actually have to work extra h ...
Zohran Mamdani Makes Many Promises for New York, Can He Deliver?
Bloomberg Television· 2025-11-09 13:00
Mayor-Elect's Policy & Business Community's Concerns - The business community initially adopted a "wait and see" approach towards the new mayor, focusing on how to ensure the city thrives under his leadership [1][2] - The mayor-elect aims to make the city more affordable through measures like lower grocery prices, universal child care, free buses, and rent freezes [2] - Concerns arise that achieving affordability by raising taxes could worsen the crisis, as businesses pass costs to consumers [3] - The mayor-elect's initial focus on efficient government in his acceptance speech was encouraging to the business sector [4] Talent Attraction & Cost Competitiveness - The ability to attract top talent to New York City is crucial, with concerns about businesses and wealthy individuals potentially relocating [5] - New York needs to demonstrate it's a reasonable cost place to do business and live, as other states and countries compete for jobs and tax dollars [6] - The premium for talent in the financial industry in New York is over 20% higher compared to places like Tennessee, Florida, or Texas [6] Housing Affordability & Real Estate - The mayor-elect pledged to make New York City more affordable, particularly regarding housing, including a promise to freeze rent for 2 million New Yorkers in rent-stabilized apartments [7] - Real estate taxes account for 30% of the rent, leading to discussions on property tax reform to help rent-stabilized units, of which there are over 1 million in New York City [8] - Rent control policies could deter private capital from investing in new housing, while New York needs hundreds of thousands of new housing units [11] - Converting underused office buildings to residential is seen as a way to lower housing prices [12] Office-to-Residential Conversions - As of May, the pipeline of office-to-residential conversions totals 81 million square feet, up from 71 million square feet just months ago [17] - An incentive called 467M offers developers a tax break for 30 years for starting office-to-residential conversions, with projects breaking ground by mid-2026 [18] - Approximately 13 million square feet of office buildings in New York are currently being converted to residential due to this rule and office oversupply [19] Housing Supply & Construction - New York City needs to build more housing to accommodate its growing population and job market [22] - The challenges include the high cost of acquiring land and buildings, expensive construction, and complex regulations [23] - Cutting the amount of time it takes to build housing is a top priority, requiring city administration to empower departments to make decisions and issue permits quickly [25]
How high school baseball revived a dying Korean town
Bloomberg Television· 2025-11-08 23:00
This small town in South Korea has saved itself from extinction through the power of baseball. Sangdong was one of hundreds of small towns on the brink of disappearing due to the country's deepening demographic crisis. It had lost 97% of its population in 50 years, but now it is thriving again, thanks to an ambitious plan to build an elite high school baseball program from scratch.Korea loves baseball, so the program entices students from other parts of the country to move to Sangdong for free baseball trai ...