It's been a roller coaster day for UK financial markets. A report in the day's early hours that Chancellor Rachel Reeves was going to drop plans to raise income taxes caused the pound to tumble. UK borrowing costs soared.Then only an hour later, we reported that the reason this was being dropped was because forecasts for the country are looking better. That caused those moves to pair a little. Speculation about the budget is becoming more feverish as we head toward the November 26th announcement.And today's ...

A used auto dealer and lender named Trialor suddenly filed for bankruptcy in September after alleged fraud was flagged in their books. >> You're looking at hundreds of millions of losses across the industry. >> When Trialor started to go down, it set off a wave of fear on Wall Street.Everybody was wondering what's the next shoe to drop. >> The credit market has stopped buying some of these subprime auto loans and investors have started pulling away from more risky borrowings. Tricolor was a car dealer and a ...

Well, it's been an absolute disaster for Republicans. I mean, to shut down the House of Representatives for all these weeks, the longest, uh, government shutdown, but the House being out of session all this time has been a disaster for Republicans. So, uh, when they open up, they will have bipartisan support.You know, Congressman Massie, a Republican, um, along with Roana has led that uh, discharge petition. So, they now have the votes. And I do imagine there will be quite a few Republicans who will join on ...

We want to take a look at the big picture now when it comes to policy out of Washington and bring in Josh Wingrove. He is our senior White House correspondent and he joins us now from the White House. Josh, there's any number of directions we can go in here, particularly when it comes to the latest on the Jeffrey Epstein drama and the story there.But I want to start on tariffs and specifically how the U.S. government is now carving out some tariff exclusions because they need to address this affordability c ...

We're here outside the Apple Store in New York City in Soho, one of the only locations in the world to sell the new iPhone Pocket. In fact, it's the only store in America that is selling it today. Let's see if we can get our hands on any >> pink one.I was told that the first color to sell out was this teal turquoise color. Hot two on brand for Apple. Look at that.Let's pop it out. So, this is the small and it is small. It almost looks like like a karate belt.It's pretty dense but light and it has um Miyaki' ...

What do we know about what's leading up to this report. How did we get to this point in time. Well, Tyler, we've seen since August this accumulation of U.S. assets in the southern Caribbean.In early September, we saw the first of these strikes which have now killed about 75 alleged criminals, alleged drug runners in the southern Caribbean, and also expanded to the Pacific. And we're seeing just now the aircraft carrier fourth arriving to the southern Pacific. And so this is the greatest accumulation of asse ...

>> FROM NEW YORK CITY, I’M SCARLET FU. BLOOMBERG REAL YIELD STARTS RIGHT NOW. >> COMING UP A MASSIVE WAVE OF VOLATILITY HITS WALL STREET TRIGGERED BY FED COMMENTARY THAT LEAVES THE DECEMBER RATE CUT IN DOUBT.UNSTEADY CREDIT MARKET LEADS TO A RARE WHOLESALE IN HIGH GRADE. WE START WITH THE MARKET. >> IF THE FED DOESN’T DELIVER THEACTICS WILL BE PRICED.THAT IS THE SPARK THAT LIT THIS. THERE’S A BROAD A YOU RAY OF RISK. THEY HAVE IT FIGURE OUT WHAT THEY DO TO PRIORITIZE.THE OCTOBER DATA WILL BE VERY NOISY AND ...

Tremors have rippled through the $25 trillion US credit market. We had an exposure to Tricolor. I'm obviously not happy about it.This story is about the sudden, unexpected, spectacular collapse of a subprime auto lender backed by some of the largest banks on Wall Street. Tricolor’s collapse in the subprime auto lending space could be the tip of the iceberg. A used auto dealer and lender named Tricolor suddenly filed for bankruptcy in September after alleged fraud was flagged in their books.You’re looking at ...

I think with the crypto markets like especially like Bitcoin and Ethereum and the altcoins like sentiment changes can show up more dramatically just because there aren't as many like institutional players involved and you know that that kind of shows up as dramatic swings and then that bleeds over into equities that are linked to the crypto markets. You know, um I started out covering Bitcoin as kind not a joke, but as kind of um an a cultural exercise like 12 or 13 years ago by only using bitcoins instead ...

They began this war and they want to continue it. That's why they have to pay. >> Is this the most significant thing European leaders can do right now to help >> because we can get more than 140 billion for today.We can get it by the way from the United States. It will be also good signal you know like with energy like sanctions of the white house of of president. Yes.It's about L and Ross Neft and L important step and it it it brought some other our partners European partners also to some strong decisions ...