Nobel Peace Prize winner Maria Corina Machado secretly left Venezuela to accept her award in Oslo but was forced to miss the ceremony due to bad weather. Her daughter accepted the award on her behalf. Machado got out of Venezuela on Tuesday with help from members of President Nicolas Maduro’s regime, according to a person familiar with the matter. Machado has been in hiding for more than a year. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don ...

So let's start with the holiday season. Everyone is getting ready to fly, sometimes with family, sometimes to family, sometimes to avoid family. What are the bookings look like so far.We're really pleased with how we see the Christmas and New Year holiday is shaping up, and even more so as we take a look out into the into the the the first quarter of 2026. You know, the government shutdown, it had a dampening effect on demand. But I really like what I've seen in terms of bookings post that and we're ready.Y ...

Inflation & Labor Market - The FOMC unanimously acknowledges that inflation is excessively high and requires reduction, while also recognizing the softening labor market and associated risks [1] - Persistent tension exists between the dual mandates, influencing decision-making processes [2] FOMC Discussions & Decisions - Discussions within the FOMC are thorough and respectful, despite differing viewpoints [3] - A decision was reached with broad support (9 out of 12), indicating a less unified consensus compared to typical situations [3] Monetary Policy & Economic Outlook - The effects of the previous 75 basis points rate cut are yet to be fully realized [4] - The committee is positioned to observe the economy's evolution before making further decisions [4] Data Assessment - Caution is advised when assessing household survey data due to technical issues in data collection, potentially leading to distortions [5][6] - Data collected in October and half of November may be unreliable due to disruptions in data collection [6]

The committee judged that reserve balances have declined to ample levels. Accordingly, at today's meeting, the committee decided to initiate purchases of shorter term Treasury securities, mainly Treasury bills, for the sole purpose of maintaining an ample supply of reserves over time. Such increases in our securities holdings ensure that the federal funds rate remains within its target range and are necessary because the growth of the economy leads to rising demand over time for our liabilities, including c ...

In support of our goals in light of the balance of risks to employment and inflation. Today, the Federal Open Market Committee decided to lower our policy interest rate by a quarter percentage point. As a separate matter, we also decided to initiate purchases of shorter term Treasury securities solely for the purpose of maintaining an ample supply of reserves over time, thus supporting effective control of our policy rate.Inflation has eased significantly from its highs in mid 2022, but remains somewhat ele ...

Market Trends & Economic Policy - The S&P 500 is up by 0.1%, Dow Jones up by about 0.4%, while the NASDAQ Composite Index is lower by approximately 0.2% [3][4] - The 10-year Treasury yield is at 4.16%, and the 2-year Treasury yield is at 3.58% [5] - The Federal Reserve is expected to make a decision on interest rates, with anticipation of a 25 basis points cut [2][41][46] - Discussions around affordability and inflation are ongoing in Washington, with the President addressing the issue [41][42] Company & Financial News - NVIDIA shares are trading lower, down by 1% [7] - Ryan Cohen has pleaded guilty to defrauding hedge fund investors of about $300 million [8] - Radio industry made $14 billion, while artists receive zero pennies for radio airplay [20][23][32] Regulatory & Legal Issues - Gene Simmons testified on Capitol Hill for music royalties, advocating for the American Music Fairness Act [2][12][13][39] - The American Music Fairness Act aims to ensure that artists are paid for their music played on AM and FM radio [13][17][18][33] - Concerns are raised about AI regulation, with a call for federal laws to encompass AI and address issues like IP ownership [34][35][36] Geopolitical & Business Strategy - Chinese AI startup DeepSeek is reportedly relying on NVIDIA chips, potentially smuggled into China, to develop an AI model [6] - Gene Simmons sold his publishing rights to Pop House, a Swedish company, for a sum large enough to buy Rhode Island [28][29]

Let's get to Bloomberg's Michael McKee with that Fed rate decision. The most divided Fed since before the pandemic voted to lower the benchmark rate by 25 basis points as investors expected. But there were three dissents for the first time since 2019.And on the dot plot, a total of six members of the committee suggested they were not in favor of lowering rates. There's also a hawkish line in the statement in considering the extent and timing of additional adjustments to the target range, bringing back langu ...

You spent the week in Washington. Thanks for making us part of it. Well, it's my pleasure.And people are shocked. I'll try to encapsulate what all of this is for. And oh, that's a big word like gymnasium.Look, I don't care what kind of music you listen to, but the American music. Let's just stop at that point. American music means we created and invested, invented the music of planet Earth, rock and roll, blues, jazz, hip hop, country and western, all invented and created.Here. Our stars are the stars of pl ...

This partnership is testament to just the extraordinary commercial momentum behind women's tennis and the global appeal of the WT tour. Um we have uh an incredible history but also we have a very brilliant future as I said um you know um we announced it um last year. We have a kind of a goal to triple uh the value of WTA to triple commercial revenue by 2029.And a partnership like this along with all of the other partnerships that we've um been able to sign this year really put put us on track firmly on trac ...

New York state prosecutors on Tuesday released a video excerpt of the first police encounter in December 2024 with Luigi Mangione, then the main suspect in the New York shooting of a health-care executive five days earlier. The video shows Joseph Detwiler, an officer in Altoona, Pennsylvania, questioning Mangione. A McDonald’s restaurant manager had called police to say he resembled the suspect wanted for the killing of UnitedHealth Group Inc. executive Brian Thompson on Dec. 4, 2024. -------- More on Bloom ...