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Israel-Iran War May Halt as Trump Says Ceasefire Reached
Bloomberg Television· 2025-06-24 05:06
First of all, what do we know about the cease fire. It really has been an extraordinary 12 hours or so. At the moment, all we know is what Donald Trump has said. And I think what's key at the moment is we've had absolutely nothing from Israel, not even a hint that it's either not going to adhere to what Trump has said or that it's on board with it.So we have to wait and see for that. What you mentioned at the top of your show that we've had another three deaths in Israel from Iranian missile attacks. That's ...
Oil Prices Fall as Trump Announces Ceasefire in Middle East
Bloomberg Television· 2025-06-24 02:04
[CC may contain inaccuracies] Equity markets look to be putting this behind them. You look at Asian FX, you look at the dollar offer coming through as well. And look at oil markets down about 3%.The risk is the. an oversimplified perhaps interpretation of what's going on, simply looking at price. How are you guys looking at oil coverage day.Oil traders when you speak with them, when you speak to the gas traders, to them, this is all done. They they don't see any risk to the market. Now we can discuss ceasef ...
Should Congress Vote on War Powers Resolution Following Trump Iran Attack?
Bloomberg Television· 2025-06-24 01:05
The president does not intend, as he signaled, to take any further military action against Iran. Is that vote still necessary. Absolutely. It's absolutely still necessary.Look, we have to make sure that we are having a full debate on the House floor. Out in the open, the American people have said very clearly they do not want us dragged into another war. And I just have to take issue with what my colleague Darrell Issa said on that clip that you just played.The truth of the matter is the people that were in ...
How private equity affects American communities
Bloomberg Television· 2025-06-24 00:00
Toys R Us was purchased for something like $6 billion and $5.2% billion of that was loans and only Toys R Us itself was responsible for paying that debt back. And Toys R Us had always been a very fiscally conservative company. They did not have a lot of debt ever.Now all of a sudden they were just buried under interest payments and their private equity owners were not helping them repay that money. And so the reason Toys R Us went out of business was not Amazon. It was the fact that they didn't have any mon ...
Equities Finish at Session High | Closing Bell
Bloomberg Television· 2025-06-23 21:49
On the Middle East. The latest headlines coming from the president of the United States posting on truth social, acknowledging what we all sort of knew just a few moments ago here that the attack by Iran onto U.S. assets in Qatar, that most of those missiles had been intercepted. No casualties, no physical damage.No, exactly right. This kind of limited impact, if you will. But what's interesting is investors just the risk on trade, building momentum in these last few minutes of trading.I keep refreshing my ...
Reddit, The Front Page of the Interrnet | On This Day
Bloomberg Television· 2025-06-23 21:42
Let's take a look back in history. 20 years ago on this day when college roommates Steve Huffman and Alexis Ohanian joined forces with Aaron Swartz for the first ever class of companies at the startup accelerator called Y Combinator. They pitched an idea for a collection of online forums where users could share news articles and web pages with few, if any, restrictions on content. They called it Reddit. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so ...
Clark Says Netanyahu Is Pushing for Iran Regime Change
Bloomberg Television· 2025-06-23 20:05
Everyone is looking at what the United States did over the weekend with those bunker busting bombs. Everyone is looking right now at what at least at the moment seems to be a symbolic retaliatory attack by Iran. Is that or could that potentially be the end of this. Well, it could be the end of it, except that Israel hasn't said it's the end of it.And there may be 400 to 600 kilograms of highly enriched uranium on the loose inside Iran. So if it is the end of it, it could be the you could call it the kick th ...
IAEA expects very significant damage at iran's Fordow nuclear site
Bloomberg Television· 2025-06-23 19:57
Craters are now visible at the foro site, Iran's main location for enriching uranium at 60% indicating the use of ground penetrating munitions. This is consistent with statements from the United States. At this time, no one, including the IEA, is in a position to have fully assessed the underground damage at Foraux.Given the explosive payload utilized and the extreme vibration sensitive nature of centrifuges, very significant damage is to have occurred, is expected to have occurred. We continue to monitor t ...
How China is building an army of hackers #tech
Bloomberg Television· 2025-06-23 19:56
In 2018, Chinese researchers no longer traveled to compete in international hacking competitions. Anyone who wanted to do so had to get special permission from the Chinese government. The travel and competition restrictions placed on Chinese hackers were all about building what Jaime calls a cyber army.China really began in earnest to invest in the cyber population in its country. It invested in the tech. It invested in the talent and it became a very concerted focus for the regime.And you are just seeing a ...
Oil Plunges as Iran Retaliates for US Missile Strikes
Bloomberg Television· 2025-06-23 19:37
I guess if you take away the worst case scenario, that's actually helpful for lower oil prices. A couple of things to consider, though. One, Ali McCrossin RBC said over the weekend that she would caution against that knee jerk reaction that, quote, The worst is behind us.Now, the other factor to consider here, irrespective of the supply issue that may or may not happen with Iran is the demand side. So there's been a lot of stockpiling by China, a lot of stockpiling by other countries within the West as well ...