if they come in through a certain country or any country or if we think they're building mills for uh whether it's fentanyl or cocaine, anybody that's doing that and selling it into our country is subject to attack. >> So, not necessarily just Venezuela. No, not just that is relevant. ...

Regulatory Changes & Impact - Termination of Joe Biden's CAFE standards, described as burdensome and problematic for automakers [1] - The previous administration's regulations, combined with electric vehicle mandates, allegedly caused car prices to increase by over 25%, with one instance of an 18% increase in a single year [2] - The current administration aims to reduce costs for American consumers and make car buying more affordable [1] Energy & Environmental Policy - Characterization of the "Green New Deal" as a "scam" and a quest to end gasoline-powered cars [2][3] - Emphasis on the abundance of gasoline resources in the country [3] - Recognition of consumer desire for diverse vehicle options, including gasoline and electric cars [3]

India’s Narendra Modi welcomed President Vladimir Putin to India, greeting the Russian leader with an embrace. It’s Putin’s first state visit to the country since Russia’s full-scale invasion of Ukraine, showcasing warming ties that have angered the US. ...

And then it's getting after and going after narot terrorists and designated terrorist organizations in our own hemisphere. Uh as I've said and I'll say again, we've only just begun striking narco boats and putting narot terrorists uh at the bottom of the ocean because they've been poisoning the American people. And President Trump said, "No, we're taking the gloves off. We're taking the fight to these designated terror organizations." And that's exactly what we're doing.So we're stopping the drugs. We're st ...

Basically what sources are telling us is that Zuckerberg is said to the leadership of a company why they're aiming for 10% cuts, but the metaverse ambition hasn't really materialized. So according to these sources at Xbox Hawaii Home in the last few weeks, they basically reviewed it and said the cuts need to be deeper in that unit. It's really interesting that we're so focused on AI right now and it's a big move higher in the stock on this Bloomberg report, right, Danny.But I remember a time where the widen ...

Then there's power of Paramount Sky Dance and Warner Brothers Discovery. Both are trading lower this morning. Warner Brothers down 2%.Sky Dance also down 2%, with Paramount raising its breakup fee to $5 billion in its bid for the company. That in itself is a sign that it can clear regulatory hurdles. That's also happening with recent reports that Netflix is the lead bidder for the company.Bloomberg intelligence analyst Kevin Year joins us now with the latest. Kevin, let's start with this idea that Netflix i ...

Well, let's get some more perspective on the fixed income markets now. And joining us from Hong Kong is Greg Peters, CIO for Public and Private Fixed income at PGIM. Greg, thanks so much for joining us today.And I do want to kick off with that data that we saw out of the US. The ADP November payrolls slipping pretty much seems to be the consensus that that's nailed on a Fed rate cut for next week. But what kind of commentary do you expect to hear now around further easing.Yeah, So I do think, you know, we w ...

Ed, the consensus is that Jay Powell is considering maybe sticking around, keeping his governor chair, even though his chairmanship is going to be ending next year. But you actually think that he would leave running the central bank earlier than his term ends. Yeah, Anne-Marie, I think the real question is, is that once you have a selection for chair, if the president has, as you know, kind of nominated someone, if the Senate approves that individual and maybe you look at kind of Steve Myron's term, it ends ...

Do you see this as a signal that the mood is changing and that national security is now the United States not having its technology sold internationally. Not that the US technology will be allowed out of the US into, say, China's hands. Yeah, there's a very specific point of distinction of what the omission of that that Rulemaking and the GAIN Act provides for the original proposal was that in video would have to prioritize American customers for the lead edge chips over a potential export customer, which w ...

Labor Market Analysis - Initial jobless claims came in at 190,000, lower than the expected 220,000 and down from the previous week's 216,000 [1] - The number of people receiving unemployment benefits decreased to 19 million from 196 million, representing a drop to 11% from 19% [1] - Continuing claims dipped slightly, suggesting that the pace of layoffs has slowed [2] - The labor market may not be as weak as initially thought, or it could be stabilizing [3] - The labor market is softening, but the extent of the weakness remains uncertain until official data is released [3] Monetary Policy Implications - The data suggests the Federal Reserve (FED) might cut rates, but the extent to which they can cut rates going forward is questionable [4][5] - Markets have largely priced in a rate cut by the FED in the coming week [5] - The head of the New York FED indicated there might be enough evidence to justify a rate cut [6] - The situation heading into next year is complicated, as inflation remains above the target [6] - Personal Consumption Expenditures (PCE) data will provide further insights, but the backdrop includes a weakening labor market and inflation above target [7]