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Up to Schumer to Reopen Government: Rep. Emmer
Bloomberg Television· 2025-10-07 00:15
Is the president right about talking with Democrats. Actually, what the president is the chief negotiator. And thanks for having me.The one thing that we're all united on, though, is that you got to reopen the government in order to be doing anything with whatever the topic may be when it comes to health care. Donald Trump has been a leader in this area. He wants to make sure that these programs, that the integrity is maintained for the people that they're intended for.Democrats obviously want to put illega ...
Economy is on bit of a “sugar high,” Griffin says #shorts #tariffs #economy #kengriffin #citadel
Bloomberg Television· 2025-10-06 22:34
US Economic Outlook - The Trump administration's policies aim to improve the lives of average American families, fueling market enthusiasm in the United States [1] - The US economy is experiencing a "sugar high" due to fiscal and monetary stimulus, typically seen during recessions, but occurring amidst near full employment [2] - The market has largely moved past tariff issues, but concerns related to tariffs, particularly high inflation, remain unresolved [3] - Markets are underestimating the potential for a significant increase in inflation, given pro-inflationary immigration, fiscal, and monetary policies [4]
Economy Is on Bit of a 'Sugar High,' Griffin Says
Bloomberg Television· 2025-10-06 21:22
US Economic Outlook - The Trump administration's policies aim to improve the lives of American families, fueling market enthusiasm [1] - The US economy is currently experiencing fiscal and monetary stimulus typically seen during a recession, despite being in a period of near full employment [2] - The US economy is currently on a "sugar high" [3] Inflation and Monetary Policy - Markets may be underestimating the potential for substantial inflation due to immigration, fiscal, and monetary policies [4] - The Fed is prioritizing downside protection in the labor market over managing inflation, which could be risky if inflation reaccelerates in early 2026 [7] - The debate centers on whether the Fed should focus on the labor market or inflation, reminiscent of Janet Yellen's approach to avoid a second recession and job losses [5][6] Tariffs - The market has largely moved past tariff concerns, but high inflation issues related to tariffs remain unresolved [3]
Trump Presses Israel, Hamas to Reach Peace as Talks Start in Egypt
Bloomberg Television· 2025-10-06 20:50
Ceasefire and Hostage Negotiations - A potential deal involving a ceasefire and prisoner exchange is under discussion, but Hamas's full involvement is uncertain due to their control over Israeli hostages [3] - The US President is pushing for a swift resolution, possibly influenced by the upcoming Nobel Peace Prize announcement [4] - Hamas is divided, with a political wing in Qatar potentially more open to a deal than the military wing in Gaza [4][5] - Hamas seeks concrete guarantees for the "day after," which the Israeli government is unlikely to provide [6] - A key obstacle is securing the release of hostages, as the proposed plan may exclude Hamas from future political influence [7] Political and Geopolitical Considerations - The plan addresses long-neglected issues concerning the aftermath of a ceasefire, suggesting a serious and evolving strategy [3] - The plan's details suggest the involvement of individuals with prior experience in Middle East peace efforts [22] - The Turkish President is reportedly trying to persuade Hamas to agree to the deal [5] - The Israeli public shows significant support (70%) for the deal, potentially easing pressure on Prime Minister Netanyahu [13] - There are concerns that striking a deal could provoke opposition and violence from Iran's proxies, though Iran may be currently restrained [26][27] Potential Future Scenarios - If the deal fails, Israel may resort to military action, including occupying Gaza City, which carries significant risks [9] - A stabilization force, primarily composed of Arab states and international troops, may be required to maintain security in Gaza [21][28] - Disarmament of Hamas is crucial for the plan's success, but ensuring it is genuine will be challenging [30] - The implementation of any agreement will be difficult, requiring a real ceasefire and hostage exchange [30] US Policy and Involvement - The US President prioritizes hostage issues, potentially influencing his motivation to resolve the conflict [16][17] - The US administration's approach to the situation is described as somewhat disorganized and unconventional [1] - The US President is applying pressure on Hamas through various means, including the threat of military responses [6]
What a US government shutdown means for the economy
Bloomberg Television· 2025-10-06 20:36
Economic Impact of Government Shutdown - Potential for furloughs and layoffs due to the shutdown, exacerbating existing federal government employment decline [1][2] - The October jobs report will reflect the impact of deferred resignations and potential shutdown-related layoffs [2] - Federal contractors are vulnerable, illustrated by the Department of Transportation freezing $18 billion worth of construction projects like the Second Avenue subway and Hudson Tunnel project [3] - Delays in infrastructure projects could create a domino effect if the shutdown prevents contracting officers from overseeing projects [4] Risks and Concerns - Shutdown could negatively impact a fragile US economy [1] - Contractors often operate with limited financial security, making them particularly vulnerable to job delays [3]
S&P 500, Nasdaq Hit Records As Yields Fall | Closing Bell
Bloomberg Television· 2025-10-06 20:33
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. We're joined now by Carol Massar and Tim Stenovec, both in the radio booth as we welcome our audiences across all of our platforms, including our partnership with YouTube, to parse the most crucial moments of the day.And Carol, nothing is more crucial right now than the news that just crossed the wire that Charlie xcx is back in the s ...
Political shocker in France as Prime Minister Resigns #europe #politics #shorts
Bloomberg Television· 2025-10-06 20:33
We've got some breaking news out of France which we need to get to straight away. Yes, the French prime minister Sebastian Lu has Lovnu has resigned. This news just breaking across the terminal now.The euro dropping half of 8% to 116 per dollar. They had just named the new cabinet pretty much similar to what we have seen before. We had seen the disappointment in these markets off the back of that.the difficulties faced to reach a budget consensus yet again seeming to rear their heads with K LNU and here we ...
Voyager CEO: Data centers in space would have unlimited power
Bloomberg Television· 2025-10-06 20:30
Uh but whether it's cheaper to do a data center in space or not, uh there's a lot of advantages to having a data center in space, uh you have unlimited power up there, right. I mean, you have the sun, it's shining, uh 24/7, uh depending on where you're oriented in orbit. Uh so I think there is promise to do that.uh data centers on the moon have been talked about and just back to the you know the original question you asked I think low earth orbit will be commercialized but certainly the lunar environment wi ...
Will the US government #shutdown lead to DOGE 2.0? #politics
Bloomberg Television· 2025-10-06 20:29
you're like, "Uh, enough of the government shutdown. Who cares?" The problem with that thinking is the thing that eventually ends the shutdown. Is people are like, "Holy cow, this is terrible." And it causes political pain for one side or other that pushes them back to the table and they they sort it all out. >> The thing I remember from the last shutdown is the national parks and how the trash stops getting collected, right.There are things that people start to notice if it happens for for long enough. So, ...
OpenAI COO: More users are willing to pay for ChatGPT
Bloomberg Television· 2025-10-06 20:29
a very healthy uh you know funnel of people that choose to pay for chatbt. Um you know it's it's surpassed where my expectations frankly were. Um people have this kind of conception that consumers tend to not pay for software.Um and you know similar even to what I was saying before around how do you co-develop the product alongside the business model. Chat GBT is a great example of that where the subscription model I think has been really a testament to how valuable it is for uh more users than I think we e ...