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US Shutdown: Johnson says the 'long national nightmare' should be over tonight
Bloomberg Television· 2025-11-12 21:06
We believe the long national nightmare will be over tonight. It was completely and utterly foolish and pointless in the end. As we said all along, I I just want to apologize to any Americans who are out there who still have flight cancellations or delays today.I want to apologize to the many American families who were made to go hungry over the last several weeks. Our troops and other federal employees who are wondering where their next paycheck would come from. We're very optimistic about uh the vote tally ...
AOC Slams GOP for Trying to Deny SNAP Benefits in Shutdown #politics
Bloomberg Television· 2025-11-12 21:03
Government Shutdown Impact - Federal workers across the country missed paychecks due to the shutdown [1] - Millions of SNAP recipients faced food stability issues [1] Political Dynamics - Senate capitulation and House Republicans/White House actions contributed to the situation [1] - The White House attempted to sue for the ability to deny people access to food [1] Overall Assessment - The current situation is described as "reality" [2]
Hassett Says He'd Take Top Fed Job If Trump Offered It
Bloomberg Television· 2025-11-12 19:42
There's a wide expectation that the Federal Reserve Board might lower again in December. Do you have a view on whether the Fed does lower. It should be 25 basis points or 50 basis points as the President.Or do you have a view on what might be better for the economy. Well, I first want to say that I have high regard for Jay Powell. I've known him for a long time, has had economic conversations with him many, many times during the last administration in this time, too.And, you know, I think at times he and I ...
Epstein Emails Suggest Trump Spent Time in the Home of a Victim
Bloomberg Television· 2025-11-12 19:30
A lot of Democrats are pretty unhappy about the way this has gone in the Senate. And you're not terribly happy with the way Senator Chuck Schumer has handled things now that the bill is coming into your chamber. Are you a no vote.I'm a no vote because I don't believe we can sit idly by like while 20 million Americans face astronomical spikes in their health care. We have a moral responsibility to make sure people have food assistance, to make sure they have health care. And we're not meeting that moment.But ...
This is an AI Arms Race Says Dan Ives
Bloomberg Television· 2025-11-12 19:27
Yeah. And look in that party it's 10:30 p. m.was 9 p. m. , but that party goes to 4 a.m. But look, we've talked about it. There's going to be the deejay is going to stop playing music.Sometimes there could be glass on the dance floor. Maybe cops come to the party, but the party is going to form. These are just white knuckle moments.What I view is this tech bull market is two more years ahead of it in terms of a supercycle of CapEx. Dan, I know you travel, you spend a lot of your time traveling around the wo ...
Odd Lots Celebrates 10 Years
Bloomberg Television· 2025-11-12 17:22
Hello and welcome to the first episode of Odd Lots. I'm Joe Weisenthal, co-host of What'd You Miss. and editor at Bloomberg Markets, Noam Tracy Alloway, executive editor of Bloomberg Markets here at Odd Lots.We want to have a discussion every week about economics, finance, markets, market structure, which Tracy loves, maybe some politics and culture thrown in stuff that doesn't necessarily fit into the normal day to day conversation. And we couldn't think of any guest better to have than Tom Keene Am I kidd ...
Delta Earnings Will Take Hit Due to Shutdown, CEO Says
Bloomberg Television· 2025-11-12 17:08
Centennial Celebration & Government Shutdown Impact - Delta celebrated its 100th centennial, marking it as the first U S airline to reach this milestone [1][2] - The government shutdown caused some reduction in bookings, approximately 5% to 10% less than normal [6] - The shutdown led to over 2,000 flight cancellations, impacting the fourth-quarter earnings [8] - Delta anticipates a quick return to normal operations following the end of the shutdown, with expectations of normal Thanksgiving and Christmas travel [3][4][5] Revenue & Premium Travel - Premium and loyalty accounted for approximately 60% of Delta's revenues this year, compared to 57% last year, indicating a growing trend [14] - Delta is focused on providing a premium experience, as customers are willing to pay more for enhanced travel experiences [12][13] International Expansion & Future Outlook - Currently, about two-thirds of Delta's revenues are from U S domestic travel, while one-third is international [17] - Delta anticipates international revenues will approach 50% of total revenues and eventually overtake domestic revenues [17] - Delta is exploring new technologies and partnerships, including electric vehicles for airport transportation, to enhance accessibility and sustainability [23][24] - Only one in five people in the world have ever been on an airplane, representing a significant growth opportunity for the airline industry [17]
Trump to Dine With High Profile Wall Street Executives
Bloomberg Television· 2025-11-12 15:54
President Donald Trump is hosting Wall Street's top leaders for dinner at the White House. Sources tell Alexandra Bloomberg that JPMorgan's Jamie Dimon and Goldman's David Solomon are expected to attend. Bloomberg's Jack Fitzpatrick is tracking the story. Jack, what's the objective of tonight's dinner.So there's no listed objective, but there's a broader context to consider here that the president hinted at in those remarks. This is a president who put a huge amount of political capital into getting his sig ...
Kennedy on the Supreme Court decision legalizing same-sex marriage #shorts #samesexmarriage
Bloomberg Television· 2025-11-12 15:42
So you will be always remembered for among other things the decision you wrote to legalize uh gay marriage. >> For me the important and perhaps deciding factor was the children. We were amazed to find that at first it looked like 75,000 children were adopted by gay parents and then it turned out they were in the hundreds of thousands.And these children uh were in states that did not allow gay marriage. If the child was sick, only the adopting parent, not the not the spouse, could come to see the child in th ...
Anthropic Will Spend $50 Billion to Build US Data Centers
Bloomberg Television· 2025-11-12 15:35
Investment & Expansion - Anthropic plans to invest $50 billion in US data centers in partnership with Fluid Stack, focusing on owning, building, and operating the facilities [1][2] - OpenAI's Stargate project is projected to cost $500 billion, with plans for overseas expansion [3] - A lab within Matter will spend $600 billion on domestic data centers [4] Revenue & Profitability - Anthropic projects revenues of $70 million by fiscal year 2028 [5] - OpenAI's annual revenue run rate is approximately $13 billion for 2023 and projected to be $20 billion for 2025 [5][6] - There is a growing consensus that Anthropic may achieve profitability faster than OpenAI due to its capital-light model relying on partners like Amazon, AWS, and Google [4][6] Competitive Landscape - Anthropic's $50 billion investment is smaller compared to OpenAI's $500 billion Stargate project and Matter's $600 billion domestic data center spending [3][4] - Anthropic relies more on hyperscale partners like Amazon, AWS, and Google for data center resources compared to OpenAI [4]