This week, Former Treasury Secretary Lawrence H. Summers on the recent Fed decision and the economic implications of uncertainty in the Middle East. And, how is Saudi giant Aramco diversifying in a tech-driven world? Plus, an interview with Robinhood’s Vlad Tenev on artificial intelligence solutions for nuanced needs. Later, Netflix is entering the themed entertainment business with Netflix House, further intensifying its competition with traditional media players. Chapters: 00:00:00 - Summers on Fed, NYC M ...

[CC may contain inaccuracies] Well, I encourage the Chinese government in Beijing to call them about that, because they heavily depend on the Straits of Hormuz for their oil. If they do that, it'll be another terrible mistake. It's economic suicide for them if they do it and we retain options to deal with that.But other countries should be looking at that as well. It would hurt other countries economies a lot worse than ours. That was US Secretary of State Marco Rubio there, telling China it should ensure I ...

TONIGHT, A SPECIAL EDITION OF BALANCE OF POWER. THE U.S. MILITARY STRIKE ON IRAN AND THE THREAT OF A WIDENING WAR IN THE MIDDLE EAST. >> THE PRESIDENT AUTHORIZED A PRECISION MISSION TO NEUTRALIZE THE THREATS TO OUR NATIONAL INTEREST POSED BY THE IRANIAN NUCLEAR MISSION. THIS MISSION HAS NOT BEEN ABOUT REGIME CHANGE. >> PRESIDENT TRUMP ACTED TO DENY THE WORLD'S MOST DANGEROUS REGIME FROM THE WORLD'S MOST DANGEROUS WEAPONS. >> TONIGHT I CAN REPORT TO THE WORLD THAT THESE STRIKES WERE A SPECTACULAR MILITARY SU ...

If you had asked anybody before this evening how Wall Street would react after the US decided to directly attack Iran, I'm guessing the thought would be more severe than this. I think that was the thought coming in. But remember, we had a taste of this when Israel first struck Iran back late June 12.Here in the United States. And I think the playbook that is going to play out tonight and into Monday could potentially be a repeat of that, a big knee jerk reaction where risk assets get sold off, haven assets ...

I don't know what you think the probability is of Iran actually doing what they threatened to many times before and never have done choking off the strait entirely. But do they have potentially just as disruptive secondary options available to them. When we think about all of the energy infrastructure in this region.Great. Yeah, no, thank you. It's great to be with you.I think Iran will be very cautious and careful about attempting to fully disrupt the 18 to 20 million barrels a day of oil, 20% of traded LN ...

A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime, Fordo, Natanz and Esfahan. Everybody heard those names for years as they built this horribly destructive enterprise. Tyler Kendal at the White House.Now as the world waits for potential retaliation from Iran. The State Department is now urging. Increased caution to U.S. citizens abroad.Tyler. Yeah. Hey, Joe.Good evening. While a US official tells us that President Trump has sp ...

Thanks for being here. On Bloomberg TV and radio, Congressman. Thanks for having me. And thanks for the lead in.You know, one after another of my colleagues on the other side of the aisle forgetting about everyone from Truman to through Biden. Every one of them did a kinetic firing. None of them went to war. None of them came to Congress for the constitutional approval.And that's the only thing the Constitution says is going to war. The fact is, since Teddy Roosevelt famously said that, you can, you know, I ...

I don't know what you make of this rhetorical dance that we're hearing about the extent of damage, starting with President Trump suggesting that Fordo was obliterated. We've heard more tempered comments from the chairman of the Joint Chiefs and other analysts who are looking at this, including the IAEA. Did we go far enough.Well, I don't think the job is finished. I think it's very difficult to make evaluations of how effectively then, for example, at Fordo, which by definition was under a mountain. And it' ...

This is something that many in the Middle East were anticipating, some dreading, some hoping for going back decades. The conclusive potentially intervention of the US superpower with US firepower putting paid to sites in Iran that would designed specifically to withstand conventional attacks, including by Israel, which is arguably the Middle East's mightiest military power. So what we've seen now is Trump upending effectively a status quo that was in place that was shaken admittedly by eight or nine days of ...

A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime, Fordo, Natanz and Esfahan. As President Trump has stated, the United States does not seek war. But let me be clear.We will act swiftly and decisively when our people, our partners or our interests are threatened. ...