Hong Kong is bracing for the arrival of Super Typhoon Ragasa. The storm was packing winds of 205 kilometers per hour. Ragasa has already caused major flight disruptions, and closed schools and businesses across southern China. At least six people were injured and over 7,000 people were evacuated in Taiwan when the typhoon swept south of the island, the Central News Agency reported. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any vi ...

Near-term risks to inflation are tilted to the upside and risks to employment are tilted to the downside. A challenging situation. Two sided risks mean that there is no risk free pass.If we ease too aggressively, we could leave the inflation job unfinished and need to reverse course later to fully restore 2% inflation. If we maintain restrictive policy too long. The labour market could soften unnecessarily when our goals or intention like this are.Framework has long called for us to balance both sides of ou ...

Yeah. So you can't drive into Manhattan. That's just a no brainer, right.Take the train, all of that. But, you know, one of the fun pieces of color that we learned last night was that Emmanuel Macron got stuck in Israel. He's got his own caravan of service agents. He gets because Trump's caravan, of course, his motorcade takes precedence.And what did he do. He got on the phone in the middle of midtown Manhattan and called Trump and said, Hey, speed it up and get to my hotel. What is this like for the New Yo ...

China and India are the primary funders of the ongoing war by continuing to purchase Russian oil. But inexcusably, even NATO countries have not cut off much Russian energy and Russian energy products, which as you know, I found out about two weeks ago and I wasn't happy. Think of it.They're funding the war against themselves. Who the hell ever heard of that one. In the event that Russia is not ready to make a deal to end the war, then the United States is fully prepared to impose a very strong round of powe ...

Brazil now faces major tariffs in response to its unprecedented efforts to interfere in the rights and freedoms of our American citizens and others with censorship, repression, weaponization, judicial corruption and targeting of political critics in the United States. I have a little problem saying this, because I must tell you, I was walking in and the leader of Brazil was walking out. We saw him and I saw him. He saw me and we embraced.And then I'm saying, can you believe I'm going to be saying this in ju ...

You have the right to control your borders, as we do now, and to limit the sheer numbers of migrants entering their countries and paid for by the people of that nation that were there and that built that particular nation at the time. They put their blood, sweat, tears, money into that country, and now they're being ruined. Proud nations must be allowed to protect their communities and prevent their societies from being overwhelmed by people they have never seen before, with different customs religions, wit ...

When President Donald Trump and the First lady arrived at the United Nations Tuesday morning, the escalator that led them up to the General Assembly stopped, jolting her and the president, who was behind her, to a halt before they steadied themselves and continued climbing up the metal steps. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomb ...

I didn't think of it at the time because I was too busy working to save millions of lives. That is the saving and stopping of these wars. But later I realized that the United Nations wasn't there for us.They were there. I thought of it really after the fact. Not during not during these negotiations, which were not easy.That being the case, what is the purpose of the United Nations. The U.N. has such tremendous potential. I've always said it.It has such tremendous, tremendous potential. But it's not even com ...

Welcome to the program. So we've got a range of topics to work through. First of all, given the Federal Reserve and Chair Jay Powell is in focus later on this afternoon, a man who, of course, you know well, we'd love your reaction to the latest pressure on the Federal Reserve and the daylight, the division within the committee right now and the daylight between the Governor Meyer and coming out of the White House and everybody else.David, what's your reaction to that as it builds through the summer and as w ...

Market Trends & Lumber Prices - Lumber futures have decreased by 24% since August [1] - The decline in lumber prices historically signals a potential slowdown in the US housing market [2] - Lumber producers hope lower interest rates will revive home building and remodeling markets [2] Housing Market & Construction - Builders are scaling back new construction due to excess inventory and economic uncertainty [2] - Depressed new home buying activity is attributed to affordability challenges [2] - Supply is outpacing demand, leading builders to likely cut back on delivering new homes [2] Potential Recovery - A potential drop in mortgage rates could spur a rise in demand and new construction [3] - Increased demand and new construction could stabilize lumber prices [3]