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Leave Mamdani's Religion Out of NYC Mayor Race, London's Sadiq Khan Says
Bloomberg Television· 2025-11-03 19:59
City Leadership & Global Role - The role of mayor in global cities like London and New York carries significant global responsibility, requiring leaders to address both local constituents and the world stage [8][9] - Being a progressive, liberal, and multicultural city is the reason why some people hate London and New York [3] Identity & Representation - The speaker emphasizes that a candidate's policies and vision are more important than their religious identity, suggesting that criticisms based on ethnicity and faith reflect more on the critics [3][4] - The speaker addresses potential prejudice against Muslims, aiming to dispel misconceptions and highlight shared ambitions [10][11][12] - The speaker acknowledges that a small minority who claim to follow the Muslim religion offer some bad stuff that doesn't represent the more than 2 billion people in this planet who are Muslims [13] Economic & Social Concerns - The speaker recognizes the importance of working with the private sector and all Londoners to create wealth and jobs [16] - The speaker acknowledges the existence of underserved regions and unfairness within cities, emphasizing the need to address the cost of living crisis and provide social housing [7][15] Political Strategy & Authenticity - Authenticity is crucial for leaders in cities like New York and London [8] - The speaker did not campaign to be a muslim mayor [9]
Shutdown Hits Critical Moment | Balance of Power 11/3/2025
Bloomberg Television· 2025-11-03 19:44
Live from Washington, D. C. This is balance of power with Joe Matthew.She will fund food stamps during the shutdown, at least some of them. Welcome to the Monday edition of Balance of Power on Bloomberg TV and Radio, as the White House now says it will partially fund SNAP benefits after being compelled by two federal judges. We'll get the latest on this day.34 of the government shutdown from Tyler Kendall at the White House will discuss with Republican Congressman Mike Lawlor of New York. And we'll have ins ...
Fed Should ‘Keep an Open Mind’ on Rates for December, Daly Says
Bloomberg Television· 2025-11-03 19:06
Let me start with I did agree with the decision. I thought it was appropriate to take another bit off the policy rate. We have an economy that has been remarkably resilient, really weathered so many different things, and still consumers continue to spend.Businesses continue to invest. We continue to have good growth, but we still have inflation printing above our 2% target. And we need to get that down is gradually coming down, but is still too high.And importantly, we have a labour market that relative to ...
Will the Fed Follow GDP or Jobs Data?  | Presented by CME Group
Bloomberg Television· 2025-11-03 17:35
[Music] Recent US GDP data still shows strong growth, but labor figures point to a cooling job market. The key question, which signal wins out. Will growth slow to match weaker employment, or will hiring rebound to meet GDP strength.For my view, the Fed puts more weight on jobs than GDP. Maximum employment is one of its dual mandates alongside price stability while GDP is not. That means policy adjustments will hinge more on labor data and soft jobs numbers could drag growth lower.With the government shutdo ...
Uncertainty Dominates Global Rate Path | Presented by CME Group
Bloomberg Television· 2025-11-03 17:15
The Fed, as expected, cut rates by a quarter% and even with Jerome Powell saying that further rate cuts are not a foregone conclusion, the market is still pricing in a high probability of a cut in December. Powell reiterated signs of a slowing labor market and continued pressure on consumer prices as inflation has moved up since earlier in the year. The Bank of Japan kept interest rates steady amid a period of possible rate hikes as the country's new prime minister said the Japanese economy has so far weath ...
US Dollar ‘A Lot More Stable’ Moving Forward, Says Rabobank’s Jane Foley
Bloomberg Television· 2025-11-03 16:55
Jane Foley of Rabobank writing, We have not been forecasting a continued slide in the dollar's value next year. Jane joins us now for more. Jane, welcome back.Only six months ago we were talking about sell America. The dollar trade is over. A dollar bear market is upon us.And you and I talked about this so much. If that was the first half, the first quarter of 25, would you expect 26 Will. Well.Well, you know, that's a really good question, because I think many people are still surprised that if you look at ...
US Talks Cement China as 'Equal Partner': Beijing Adviser
Bloomberg Television· 2025-11-03 16:54
I think among all the meetings between the two leaders, this one is perhaps the most important, a really historical why I think fundamentally the most important progress for both sides is for the US to recognize China as equal peer, as the equal partner to talk about things. So in fact, President Trump used the phrase of G2, which was used by President Obama many years ago. So this is a big, big progress.That means two implications. Okay. Number one, there will be bigger talks not only on trade, but also on ...
Kimberly-Clark Buying Tylenol Maker Kenvue in $40 Billion Deal
Bloomberg Television· 2025-11-03 16:18
It was a company that J&J didn't have success with, so they spun it off. It didn't work as a spin off, even with all of the activist investors circling around it. Why should its fate be any different with Kimberly-Clark.Yeah, that's a good question. I mean, this is this whole consumer health area is one where we've seen a huge amount of activity in recent years with a bunch of big pure play pharma companies like like Johnson and Johnson getting out of the air out of this area. We've seen it also with compan ...
Microsoft to Buy AI Computing Power From IREN for $9.7 Billion
Bloomberg Television· 2025-11-03 16:15
Because there's Microsoft as well today inking a deal with another cloud provider and bringing Dell into that deal as well. What's that in video. And of course, when you take old parsley back to in video, which is supply the GPU used for all of this sort of cloud computing.But what's interesting here is Ivan is an Australian company but actually has significant run. That's how we're going to say it amongst friends. Cool.That's fair. That's fair. Send in notes if you know any different.But I run is saying th ...
Microsoft to Invest in Data Centers, Chips in UAE
Bloomberg Television· 2025-11-03 16:06
But it's really good to be chatting to you here in Abu Dhabi. But also some big figures were announced by Microsoft. Microsoft, a cumulative 5.2% billion worth of investments in the UAE between the start of 2023 and anticipated by the end of the decade.It is a substantial stock. What is the opportunity you're saying here. Well, the opportunity is to really invest in this country.This is not money we're raising here. It's money we're investing in spending here. And we really see the future of the UAE as a fu ...