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Markets Should Be Worried About US Budget Deficit, Millstein Says
Bloomberg Television· 2025-10-02 16:02
It's split programming, though, because at the same time that these issues are being debated, that might. Johnson Speaker Johnson is going on media saying that it's the Democrats fault. You also have Caroline Leavitt, the White House press secretary, going on Fox, literally at the same time saying that they're going to look at across the board layoffs, that the White House is using this as an excuse to fire people.Usually when these moments of tensions, when government shutdowns happen, people are just like ...
US Employers Scale Back Hiring, Job Cut Announcements in September
Bloomberg Television· 2025-10-02 15:48
Mike, as you know, we've got a low confidence consumer, but we've got a high confidence investor. And we're seeing companies or at least investors in companies get excited about the prospect of growth in 2026. Now, you'd expect that to correspond with hiring intentions, Mike.And I just wonder whether the economic data is contradicting that message. Well, the data we're getting so far suggests that it is in the sense that companies just aren't hiring Challenger, Gray and Christmas with their job cuts. Announ ...
Trump's Family Makes a Deposit With Citigroup
Bloomberg Television· 2025-10-02 15:34
For years, President Trump's money was getting shunned by all the major banks in the US. Now his wealth has found a new home city. Bloomberg sources reveal that President Trump's son Eric established a trust at the bank that holds some of the president's money.For more, we're joined now by Bloomberg banking reporter Todd Gillespie. Todd, first of all, fantastic story, but what exactly is the arrangement that Eric has found with Citibank. Yeah, thanks, Danny.I mean, so what we do know is that since the elect ...
Tesla sales surge to record on rush to snag US tax credit #shorts #tesla #musk #tax
Bloomberg Television· 2025-10-02 14:20
It's a massive beat. Almost 500,000 vehicles in the quarter. Consensus was 440.This is an important moment in time because it's the breadandbut business. And remember, on November 6th, shareholders will vote on a compensation package that has a mandatory requirement for Elon Musk to deliver 20 million vehicles over a 10-year term. It is a massive beat.What I kept hearing from sources inside the company all quarter along was, "Hey, have you seen the advertising that we've been doing on YouTube, on Instagram? ...
Tesla Sales Surge Just Before US Tax Credit Expires
Bloomberg Television· 2025-10-02 13:48
The Tesla numbers now just hitting the tape. Here to break it down with us is Bloomberg Tech co-host Ed Ludlow. Ed, what are you seeing.Yeah, it's a massive B, almost 500,000 vehicles. And of course, the consensus was 440. This is an important moment in time because it's the bread and butter business.And remember, on November six, shareholders will vote on a compensation package that has a mandatory requirement for Elon Musk to deliver 20 million vehicles over a ten year term. It is a massive B. What I kept ...
US Government Shutdown: How Long Will It Last?
Bloomberg Television· 2025-10-02 13:14
Now that we're closed, can you see across the valley. Oh, this being reopened. I can.I always could, because I never. Well, first of all, we're in such an odd position where the Republicans actually have some moral high ground on the government shutdown, which I've never seen in my life. And I've been here a while, and where Democrats are in a more awkward position than they generally are, to be fair, because funding the government is not that hard generally for Democrats to do.But but we have the Trump fac ...
OpenAI Valuation Soars to $500B; US Government Shutdown Continues | Bloomberg Brief 10/2/2025
Bloomberg Television· 2025-10-02 11:13
VONNIE: GOOD MORNING, HERE'S WHAT YOU NEED TO KNOW. SKYHIGH VALUATION. OPENAI BECOMES THE MOST VALUABLE START UP AT $500 BILLION, SURGING PAST SPACEX.TECH OPTIMISM IN GENERAL, MARKETS SHRUGGING OFF YOUR SHUTDOWN CONCERNS AS TECH DRIVE STOCKS TO FRESH HIGHS. IN THE WHITE HOUSE PLANS TO FILE FEDERAL WORKER THIS WEEK OF THE GOVERNMENT SHUTS DOWN INTO A SECOND DAY. LET'S TAKE A LOOK AT THOSE MARKETS BECAUSE SURE, NEGATIVE JOB SPRINGS IN THE PRIVATE SPHERE WERE NOT LIKELY TO GET INITIAL JOBLESS CLAIMS TODAY NOR ...
US Government Shutdown Continues; Gaza Flotilla Intercepted | Horizons Middle East & Africa 10/2/25
Bloomberg Television· 2025-10-02 09:57
JENNIFER: THIS IS HORIZONS MIDDLE EAST & AFRICA. OUR TOP STORIES IS MORNING. ASIAN STOCKS GAIN FOLLOWING A GLOBAL RALLY AS TRADERS LOOK PACKS THE POLITICAL IMPASSE IN WASHINGTON.THE WHITE HOUSE PLANS TO DISMISS FEDERAL WORKERS SAYING LAYOFFS WOULD HAPPEN IMMINENTLY. PRESIDENT TRUMP SAID HE WILL PRESS CHINA TO RESTART SOYBEAN PURCHASES WHEN HE MEETS XI JINPING LATER THIS MONTH. AND BLOOMBERG HAS LEARNED HOW MOSS IS BEING PRESSED BY ARAB AND MUSLIM LEADERS TO ACCEPT TRUMP'S PLAN.WE ARE LIVE IN JERUSALEM WITH ...
So What If Tech Stocks Are in a Bubble?: 3-Minute MLIV
Bloomberg Television· 2025-10-02 09:01
This morning. It seems that markets globally in defiance of any kind of U.S. shutdown wobble. Let us bring into the conversation pulled off and our executive editor for Asia markets and the move.Things have been quite positive through the Asia session, perhaps driven by some of the technology news as well. Record stock rally, extending them. Paul, what's to worry about.Nothing, it appears. Hi there. Good morning, Anna.Well, the biggest worry is are we in a bubble. And if we are in a bubble, what do you do a ...
Would you wear a suit that zaps you with electricity?
Bloomberg Television· 2025-10-02 09:00
If you could wear a suit that promised to supercharge your workouts, getting you fitter and stronger in just 20 minutes a day, would you buy it. What if I told you it worked by zapping your muscles with electricity until you can barely move. That's the promise of the Catalyst Gen 4 training system.It's a $3,000 stimuit that uses the same electro muscle stimulation that physical therapists use. I tried it while recovering from some injuries, and it worked. I gained muscle, I lost weight, and it even helped m ...