Tell us a little bit more. I mean, I feel like this is something she said or is this a serious proposal. So this is a proposal that she had brought up during a budget hearing yesterday.And Chicago is in the midst of its budget season And at the start of her talk related to her particular department, she talked about how she wanted to cease the direct purchases of treasuries just in terms of the facts. The city of Chicago, the portfolio doesn't actually include any direct purchases of treasuries currently. T ...

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Tyler Kendall discuss the reopening of the US federal government. On today's show, Democratic Congressman Brad Sherman of California, Stonecourt Capital Partner Rick Davis, Bellwether Government Affairs CEO Arshi Siddiqui and former US Deputy Assistant Secretary of Defense for Russia, Ukraine and Eurasia Laura Cooper. Chapters: 00:00:00 - Balance of Power: Early Edition Starts 00:04:56 - Laura Davison on Shutdown E ...

Chuck, I do not apologize for this next question. Are we or are we not in an AI bubble. >> Oh, it's just it's so funny.Um, look, the customers that are buying the predominant amount of this technology, have incredible balance sheets, have incredible cash flow, have incredible profitability. I think Caroline said it. They they actually pay their bills and uh and so and they view it as an existential issue for them.That that's that's a really key element. They don't view this as something that's nice to have. ...

The context is so interesting here because this feels a real about face. Why would now be the right time for two companies to work together. Yeah, this is absolutely a huge reversal for Tesla.There's two things going on here. One, as we've discussed on this show many times as well, sales have not been as far as they have been in years prior. There are a lot of new EV players.There's a lot of pressure on the company, particularly in China, to up its sales game. We saw some executives leaving earlier this yea ...

We're joined by Mike Wilson, chief U.S. equity strategist at Morgan Stanley. Really great to have you with us on this first day after the government shut down. Mike, now that it's over, now what.Good morning. Good morning, Nathan. Yeah.Well, I think most people probably won't feel the effects. I'm sure the government employees are happy to get back to work. And look, I think from our standpoint, from a market standpoint, I mean, this is the longer that this kind of, you know, lagged into the holidays, it de ...

OF POWER HOW LIKELY IT IS WE WILL SHUT DOWN AGAIN AND COULD JANUARY, AND SHE GAVE IT A 50/50 CHANCE. MATT: PRESIDENT TRUMP SAYS THE DEMOCRATS HAVE BEEN USING THESE EPSTEIN EMAILS TO DISTRACT THE AMERICAN PUBLIC FROM THE SHUTDOWN THEY CREATED, THAT IS HIS ACCUSATION. I WONDER WHAT WE ARE GOING TO GET IN TERMS OF ACTUAL FILE RELEASES.THERE IS ANOTHER REPRESENTATIVE FINALLY SWORN IN YESTERDAY, SHE ADDED HER SIGNATURE I GUESS TO A DOCUMENT THAT IS GOING TO PUSH THE RELEASE OF THE EPSTEIN FILES TOWARD THE SENATE ...

In the year 2000, Cisco was one of the original four horsemen of technology. Based on the numbers you gave and what you said on the call. Do you feel like customers, the new ones and investors now understand Cisco's place in this new era.But first of all, thanks for having me. And, you know, I'm super proud of what the teams have accomplished. We had a record quarter and set ourselves up for what's likely going to be the best year we've ever had.So it was a it was just a great performance. And as I've been ...

43 days is how long it took, But we'll start to get back to normal starting today. But as I mentioned separately in a conversation earlier this morning, this is a huge cargo plane, the ship liner, if you will, that we're turning around so some things won't resume. Caroline Leavitt, the White House press secretary, yesterday cast doubt on the ability for some of the economic data from October to be released.There is optimism for September data to be released quite quickly. Sean Duffy, the Transportation secr ...

Terrorism & Security Concerns - Indian government declares Delhi car explosion as an act of terrorism, increasing pressure on Prime Minister Modi to respond [1] - The explosion resulted in at least 8 fatalities near the Red Fort, causing public anxiety [1] - This incident follows a previous militant attack in Kashmir that killed 26 civilians, escalating tensions with Pakistan [2] - Modi's government previously announced a policy treating any act of terrorism on Indian soil as an act of war [2] Political & Geopolitical Implications - The declaration of terrorism raises questions about the Modi government's response, given his tough stance on terrorism [2][3] - Investigation focuses on a locally based group linked to a planned plot in a Delhi suburb [3] - Public pressure is likely to intensify for a forceful response, especially with no clear culprit identified [3]

Employment Data & Reporting - September jobs report is expected to be released next week [1] - October employment report will be partially available, with payroll site data calculable but household survey incomplete [1] - October unemployment rate will not be known [1] Employee Matters - Essential employees were brought back early to ensure furloughed employees received their checks promptly [2] - Aggressive efforts were made to expedite check delivery to employees [2]