France’s economy will sustain steady growth at the start of the year, unchecked by persistent geopolitical risks and uncertainty, the central bank said https://t.co/vGrxYkjNgf ...

The countdown is on. Everything you need to get the edge at the end of the market day. Live from Studio two at Bloomberg headquarters in New York, I'm Katie Greenfield and standing next to me.Hello, Scarlet Fu. Hello. It's an it it's not even an ETF like you did, not even a monday.All right. We're kicking you off to the closing bell here in the US on this Tuesday with stocks mixed Right now, you do have the S&P 500 lower by a 10th of 1%, but we're still pretty much near record highs in terms of the gainers ...

Core Viewpoint - President Trump has nominated Kevin Warsh as the new Fed chair, expressing a desire for an ambitious economic growth rate of 15%, which is rarely achieved outside of wartime [1][8]. Economic Growth Metrics - The president did not clarify the specific metric or timeframe for the 15% growth target, but typically, economic growth is measured as the inflation-adjusted annual rate of GDP growth [2]. - Historically, real GDP growth averages between 2%-3% annually, with double-digit growth occurring only in extreme situations, such as post-catastrophe recoveries [3]. Historical Context - The last instance of GDP growth reaching Trump's predicted level was during the reopening of businesses after COVID-19 restrictions, while the last year with growth exceeding 15% was 1943, during World War II [4]. Fed's Role and Challenges - As Fed chair, Warsh will have the ability to influence the economy through the fed funds rate, which impacts borrowing costs; however, his influence is limited as he is one of 12 voting members [7]. - The Fed can stimulate economic growth by lowering interest rates, but it must also manage its mandate to control inflation, which remains above the Fed's 2% target [6][8].

🚨BREAKING: US CONSUMER SPENDING SLOWS AS DECEMBER RETAIL SALES MISS EXPECTATIONSDelayed Commerce Department data released today showed December retail sales were unchanged at $735B, well below the 0.4% growth economists expected.Sales fell across autos, furniture, electronics, and clothing, categories hit hard by tariffs in 2025. Year over year growth slowed to 2.4%, below December's 2.7% CPI.Full year 2025 retail sales were still up 3.7%, though economists note growth was heavily driven by higher-income co ...

President Trump suggested in an interview with Fox's Larry Cuddlo uh that the economy could be growing at 15% under the leadership of Kevin Worsh if he is confirmed as Fed chair congressman. Do you buy 15% GDP growth in the United States of America. >> Well, wouldn't we all love to see it.But I think we got a ton of run room in front of us. The underlying economy in the United States is strong. If we continue to work to remove the burdens that have been put in place through red tape, through high regulation ...

>> THIS IS BLOOMBERG BUSINESSWEEK DAILY, REPORTING FROM THE MAGAZINE THAT HELPS GLOBAL LEADERS TO STAY AHEAD WITH INSIGHT ON THE PEOPLE, COMPANIES, AND TRENDS SHAPING TODAY'S COMPLEX ECONOMY. PLUS GLOBAL BUSINESS, FINANCE, AND TECH NEWS AS IT HAPPENS. BLOOMBERG BUSINESSWEEK DAILY WITH CAROL MASSAR AND TIM STENOVEC ON BLOOMBERG RADIO, TELEVISION, YOUTUBE, AND BLOOMBERG ORIGINALS.KAILEY: VERY GOOD AFTERNOON. THIS IS BLOOMBERG BUSINESSWEEK DAILY. CAROL MASSAR AND TIM STENOVEC.IT IS -- S&P 500 BRIEFLY HITTING A ...

JUST IN: 🇺🇸 President Trump says the US economy "should grow 15% or 20%." https://t.co/b4CR6Oc1Ka ...

>> LIVE FROM WASHINGTON, D. C. , THIS IS BALANCE AND POWER WITH JOE MATTHEWS AND KAILEY LEINZ.>> FOUR DAYS UNTIL THE DEPARTMENT OF HOMELAND SECURITY RUNS OUT OF MONEY. WELCOME TO THE TUESDAY EDITION OF BALANCE OF POWER. WITH NO DEAL INSIGHT ON ICE RESTRICTIONS EVEN AS LAWMAKERS HEAR TESTIMONY FROM THE HEADS OF ICE AND CUSTOMS ENFORCEMENT IN THEIR FIRST HEARING SINCE THE TWO FATAL SHOOTINGS IN MINNEAPOLIS.I'M JOE MATHIEU ALONGSIDE KAILEY LEINZ IN WASHINGTON. YES, KAYLEE IS BACK AFTER SIX MONTHS AND WE ARE ST ...

Economic Outlook - The U.S. economy is estimated to have expanded at an annual rate of 3.7% in the fourth quarter, according to the Federal Reserve Bank of Atlanta [3] - Fed officials forecast a gross national product growth of 2.3% for this year, following a 1.7% gain in 2025 [3] Interest Rate Policy - Policymakers have reduced the main interest rate three times in the final months of 2025 to support the labor market, despite inflation remaining above the 2% target [4] - Cleveland Fed President Beth Hammack noted a brightening economic outlook, with encouraging growth readings and a stabilized labor market [4] Consumer Spending and Retail Sales - Economic activity has rebounded strongly, supported by robust consumer spending and business investment, with third quarter real GDP growth estimated at 4.4% [5] - Retail sales were unexpectedly flat in December, indicating a downbeat mood among consumers, with declines reported in several retail categories [5] - The pace of spending growth in the second half of 2025 appears unsustainable due to slowing growth in real incomes and weakness in the labor market [5]

All right, let's talk a little bit more about kind of where the money is being spent in the economy right now. The market, of course, this week is awaiting key data on payrolls and inflation. Based on what you're seeing in terms of your 68 million consumer customers and 3 million businesses that you serve, do you think we're at an inflection point in either of those key data points.>> Look, I I see that there's a lot of talk about the retail sales number for December. It's midFebruary. Let me tell you that ...