on day one we will end inflation and make america affordable again mr president to what extent are american financial situation i don't think about american financial situation i don't think about anybody he doesn't think about americans financial situations in the pantheon of presidential gaffes this is a big one and there's a narrative i've told you where people say oh trump gets away with he's a big one and there's a lot crashed to the worst second term approval of any president since we've been measurin ...

>> THIS IS BALANCE OF POWER, LIVE FROM WASHINGTON,. >> THE AYES ARE 54. THE NAMES ARE 45.THE NOMINATION IS CONFIRMED. >> THE FED'S NEW CHAIR KEVIN WARSH IS CONFIRMED BY THE SENATE AS THE NEXT CHAIR OF THE FEDERAL RESERVE, INHERITING NO SHORTAGE OF CHALLENGES. THE STRAIT OF HORMUZ REMAINS BLOCKED AND PRESIDENT TRUMP HAS MADE IT CLEAR HE WANTS RATE CUTS.SUMMIT SET TO BEGIN. PRESIDENT TRUMP AND CHINA'S XI JINPING SET TO MEET. THE TWO ECONOMIES LOOKING TO STABILIZE TIES AS THE WAR IN IRAN LOOMS OVER THE TALKS.W ...

Uh Justin, I I will admit to our viewers, I'm the news guy here. You're the economist, but you just broke an important piece of economic news to me moments ago. Uh so I'm not going to take the credit for it.Tell us what just happened. All right. Uh so Kevin Walsh was just uh just got through Senate confirmation as our next Fed chair.Uh he got through easily uh party line vote with of course Fedman voting as a Republican as as he often does. Yes. John Bman of Pennsylvania, very confusing fellow, was a progre ...

Gold held a decline as a resurgence in US inflation reinforced bets the Federal Reserve will keep interest rates higher for longer https://t.co/mSL9cou3cD ...

>> THIS IS THE CLOSE. ROMAINE: THE HOTTEST INFLATION IN FOUR YEARS IS NOT ENOUGH TO CLOSE THE HOTTEST TECH RALLY IN A GENERATION. LIVE FROM STUDIO 2 AT BLOOMBERG HEADQUARTERS, I AM ROMAINE BOSTICK. KATIE: WE ARE KICKING OFF UNTIL A CLOSING BELL IN THE U.S. YOU LOOK AT THE S&P 500, HIGHER BY 0.6%. IT IS BIG TECH THAT IS POWERING THOSE GAINS. THE NASDAQ 100 HIGHER BY 1%. WE GET CISCO EARNINGS AFTER THE BELL. THEN YOU LOOK HERE, MORE GOOD NEWS WHEN IT COMES TO THE CROSS ATLAS LANDSCAPE. BRENT CRUDE OIL LOWER B ...

Brazil’s government announced additional fuel subsidies to cushion the impact of the Iran war on inflation and help support President Luiz Inacio Lula da Silva’s popularity ahead of this year’s election https://t.co/FaJu1fHRSf ...

>> THIS IS BLOOMBERG BUSINESSWEEK DAILY, REPORTING FROM THE GLOBAL MAGAZINE WITH INSIGHT ON THE COUNTRIES 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, LIVE ON BLOOMBERG RADIO, TELEVISION, YOUTUBE, AND BLOOMBERG ORIGINALS.CAROL: GOOD AFTERNOON, EVERYBODY. CAROL MASSAR, TIM STENOVEC COME UP WITH YOU FROM NEW YORK CITY. IT IS WEDNESDAY, MAY 13.A CONFIRMATION VOTE ON KEVIN WARSH AS THE NEX ...

Right now, prediction markets say there's a 30% chance that the Fed will have to hike rates because of the inflation numbers that have been coming in. I'm going to tell you that when I get numbers from the government on inflation, I don't believe them. First of all, we didn't even get data during the government shutdown and we seem to be fine.Every time we get job data, they quietly revise it down by a few, you know, million jobs at the end of the year while nobody's looking. And we all know that the way th ...

Exclusive: Boston Fed President Susan Collins flagged the possibility that the central bank might need to raise interest rates if inflation pressures broaden in coming months. https://t.co/R5cEILS8ue ...

TAKING A LOOK AT THE CURRENT YEAR END FED TARGET RATE PROBABILITIES FROM CME FED WATCH, THE MARKET SEEMS TO AGREE. GIVING JUST A 1% CHANCE OF A CUT. A 35% ODDS FOR A HIKE.JOINING US HERE ON SET JEFF ROSENBERG. BLACKROCK SYSTEMIC FIXED INCOME PORTFOLIO. JEFF GREAT TO HAVE YOU WITH US. >> GREAT TO BE HERE.>> SHE ALSO SEEMED TO TO SAY YOU KNOW, SHE COULD SEE THE NEXT MOVE, A SCENARIO IN WHICH THE NEXT MOVE WILL BE A HIKE AND THAT INFLATION WILL LIKELY REMAIN HIGHER FOR LONGER. DO YOU AGREE WITH THAT. AND HOW D ...