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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Joseph Lavorgna, SMBC Nikko Securities Chief US Economist discusses Moody's downgrading the United States to a AA1 credit rating from a triple A. Rep. Raja Krishnamoorthi (D) Illinois, explains how the proposed tax bill is adding to this downgrade. Rep. Tim Burchett (R) Tennessee weighs in on Moody's downgrading the United States over increase in government debt and agrees with Moody's over concerns with the proposed tax bill. Chapters: 00:00:00 - Balance of Power Begins 00:01:51 - Bloomberg’s Romaine Bostick on Asset Impact From Moody’s Downgrading United States Credit Rating to AA1 From AAA 00:03:20 - Bloomberg’s Michael McKee on What’s Happened From When Moody’s Changed US Outlook to Negative to Today’s Ratings Cut 00:06:15 - Joseph Lavorgna, SMBC Nikko Securities Chief US Economist, On Reaction to Moody’s Downgrade, GOP Tax Bill 00:15:36 - Bloomberg’s Jack Fitzpatrick on How Moody’s Downgrade Fuels Conservative Congress Members to Hold Up Tax Bill 00:17:49 - Rep. Raja Krishnamoorthi (D) Illinois, on Significance Of Moody’s Ratings Cut, View on Pres. Trump’s Middle East Trip 00:25:41 - Bloomberg’s Sara Forden on the Impact of SCOTUS Ruling Blocking Trump’s Deportation of Venezuelan Migrants 00:28:25 - Bloomberg’s Romaine Bostick on Market Update After Moody’s United States Downgrade 00:32:21 - Rep. Tim Burchett (R) Tennessee on Moody’s Downgrade, Tax Bill Progress, How Pres. Trump Might Help, SALT Cap Latest 00:41:19 - Political Panel on Reaction to US Ratings Cut to AA1 From AAA By Moody’s, Is Tax Bill Progress In Jeopardy, Speaker Johnson’s Options -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Rep. Tim Burchett (R) Tennessee weighs in on Moody's downgrading the United States over increase in government debt and agrees with Moody's over concerns with the proposed tax bill. Rep. Burchett talks about why some members of Congress won't support this bill, how President Trump will help, and his view on the SALT cap. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

China’s Gen Z is going on a shopping spree and it's fueling an unusual stock boom. They’re spending on everything from toys to bubble tea — emotional consumption, as some call it. But is this enough to spur China’s economy? -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

This week, former US Treasury Secretary Lawrence H. Summers and Hoover Institution's Elizabeth Economy discuss the US pivot on trade dealings with China. Plus, a look at Sweden’s vibrant capital markets and Nasdaq's role in its innovation ecosystem. Later, US Army Secretary Driscoll joins us with the administration's approach to a decades-long spending challenge at the Pentagon. Chapters: 00:00:00 - US-China Relations 00:10:46 - Nasdaq in Sweden 00:24:00 - Sweden's capital market blueprint 00:35:26 - US Army Sec. Driscoll 00:47:50 - PBS Extra: KKR's Henry McVey -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BMO Private Wealth Chief Market Strategist Carol Schleif, JPMorgan US Inflation Strategy Head Phoebe White, Seaport Research Partners Senior Analyst David Joyce, Bogg Bag Founder and CEO Kim Vaccarella, American Century Investments Multi-Asset Strategies CIO Richard Weiss, 22V Research Washington Policy Research Head Kim Wallace, PWC CTIO Matt Wood, WSL Strategic Retail CEO and Chief Shopper Wendy Liebmann, JLL Retail Advisory Services President Naveen Jaggi, Glowbar CEO and Founder Rachel Liverman Chapters: 00:03:49 - BMO’s Schleif on Consumer Sentiment 00:09:10 - JPMorgan’s White on Inflation Expectations 00:16:53 - Top Calls: Carnival, Caterpillar, Meta 00:18:42 - Seaport Research Partners’ Joyce on Netflix 00:24:14 - Bogg Bag Resumes Manufacturing in China 00:31:44 - Novo Nordic Slides on CEO Departure 00:38:14 - Weiss on Relief Rally 00:44:08 - Closing Bell 00:57:22 - 22V Research’s Wallace on GOP Hardliners Rejecting Trump Tax Bill 01:03:55 - PWC CTIO on AI Budget Increasing Due to Agentic AI 01:09:55 - Retail Earnings in Full Swing Next Week 01:16:33 - JLL’s Jaggi on Retail Space 01:24:04 - Global CEO on Providing 30 Minute, Effective, Affordable Facials -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Bloomberg's Sara Forden explains the United States Supreme Court temporarily blocking President Trump's use of the Aliens Enemies Act to justify the quick deportation of hundreds of Venezuelan migrants. Sara discusses why this case is all about due process and the impact of this ruling. She speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Rep. Raja Krishnamoorthi (D) Illinois, discusses Moody's downgrading of the United States credit rating to AA1 from a Triple A and explains how the proposed tax bill is adding to this downgrade. He also talks about if Democrats will have to work with Republicans to raise the debt ceiling, what to expect from the US Senate on the tax bill, and his views on the deals made during President Trump's visit to the Middle East. Representative Krishnamoorthi speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

An update on a story "Wall Street Week" told in November about the state of the defense industry. US Army Secretary Daniel Driscoll tells us about the Trump administration's approach to the US army’s budget, including funding more defense tech start-ups http://bloom.bg/4ksVxmd

Joseph Lavorgna, SMBC Nikko Securities Chief US Economist & Former Chief Economist of the National Economic Council, discusses Moody's downgrading the United States to a AA1 credit rating from a triple A. Lavorgna shares his thoughts on the tax bill as Moody's reasoning behind the downgrade and questions the timing of this announcement. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

"Russia is getting a little bit nervous," says Estonia Prime Minister Kristen Michal as the EU bloc cracks down on "shadow ships" filled with oil passing through its economic area. Watch the full interview with Oliver Crook here bloom.bg/3YQb8DY

How has a nation of 10 million people built one of the most dynamic capital markets in Europe? Adena Friedman speaks with us from Stockholm on Nasdaq’s presence in the Nordic country. Watch more on "Wall Street Week" at 6 p.m. ET http://bloom.bg/4ksVxmd

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the House Budget Committee's vote on Trump's tax cuts bill. On today's show, Republican Congressman Nick LaLota, Bloomberg's Laura Davison and Nick Wadhams, Former RNC Communications Director Lisa Camooso Miller, Democratic Strategist Roger Fisk, Stimson Center Senior Fellow Kelly Grieco. Chapters: 00:00:00 - Balance of Power Begins 00:01:42 - Rep. Nick LaLota (R) NY on Tax Bill, Pushing SALT Cap, Could GOP Meet in Middle, Could Senate Change Tax Bill 00:11:51 - Bloomberg’s Laura Davison on Reaction From Rep. LaLota, Trump Tax Cuts Fails in House Panel, Medicaid Cuts 00:21:01 - Political Panel on Trump Tax Cuts Fails In House as GOP Divided on Bill Cost 00:24:49 - President Trump Speaks Live On Air Force One 00:31:53 - Bloomberg’s Nick Wadhams on Turkey, US, & Ukraine Talks 00:36:31 - Kelly Grieco, Stimson Center Senior Fellow, on Significance & Impact of Ukraine & European Leaders Speaking With Trump -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

"This is clear evidence that Putin doesn't seriously want peace." UK Prime Minister Keir Starmer tells reporters the Russian president is "dragging his heels" on Ukraine peace talks https://www.bloomberg.com/news/articles/2025-05-15/ukraine-ceasefire-prospects-dim-as-calls-for-new-sanctions-grow

Dani Burger highlights the market-moving news you need to know. Today's guests: PGIM Fixed income Chief Investment Strategist and Head of Global Heads Robert Tipp, Nuveen Head Income Strategy Tony Rodriguez, BlackRock Head of Macro Credit Research Amanda Lynam, and Creditsights Global Head of Credit Strategy Winnie Cisar. Chapters: 00:00:00 - Real Yield opens 00:02:59 - Rodriguez on Chances of Recession 00:04:10 - Tipp: Sentiment Data Keeps Fed Alert 00:06:35 - Rodriguez: Don’t Expect Fiscal Discipline From Washington 00:07:28 - Tipp on Budget Discussions 00:13:13 - Lynam and Cisar on US Credit Spreads 00:15:16 - Lynam: All-In Yield Still Attractive 00:16:28 - Cisar on Credit Market Recovery 00:20:03 - Lynam on Inflation Pressures -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

After four days of crossing the middle east courting investment throughout the ultra-rich region, President Trump returns to Washington with two major issues unsettled: tariff agreements with trading partners around the world, and getting his 'one, big, beautiful' tax bill across the finish line. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

New Jersey Governor Phil Murphy — who has said he could declare a state of emergency over the strikes — used strong language when providing a status update Friday morning. The state won’t “cave” to the union’s demands and any deal will have to be fiscally responsible, Murphy said. He added that the state is ready to restart negotiations with union representatives “this second.”

Zelenskiy Stands by Plan to Meet Putin in Turkey for Talks Ukrainian President Volodymyr Zelenskiy reinforced his intention to hold direct talks with Vladimir Putin in Turkey on Thursday, even as the Russian leader offered no clarity on whether he’d show up.

After more than a year of teasing expansion plans beyond home rentals, Airbnb launched an overhauled app that’s not just for homeowners and travelers, but also for personal chefs, hair stylists, trainers and tour operators to offer their services widely. Here's what CEO Brian Chesky had to say👇 bloom.bg/4kmQAen

JPMorgan CEO Jamie Dimon acknowledged his emotions ran a little high when discussing the perils of working from home, but affirmed the case for bringing employees back to the office. https://www.bloomberg.com/news/articles/2025-05-15/jpmorgan-s-dimon-on-work-from-home-rant-i-emoted-a-little-bit

“Hopefully we’ll avoid it, but I wouldn’t take it off the table at this point.” JPMorgan CEO Jamie Dimon says a US recession remains a possibility as tariff fallout continues to buffet global economies https://www.bloomberg.com/news/articles/2025-05-15/dimon-says-recession-remains-a-possibility-amid-tariff-fallout

US President Donald Trump tells reporters he will meet with Russia's Vladimir Putin "as soon as we can set it up" https://www.bloomberg.com/news/articles/2025-05-15/ukraine-ceasefire-prospects-dim-as-calls-for-new-sanctions-grow

Dismal consumer confidence data spooks markets, putting a pause on the week's S&P 500 gains. And tariff rates are coming... President Trump says he'll set the cost of doing business with the US in coming weeks. Novo Nordisk is replacing its CEO Lars Fruergaard Jorgensen because of increasing competition for its Wegovy obesity shots and a 53% decline in its share price over the past year. Chapters: 00:00:00 - Bloomberg Open Interest 00:02:19 - Trump to Set Tariff Rates in a few Weeks | Annmarie Hordern, Bloomberg News 00:05:07 - Charter to Buy Cox for $34.5B | Michelle Davis, Bloomberg News 00:08:16 - Novo Ousts CEO | Madison Muller, Bloomberg News 00:13:53 - Charter to buy Cox | Geetha Ranganathan, Bloomberg Intelligence 00:18:17 - Sarah Hunt, Alpine Saxon Woods Chief Market Strategist 00:30:09 - Top Calls 00:31:07 - Analyst Calls for Alphabet Breakup | Gil Luria, D.A. Davidson Head of Technology Research 00:40:01 - Novo Ousts CEO | Sam Fazeli, Bloomberg Intelligence 00:45:03 - Consumer Mood Tanks | Mike McKee, Bloomberg News 00:46:43 - Joanne Hsu, University of Michigan Surveys of Consumers Director 00:56:11 - Kunal Kapoor, Morningstar CEO 01:15:32 - House Budget Deal Hits Roadblocks | Tyler Kendall, Bloomberg News 01:18:49 - Wall St Week 01:22:53 - Stock ETFs Back in Vogue | Eric Balchunas, Bloomberg Intelligence -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

New Jersey Governor Murphy spoke to the public after the NJ Transit Union walked out last night once negotiations stalled. He stated that the state will not "cave" to the union. ummary by Bloomberg AI New Jersey Transit locomotive engineers went on strike early Friday, shutting down the agency's rail service and disrupting travel for hundreds of thousands of commuters. The strike, the first in over 40 years, is a result of failed contract negotiations between NJ Transit and the Brotherhood of Locomotive Engineers and Trainmen over a wage increase, with the union seeking parity with engineers at other major US railroads. The shutdown has forced riders to find alternative modes of transportation, with buses and light-rail service continuing to operate, and officials warning of a funding crisis for transit agencies across the country. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts