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Summers Says Trump Tariffs Put Fed in a Tough Spot
8:22
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Bloomberg Television
Summers Says Trump Tariffs Put Fed in a Tough Spot
Lawrence H. Summers, former US Treasury Secretary and Wall Street Week contributor, says the timing of President Donald Trump's tariffs announcement is bizarre since it's scheduled to happen right when the US markets are closing. Summers talks about the short term impacts of tariffs and says the Federal Reserve is now going to be a in difficult position. He speaks to Bloomberg's David Westin. -------- 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
Published Apr 2, 2025
Trump Tells Insiders Musk Will Leave Role at DOGE Soon: Politico
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Bloomberg Television
Trump Tells Insiders Musk Will Leave Role at DOGE Soon: Politico
President Donald Trump has told his inner circle that Elon Musk will be stepping back from his advisory role leading the Department of Government Efficiency in the coming weeks, Politico reports, citing three people close to the president. Politico says Musk would then taken on a supporting role. Bloomberg's Kailey Leinz reports. -------- 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
Published Apr 2, 2025
Market Anxiety Runs High Before Tariffs | Bloomberg Open Interest
1:29:36
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Bloomberg Television
Market Anxiety Runs High Before Tariffs | Bloomberg Open Interest
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Final deliberations over Trump's tariffs come down to the wire and China is already taking action.. Beijing is said to be restricting local companies from investing in the US; Tesla sales drop to the lowest since 2022 amid Musk backlash. Stefan Selig, the Former Under Secretary of Commerce for International Trade under Obama joins to discuss what kind of market volatility is in store and FreightWaves CEO Craig Fuller weighs in on the trade war impact on the global freight market. Chapters: 00:00:00 - Open Interest 00:03:22 - Trump Tariff Plans Still in Limbo 00:06:13 - Tesla Shares Drop after Deliveries Miss 00:09:23 - Tesla Stock | Pierre Ferragu, New Street Research 00:16:37 - Pharma Industry Braces for Tariffs 00:20:02 - Walmart Keeps Price Pressure on Suppliers | Joe Feldman, Telsey 00:26:58 - “Reciprocal” Tariff Plan | Nimrit Kang, Northstar 00:32:49 - US Equities Slip as Trump Tariffs Loom 00:35:04 - TOP CALLS | United Airlines downgraded 00:35:57 - Automakers Weigh Tariff Options | Daniel Roeska, Bernstein 00:42:04 - Newsmax Shares Retreat After IPO Rally 00:50:00 - Are Tariffs Worth it?| Stefan Selig, former Under Secretary of Commerce for International Trade 00:53:25 - Trump’s Tariff Plan 00:59:45 - HIGH INTEREST | Eric Adams' Corruption Charges Dismissed 01:01:07 - Wall Street Beat | Volatile March for Hedge Funds like Millenium, Citadel 01:05:50 - SOCIAL CLIMBERS|Hims & Hers Health to sell Zepbound 01:08:34 - How Tariffs will hit the Logistics and Freight Industry| Craig Fuller Freightwaves CEO 01:21:37 - TikTok’s Future in the US 01:26:16 - US Stocks Edging Higher -------- 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
Published Apr 2, 2025
Trump's tariffs: winners, losers and who foots the bill #politics #shorts
1:56
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Bloomberg Television
Trump's tariffs: winners, losers and who foots the bill #politics #shorts
What is President Donald Trump actually trying to do with tariffs? If all his tariff threats are realized, it would represent the most significant protectionist shift in more than a century and push the world’s biggest economy into uncharted territory. Nicole Sy explains how the import taxes work https://t.co/KLZWAcsyW0 Track Trump's tariffs here: https://www.bloomberg.com/graphics/trump-tariffs-tracker/ 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/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 2, 2025
Amazon Said to Put in Bid to Buy TikTok's US Operations: NYT
4:17
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Bloomberg Television
Amazon Said to Put in Bid to Buy TikTok's US Operations: NYT
Amazon shares rose after the NY Times reported that the e-commerce giant made a last-minute offer to buy TikTok in US. Caroline Hyde has more. Sign up for the Bloomberg Deals newsletter for the latest news and analysis on M&As, IPOs, PE deals, startup investing and everything in between. Exclusively for Bloomberg.com subscribers: https://bloom.bg/44ZGA4x -------- 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
Published Apr 2, 2025
Newsmax’s Value Cut in Half After 2,230% Surge Loses Momentum
4:02
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Bloomberg Television
Newsmax’s Value Cut in Half After 2,230% Surge Loses Momentum
Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market. Subscribe here: https://link.podtrac.com/h0zn7xir • Schwab (SCHW) rose in premarket trading after Citigroup raised the recommendation on the financial services firm to buy from neutral. Analyst Chris Allen wrote in a note, “For most names, we have reduced our earnings estimates due to market-driven and/or capital markets revisions. Schwab was the exception where improving new net assets trends, better-than-expected trading and capital return outlook provided an offset." • Newsmax (NMAX) shares are retreating on the heels of its blinding IPO rally which saw shares surge 2,230% since its debut earlier this week. The stock soared nearly 180% to close at $233 on Tuesday, building on a 735% surge in its debut session which saw the shares halted multiple times. • Hims & Hers Health (HIMS) shares rose Tuesday after it said it was broadening its weight-loss offerings, adding access to brand name shots like Zepbound after previously focusing on cheaper versions made by compounding pharmacies. Eli Lilly (LLY) notes that it doesn't have any affiliation with the telehealth platform, adding that its weight-loss drug Zepbound, or tirzepatide, can be prescribed by "any licensed healthcare professional." • Trump Media & Technology Group (DJT) slumped in pre-market trading after the company filed on April 1 to register up to 142.5 million shares and warrants for sale. The company subsequently released the following statement in response to "inaccurate stories" about its filing of a registration statement on form S-3 with the US Securities and Exchange Commission: "Legacy media outlets are spreading a fake story suggesting that a TMTG filing today is paving the way for the Trump trust to sell its shares in TMTG. To be clear, these shares were already registered last June on an S-1 form, and today TMTG submitted a routine filing that re-registers them on an S-3 form in order to keep the Company's filings effective. In fact, there currently is no open window for any affiliate to sell shares." -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Published Apr 2, 2025