Powell Says Fed Well-Positioned to Wait to Learn More

Powell Says Fed Well-Positioned to Wait to Learn More

The Federal Reserve held its benchmark interest rate in a range of 4.25%-4.5%, as they have at each of their meetings this year. Chair Jerome Powell said the US economy is in a solid position and...
June 19, 2025 at 04:45 am
Klarna Boosts 'Super-App' Ambitions With Mobile Service

Klarna Boosts 'Super-App' Ambitions With Mobile Service

Klarna CEO Sebastian Siemiatkowski discusses why the fintech startup is launching a mobile service and how the future of digital financial assistants could impact utility prices. He joins Caroline...
June 19, 2025 at 04:25 am
Dollar Anxiety Building on Wall Street

Dollar Anxiety Building on Wall Street

The Trump administration's policies, including tariff hikes, tax cuts, and pressure on the Federal Reserve, are driving investors away and contributing to the dollar's decline. Bloomberg's Carter...
June 19, 2025 at 04:15 am
Real Estate Investors Await Fed Forecast

Real Estate Investors Await Fed Forecast

The Fed is expected to hold rates steady and it will not offer any relief to real estate. Newmark President of Leasing for North America Liz Harts says after years of office, over supply and...
June 19, 2025 at 04:09 am
Altman Says Meta Offering $100M Bonuses to Poach Staff

Altman Says Meta Offering $100M Bonuses to Poach Staff

OpenAI CEO Sam Altman says Meta is offering bonuses as high as $100 million, and even larger annual compensation packages, to build out its artificial intelligence teams. Bloomberg's Jackie Davalos...
June 19, 2025 at 04:02 am
OpenAI Phases Out Work with Scale AI

OpenAI Phases Out Work with Scale AI

OpenAI is phasing out work with Scale AI, days after the data labeling service reached a deal with Meta. Bloomberg's Rachel Metz explains what's behind the shift with Caroline Hyde and Ed Ludlow on...
June 19, 2025 at 03:56 am
Fed Is in a 'Policy Purgatory,' KPMG's Swonk Says

Fed Is in a 'Policy Purgatory,' KPMG's Swonk Says

Diane Swonk, KPMG chief economist, reacts to the Federal Reserve's policy-setting Federal Open Market Committee's decision to leave rates unchanged. The FOMC voted unanimously to hold the benchmark...
June 19, 2025 at 03:51 am
Trump Weighs Options on Iran

Trump Weighs Options on Iran

Tensions are still high in the Middle East with the on going conflict between Iran and Israel. President Trump said that Iran has reached out to him to discuss deescalation. Pangaea Policy Founder...
June 19, 2025 at 03:47 am
Amazon-Backed Zoox Opens Robotaxi Plant

Amazon-Backed Zoox Opens Robotaxi Plant

Zoox CEO Aicha Evans discusses the robotaxi firm's growth plans from its new manufacturing facility in the San Francisco Bay Area. Evans joins Caroline Hyde and Ed Ludlow on Bloomberg Tech. ...
June 19, 2025 at 03:37 am
Fed Holds Rates Steady Again, Still Sees Two Cuts This Year

Fed Holds Rates Steady Again, Still Sees Two Cuts This Year

The Federal Open Market Committee voted unanimously on Wednesday to hold the benchmark federal funds rate in a range of 4.25%-4.5%, as they have at each of their meetings this year and continued to...
June 19, 2025 at 03:28 am
Stablecoin Bill Will Boost Dollar Demand:  Sacks

Stablecoin Bill Will Boost Dollar Demand: Sacks

David Sacks, White House AI and Crypto Czar and a partner at Craft Ventures, discusses the passage of the Genius Act in the Senate and how stablecoin legislation could help banks, consumers, and...
June 19, 2025 at 03:24 am
GENIUS ACT Passes Senate Vote

GENIUS ACT Passes Senate Vote

Key stablecoin legislation passed with flying colors in the US Senate. The 68-30 vote on the widely followed GENIUS ACT marks a major win for issuers of the dollar pegged cryptocurrency, aiming to...
June 19, 2025 at 02:59 am
TikTok Ban Extension Likely the Last:  McCourt

TikTok Ban Extension Likely the Last: McCourt

Frank McCourt Jr., executive chairman of McCourt Global and the founder of Project Liberty, says the group's bid to buy TikTok is the only one that meets legal requirements to keep the social media...
June 19, 2025 at 02:48 am
Breaking Open the $29 Trillion Treasury Market

Breaking Open the $29 Trillion Treasury Market

Rob Holmes, Texas Capital Bancshares Chairman, President & CEO joined Bloomberg Open Interest to talk about news the top US bank regulators plan to reduce a key capital buffer by up to 1.5...
June 19, 2025 at 02:22 am
Mike Novogratz on a Shadow Fed, Markets, Stablecoin Bill

Mike Novogratz on a Shadow Fed, Markets, Stablecoin Bill

Billionaire Michael Novogratz, CEO of Galaxy Digital Holdings Ltd., says the idea of President Donald Trump nominating a shadow Federal Reserve Chair would be not wise and very bad for the country....
June 19, 2025 at 12:29 am