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Aug 16, 2024
08/24
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BLOOMBERG
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when she begins speaking, we will bring you there on bloomberg television to give you full coverage ofu are looking at the s&p 500 and other equity markets. index is holding onto their gains of a moment. little movement in yields with a two-year at 4.07% and the 10 year 329%. -- three point 89%. ♪ the answer is j.p. morgan wealth management >> from the world of politics to the world of business, this is "balance of power." ♪ live from washington, d.c. joe: it is still the economy, stupid. kamala harris gets return. bottom to the fastest show in politics as the vice president outlines or policy proposals today as donald trump did earlier this week. we will talk about her plan with the campaign's senior economic advisor gene sperling. now on the trail. consumer sentiment rising for the first time in five years. another economic indicator hits an all-time high. volume at the port of l.a. the executive director gene seroka will be with us this hour with analysis from her century to panel. rick davis and jeanne zaino are with us.
when she begins speaking, we will bring you there on bloomberg television to give you full coverage ofu are looking at the s&p 500 and other equity markets. index is holding onto their gains of a moment. little movement in yields with a two-year at 4.07% and the 10 year 329%. -- three point 89%. ♪ the answer is j.p. morgan wealth management >> from the world of politics to the world of business, this is "balance of power." ♪ live from washington, d.c. joe: it is still...
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Aug 2, 2024
08/24
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BLOOMBERG
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live on bloomberg television and doi am joining -- with michael mckee and austan goolsbee. get us started. mike: thank you sonali and thank you to everyone watching us around the world including austan goolsbee. thank you for joining us mr. president. hiring job precipitously, the unemployment rate shoots up more than anticipated. everyone wants to know did the fed make a mistake by not cutting rates on wednesday? austan: well, look, i am not going to get myself into trouble and talk about what people are thinking from the meeting. you will have to wait for the transcript to come out to see what was on people's minds. i have been saying to you mike for a long time and publicly that we have never wanted to overreact to anyone month's numbers. if you back up to the last half of 2023 then you know that the market said that there might be seven cuts for the year. and then when a month with come -- blood come in and then that seven would drop to three and then maybe an increase in rates. the job is to figure out the through line and to move in a steady way. i have been warning t
live on bloomberg television and doi am joining -- with michael mckee and austan goolsbee. get us started. mike: thank you sonali and thank you to everyone watching us around the world including austan goolsbee. thank you for joining us mr. president. hiring job precipitously, the unemployment rate shoots up more than anticipated. everyone wants to know did the fed make a mistake by not cutting rates on wednesday? austan: well, look, i am not going to get myself into trouble and talk about what...
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Aug 28, 2024
08/24
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BLOOMBERG
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we will have full analysis here on bloomberg television. you get a full roundup of the stories you need to know in today's edition of daybreak. go to your bloomberg terminal. we'll be talking about stories, warren buffett. those are your stories. coming up on the program, jake sullivan in china to try to steady chips. we'll dive into what to expect from those meetings. stick with us. this is bloomberg. ♪ kriti: welcome back to bloomberg daybreak. i'm kriti gupta in london. jake sullivan is in china to try and lower tensions between the two nations. meeting with the china foreign minister where they are expected to discuss tech, sanctions and taiwan. let's get more on the story prm jill, talks resuming today. there is a lot to cover here. can you walks through everything on the docket? >> yeah, look, kriti. it is quite a lot on the plate for both jake sullivan and wong lee today. the u.s. feels very strongly about china's involvement and backing russian forces fighting the war in ukraine. you have a lot of concerns over semi conductors and ta
we will have full analysis here on bloomberg television. you get a full roundup of the stories you need to know in today's edition of daybreak. go to your bloomberg terminal. we'll be talking about stories, warren buffett. those are your stories. coming up on the program, jake sullivan in china to try to steady chips. we'll dive into what to expect from those meetings. stick with us. this is bloomberg. ♪ kriti: welcome back to bloomberg daybreak. i'm kriti gupta in london. jake sullivan is in...
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Aug 14, 2024
08/24
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BLOOMBERG
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other people we have seen as relatively popular, some when we interviewed recently on bloomberg television, known for his tough stance on the bank of japan. he was urging them to act to help support the week again. we have also seen the administer in charge of economic securities. she is interested in running. it is unclear at this point which of these people will get the necessary 20 signatures from within the party to enable them to run in the race. avril: as you alluded to earlier, there has been considerable frustration with regards to inflation and where the yen is sitting. who gets the top job, is that going to weigh into what we see in japan's leadership going forward? >> yes, this is a difficult situation for any leader to resolve, i think. kishida has pushed hard for companies to raise salaries, and i larger companies did, but we have also seen that real incomes have continued to fall, and that has very much caused dissatisfaction among the average household, but also among people -- obviously, japan's population is very elderly. among the many people who live on fixed incomes, li
other people we have seen as relatively popular, some when we interviewed recently on bloomberg television, known for his tough stance on the bank of japan. he was urging them to act to help support the week again. we have also seen the administer in charge of economic securities. she is interested in running. it is unclear at this point which of these people will get the necessary 20 signatures from within the party to enable them to run in the race. avril: as you alluded to earlier, there has...
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Aug 12, 2024
08/24
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BLOOMBERG
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he spoke on bloomberg television's "wall street week" with david westin after a week of market volatilityt facts, given that there has been some recovery, given the volatility has come way down, we are not out of the woods. the fed certainly needs to be watching carefully. but i think an emergency response would be lurching, panicked, overheated, and counterproductive on current facts. which does not mean the fed should not be watching very closely before they have another decision to make. there will be a lot more data that is going to come in, and i think they should make clear that they are going to be watching all that data. and they will make a decision reflecting the need to balance the concern of making sure that we have stopped inflation with the concern of maximizing employment. and i think they need to not be pressured into specificity of a kind that is impossible. and when this federal reserve has made mistakes, the mistakes have been of overconfidence and overly firm statements that proved to be unwarranted in light of the data as it evolved. so, i think they need to say they
he spoke on bloomberg television's "wall street week" with david westin after a week of market volatilityt facts, given that there has been some recovery, given the volatility has come way down, we are not out of the woods. the fed certainly needs to be watching carefully. but i think an emergency response would be lurching, panicked, overheated, and counterproductive on current facts. which does not mean the fed should not be watching very closely before they have another decision to...
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Aug 20, 2024
08/24
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BLOOMBERG
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we talked about this a lot on bloomberg television and about germany basically having dominated so manytries for this past decade, the question is, what is this look like going forward in one of the ways that they want to lay a stake on is the semiconductors, that is why they have given out more than 15 billion euros worth of subsidies to a number of projects, including this one, it also one from intel. in order to do that, you need to build an ecosystem, you need to have a silicon valley, what germany has a silicone sac city, where nvidia is, where they have a number of chip production going on over there, you need certain things to build these chips, you need very consistent electricity and power supply, because if there's a blip in that, it ruins the chips you are building, but more importantly, you need the ecosystem in terms of the labor force. you need people who can work these jobs, have the expertise, you have a number of universities around dresden that are good in electrical engineering, but you have the companies in the jobs to build it out which is why it's important for a c
we talked about this a lot on bloomberg television and about germany basically having dominated so manytries for this past decade, the question is, what is this look like going forward in one of the ways that they want to lay a stake on is the semiconductors, that is why they have given out more than 15 billion euros worth of subsidies to a number of projects, including this one, it also one from intel. in order to do that, you need to build an ecosystem, you need to have a silicon valley, what...
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Aug 23, 2024
08/24
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BLOOMBERG
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patrick harker, thank you for joining us on bloomberg radio and television worldwide. for myself, for lisa and tom, we will send it back to you. ♪ >>>> from the heart of where innovation, money, and power collide in silicon valley and beyond, this is bloomberg technology with caroline hyde and ed ludlow. caroline: live from new york and san francisco, bloomberg technology. tech stocks are on a roll for another gain as powell says it's time for more rate cuts. ed: harris backing america and ai with the space race, reaction from chicago. caroline: openai opposition, scott weiner joins us as industry leaders push back against his proposed ai legislation. first, checking in on the markets, it's all about fed chair powell and an increase with the nasdaq coming off of the highs of earlier trading, showing that there is a rebound or hope for these rate cuts to kick in in september but we saw, turning our eye to french companies here in the pound overall, the fact that crypto has been on the higher side. what are you watching on the micro basis? ed: nvidia, we talked about how
patrick harker, thank you for joining us on bloomberg radio and television worldwide. for myself, for lisa and tom, we will send it back to you. ♪ >>>> from the heart of where innovation, money, and power collide in silicon valley and beyond, this is bloomberg technology with caroline hyde and ed ludlow. caroline: live from new york and san francisco, bloomberg technology. tech stocks are on a roll for another gain as powell says it's time for more rate cuts. ed: harris backing...
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Aug 1, 2024
08/24
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CSPAN
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reporter: michael mckee, bloomberg radio and television. i would like to ask about the balance of risks as the american people see it. at is the -- at this point, is the risk greater to leave interest rates where they are given the damage that higher interest rates do to the economy in slowing demand and raising prices, or is it more important for the american people that you keep rates where they are to bring inflation down? chair powell: i think we have been given an assignment by congress. this is how we serve the american people, is buy achieving maximum employment and price stability. right? and so, in our quasi-constitutional document, that states our long-run goals of monetary policy strategy, we look at the two goals and if one of them is further away than the other, the two variables, inflation and employment, if one is further away from its gold on -- from its goal than the other then you concentrate on , the one that is further away. so on the last couple of years, the best service we could do to the american people was to focus
reporter: michael mckee, bloomberg radio and television. i would like to ask about the balance of risks as the american people see it. at is the -- at this point, is the risk greater to leave interest rates where they are given the damage that higher interest rates do to the economy in slowing demand and raising prices, or is it more important for the american people that you keep rates where they are to bring inflation down? chair powell: i think we have been given an assignment by congress....
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Aug 1, 2024
08/24
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ESPRESO
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the american television channel bloomberg was the first to spread this information the day before with a reference to noni. sources familiar with this issue bloomberg writes that the first batch of western fighter jets has already arrived in ukraine. the british edition of the times also writes anonymously that these are six f-16 fighters from the netherlands, and the telegraph reports that ukraine has already made the first combat sorties on these planes, using them as air defense, and that this was not denied in the air force. the reuters agency, with reference to an anonymous source in the usa, writes that the delivery of f-16 to ukraine. completed. currently, the ukrainian authorities have not made official statements regarding the acquisition of the f-16, and the adviser to the head of the office of the president of ukraine, mykhailo podalyak, said that they will not do so now and advises to wait for official information. we will not comment on this either yes or no. why? because for us it is a factor of essential survival. this means the aviation component. to speak precisely abo
the american television channel bloomberg was the first to spread this information the day before with a reference to noni. sources familiar with this issue bloomberg writes that the first batch of western fighter jets has already arrived in ukraine. the british edition of the times also writes anonymously that these are six f-16 fighters from the netherlands, and the telegraph reports that ukraine has already made the first combat sorties on these planes, using them as air defense, and that...
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Aug 23, 2024
08/24
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BLOOMBERG
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bloomberg tv saw it, freedom from gun violence. is another theme of this convention. they've been talking about freedom in different base. reproductive rights or otherwise. >> we bring you a front row seat to our global televisionthe democratic national convention, its final night in chicago, live on bloomberg tv and radio. ♪ ♪ we are children need to be loved we came when you called disblend a live performance by pink, what about us, is what delegates are reasoning -- listening to right now at the democratic national convention in chicago. thanks for being part of our special coverage on bloomberg tv and radio as we bring you the sights and sounds from this final night of the convention. i'm joe matthew alongside kay lee leinz, with kamala harris accepting her party's nomination. it's slated for roughly 10 to 15 minutes from now, we'll see how closely they go to on time tonight but we'll bring that to you live. >> we are joined by our political group. obviously we have talked about this moment for harris, how she'll have an audience of tens of millions at home. if she does land this speech in primetime, perhaps reaching the maximum number of people possible we saw donald trump in milwaukee go on for a listenin
bloomberg tv saw it, freedom from gun violence. is another theme of this convention. they've been talking about freedom in different base. reproductive rights or otherwise. >> we bring you a front row seat to our global televisionthe democratic national convention, its final night in chicago, live on bloomberg tv and radio. ♪ ♪ we are children need to be loved we came when you called disblend a live performance by pink, what about us, is what delegates are reasoning -- listening to...
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Aug 13, 2024
08/24
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KTVU
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a fledgling television network launched by doctor phil is reportedly laying off about a third of its staff. doctor phil founded merritt street media earlier this year. bloombergs news reports his texas based network grew to about 100 employees, but just finished eliminating close to 40 positions. the company says the layoffs are due to consolidating departments and achieving the highest efficiency. phil mcgraw ended his 21 year long daytime talk show early last year, but he brought it back in a version called doctor phil prime time last november on his new network. car insurance rates have skyrocketed and they may not be done climbing yet online insurance agency and price compare insurify.com says car insurance premiums that increased 24% last year will double by the end of this year. experts are calling it the fastest spike in 50 years with no end in sight. industry analysts warn that california is especially hard hit and that this state is experiencing the worst insurance crisis in recent history. >> clients tell me they're ready to move out of california because of the cost of insuranc. >> i actually lost my homeowner's and car insurance last year from a c
a fledgling television network launched by doctor phil is reportedly laying off about a third of its staff. doctor phil founded merritt street media earlier this year. bloombergs news reports his texas based network grew to about 100 employees, but just finished eliminating close to 40 positions. the company says the layoffs are due to consolidating departments and achieving the highest efficiency. phil mcgraw ended his 21 year long daytime talk show early last year, but he brought it back in a...