Catch up on all the headlines with BTW. Lisa Mateo, Christina Ruffini, David Gura and special guest Brutus the dog, dive into the headlines you may have missed on Bloomberg This Weekend. Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
“It’s remarkable — and discouraging — how many people are disengaged from their own financial lives.”
Rep. Yvette Clarke, Chair of the Congressional Black Caucus, joined Christina Ruffini and David Gura this morning on Bloomberg This Weekend fro a wide-ranging conversation following a Supreme Court ruling that struck down Louisiana’s second majority-Black congressional district. (Source: Bloomberg)
Walmart has said that customers start to cut spending when gas prices hit $4.50 to $5 a gallon.
US President Donald Trump said he discussed guardrails on artificial intelligence with Chinese leader Xi Jinping, while adding that Nvidia Corp.’s H200 chips also came up during a two-day summit in Beijing. Meanwhile, investors will eagerly be awaiting earnings results from chip giant Nvidia, the world’s largest company by market capitalization, for signs of how much momentum the artificial intelligence rally has left in it after a bout of jitters. Bloomberg Tech co-host Ed Ludlow joined Christina Ruffini and David Gura this morning on Bloomberg This Weekend to discuss. (Source: Bloomberg)
Author Theo Baker joined Christina Ruffini and David Gura this morning on Bloomberg This Weekend to discuss his new book “How to Rule the World: An Education in Power at Stanford University,” chronicling the prize-winning reporting he did for Stanford Univeristy’s student newspaper — reporting that led to the resignation of the university’s president. (Source: Bloomberg)
New York City’s effort to close a multibillion-dollar budget gap has triggered a high-profile clash between Mayor Zohran Mamdani and Wall Street leaders, including Citadel founder Ken Griffin. Mamdani’s proposed “pied-à-terre” tax on luxury second homes has become a flashpoint in a broader debate over whether the city should raise more revenue from wealthy residents or focus on restraining spending growth. Wall Street veteran Whitney Tilson, Partnership for New York City CEO Steve Fulop, and real estate executive Ruth Colp-Haber all warn that messaging matters when competing for businesses and high earners, even as supporters argue the existing property tax system places much of the burden on middle-class property owners and commercial real estate owners. The dispute highlights a larger challenge facing New York: balancing its books while remaining attractive to workers, investors, and employers. (Source: Bloomberg)
Micron is expected to be the second-largest contributor to the index’s overall earnings growth — behind Nvidia, whose impact will likely diminish.
The tech-fueled stock rally is looking bubble-like to some investors, and they’re turning to exotic options that better protect against an eventual slump.
For decades — coincidentally, at least since the Iranian Revolution and hostage crisis of 1979-80 — the price at the pump has been a crucial lens through which Americans judge a president’s success or failure. In this conflict, the impact on gasoline prices matters more to individual Americans than the broader military campaign, the removal of Iran’s enriched uranium, or sending in ground troops. Bloomberg News Senior US Oil Reporter Kevin Crowley tells Christina Ruffini and David Gura this morning on Bloomberg This Weekend, it’s not going well. (Source: Bloomberg)
