Bloomberg Daybreak

Paramount Skydance Corp. is promising to cut $6 billion in costs within three years as it looks to lock in lenders for its blockbuster Warner Bros. Discovery Inc. acquisition.

Federal Reserve Bank of St. Louis President Alberto Musalem says providing clear communication about how a central bank will adjust interest rates based on incoming data can improve the transmission of monetary policy and lead to better economic outcomes during an event in London. (Source: Bloomberg)

A Morgan Stanley-led investor group won Chicago’s approval for its $2.5 billion sale of a parking-meter operation to Stonepeak Partners, ending months of political turmoil around the transaction.

Toni Gravelle, Deputy Governor, Bank of Canada, discusses the outlook for monetary policy, inflation and risks facing Canada’s economy and financial system, with Bloomberg’s Christine Dobby at the 2026 Bloomberg Canadian Finance Conference. (Source: Bloomberg)

Hundreds of mom-and-pop investors lost more than $15 million in crypto and cash in fake artificial-intelligence stock trading schemes fueled by boosters in WhatsApp group chats, the Securities and Exchange Commission said Tuesday.

Some 650 foreign and local executives, government officials and foreign diplomats are due to attend the Venezuela International Oil and Gas Summit starting Tuesday, with over 150 more on the waiting list. Patricia Garip reports from Caracas. (Source: Bloomberg)

Some investors approached about potentially buying shares in Oura Inc.’s now-delayed initial public offering decided not to go forward because of concerns including the health and fitness ring-maker company’s target valuation, according to people familiar with the matter.

Chad Lundberg, CEO, Baytex Energy and Scott Sanborn, Chief Financial Officer, Saturn Oil & Gas, discuss capital allocation, production growth, consolidation and access to global markets as Canada’s oil and gas producers navigate changing commodity markets, with Bloomberg’s Monique Mulima at the 2026 Bloomberg Canadian Finance Conference. (Source: Bloomberg)

Tenaz Energy CEO Tony Marino discusses the company’s international growth and acquisition strategy and how it is navigating commodity-price volatility, capital allocation and geopolitical and regulatory risk as it expands its portfolio, with Bloomberg’s Monique Mulima at the 2026 Bloomberg Canadian Finance Conference. (Source: Bloomberg)

Harry Taylor, Executive Vice President, Chief Financial & Regulatory Officer, Hydro One, discusses the transmission investment required to meet rising electricity demands while balancing reliability, affordability and long-term capacity, with Bloomberg’s Naureen Malik at the 2026 Bloomberg Canadian Finance Conference. (Source: Bloomberg)

Jared Green, Chief Financial Officer, Emera and Christine Healy, President & CEO, Northland Power, discuss the investment required to meet rising electricity demand while maintaining reliability and affordability and how Canada can use its energy resources to strengthen its competitiveness, with Bloomberg’s Naureen Malik at the 2026 Bloomberg Canadian Finance Conference. (Source: Bloomberg)

The US Treasury Department has put Wall Street on notice: Authorities are moving to rein in some of the most aggressive investment strategies used to cut investor tax bills.

Bank of Canada Deputy Governor Toni Gravelle said the central bank is trying to reduce strains in short-term funding markets by regularly increasing the size of its two-week repo operations.

Federal Reserve Governor Michael Barr repeated a warning that further interest-rate increases will likely be needed to slow inflation in a timely fashion. Barr said the Fed wants “to support sustainable, durable growth in support of maximum employment, and price stability is crucial to that” in remarks Tuesday at an event in Detroit. (Source: Bloomberg)

The euro fell to its weakest level in 16 months as expectations that the Federal Reserve will further boost interest rates supported the US dollar.

A rout rippling through the municipal bond market has triggered the busiest day of trading in US state and local government debt in more than 30 years.

National Bank Financial’s chief economist sees Canada starting to take business investment seriously after a decade of what he calls “stagnant” growth, and is forecasting a surge in foreign capital.

Mike Pyle, CEO, Exchange Income and Gren Schoch, Chairman & CEO, AirBoss of America, discuss how rising defense spending and changing procurement priorities are reshaping Canada’s aerospace, manufacturing and technology sectors, with Bloomberg’s Derek DeCloet at the 2026 Bloomberg Canadian Finance Conference. (Source: Bloomberg)

Clearlake Capital Group LP has raised $1 billion backed by stakes in its private market funds after rejigging the collateral mix in the deal following discussions with investors.