Skip to main content

Aggregator

Rep. Amo Says Trump Should Enforce Russia Sanctions

4 days 9 hours ago
Rep. Gabe Amo (D-RI), Vice Ranking Member on Foreign Affairs Committee, says the Trump administration should act against Russia and argues it has repeatedly failed to clearly stand with Ukraine. Rep. Amo says Congress needs to determine whether changes to Starshield capabilities or intelligence sharing impeded Ukraine's defense and says lawmakers should use Congress's power of the purse to demand answers and accountability. He speaks with Kailey Leinz on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Bloomberg Businessweek Daily Podcast: Andreessen Rises as a MAGA Power Player

4 days 9 hours ago
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Through PACs and funding tied to a16z's co-founders and partners, the Andreessen Horowitz team has poured at least $116 million into federal politics since Trump's reelection. Andreessen, who voted for Hillary Clinton in 2016 and said back then that Trump’s immigration regime “makes me sick to my stomach,” explained on a podcast that he was compelled by “absolutely horrifying” discussions he once had with Biden officials. In his retelling, they divulged a top-secret plan for the federal government to take control of the AI industry and outlaw all startups and open-source software. Austin Carr, Bloomberg News Senior Features Writer Ed Ludlow, Host of Bloomberg Tech Robert Schiffman, Bloomberg Intelligence Senior Tech Credit Analyst Angela Stent, Senior Fellow at the American Enterprise Institute (Source: Bloomberg)

Short: Corruption Is Growing Liability for Republicans

4 days 9 hours ago
Marc Short, former Chief of Staff to former Vice President Mike Pence, says reports of graft and corruption involving the Trump administration and the president's family are becoming a bigger liability for Republicans ahead of the midterms. Short says Republicans need a stronger closing message to motivate voters and argues that Trump's turn toward Russian President Vladimir Putin, including Russian diesel imports, is economically senseless and "dead wrong." He speaks with Kailey Leinz on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Sugar Prices Climb on Weather Threats to Global Output

4 days 9 hours ago
March NY world sugar #11 (SBH27 ) closed up +0.29 (+1.39%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed up +6.20 (+1.12%). Sugar prices moved higher on Thursday and are just below recent significant highs. Sugar prices have rallied sharply over the past three weeks, with...
Barchart

Smaller-Than-Expected Weekly Storage Build Lifts Nat-Gas Prices

4 days 9 hours ago
November Nymex natural gas (NGX26 ) on Thursday closed up +0.038 (+1.19%). Nat-gas prices settled higher on Thursday after weekly US nat-gas storage levels rose less than expected. The EIA reported Thursday that nat-gas inventories rose by +67 bcf the week ended October 9, below expectations of +74 bcf and...
Barchart

Crude Prices Jump as Middle East Hostilities Disrupt Global Supplies

4 days 9 hours ago
November WTI crude oil (CLX26 ) closed up +2.88 (+3.03%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.793 (-2.43%). Crude oil and gasoline prices settled mixed on Thursday, with crude up sharply at a 3-week high and gasoline falling to a 2-week low. Escalating hostilities in the...
Barchart

Crude Prices Jump as Middle East Hostilities Disrupt Global Supplies

4 days 9 hours ago
November WTI crude oil (CLX26 ) closed up +2.88 (+3.03%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.793 (-2.43%). Crude oil and gasoline prices settled mixed on Thursday, with crude up sharply at a 3-week high and gasoline falling to a 2-week low. Escalating hostilities in the...
Barchart