Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump said his administration was talking with China on trade, after Beijing denied the existence of negotiations on a deal and demanded the US revoke all unilateral tariffs.
“They had a meeting this morning,” Trump said Thursday during a meeting with Norway’s prime minister when a reporter asked about the Chinese statement.
Pre...
Google parent Alphabet reported first-quarter revenue and profit that exceeded analysts’ expectations, buoyed by continued strength in its search advertising business. First-quarter sales, excluding partner payouts, were $76.5 billion, the company said Thursday in a statement. Analysts had expected $75.4 billion on average, according to data compiled by Bloomberg. Net income was $2.81 per share, compared with Wall Street&rsqu...
Whirlpool Corp. maintained its full-year financial outlook despite uncertainly over global tariffs, saying their long-term impact will benefit its position in the US home-appliance market.
The refrigerator-maker still expects net sales of $15.8 billion, while ongoing earnings should be around $10 per share this year, it said in a statement. It also expects to cut more than $200 million of costs from its business.
Marc ...
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Signs Donald Trump is rethinking the most-aggressive elements of his combative stances on trade and the Federal Reserve spurred back-to-back gains in stocks and the dollar, while soothing volatility across asset classes.
The S&P 500 rose 1.7%, though it pared an earlier surge that had swelled to as much 3.4%, as investors tried to gauge how seriousl...
ICYMI: Joshua Ballard, CEO of USA Rare Earth, discusses the challenges faces American companies interested in producing and refining the crucial raw materials that are used in the likes of missiles, electric vehicles, MRI machines and other advanced technologies - while China stands as their global dominant supplier.
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Tesla Inc. backed away from an earlier view for 2025 sales growth and pledged to revisit its outlook next quarter, a sign that tariffs, an aging vehicle lineup and the backlash against Chief Executive Officer Elon Musk are having an impact on the electric-vehicle maker.
The company on Tuesday reported adjusted earnings of 27 cents per share for the ...
ICYMI: Bloomberg big tech team leader Sarah Frier joins to talk about her Businessweek column on YouTube Manager John Shahidi - and how he played a role in sending Trump back to the White House.
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Check out the new Stock Movers Podcast from Bloomberg. Subscribe for five-minute episodes on today's winners and losers in the stock market. Listen on Apple: https://apple.co/4kJ43ON Listen on Spotify: https://tinyurl.com/mr385jv6 Listen on other platforms: https://link.podtrac.com/h0zn7xir
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The Supreme Court is considering an emergency petition from President Donald Trump that could imperil the Federal Reserve’s ability to remain independent. And earlier today, President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome P...
Shares in Eli Lilly surged on Friday after its experimental pill helped patients shed weight and control blood sugar about as well as Ozempic, an advance that could turbocharge what’s already one of the fastest growing markets in medicine. Shares of the drug’s originator Chugai Pharmaceutical Co. also soared.
The triumph of Ozempic, the blockbuster diabetes shot from Novo Nordisk A/S, and related drugs i...
Featuring some of our favorite conversations of the week from our daily radio show “Bloomberg Businessweek Daily.” Hosted by Carol Massar and Tim Stenovec.
Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Busin...
Netflix reported first-quarter profit that exceeded Wall Street forecasts, boosted by a recent price increase and a strong slate of programming across the globe, like the hit UK series Adolescence. The owner of the world’s most popular online TV network said in a statement Thursday that earnings rose 25% to $6.61 a share, easily beating analysts’ estimates of $5.68. Sales grew 13% to $10.5 billion, in line with projecti...
Google illegally monopolized some online advertising technology markets, according to a federal judge, whose ruling marked the latest antitrust setback for the company and a challenge to its main source of revenue.
US District Judge Leonie Brinkema found on Thursday that the Alphabet Inc. unit violated antitrust law in the markets for advertising exchanges and tools used by websites to sell ad space, k...
Heather Spilsbury, CEO of 50/50 Women on Boards discuses the importance of women being on company boards and the non profit's third annual 50 Women to watch for Boards program. 50/50 Women on Boards is a nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards.
Hosts: Carol Massar and Tim Stenovec
Producer: Sebastian Escobar
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
The Trump administration is preparing to pressure nations to curb trade with China in negotiations over US tariffs, according to people familiar with the matter.
Dozens of nations are seeking reductions or exemptions from President Donald Trump’s historic import taxes. In exchange for ...
Columbia University Senior Research Scholar and Professor Edward Fishman on US credibility and how that is affecting its stance in the midst of a global trade war. Plus, Bloomberg News Higher-Education Finance Reporter Janet Lorin on Harvard's fight with the Trump administration and Jillian Berman on her book, "Sunk Cost, Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix It"
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Today's show features:
Kim Forrest, Founder and CIO of Bokeh Capital Partners, discusses why the tariff war has highlighted people's short term views on the market and to "keep calm and invest on." Plus, Bloomberg Tech Reporter Riley Griffin on RFK Jr. warning his FDA staff of ‘Deep State’ in All-Hands Meeting
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Mark Zuckerberg took the stand in federal court Monday as the first witness in the US Federal Trade Commission’s antitrust trial seeking to break up Meta Platforms Inc.
The company’s founder and chief executive officer will face questions about the company’s acquisitions of Instagram and WhatsApp. The FTC is seeking to force Meta to di...
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Wall Street’s gyrations shook markets anew, with stocks wiping out losses to extend their best weekly rally since 2023. The rebound came as a selloff in longer-term Treasuries and the dollar abated, following a few chaotic days that underscored fears foreign investors are beating a retreat from American assets.
Volatility shows little signs of...
Daniel Jeremiah of Move the Sticks and Gregg Rosenthal of NFL Daily join forces to break down every team's needs this offseason.
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The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.
Tim Stenovec
Carol Massar