President Donald Trump’s return to the White House changed the political calculus around mergers and acquisitions, reviving companies’ desire for dream deals that had become difficult to pull off. Now, corporate America is on the clock.
On Bloomberg This Weekend, Bloomberg Economics Chief US Economist Anna Wong says October's surprisingly strong jobs report showed hiring broadening into white collar, manufacturing and transportation jobs, strengthening the case for another Federal Reserve rate hike. Wong tells hosts Christina Ruffini and Lisa Mateo how the Bloomberg Price Project uses millions of alternative data points to provide an independent, more granular measure of US inflation. (Source: Bloomberg)
White collar industries that are most exposed to artificial intelligence continued to add jobs in October, although that growth has been weak.
Who audits the AI auditors?
Plus: The FTC claims Amazon tripled ad prices for Black Friday and China is flexing its control over artificial intelligence.
The White House is reviewing a US Securities and Exchange Commission proposal to change how brokers can work with digital assets.
The Bank of England warned inflation is on track to hit almost 5% next year as policymakers voted unanimously to raise interest rates and signaled another hike is on the cards. Traders added to bets for another hike next month. Bloomberg TV brings you Governor Andrew Bailey's press conference live, as well as, all the market reaction and analysis in a special program hosted by the Opening Trade team and a range of experts. (Source: Bloomberg)
The administration pushed back a hearing for Lisa D. Cook, the Federal Reserve governor that President Trump has tried to fire, after her lawyers raised scheduling issues.
Democratic Representative Joe Morelle of New York said that Democrats need to focus on anti-corruption efforts and setting American families up for success after voters handed the party control of both chambers of Congress. Morelle also said that President Trump's continued focus on his White House ballroom today after voters repudiated his policies 'says volumes about his leadership.' (Source: Bloomberg)
AI in White House press releases, a 'brutal' but surprisingly popular class at Harvard, Life Magazine rises again, and the dwindling justification of day light savings: Join Nathan Hager, David Gura and Lisa Mateo for a roundup of headlines you may have missed, but gotta see. (Source: Bloomberg)
The comedian’s White House dinners reveal the balancing act of one of TV’s top contrarians.
Nearly 6 million Bodum French press coffee makers sold at Target, Walmart and on Amazon.com are being recalled over the risk of burn injuries.
Three news outlets are telling a federal court that the White House is defying a judge's orders by refusing to let them return to covering President Donald Trump
CBS News editor-in-chief sidesteps viewership concerns and says flagship show doing ‘tremendously well’ CBS News’ editor-in-chief, Bari Weiss, has spoken publicly for the first time about the ratings challenges the network has experienced under her year-long tenure, sidestepping concerns about diminished viewership at the Sunday show 60 Minutes by saying it was not her top priority. “I could never build anything if I were focused on the precise number of people that happen to tune in to the second feature on 60 Minutes on a given Sunday,” she said at an industry conference on Wednesday organized by the tech publication the Information. The news organization did not offer press credentials. Continue reading...
The news outlets argued in an updated lawsuit that they should be granted access to the White House reporting pools.
Trump’s combative approach to Canada appears to be softening just days before midterm elections in which tariff-fueled inflation is a primary concern for voters.
