Resistance to Cuts, More AI Spending, WB-Paramount Merger Fight, Obesity Drug Craze

 

Al Drago/Bloomberg

Analysis

‘Silent Dissents’ Reveal Growing Fed Resistance to Powell’s Cuts

A slew of finer details from the meeting revealed just how divided the central bank has become.

Nasdaq 100 Futures

25,518.50USD

279.50–1.08%

Markets Wrap

Stocks Slide as Oracle Spoils Mood After Fed Cut

Oracle Woes Ruin Cross-Asset Party as Traders Flock to Safety

Oracle Drops on Disappointing Cloud Sales, More AI Spending

Qilai Shen/Bloomberg

Mexico Approves Up to 50% Tariffs on China, Other Asian Nations

Mexico gave the final approval for new tariffs on Asian imports to broadly align with US efforts to tighten trade barriers against China.

Earlier

Sheinbaum Faces Next Trump Test While on Defense Back in Mexico

Warner Bros.

Paramount’s Hostile BidDealmaking SprintComcast Walks Away

Ethan Swope/Bloomberg

Analysis

Warner Bros. Merger Fight Draws Fire Across US Political Divide

Trump Says Warner Bros. Deal Should Include Sale of CNN

Paramount Letter to Warner Bros. Shareholders Asks for Support

Bloomberg Opinion

If That Was a Hawkish Cut, Doves Needn’t Worry

Muted dissent like this does not signal a Fed that won’t let itself be pushed around.

By John Authers, Columnist 

 

 

 

 

 

ECB's Schnabel Is Crying Wolf on Rate Increases

By Marcus Ashworth, Columnist

The Warner Deal Will Take a While

By Matt Levine, Columnist

Germany's Far-Right AfD Is Grooming Itself for Power

By Katja Hoyer, Columnist

 

 

 

US Department of Justice

E

 

 

 

 

 

 

 

xclusive

US Forces Seize Sanctioned Oil Tanker Off Venezuelan Coast

The move marks a serious escalation of tensions between the two countries.

Related

Nobel Winner Machado Appears in Oslo After ‘Journey of Extreme Danger’

Dark Fleet Oil Tanker Seized Off Venezuela Linked to Iran Trade

731, Photos: Bloomberg

 

 

 

 

 

 

 

 

 

 

 

 

 

The Big Take

Berkshire’s Next Boss Confronts Making Buffett’s Empire His Own

Watch (9:20)

How Warren Buffett Changed Investing Forever

Trump Pardoned Them for Jan. 6. Now They Want Millions of Dollars

Their lawyer delivered hundreds of claims in person, wheeling a cart with five bankers’ boxes into a Justice Department office building in Washington

Watch (19:20)

The High Price of Clemency

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This National Security Strategy Wasn’t Written for Europe

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Fistfights Erupt Between China Officials, PDD Staff During Audit

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Pakistan Convicts Its Powerful Former-Spy Chief for Power Abuse

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Attacks on CPC Reduced Kazakhstan’s Oil Output by More Than 10%

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In Focus

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Listen (26:44)

Trumponomics: Trump's National Security Strategy

Newsletter: Evening Briefing: Americas

Fed Cuts Interest Rate Third Time in a Row

Newsletter: Washington Edition

Drama May Be New Normal for the Fed With Divide on Interest Rates

Listen (21:11)

Big Take: How the Fed Could Look Under Hassett

Listen (22:04)

Big Take Asia: Tariffs Hit India’s Toy-Making Dreams

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Bloomberg Businessweek

Samsul Said/Bloomberg

In Act of Boycott, Malaysia Makes Its Own ‘McDonald’s’

The Israel-Hamas war sparked a new kind of hyper-local consumer loyalty in the Muslim world that’s showing no signs of reversing, fragile ceasefire and all.

By Ram Anand and Kok Leong Chan 

 

 

 

 

 

 

More from this issue:

How an $11 Billion Beauty Company Built a Suburban EmpireThe Fight to Save the $2.7 Billion Botox EmpireThe Chatbot Delusions: Is AI Contributing to a Novel Mental Health Crisis?

Rare Earths Aren’t Rare for Everyone

The four decades that China spent building dominance in the small world of critical minerals is proving frustratingly hard to overcome.

The Big Take

How a Nuclear-Fossil Fuel Alliance Is Winning the Fight for Energy Dominance

The once unlikely partnership’s influence now reaches right into the White House, where President Trump wants to ban certain renewable projects.

The Big Take

How Tariff Chaos Threw India's Toy-Making Dreams Into Disarray

On today’s Big Take Asia podcast: India wants to dethrone China as the world’s top toymaker. But the gambit faces hurdles.

Markets

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Prakash Singh/Bloomberg

Indian Rupee Falls to Fresh Low on Outflows, Trade Deal Impasse

Pakistan Convicts Its Powerful Former-Spy Chief for Power Abuse

Attacks on CPC Reduced Kazakhstan’s Oil Output by More Than 10%

Newsletter: Odd Lots

“Sell America” Isn’t a New Thing in the Bond Market

Newsletter: Markets Daily

SpaceX IPO Would Give Musk Two of World’s Biggest Listed Companies

Odd Lots

Dan Ivascyn Sees a New Era in Fixed Income

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Odd Lots

Affirm’s Max Levchin On How BNPL Really Works

Listen: 53:17

Odd Lots

What AI Reveals About Credit Market Weakness

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Odd Lots

Kavulla Explains Why Electric Bills Shot Up

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