Bloomberg
Trump-Backed GOP Funding Plan Fails in House as Shutdown Nears
The Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursday with just over 24 hours to go before a US government shutdown, capping an extraordinary two days in Washington that tested the...
Curated Video
House Republicans unveil slimmed-down funding bill
The new continuing resolution added a two-year debt limit extension. (Scripps News)
Bloomberg
Goldman's Kaplan on Fed Cuts, Trump Policies and Tariffs
Robert Kaplan, Goldman Sachs vice chair and former president of the Federal Reserve Bank of Dallas, discusses the outlook for Fed monetary policy, the potential impact of the Trump administration's fiscal policies and tariffs on the...
Bloomberg
Consumers Are Spending Ahead of Holidays, Moynihan Says
Bank of America Chairman and CEO Brian Moynihan says consumer spending is "good and solid" and the economy is moving along. But he cautions that the country's debt is a problem. He speaks to Bloomberg's David Westin.
Bloomberg
Carlyle's Jenkins on $5.7 Billion Capital Raise, Credit Market
Mark Jenkins, Carlyle's head of global credit, discusses Carlyle raising $5.7 billion for its latest flagship credit fund and the outlook for the credit market. Speaking with Sonali Basak on Bloomberg Television, Jenkins sees a "very...
Bloomberg
Chinese Government Has Room to Raise Debt Ratio, UBS's Hu Says
UBS Global Wealth Management's Yifan Hu says the Chinese government has room to raise the debt ratio and that Beijing should aim to "boost the demand side rather than supply side." Hu also says the firm is following a "barbell strategy"...
Press Association
Thames Water reports 40% rise in pollution incidents as debts swell
Thames Water reported a 40% increase in pollution incidents in the first half as its debts continued to spiral.
Bloomberg
Government Debt Is Biggest Risk to Markets, Knapp Says
Barry Knapp, Ironsides Macroeconomics director of research and chief market strategist, says government debt is the biggest risk to markets for the year ahead. He speaks on "Bloomberg Open Interest."
Bloomberg
Kenya Growth Forecast Lowered Due to Floods, Protests
The World Bank trimmed Kenya's 2024 economic growth outlook to 4.7% from 5% forecast in June as the East African nation's economy heads for its worst performance since 2020 because of floods and anti-government protests. Bloomberg's...
Bloomberg
Abu Dhabi Is Establishing Itself as Buy-Side Hub: BNY
Abu Dhabi has the wherewithal, the intent and the capital to bring global talent into the city, Hani Kablawi, the chairman of international for BNY, told Bloomberg TV's Joumanna Bercetche on the sidelines of the Abu Dhabi Finance Week.
Bloomberg
Ghana Decides | Africa Amplified
It's been a year of profound political change in Africa, with voters punishing ruling parties in South Africa, Botswana, Senegal and Mauritius. And Ghanaians are set to follow suit when they go to the polls in December. This comes...
Bloomberg
Surging Consumer Confidence Is Helping Travel, Resnick Says
KSL Capital Partners CEO Eric Resnick joins 'Bloomberg Surveillance' to discuss the outlook for luxury and international travel as well as how immigration could impact hiring in the hospitality sector.
Bloomberg
Another Ruling Party May Topple in Africa
With President Nana Akufo-Addo stepping down, the ruling New Patriotic Party is fielding his deputy Mahamudu Bawumia as a successor in Ghana's election. But opinion polls point to a decisive win for ex-president and National Democratic...
Bloomberg
US College Closures to Soar Amid Prospective Student Slowdown
The number of colleges that close each year is poised to significantly increase as schools contend with a slowdown in prospective students, according to a new working paper published by the Federal Reserve Bank of Philadelphia. Nic...
Bloomberg
French Government: PM Barnier Ousted in No-Confidence Vote
French President Emmanuel Macron is looking for a new premier after far-right leader Marine Le Pen teamed up with a left-wing coalition to topple Prime Minister Michel Barnier late Wednesday. Macron is due to make a statement on Thursday...
Bloomberg
World Economy Faces Trade and Debt Dangers, OECD Warns
The OECD sees proliferating risks to the global economy from trade tensions to wars and debt troubles that could threaten its "remarkable resilience" of past years. OECD Chief Economist Alvaro Pereira explains the details of the...
Curated Video
More than a quarter of Americans plan to take on gift shopping debt ahead of Christmas
This holiday shopping season is causing many Americans to pile on debt as they hit stores in droves. (Scripps News)
Bloomberg
AT&T CEO Sees Return to Profitability
AT&T CEO John Stankey says the company is on track to deliver profit growth for the next three years. He joins Caroline Hyde to discuss on "Bloomberg Technology."
Bloomberg
France's Armand on Budget, Le Pen and Deficit Targets
France's Finance Minister Antoine Armand sat down with Bloomberg Television's Caroline Connan amid a political crisis over the country's budget and a looming deadline for concessions from Marine Le Pen's National Rally.
Bloomberg
Armand Says The French Government Won't Be Blackmailed
Finance Minister Antoine Armand tells Bloomberg Television's Caroline Connan the French government won't accept artificial deadlines from Marine Le Pen over a new budget law.
Bloomberg
Armand: France Can't Waver on Budget Deficit Targets
French Finance Minister Antoine Armand told Bloomberg Television's Caroline Connan that wavering on commitments to cut the budget deficit was "not an option." He spoke ahead of a deadline from France's far-right leader Marine Le Pen over...
Bloomberg
Abramzon: 2025 Will Be a Positive Year for Israel's Economy
While the ongoing Lebanon and Gaza conflict continues to weigh heavily on Israel's economy, Shmuel Abramzon, Chief Economist for the Israeli Finance Ministry says that the country remains resilient. Speaking to Bloomberg's Chief Africa...
Bloomberg
Why Young People Are in So Much Debt
Younger Americans face a financial crisis. Their growing debt burden has far outpaced that of older generations, and it's only getting worse. Here's what's behind it.
Bloomberg
Is the American Consumer Tapped Out?
Americans and their wallets are a key part of the global economy. Yet the lifestyles many think they're entitled to have become more expensive. In the aftermath of the pandemic, rising costs, middling wage growth and unsustainable debt...