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President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz offer instant reaction.
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On today's podcast:
1) Trump Picks Pam Bondi for Attorney General After Gaetz Exit
2) Bitcoin Flirts With $100,000 on Optimism Over US Crypto Outlook
3) US Warns American Defense Firms of Russian Sabotage Threat
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On today's podcast:
1) Ukraine Says Russia Used an ICBM as Conflict Ratchets Up Further
2) Nvidia Says New Chip on Track After Forecast Disappoints
3) Bitcoin Climbs Closer to $100,000 on Trump’s Support for Crypto
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Nvidia, the chipmaker at the heart of an artificial intelligence boom, delivered a revenue forecast that failed to meet the highest expectations, suggesting that the company’s dizzying growth run has its limits. For reaction and analysis, Businessweek hosts Carol Massar and Tim Stenovec speak with Bloomberg Technology cohost Caroline Hyde, Bloomberg Intelligence senior semiconductor analyst Kunjan Sobhani, Bloomberg News equities reporter Ryan Vlastelica and Bloomberg News earnings reporter Redd Brown
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What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.
On today's podcast:
1) Putin Open to Talks on Ukraine Truce With Trump, Reuters Reports
2) Trump’s Treasury Search Gains Steam With Fresh Round of Meetings
3) Stocks Rise With Focus on Nvidia
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On today's podcast:
1) Ukraine hits Russia with US made missiles for the first time
2) Donald Trump may be getting closer to choosing a Treasury secretary
3) Ken Griffin and Ted Pick flag concerns about tariffs
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On today's podcast:
1) President-elect Trump's decision on the next Treasury Secretary runs into disarray
2) Xi Jinping sends a message to the incoming president in his final meeting with President Biden
3) One Fed governor tells Bloomberg "there's a long way to go" with lowering rates
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Everywhere you turn, there’s another headline about Artificial Intelligence. But how do companies make money with AI? We’re exploring how companies of all sizes are using AI to remake their operations, increasing their return on investment and that of their customers. This episode is sponsored by IBM.
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Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.
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On today's podcast:
1) Trump Says No Dimon in Administration, Picks Kennedy for Cabinet
2) Stocks Slide as Fed Rate-Cut Bets Pared Back
3) NYC Congestion Pricing Plan With $9 Toll to Start in January
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