Trump Pushes DOJ Lawsuit Over Alaska Senate Race"Balance of Power" focuses on the intersection of politics and global business. On today's show, Gen. Ben Hodges (Ret.) says restrictions on Starlink service have dealt a significant blow to Ukraine's counter-drone capabilities and disrupted an early-warning system for incoming ballistic missiles. Carlos Gutierrez, former Commerce Secretary and CEO of…Bloomberg14h agoWhole story →SecurityEconomy
Gutierrez: US Has Gone Too Far With TariffsCarlos Gutierrez, former Commerce Secretary and CEO of Kellogg and author of Sheer Will, says trade under the Trump administration has become all-encompassing and can be used as part of geopolitical and political negotiations beyond trade itself. Gutierrez says the US has gone too far with tariffs and that easing them could help reduce inflationary…Bloomberg15h agoWhole story →BuildCommerce
Gen. Hodges (Ret.) Says Trump Actions Help Russia's WarGen. Ben Hodges (Ret.) says restrictions on Starlink service have dealt a significant blow to Ukraine's counter-drone capabilities and disrupted an early-warning system for incoming ballistic missiles. Hodges says it is bizarre for President Donald Trump to defend Elon Musk as a "good person" who would not do anything wrong, pointing to Trump's praise of…Bloomberg15h agoWhole story →Security
Stocks Fall as Oil Rally Keeps a Lid on TreasuriesA resurgence in oil prices dragged down stocks and bonds, stoking concerns about inflation just days ahead of the next Fed decision. Brent crude topped $116 as a flare-up in Middle East violence threatened global supply. The S&P 500 saw back-to-back losses, even as selling pressure on tech firms abated. Yields rose after the market’s best day in more…Bloomberg18h agoWhole story →Planet
Magyar Praises Hungary-EU Ties on Day of Anti-Soviet UprisingPrime Minister Peter Magyar used a commemoration of Hungary’s 1956 anti-Soviet uprising to reaffirm his country’s place in Europe, following years of pro-Moscow policies under his predecessor Viktor Orban.Bloomberg20h agoWhole story →Culture
Kalshi CEO on Midterms, Regulation and Inflation FuturesKalshi co-founder and CEO Tarek Mansour discusses the growing role of prediction markets in elections and the regulatory challenges facing the industry. Speaking with Tyler Kendall on "Bloomberg Tech," Mansour also comments on the company's proposed perpetual oil futures contract. (Source: Bloomberg)Bloomberg21h agoWhole story →GovernmentPlanet
Netanyahu Has Isolated IsraelBroad backlash has left Israeli voters with a stark choice in this month’s election: Elect a government committed to regaining international confidence or further alienate the country’s traditional allies with Netanyahu and his far-right coalition, says Bloomberg Opinion columnist Ronald Brownstein. (Source: Bloomberg)Bloomberg21h agoWhole story →SecurityGovernment
Putin’s Temporary Control of Metro Unit Reaps Funds for War PushThe local unit of German grocer Metro said it committed 1 billion rubles ($12.4 million) to Russia’s war effort a month after Russian President Vladimir Putin ordered it be put into temporary administration.Bloomberg21h agoWhole story →Security
Lovell Sees Earnings Growth Beyond AINadia Lovell, UBS Global Wealth Management’s head of global equity strategy, said markets may remain volatile over the coming weeks amid earnings, next week’s Federal Reserve meeting, midterm-election uncertainty and the Middle East conflict’s impact on energy and oil prices. Despite risks around financing the AI buildout, she said economic growth and…Bloomberg21h agoWhole story →TechnologyPlanet
In Riot-Hit Cities, the French Snap Up Weapons for Self DefenseLate Friday morning, Sam exited a hunting store in central Paris, fresh from spending €600 ($671) on weapons designed for self protection.Bloomberg22h agoWhole story →SecurityFood
New TV Ads, Campaign Donations Flood Deep-Red House DistrictsBoth parties are intensifying campaign spending in congressional districts that strongly favored President Donald Trump in the 2024 election, a sign of an expanding House map that could lift the range of anticipated Democratic gains on Nov. 3.Bloomberg22h agoWhole story →PlanetGovernment
Trump, UK’s Burnham Set for Call as Tensions Rise Over Ukraine, Iran PolicyPresident Donald Trump spoke with UK Prime Minister Andy Burnham on Friday as tensions build between the two governments over Russia’s war in Ukraine and the possibility of renewed US escalation against Iran.Bloomberg23h agoWhole story →Security
CFTC Chair on Prediction Markets, Election, Oil TradesCFTC Chairman Michael Selig says the agency is keeping a close eye on prediction markets ahead of the US midterm elections. Selig says he's disappointed Congress did not pass the Clarity Act which would have set up new rules for the crypto industry. Selig also says the agency is scrutinizing oil market trading related to President Donald Trump's…Bloomberg23h agoWhole story →SecurityPlanet
Everybody’s Business: The Political Beef Shaping the MidtermsWhen the cost of goods becomes too expensive, American consumers either stop buying something or replace it with something else. It's called “elastic demand.” But not when it comes to beef. Bloomberg's Deena Shanker joins Max Chafkin and Stacey Vanek Smith on the Everybody's Business podcast to talk about America's love of beef and how meat prices have…Bloomberg23h agoWhole story →CommerceGovernment
US Says Russia, Ukraine to Let Civilians Leave War-Torn AreaThe White House said Friday that Russia and Ukraine had agreed to allow for aid in the Ukrainian city of Oleshky and prepare an evacuation route for civilians, even as Kyiv complained that crucial Starlink service had yet to be restored.Bloomberg1d agoWhole story →Security
Mark Carney Says Starlink Manipulation in Ukraine War Worries CanadaMark Carney said he’s concerned about the manipulation of SpaceX’s Starlink satellite system that has made it harder for Ukraine to defend itself, and suggested Elon Musk’s reported involvement shows why he’s focused on making Canada less dependent on any one country or technology.Bloomberg1d agoWhole story →Security
Black Sea Ship Sinks in New Deadly Drone Strike Blamed on RussiaA Ukrainian-crewed vessel sank near Romanian territorial waters after a drone strike, killing one, in the latest such attack in the Black Sea for which President Nicusor Dan has blamed Russia.Bloomberg1d agoWhole story →SecurityPlanet
Police Block Delhi March Over India’s Voter-Roll OverhaulPolice blocked a march toward the Election Commission of India’s office and detained some protesters as demonstrations continued in New Delhi over a contentious voter-roll overhaul. Farmers’ groups and trade unions had called for nationwide protests. (Source: Bloomberg)Bloomberg1d agoWhole story →SecurityEconomy
Midterm Blue Wave to Be Negative for Tech, Ives SaysDan Ives, partner and senior managing director at Yorkville Ives & Co., discusses his outlook for AI legislation after the US midterm election. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)Bloomberg1d agoWhole story →SecurityTechnology
Iran War’s Architects Trump, Netanyahu Get Ready to Face VotersIn Israel, unlike in the US, the war against the Islamic Republic was broadly popular.Bloomberg1d agoWhole story →Security
