Press Association
Rishi Sunak holds a Q&A at the Welsh Conservatives Conference 2024
Prime Minister Rishi Sunak delivers a speech at the Welsh Conservatives Conference 2024, at Venue Cymru in Llandudno, North Wales.
Bloomberg
Brainard on UAW Strike, Budget, AI, Debt
Lael Brainard, National Economic Council Director, talks about the apparent end of UAW strikes, President Joe Biden's executive order on regulating artificial intelligence, and bringing down the nation's debt. She's on "Balance of Power."
Bloomberg
GM Reaches Tentative Deal to End UAW Strike
General Motors Co. reached a tentative agreement with the United Auto Workers to end a six-week-old strike with similar terms to the deal signed earlier by Ford Motor Co., according to people familiar with the matter. Members still need...
Bloomberg
CVS, Walgreens Pharmacists Could Walk Off Job
Thousands of pharmacists at CVS and Walgreens could go on strike in an effort to improve working conditions and staffing levels. Shane Jerominski is an independent pharmacist. He's on "Bloomberg Markets: The Close."
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Bloomberg
UAW Expands Strike to Very Profitable GM Plant
The United Auto Workers expanded its strike on Detroit's big three automakers. 5,000 members at GM's Arlington assembly plant in Texas have walked off the job. Bloomberg's David Welch reports.
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Bloomberg
6,800 More UAW Members Walk Out
United Auto Workers union members at Stellantis NV's lucrative truck plant in Sterling Heights, Michigan, walked off the job Monday morning, a surprise hit designed to extract further concessions in the sixth week of the strike against...
Bloomberg
Powell: Possible to Have Done Less Stimulating During the Pandemic
Federal Reserve Chair Jerome Powell tells Wall Street Week that in hindsight, less aggressive monetary stimulus during the pandemic could have helped keep inflation under control. He also talks about the importance of bringing the labor...
Bloomberg
US Jobless Claims Fall to Lowest Since January at 198,000
Initial unemployment claims in regular state programs fell to 198,000 in the week ending October 14, the lowest level since January. Michael McKee has the details on Bloomberg Television.
Bloomberg
El-Erian Hopes Next Two Fed Meetings Aren't 'Live'
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says he "hopes" that the Federal Reserve elects to keep its current benchmark interest rate unchanged at its next two policy meetings. "The market says...
Bloomberg
Nobel Prize-Winning Economist Goldin on Gender Pay Gap
Claudia Goldin became the third woman to receive the Nobel Prize in economics as the US professor was awarded for her research into the factors that explain pay gaps between men and women. Goldin discusses her research with Scarlet Fu...
Bloomberg
Netflix's Sarandos: Actors Sought 'Levy' on Subscribers
Netflix co-CEO Ted Sarandos says talks with striking actors broke down after the union asked for a "levy" on streaming customers. Sarandos speaks at the first-ever Bloomberg Screentime conference in Los Angeles.
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Bloomberg
Waller Says Fed Will 'Stay on the Job' to Contain Inflation
"Since last year, we have made it very clear that we are determined to bring inflation down to 2%. Not 3%, not 4%," Federal Reserve Governor Christopher Waller says at an event sponsored by George Mason University's Mercatus Center. "We...
Bloomberg
GM Reaches Tentative Agreement With Its Canadian Union
General Motors reached a tentative agreement with its Canadian union, ending a strike that had halted work at three plants in Ontario about 13 hours after it began. Keith Naughton has more on "Bloomberg Markets."
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Bloomberg
El-Erian Says Jobs Data Good News for Economy, Bad News for Fed
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the unexpected surge in payrolls seen in the September US jobs report is "good news for the economy," but "bad news for markets and for the Fed" on...
Bloomberg
US Jobs Preview: Mixed Signals Making Traders Nervous
The September jobs report due Friday is set to add another data point to the array of sources sending increasingly mixed signals on the state of the US labor market. Valerie Tytel previews the release on Bloomberg Television.
Press Association
Hundreds gather to protest Rosebank oil field
Hundreds of protesters gathered outside the Department of Energy and Net Zero before marching to the Norwegian Embassy while demanding the UK government halts lans to move forward with the Rosebank oil and gas field. Interviews with...
Bloomberg
Beddoes: Concerning When Organized Labor Tries to Stop Technology
Zanny Minton Beddoes, The Economist Editor-in-Chief is concerned about organized labor trying to stop technology. She explains why protectionism and tariffs are not good for American workers in long run.
Bloomberg
Product Recall Nearly Finished, Philips CEO Says
Royal Philips NV CEO Roy Jakobs talks about the the consequences of recalling sleep apnea devices. He says the Dutch maker of medical gear has not put out a final figure on the cost of the recall, but he says 99% of the faulty devices...
Bloomberg
BlackRock CEO Fink Sees US Avoiding Recession Until 2025
BlackRock CEO Larry Fink says the US has "a very vibrant economy" and may not enter a recession until 2025. He made the comments during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum.
Bloomberg
Biden Walks Picket Line With Striking Auto Workers
President Joe Biden joined striking UAW members on the picket line in Michigan where he said they deserve a 40% raise. Bloomberg's Jordan Fabian reports.
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Bloomberg
What the EV Transition Means for Auto Workers
Arcady Sosinov, founder and CEO at FreeWire Technologies, a provider of ultrafast electric vehicle (EV) charging solutions, discusses the future of the automobile and EV industries as UAW workers are striking. He joins Caroline Hyde and...
Bloomberg
Automotive Breakdown
Negotiations are still ongoing between the UAW and automakers after an expansion in the strike and tensions are on the rise.
Bloomberg
Summers: Fed at Risk of Being Surprised
Lawrence H. Summers, Former US Treasury Secretary explains why he believes the Fed should be wary in its optimism.
Bloomberg
UAW Could Expand Strikes on Friday
The United Auto Workers union is stepping up pressure on Detroit's Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday. Meanwhile, the union has rejected the latest offer from...