Economy44:19Bloomberg Money examines a week of sharp swings in the Treasury market as US debt reaches $40 trillion. The program also covers the politics surrounding data centers and features guests Rebecca Patterson and Kevin Gordon.
Economy44:19Bloomberg Money examines a week of sharp swings in the Treasury market as US debt reaches $40 trillion. The program also covers the politics surrounding data centers and features guests Rebecca Patterson and Kevin Gordon.
SocietyTwo men were stabbed during an early-morning prayer service at the Nanaksar gurdwara in northeastern Edmonton, held ahead of a wedding. A man described by a senior temple member as white and likely in his 20s was taken into custody, while the motive remains unclear.
PoliticsAn “Outnumbered” panel discusses former Seattle Times columnist Matt Calkins’ resignation after the newspaper spiked his column about transgender sports.
SocietyA man dressed as Star Wars villain Darth Vader spoke at a San Diego city council meeting on 19 August to support the use of Flock cameras in the city.
WorldFagersta municipality said an attacker carrying a sword entered Brinell School and wounded several people before police detained them. Local media reported that police shot the attacker.
Economy1:26:45Bloomberg Open Interest highlights accelerating AI spending, Broadcom’s potential $60 billion debt deal ahead of Nvidia earnings and Anthropic’s plans for a potentially record-breaking IPO. Early Anthropic investor Anjney Midha criticizes traditional venture capital firms for missing the AI revolution. Critical Metals CEO Tony Sage says the company’s key Greenland mining project remains on track.
EconomyAfter a turbulent week for the US bond market, traders entered Friday’s session seeking clues about Treasury Secretary Scott Bessent’s next move. Schwab’s Kevin Gordon discusses the bond buyback announcement and its market impact.
EconomyWildfires, crop failures and drying rivers are accompanying Europe’s fifth heatwave of the year. Economists warn that extreme heat is becoming an economic risk, hitting output, tourism, food prices, insurance and public budgets at once. The estimated cost this year is $209bn, about 1 percent of EU GDP.
PoliticsChief Justice John Roberts said President Donald Trump may continue building a new White House ballroom for now while the Supreme Court considers whether to issue a longer-term order allowing construction to proceed. The administration says the project is already underway, is scheduled for completion by August 2028 and is funded entirely by private donations.
ScienceA record 33m tons of sargassum have accumulated along Caribbean and Gulf of Mexico coastlines. The brown seaweed can reduce oxygen and release foul-smelling gases as it decomposes, while scientists warn it blocks sunlight from underwater plants, affects human health and may leach arsenic into sand.
WorldFagersta municipality said an attacker carrying a sword entered Brinellskolan and injured several people before police detained the suspect. Local media reported that the weapon was a machete and that police shot the attacker.
PoliticsBangladesh’s new president, Mirza Fakhrul Islam Alamgir, took the oath of office on Aug. 21 as the South Asian country’s 23rd head of state. The 78-year-old veteran leader of the Bangladesh Nationalist Party will also serve as commander-in-chief of the armed forces, while executive power remains with the prime minister and cabinet.
PoliticsThe programme examines whether the “Burnham bounce” is real and what it might indicate about the new prime minister’s popularity over time. Guests also discuss Sue Gray’s view of what went wrong in Starmer’s Number 10, recent infighting in Reform, and whether the public found the emergency alarm irritating.
SocietyA hearing is underway on Karmelo Anthony’s request for a new trial. The 19-year-old was convicted in June and sentenced to 35 years in prison for fatally stabbing a fellow student.
EconomySarah Bianchi, a senior managing director at Evercore ISI and former deputy U.S. trade representative, discussed the approaching tariff deadline. She said Mexico would likely seek similar relief if the United States reaches a tariff deal with Canada.
PoliticsThe FBI seized electronic devices belonging to former California Democratic Rep. Eric Swalwell as it investigates allegations of misconduct. Several women came forward earlier this year accusing him of sexual misconduct, which Swalwell has denied.
PoliticsThe Supreme Court has allowed construction to continue on the controversial ballroom planned for the White House East Wing.
PoliticsThe Supreme Court placed a temporary administrative stay on the president’s multimillion-dollar White House ballroom project while allowing Trump to continue construction as it considers the case.
SocietyThe Edmonton Police Service is holding a news conference to provide more details about a stabbing at the Nanaksar Gurdwara Sikh Temple that injured two people.
WorldA Russian daytime attack on a shopping mall in Kryvyi Rih has caused a growing number of casualties. Oleksandr Ganzha, head of the Dnipropetrovsk regional military administration, described it as an enemy attack.
PoliticsThe FBI arrested Jessica Bowie in Albany, New York, over an alleged ISIS-inspired terror plot. The panel examines her online radicalization and her reported shift from a patriotic child to an extremist.
WorldA powerful El Niño is developing and meteorologists warn it could be the strongest in living memory. It has already been linked to drought around the Panama Canal, flooding in Chile and wildfires in Indonesia. With climate change keeping global temperatures high, the combination could make 2027 the hottest year on record.
SocietyA surrogate declined the biological parents’ request to terminate the pregnancy after they learned the baby had a severe heart condition. Rumi has undergone the first of three surgeries since birth. The surrogate says the biological parents are suing her, while family and fertility lawyer Alexis Cirel weighs in on the custody case.
PoliticsThe Supreme Court issued a temporary stay allowing construction of the new White House ballroom to continue while it considers its next steps in the case. The decision affects President Trump’s plans for the project.