Category: Money

World Money and Markets in the news

Summers Says China’s Xi Wins Trade War With Trump

Former Treasury Secretary Lawrence Summers says he’s skeptical of other countries that say they are going to invest in the…

Trump’s Team Impressed with Waller for Fed Chair | Bloomberg Businessweek Daily 8/7/2025

On today’s episode of Bloomberg Businessweek Daily, Carol Massar and Norah Mulinda look into Trump’s latest calls for Intel’s new…

Trump’s Tariff Take Place | Balance of Power: Early Edition 8/7/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses President Trump’s reciprocal tariffs kicking in….

Eli Lilly’s Experimental Weight-Loss Pill Data Disappoints

A new, late-stage clinical study shows disappointing results for Eli Lilly’s weight loss pill Orforglipron. The experimental drug has less…

President Trump Urges Intel CEO to “Resign, Immediately” | Open Interest 8/7/2025

Get a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." President…

Russia’s Putin and President Trump Will Meet, Kremlin Says

The Kremlin said Vladimir Putin and Donald Trump are finalizing details for a meeting within the next few days, but the US says Putin…

SharkNinja Shifting Its Supply Chain

The appliance giant SharkNinja crushed second quarter earnings estimates and raised guidance thanks to strong international sales. Mark Barrocas, SharkNinja…

BOE Rate Decision: Special Coverage and Press Conference | August 7, 2025

Follow Bloomberg Television’s special live coverage of Bank of England Governor Andrew Bailey’s press conference following the BOE’s interest rate…

Tariffs Take Effect; Fed Officials Voice Concern Over Labor Market | Bloomberg Brief 8/7/2025

US equity futures rise after the Kremlin confirmed that Presidents Putin and Trump will meet for summit talks in the…

Trump Plans 100% Tariff on Chips With Carveout for Apple, Others (Full Remarks)

Donald Trump said he would impose a 100% tariff on imports that include semiconductors, though would exempt companies moving production back…