Bloomberg News
Carney Matches Trump Tariffs With 50% Tax on US Dairy, Steel
- Title
- Carney Matches Trump Tariffs With 50% Tax on US Dairy, Steel
- Runtime
- 1:41
- Date posted
- 1 month ago
- Description
- Prime Minister Mark Carney announced new support programs for Canadian businesses hurt by the escalating trade war with the US and matched the new tariffs imposed by President Donald Trump. #canada #trump #tariffs #usa #news #politics
Canada will double its existing counter-tariffs on US steel and aluminum products to 50% and apply new duties to other US products, affecting $20 billion worth of annual US exports to Canada.
The Carney government unveiled a C$7.5 billion package of support measures for Canadian businesses, including liquidity support, grants, and employment insurance programs, and urged consumers to buy Canadian-made products.
Read more: https://www.bloomberg.com/news/articles/2026-08-25/canada-s-carney-matches-trump-tariffs-with-50-tax-on-us-steel-furniture-dairy
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- Title
- How LeBron James Scored $300 Million From Insurers
- Runtime
- 1:11
- Date posted
- 1 month ago
- Description
- LeBron James' limited liability company borrowed almost $300 million from two Midwestern life insurers advised by Guggenheim Partners in 2018, according to insurance industry records. #lebronjames #nba #sports #basketball #news
The bonds, which are due in 2049, were structured to provide immediate cash to James and backed by a stream of future revenue tied to his earnings outside basketball, people with knowledge of the matter said.
The deal is an example of how athletes and artists are using future earnings to structure deals that help them unlock immediate capital, and how Wall Street money managers have shifted the life insurance business into more unusual investments.
Read more: https://www.bloomberg.com/news/articles/2026-08-25/lebron-james-borrowed-300-million-from-insurers-arranged-by-guggenheim
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- Title
- Canada Ready to Go Tariff-For-Tariff With US, Ford Says
- Runtime
- 0:55
- Date posted
- 1 month ago
- Description
- The trade war between the US and Canada escalated into an exchange of insults and threats between President Donald Trump and Doug Ford, the leader of Ontario. #canada #trump #tariffs #news #usa #ontario
The White House imposed tariffs of 50% on some Canadian goods, prompting Canada to announce counter-tariffs, and Trump threatened to double tariffs on Canadian autos to 50%.
Trump and Ford exchanged personal insults, with Trump calling Ford "the less charismatic, intelligent, and overall unimpressive brother" and Ford calling Trump a "dictator" and "loser."
Read more: https://www.bloomberg.com/news/articles/2026-08-24/-flunky-loser-trump-trades-wild-insults-with-canada-s-ford
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- Title
- Trump's Golden Dome Missile Defense System 'Very Tangible:' CEO
- Runtime
- 1:16
- Date posted
- 1 month ago
- Description
- Northrop Grumman Chair, CEO and President Kathy Warden says President Donald Trump’s Golden Dome missile defense initiative is “very tangible,” as she discusses the company’s potential role in the project. #trump #iran #usa #news #politics
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- Title
- SpaceX Plans $100 Billion Starship Launch Site in Louisiana
- Runtime
- 1:35
- Date posted
- 1 month ago
- Description
- SpaceX plans to build a new launch site for its Starship rocket on the southern coast of Louisiana, allowing the company to expand operations. #spacex #louisiana #news #usa #elonmusk
The site will provide SpaceX with a third potential location for launching Starship, in addition to locations in South Texas and Cape Canaveral, Florida.
The Louisiana location will allow SpaceX to launch Starship southward over the Gulf of Mexico and send the vehicle over Earth's polar regions, which is key for the company's plan to build a fleet of data-center satellites.
Read more: https://www.bloomberg.com/news/articles/2026-08-25/spacex-plans-100-billion-louisiana-starship-rocket-launch-site
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- Title
- Dolly Parton, Country Music Icon, Dies at 80
- Runtime
- 0:11
- Date posted
- 1 month ago
- Description
- Dolly Parton, the effervescent and glamorous “Queen of Country” who emerged from extreme poverty in rural Tennessee to become one of America’s most distinguished songwriters and wealthiest self-made women, has died. She was 80. #music #countrymusic #news #nashville #tennessee #usa
She died today in Nashville, her publicist, True Public Relations, said in a statement. It didn’t cite a cause. In May, she canceled a planned Las Vegas residency due to health issues that she said left her feeling “swimmy headed.”
Read more: https://www.bloomberg.com/news/articles/2026-08-25/dolly-parton-country-queen-who-sang-of-strong-women-dies-at-80
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- Title
- Trump Devises New $100,000 H-1B Visa Fee After Court Defeat
- Runtime
- 1:46
- Date posted
- 1 month ago
- Description
- The Trump administration is proposing a regulatory process that would charge companies roughly $103,000 for each candidate they sponsor for a visa under the H-1B program for foreign-born professionals. #trump #news #usa #politics #india
Opponents say the fee is so onerous it would effectively shut down most of the pipeline for such workers, many of whom are well-paid professionals in information technology, medicine or finance.
The proposed fee might also discourage foreign students from studying in the US, since an American degree often came with a temporary work permit and a chance for long-term residency with an H-1B.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/trump-devises-new-100-000-h-1b-visa-fee-after-defeat-in-court?taid=3d5985fd-41b3-445e-8287-315b5125a149&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
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- Title
- Canada Matches Trump Tariffs With 50% Tax on US Furniture, Steel
- Runtime
- 1:52
- Date posted
- 1 month ago
- Description
- Prime Minister Mark Carney matched dollar-for-dollar the new tariffs imposed by President Donald Trump over the weekend and announced support programs for Canadian businesses hurt by the escalating trade war. #trump #canada #news #usa #politics
Canada will double its existing counter-tariffs on US steel and aluminum products to 50%. American-made furniture, clothing and apparel will also have new 50% tariffs applied, as will video-game consoles, smartphones and other electronics.
Overall, the retaliatory levies will affect about $20 billion worth of annual US imports, roughly matching the dollar value of the tariffs Trump put on Canadian products on Saturday under a never-before-used provision of the 1930 Tariff Act. That’s equal to about 6% of Canada’s goods imports from the US last year.
Read more: https://www.bloomberg.com/news/articles/2026-08-25/canada-s-carney-matches-trump-tariffs-with-50-tax-on-us-steel-furniture-dairy
--...
- Title
- How Putin's War Shapes Ukraine 35 Years After Independence
- Runtime
- 1:22
- Date posted
- 1 month ago
- Description
- Thirty-five years after independence, Ukraine has spent a third of its existence under Russian attack. Now, four years into Putin's full-scale invasion, the Kremlin is grappling with serious economic problems as Ukraine inflicts significant damage on targets inside Russia. Bloomberg's Melanie Boeff reports. #ukraine #russia #putin #news
Read more: https://www.bloomberg.com/news/features/2026-08-21/how-putin-s-war-shapes-ukraine-35-years-after-independence-in-1991
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- Title
- US Eyes China Overcapacity Tariffs of 7.5% Before Xi Visits
- Runtime
- 0:19
- Date posted
- 1 month ago
- Description
- The US is set to impose a 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity before a planned summit between Xi Jinping and Donald Trump. #trump #china #usa #news #tariffs
The move would restore Trump's second-term duties on China to around 20%, a level Beijing has previously said is consistent with its trade truce with Washington.
Exact rates have yet to be finalized, with one option under consideration being announcing a higher duty rate for China but suspending part of it to reduce the effective rate to 7.5%.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/us-eyes-china-overcapacity-tariffs-of-7-5-before-xi-trump-talks
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- Title
- US to Hike Canada Auto Tariffs to 50% as Trade War Escalates
- Runtime
- 0:19
- Date posted
- 1 month ago
- Description
- US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts to 50%, effective Jan. 1. #trump #canada #news #tariffs #usa #politics
The latest tariff threat comes after negotiations between the US and Canada broke down, leading to a 50% levy on billions of dollars worth of Canadian goods.
Trump's threat could significantly disrupt a supply chain between the US and Canada that has become deeply integrated over the past few decades.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/trump-vows-to-double-tariffs-on-canadian-autos-escalating-fight
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- Title
- Ford Urges Canada to Target 'Deep Red' US States With Tariffs
- Runtime
- 0:21
- Date posted
- 1 month ago
- Description
- Ontario Premier Doug Ford said he had a message for Canadian workers after US President Donald Trump on Monday escalated the trade dispute between the two countries again, threatening to impose a 50% tariff on Canadian automobiles, auto parts and steel starting next year: "No matter what President Trump sends our way, we'll have your backs," he said. #canada #trump #news #usa #politics
Responding to Trump's latest tariff announcement during a news conference in Hamilton, Ford said he fully supported Prime Minister Mark Carney's decision to walk away from trade negotiations with the Trump administration on Friday, saying Washington demanded too much in exchange for tariff relief.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/carney-says-us-wants-to-destroy-canada-firms-examines-retaliation-moves
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- Title
- Supreme Court Sides With Trump for Now on Mail Ballot Curbs
- Runtime
- 0:41
- Date posted
- 1 month ago
- Description
- The US Supreme Court sided with President Donald Trump for now over his plan to use the Postal Service to impose broad new restrictions on the distribution of mail ballots. #supremecourt #trump #news #usa
Over dissents from the court’s three liberals, the justices on Monday put on hold one of two Boston federal court rulings that have blocked key parts of Trump’s executive order from being fully implemented ahead of the November midterms.
The high court decision doesn’t guarantee the program will be in place for the November elections, and the dispute could quickly return to the Supreme Court. The emergency request addressed only whether a suit by states challenging the initiative was premature, not whether Trump had authority to impose the rules.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/supreme-court-sides-with-trump-for-now-on-his-mail-ballot-curbs
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- Title
- US Tells Iran’s Trade Partners to Cut Ties or Face Sanctions
- Runtime
- 1:19
- Date posted
- 1 month ago
- Description
- Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of an “economic D-Day” campaign to isolate the country. #trump #iran #usa #news #politics
Bessent said countries will face a specific timeline to shut down links with Iran or face unilateral US punishment, and the US is launching an economic onslaught against Iran’s financial connections around the globe.
The US unveiled sanctions against more than 60 entities, focusing on five of Iran’s “most vital lifelines,” including digital assets, technology, gold, aviation and shipping.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/bessent-pledges-to-isolate-iran-from-global-economy
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- Title
- Canada Rejects US Tariff Deal as Trump Doubles Down
- Runtime
- 1:22
- Date posted
- 1 month ago
- Description
- US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year, escalating the spiraling trade fight between the two economies. #trump #canada #news #usa
Read more: https://www.bloomberg.com/news/live-blog/2026-08-24/canada-s-mark-carney-speaks-in-quebec?srnd=homepage-americas
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- Title
- Bessent Warns Iran Trade Partners to Cut Ties or Face Sanctions
- Runtime
- 1:34
- Date posted
- 1 month ago
- Description
- Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of what he called an “economic D-Day” campaign to isolate the country and end nearly six months of war. #iran #trump #news #usa #politics
President Donald Trump is calling world leaders with “specific requests to cease their interactions with the regime” and countries will face a specific timeline to shut down links with Iran or face unilateral US punishment, Bessent told a press conference.
“We are launching an economic onslaught against Iran’s financial connections around the globe,” Bessent said. He called the move “economic asphyxiation of this regime.”
Read more: https://www.bloomberg.com/news/articles/2026-08-24/bessent-pledges-to-isolate-iran-from-global-economy
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- Title
- Carney: 'Momentum Reversed' on US-Canada Trade Talks
- Runtime
- 0:49
- Date posted
- 1 month ago
- Description
- Canadian PM Mark Carney said Monday there had been progress in US trade negotiations but "momentum reversed." He added that Canada couldn't accept the US deal and the government will focus on building stronger relationships with the rest of the world. #canada #trump #politics #news #usa
Read more: https://www.bloomberg.com/news/live-blog/2026-08-24/canada-s-mark-carney-speaks-in-quebec
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- Title
- UK's Burnham Vows to Help Ukraine Bolster Air Defenses
- Runtime
- 0:37
- Date posted
- 1 month ago
- Description
- UK Prime Minister Andy Burnham vows to help Ukraine bolster its air defenses ahead of the winter. "We're continuing to help on every level and in every possible way." #uk #ukraine #news #politics
Burnham arrived in Ukraine for his first international trip as British prime minister to show he’ll maintain diplomatic and military support for Kyiv.
Burnham will meet Ukrainian President Volodymyr Zelenskyy and co-chair a meeting of Kyiv’s allies alongside German Chancellor Friedrich Merz and French President Emmanuel Macron.
Read more: https://www.bloomberg.com/news/articles/2026-08-23/burnham-enters-world-stage-with-debut-foreign-trip-to-ukraine
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- Title
- Trump Hosts IndyCar Grand Prix for US Birthday Bash
- Runtime
- 0:16
- Date posted
- 1 month ago
- Description
- The Trump administration is hosting an IndyCar race through the capital as part of the president's celebration of the nation's 250th birthday. #trump #usa #news #indycar
President Donald Trump said he wants everyone to be safe and have a good time at the event, which is expected to bring $210 million to the Washington area in tourism dollars.
The Freedom 250 Grand Prix is part of the IndyCar Series and will feature drivers completing 147 laps around a 1.7-mile track in the National Mall.
Read more: https://www.bloomberg.com/news/articles/2026-08-23/indycars-race-in-washington-for-trump-s-us-birthday-festivities
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- Title
- US to Unveil Fresh Iran Sanctions as Rial Hits Record Low
- Runtime
- 0:14
- Date posted
- 1 month ago
- Description
- US Treasury Secretary Scott Bessent is expected to announce a fresh set of economic measures against Iran to end the near six-month war. #trump #iran #news #usa #politics #world
The move may impact some of Iran's largest trading partners, including China, Turkey and India, and will build on already extensive sanctions that have been in place for decades.
Iran's economy is already under immense strain, with annual inflation above 80% and the currency weakened to an all-time low against the dollar, and Tehran has vowed to retaliate against any country that supports Washington's plans.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/us-set-to-unveil-fresh-iran-sanctions-as-rial-hits-record-low
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- Title
- Trump Vows to Double Canadian Auto Tariffs, Escalating Fight
- Runtime
- 0:57
- Date posted
- 1 month ago
- Description
- US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year. #trump #canada #usa #news
The current auto rate is 25% but is applied only to non-US content, and Trump posted that tariffs would rise to 50%, effective Jan. 1.
The latest tariff threat comes after negotiations between the US and Canada broke down, which led to a 50% levy on billions of dollars worth of Canadian goods to take effect.
Read more: https://www.bloomberg.com/news/articles/2026-08-24/trump-vows-to-double-tariffs-on-canadian-autos-escalating-fight
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- Title
- Trump’s Family Wins Preliminary Approval for National Bank
- Runtime
- 0:14
- Date posted
- 1 month ago
- Description
- Donald Trump’s family is on the verge of having its very own bank. #trump #politics #usa #news #bank
The president’s relatives and their business associates have won preliminary approval to start one, riding a wave that doesn’t come around often: It’s now easier than at any time in almost 20 years to get a national bank charter, thanks to the Trump administration’s deregulation push.
Read more: https://www.bloomberg.com/news/features/2026-08-23/trump-s-world-liberty-joins-boom-in-new-us-bank-charters
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- Title
- Canada Hits Back on US Tariffs as Trade Talks Collapse
- Runtime
- 0:24
- Date posted
- 1 month ago
- Description
- The US implemented a new 50% tax on imports of hundreds of Canadian items, which may cut off the world's biggest market for some Canadian enterprises. #canada #usa #trump #news #tariffs
University of Calgary economics professor Trevor Tombe estimated that 90,000 jobs may be lost if the new tariffs persist, and the Canadian dollar fell as much as 0.6% to 1.3840 per US dollar.
Prime Minister Mark Carney announced Canada will respond with counter-tariffs on $20 billion of US products from Sept. 8, and his government has pledged financial help for businesses caught in the crossfire.
Read more: https://www.bloomberg.com/news/articles/2026-08-23/canada-turned-down-a-us-tariff-deal-now-comes-the-economic-cost
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- Title
- Scenes From the 2026 Beijing World Humanoid Robot Games
- Runtime
- 1:05
- Date posted
- 1 month ago
- Description
- The 2026 World Humanoid Robot Games have begun. 666 teams from around the world are competing with more than 2,000 humanoid robots.
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- Title
- Will Singapore’s Baby Push Work as Births Tumble?
- Runtime
- 1:50
- Date posted
- 1 month ago
- Description
- Prime Minister Lawrence Wong’s latest family support package is a familiar strategy for Singapore: make parenthood cheaper and easier in the hope that people will have more children.
The record shows there are limits to how much that can actually achieve.
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- Title
- Skin Cancer Vaccine Trial Shows mRNA Success
- Runtime
- 0:55
- Date posted
- 1 month ago
- Description
- A personalized vaccine developed by Moderna Inc. and Merck & Co. reduced the recurrence of melanoma in a large, late-stage trial, raising expectations for treating the deadliest form of skin cancer. #skincare #cancer #vaccine #news #usa #health
The trial met its main goal as the vaccine, combined with Merck’s immune drug Keytruda, prevented the cancer’s return after it was surgically removed more often than the immunotherapy alone.
The study provides the strongest evidence yet that the mRNA technology will have a successful second act, and the companies will discuss filing for approval with regulators and plan to present the data at an upcoming medical meeting.
Read more: https://www.bloomberg.com/news/articles/2026-08-19/moderna-merck-mrna-shot-helped-cut-melanoma-recurrence-in-big-trial
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- Title
- How Trump’s Tariffs Sent Soup Prices Soaring
- Runtime
- 2:19
- Date posted
- 1 month ago
- Description
- President Trump's political and economic promise to bring factory jobs back to the US remains unfilled after eight years of steel tariffs.
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- Title
- Parents Paying $95,000 for Gap Years to Give Their Kids an Edge
- Runtime
- 1:55
- Date posted
- 1 month ago
- Description
- Parents are paying upwards of $100,000 for premium gap years that offer high-end travel, networking opportunities and unique experiences to help kids stand out in a cutthroat job market. #job #economy #money #usa #news
Read more: https://www.bloomberg.com/news/features/2026-08-20/gap-years-become-a-95-000-investment-in-young-adults-careers
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- Title
- Humanoid Robots Put China Ahead in Tech Race
- Runtime
- 1:25
- Date posted
- 1 month ago
- Description
- China’s humanoid robot makers now control 97% of global shipments, giving Beijing an early lead over US rivals. But can they become everyday tools?
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- Title
- Target Bets on Trendy Snacks and Drinks in Grocery Revamp
- Runtime
- 1:30
- Date posted
- 1 month ago
- Description
- Target has long struggled with its grocery identity: whether it wants to be a discounts-driven everyday chain or a cool zeitgeisty retailer. Its latest big bet indicates it’s chosen the latter. #target #news #usa #shopping
Read more: https://www.bloomberg.com/news/features/2026-08-18/target-grocery-store-bet-aims-to-win-shoppers-with-trendy-makeover
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- Title
- The Diamond Industry Wants You to Buy 'Natural'
- Runtime
- 1:21
- Date posted
- 2 months ago
- Description
- Over the past five years, lab-grown diamonds have shaken his industry to the core. Now, companies like De Beers are battling the avalanche of cheaper, near-identical synthetic gems. #diamond #shopping #jewelry
Read more: https://www.bloomberg.com/news/features/2026-08-18/de-beers-and-the-natural-diamond-industry-face-a-lab-grown-reckoning
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- Title
- India's 'Biotech Queen' Is on a Life-Saving Mission
- Runtime
- 1:25
- Date posted
- 2 months ago
- Description
- In an exclusive interview, Bloomberg’s @haslindatv speaks with India’s ‘Queen of Biotech’, Kiran Mazumdar-Shaw, about drug pricing and her mission to deliver life-saving therapies to patients.
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- Title
- Rising Temperatures Threaten Top US Fishing Spots
- Runtime
- 2:31
- Date posted
- 2 months ago
- Description
- Dwindling snowpack has long been a problem for the US ski industry. Now it’s putting some of the most prized angling destinations in the West at risk. #fishing #fish #wedding #usa #news
Read more: https://www.bloomberg.com/news/features/2026-08-20/climate-change-and-rising-temperatures-threaten-america-s-fishing-destinations?srnd=homepage-americas
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- Title
- Can AI Solve Online Shopping's Biggest Problem?
- Runtime
- 1:19
- Date posted
- 2 months ago
- Description
- Buying clothes online can leave shoppers frustrated and retailers drowning in returned goods. Now brands hope that AI-powered tools will deliver the perfect fit.
Read more: https://www.bloomberg.com/news/articles/2026-08-21/zalando-zara-use-ai-virtual-try-ons-to-tackle-clothing-returns
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- Title
- Amazon Is in the Crosshairs of Mamdani’s Worker Agenda
- Runtime
- 2:03
- Date posted
- 2 months ago
- Description
- A New York City bill calls for the company to hire thousands of contract couriers. Amazon says the proposal will make delivery pricier and slower. #newyork #nyc #mamdani #news #amazon
Bloomberg reporters Spencer Soper and Josh Eidelson join Sarah Holder to discuss why New York City Mayor Zohran Mamdani is challenging the subcontractor model Amazon relies on for last-mile deliveries — and how the move could challenge corporate America’s reliance on subcontractors more broadly.
Read more: https://www.bloomberg.com/news/features/2026-08-11/amazon-is-in-the-crosshairs-of-mamdani-s-nyc-worker-agenda
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- Title
- Mixed Data Offers Fed Room to Wait | Presented by CME Group
- Runtime
- 1:20
- Date posted
- 2 months ago
- Description
- Weak jobs data and two consecutive cooler inflation readings have sharply reduced the likelihood of a September rate hike. But with inflation above the Fed’s 2% target for more than five years, could updated projections point to tighter policy later in 2026? Presented by @cmegroup
https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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- Title
- Is a September Rate Hike Now Off the Table? | Presented by CME Group
- Runtime
- 1:36
- Date posted
- 2 months ago
- Description
- Following a tepid jobs report and easing inflation, the probability of a September rate hike has slipped from 60% to about 30% in recent weeks. But with headline CPI at 3.4% and energy prices still volatile, is inflation on a sustained path toward 2% or is this just another temporary dip? Presented by @cmegroup
https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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- Title
- Could El Niño Spark a Global Grain Supply Crunch? | Presented by CME Group
- Runtime
- 1:42
- Date posted
- 2 months ago
- Description
- Despite record Brazilian soybean harvests and increased US acreage, global soybean stocks are projected to fall, while corn production is expected to drop by 31 million tons. Could a potentially historic El Niño threaten the next South American crop and tighten global supplies even further? Presented by @cmegroup
https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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- Title
- The Ancient Crop Sorghum Enters the Future | Presented by CME Group
- Runtime
- 1:47
- Date posted
- 2 months ago
- Description
- Drought-hardy and water-efficient, sorghum supports food, livestock feed and biofuel markets. As the world’s largest producer, the US exports more than half its crop. Now, sorghum futures offer investors a way to gain exposure to this increasingly important global market. Presented by @cmegroup
https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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- Title
- MAGA Inc.’s War Chest Climbs to $404 Million After Zero Spending
- Runtime
- 0:20
- Date posted
- 2 months ago
- Description
- President Donald Trump’s super PAC war chest grew to nearly $404 million after getting $3 million in donations and interest payments in July. #trump #news #usa #politics
MAGA Inc.’s total cash-on-hand is the most among federal fundraising committees, built on donations from billionaires including Miriam Adelson, Jeff Yass and Marc Andreessen.
MAGA Inc. spent just $132,000 in July, mostly on operating costs, compliance professionals, fundraising and bank charges, and has so far spent just $2.3 million to influence elections on behalf of Republican candidates this cycle.
Read more: https://www.bloomberg.com/news/articles/2026-08-21/maga-inc-s-war-chest-climbs-to-404-million-after-zero-spending
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- Title
- California Democrat Wahab Wins House Race to Succeed Swalwell
- Runtime
- 0:15
- Date posted
- 2 months ago
- Description
- California state Sen. Aisha Wahab prevailed in a special House election to complete the term of ex-Rep. Eric Swalwell, according to the Associated Press. #california #politics #news #usa #trump
Wahab (D) led Melissa Hernandez (D), the president of the Bay Area Rapid Transit Board of Directors, by 53% to 47% in an updated count of the Aug. 18 election vote when the AP called the race Thursday.
Wahab, 39, is the first Muslim and Afghan-American elected to the California Senate and previously served on the Hayward city council, according to her biography. She’ll become the first Afghan-American to serve in Congress.
Read more: https://news.bgov.com/bloomberg-government-news/california-democrat-wahab-wins-house-race-to-succeed-swalwell
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- Title
- Melania Trump Announces Fostering the Future Expansion
- Runtime
- 1:19
- Date posted
- 2 months ago
- Description
- US President Donald Trump and First Lady Melania Trump hosted a Fostering the Future event at the White House, announcing more US colleges have joined the program. #trump #politics #usa #news #fox #melaniatrump
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- Title
- China Sentences Evergrande’s Hui to Life in Prison
- Runtime
- 1:29
- Date posted
- 2 months ago
- Description
- China Evergrande Group’s founder Hui Ka Yan has been sentenced to life in prison, bringing an end to one of the most dramatic rise and fall stories in China’s corporate history. #china #news #asia #worldnews
Hui was sentenced alongside 56 others involved in Evergrande, including his sons, and his assets will be confiscated, and his companies were fined a combined 15.82 billion yuan.
Hui pleaded guilty in a Chinese court to charges including illegally taking public deposits and fundraising fraud, with authorities concluding that his rise was built on deception, including inflating assets and concealing liabilities.
Read more: https://www.bloomberg.com/news/articles/2026-08-20/china-sentences-evergrande-founder-hui-ka-yan-to-life-in-prison
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- Title
- US Sends Aircraft Carrier to Replace USS Lincoln
- Runtime
- 0:16
- Date posted
- 2 months ago
- Description
- The Pacific-based aircraft carrier USS George Washington has begun heading toward the Middle East as reports have emerged of mental health and supply issues aboard the long-deployed USS Abraham Lincoln. #trump #iran #usa #news #politics #world #military
The Lincoln has been supporting the U.S. war against Iran, and its deployment has included a record-setting uninterrupted time at sea of more than 260 days.
Read more: https://www.bloomberg.com/news/articles/2026-08-16/us-commander-says-mental-health-a-priority-aboard-uss-lincoln
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- Title
- US National Debt Tops Record $40 Trillion
- Runtime
- 0:15
- Date posted
- 2 months ago
- Description
- Total US public debt has surpassed $40 trillion for the first time, with a surge of a third in less than five years. #usa #debt #trump #politics #government #economy #money #news
The Treasury Department is ramping up a buyback program for longer-dated securities to rein-in long-term borrowing costs from multi-year highs.
The rise in US debt is expected to continue, with interest costs now the third-largest part of the budget, and the government getting closer to the statutory debt ceiling of $41.1 trillion.
Read more: https://www.bloomberg.com/news/articles/2026-08-19/us-public-debt-hits-40-trillion-high-raising-doom-loop-risk
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- Title
- Trump Says US Has ‘Come to a Deal With Canada’
- Runtime
- 1:08
- Date posted
- 2 months ago
- Description
- The tentative trade deal between the US and Canada would lower tariffs on certain Canadian exports of steel and aluminum to 25%, according to people familiar with the matter. #trump #canada #tariffs #news #usa #politics
The details have yet to be finalized and are not expected to apply across the board. Different rates could apply to some derivative products that include those metals, said some of the people, who requested anonymity to discuss terms of the agreement before it is announced.
Talks between US and Canadian trade advisers continued Wednesday, less than 24 hours after US President Donald Trump paused planned 50% levies on billions of dollars of Canadian goods to allow more time to negotiate. The planned changes to the metals tariffs could help unlock a lasting deal to avert the broader duties before a Friday deadline.
Read more: https://www.bloomberg.com/news/articles/2026-08-19/us-said-to-halve-tariffs-on-canada-steel-aluminum-in-trad...
- Title
- US Lead in AI Race With China Is Rapidly Narrowing
- Runtime
- 1:42
- Date posted
- 2 months ago
- Description
- China is rapidly catching up to the US in the AI race, especially on price.
But how do Chinese models compare in quality? We put seven models to the test by asking each to build a website for a coffee shop.
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- Title
- HKEX Sees Strong IPO Pipeline With International Firms
- Runtime
- 1:03
- Date posted
- 2 months ago
- Description
- "The attention and interest has earnestly returned to Asia."
The IPO pipeline remains strong with close to 10 international companies, HKEX's CEO Bonnie Chan said in an interview with Bloomberg's Minmin Low.
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- Title
- Trump 'Can't Imagine' Supreme Court Ruling Against Ballroom
- Runtime
- 0:24
- Date posted
- 2 months ago
- Description
- President Donald Trump is trying to build his White House ballroom quickly so the judiciary won’t be able to stop him, a historic preservation group told the US Supreme Court. #trump #whitehouse #news #usa #politics
The National Trust for Historic Preservation in the United States argued the administration is trying to "outrun judicial review" by expediting construction instead of obtaining congressional authorization.
A federal appeals court decision blocking most above-ground construction is set to take effect unless the Supreme Court puts the ruling on hold.
Read more: https://www.bloomberg.com/news/articles/2026-08-18/trump-making-ballroom-fait-accompli-foes-tell-supreme-court
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- Title
- Trump Defends Data Centers Amid Growing Public Backlash
- Runtime
- 0:19
- Date posted
- 2 months ago
- Description
- President Donald Trump strongly defended data centers Wednesday, despite growing public backlash against the rapid buildout. #trump #technology #usa #news #politics
"If I were the mayor of a town or the governor of a state, and I had a chance to get a big plant in, an AI plant or a data center, I would absolutely want it because the jobs are enormous and the money paid, the taxes paid are just enormous," Trump told reporters at the White House.
The president's review is more optimistic than many Americans, who have pushed backed against data centers in their backyard over concerns with the buildings' use of water, electricity or hefty tax breaks for tech companies.
Read more: https://www.bloomberg.com/news/articles/2026-08-19/trump-asks-congress-to-pass-crypto-bill-alongside-executives
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