Bloomberg Television News & Politics

Kalshi Says It’s Not Running a Casino, Responds to NY Attorney General 0 (0)

Robert DeNault, Kalshi’s head of enforcement and legal counsel, responded to a lawsuit brought New York State, saying that he is concerned about overreach coming from Attorney General Letitia James’s office. DeNault defended Kalshi’s operations saying that his company is platforming open marketplaces, not functioning as a casino or a sportsbook. ——– Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android [See More…]

Bloomberg Television News & Politics

Jefferies Gets New Evidence of Fake Invoices at Troubled Fund 0 (0)

Jeffries has found new evidence that invoices underpinning its financing to an iron ore trader called Sapphire Minmetals Corp. are fake. This discovery comes after Jeffries was already reviewing its exposure to iron ore trader Radiant World, after reports that documents provided to financers were not valid. Bloomberg’s Sri Natarajan reports. ——– Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto [See More…]

Bloomberg Television News & Politics

Key Takeaways From the First SpaceX Earnings Report 0 (0)

SpaceX’s revenue exceeded Wall Street’s expectations in the company’s first quarterly financial report following its blockbuster initial public offering in June. Elon Musk’s satellite, space and artificial intelligence conglomerate reported revenue of $7.8 billion on Tuesday, greater than than the $6.81 billion analysts polled by Bloomberg estimated on average. It also unveiled an operating loss of $1.26 billion from its AI business, better than the consensus for a loss of $2.39 billion. SpaceX’s eagerly awaited quarterly results cap a roller coaster ride since the company raised $86 billion in the largest stock-market debut of all time. Its shares have since plunged in a bout [See More…]

Bloomberg Television News & Politics

New Jersey Says 6,600 Noncitizens were mistakenly registered to vote 0 (0)

New Jersey Governor Mikie Sherrill said about 6,600 people who identified themselves as noncitizens were registered to vote between June 2023 and June 2024 due to a software error in the state’s motor vehicle system, an admission that could fan Republican claims about voter fraud. Bloomberg News Senior Reporter Myles Miller reports. ——– Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the [See More…]

Bloomberg Television News & Politics

Senate Confirms Warsh to Lead Federal Reserve by Vote of 54-45 0 (0)

The Senate confirmed Kevin Warsh as chair of the Federal Reserve with a 54-45 vote, the slimmest confirmation margin ever for a head of the central bank. Mike McKee reports. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More [See More…]

Bloomberg Television News & Politics

Trump Announces Three-Day Russia, Ukraine Ceasefire 0 (0)

President Donald Trump says there will be a ceasefire between Russia and Ukraine from May 9-11. It coincides with Russia’s Victory Day celebrations. Moscow had been pushing for this deal. Bloomberg’s Jeff Mason reports from the White House. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: [See More…]

Bloomberg Television News & Politics

Iran Is Desperate, But Regime Won’t Change, Bremmer Says 0 (0)

Eurasia Group’s Ian Bremmer says President Donald Trump doesn’t have the ability to reopen the Strait of Hormuz right now. But he does say Iran is desperate. He speaks to Joe Mathieu and Carol Massar at the Milken Global Conference. ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: [See More…]

Bloomberg Television News & Politics

Stocks Hit Record Highs After Strait of Hormuz Is Declared Open | Closing Bell 0 (0)

This is comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. Stocks surged Friday, sending the Nasdaq 100 Index to its longest winning streak since 2013, as Iran reopened the vital Strait of Hormuz and President Donald Trump said a deal to end the seven-week war could be finalized soon. The S&P 500 closed 1.2% higher, extending a five-day advance that’s pushed it back over January’s record high, and the Dow Jones Industrial Average jumped 1.8%. ——– More on Bloomberg Television and Markets Like [See More…]