TikTok's Social Media Ripple Effect

TikTok's Social Media Ripple Effect

-- Rep. Raja Krishnamoorthi, a Democrat from Illinois, outlines what a potential TikTok ban could mean for other foreign-owned social media apps. He joins Caroline Hyde and Mike Shepard on Bloomberg...
January 15, 2025 at 03:37 pm
Social Media and the Future of Content Moderation

Social Media and the Future of Content Moderation

-- As the fate of TikTok remains up in the air in the US, Renee DiResta of Georgetown's McCourt School of Public Policy discusses where social media may be heading, highlighting middleware,...
January 15, 2025 at 03:23 pm
Blue Origin, SpaceX Ramp Up Launches

Blue Origin, SpaceX Ramp Up Launches

-- The commercial space race heats up as Blue Origin and SpaceX ramp up test flights and launches. Chad Anderson, Space Capital managing partner, discusses the future of the space industry. He joins...
January 15, 2025 at 03:12 pm
Fed's Beige Book Points to Slight to Moderate Growth to End Year

Fed's Beige Book Points to Slight to Moderate Growth to End Year

-- Economic activity in late November and December increased slightly to moderately across the US, the Federal Reserve said in its Beige Book survey of regional business contacts. Prices, meanwhile,...
January 15, 2025 at 02:59 pm
Israel, Hamas Agree to Gaza Ceasefire Deal

Israel, Hamas Agree to Gaza Ceasefire Deal

-- Bloomberg's Mike Shephard discusses Israel and Hamas as they agree to a Gaza ceasefire deal. ...
January 15, 2025 at 02:29 pm
Citi Announces $20B Buyback

Citi Announces $20B Buyback

-- Citigroup Inc. lowered a crucial profitability target central to Chief Executive Officer Jane Fraser's plan to turn around the bank, but offered investors a sweetener in the form of share...
January 15, 2025 at 02:21 pm
Goolsbee 'Pretty Confident' Fed Will Get Inflation to 2%

Goolsbee 'Pretty Confident' Fed Will Get Inflation to 2%

-- Federal Reserve Bank of Chicago President Austan Goolsbee says he's optimistic about taming inflation during remarks at a Wisconsin Bankers Association virtual event. ...
January 15, 2025 at 01:48 pm
Accessing Private Markets With Blockchain-Technology

Accessing Private Markets With Blockchain-Technology

-- Private markets asset manager Hamilton Lane is partnering with the crowdfunding platform Republic to offer retail investors the opportunity to invest in tokenized funds. Hamilton Lane Co-CEO Erik...
January 15, 2025 at 12:29 pm
Apollo Promotes Two Senior Executives, Rowan Is Staying

Apollo Promotes Two Senior Executives, Rowan Is Staying

-- Apollo Global Management Inc. promoted Jim Zelter to president, a new role. He'll be succeeded as co-president of the asset management business by credit chief John Zito. Meanwhile, CEO Marc Rowan...
January 15, 2025 at 11:45 am
BlackRock Inks Its Place as Public-to-Private Behemoth

BlackRock Inks Its Place as Public-to-Private Behemoth

-- BlackRock Inc.'s record inflow of client cash reflects gains in businesses such as ETFs and equity funds, Bloomberg Intelligence analyst Neil Sipes says. But the results also underscore bright...
January 15, 2025 at 11:09 am
American Workers Need to Ask for a Raise, Kelly Says

American Workers Need to Ask for a Raise, Kelly Says

-- David Kelly, chief global strategist at JPMorgan Asset Management, says more Americans should be asking for a raise. He says everybody knows it is hard to find a good employee. Kelly said the...
January 15, 2025 at 10:02 am
US Core CPI Rises Less Than Forecast in December at 0.2%

US Core CPI Rises Less Than Forecast in December at 0.2%

-- US consumer prices eased in December as the so-called core consumer price index increased 0.2% after rising 0.3% four straight months. Michael McKee breaks down the numbers on Bloomberg...
January 15, 2025 at 09:43 am
Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back

Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back

-- Citigroup reported stronger-than-expected Q4 results, with revenue rising across all main business lines and net income beating estimates. Citi will also buy back $20 billion in stock. The bank...
January 15, 2025 at 08:58 am
Goldman Tops Estimates on Record Year for Stock Traders

Goldman Tops Estimates on Record Year for Stock Traders

-- Goldman Sachs saw fourth-quarter profits more than double to $4.1 billion as its equity traders delivered their best year on record. Sonali Basak reports on Bloomberg Television. ...
January 15, 2025 at 08:26 am
JPMorgan Traders Ride Volatility to Record Fourth Quarter

JPMorgan Traders Ride Volatility to Record Fourth Quarter

-- JPMorgan Chase trading revenue rose 21% from a year earlier, jumping to $7.05 billion in the fourth quarter. Fixed-income revenue beat analysts' estimates, while equities-trading revenue fell...
January 15, 2025 at 08:23 am
Bonds Pretty Close to the Buy Zone:  Morgan Stanley's Sheets

Bonds Pretty Close to the Buy Zone: Morgan Stanley's Sheets

-- Andrew Sheets, global head of corporate credit research at Morgan Stanley , explains why his firm thinks bonds are pretty attractive here as investors price in a stronger US economy for longer. ...
January 15, 2025 at 07:17 am
AI Startup Synthesia Hits $2.1B Valuation with New Round

AI Startup Synthesia Hits $2.1B Valuation with New Round

-- Synthesia, an artificial intelligence startup that lets businesses produce lifelike video avatars, is expanding into Japan and Australia after raising $180 million in a funding round making it one...
January 15, 2025 at 06:55 am
'As good as it gets' for UK inflation, says RBC BlueBay's Dowding

'As good as it gets' for UK inflation, says RBC BlueBay's Dowding

-- It's a good number, but this could be as good as it gets for the time being, says Mark Dowding, CIO at RBC BlueBay Asset Management, reacting to the slowdown in UK inflation. The worries around...
January 15, 2025 at 06:37 am
Illegal Miners Trapped in South Africa

Illegal Miners Trapped in South Africa

-- An operation to rescue stranded illegal gold miners in South Africa's North West province has begun, following a months-long standoff. Bloomberg's S'thembile Cele speaks to Jennifer Zabasajja about...
January 15, 2025 at 06:20 am
Barrick Halts Gold Operations in Mali

Barrick Halts Gold Operations in Mali

-- Barrick Gold is suspending mining operations in Mali after the government seized gold stockpiles and issued an arrest warrant for Barrick's CEO. Bloomberg's William Clowes reports from...
January 15, 2025 at 06:11 am