President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court blocked an effort to fire Governor Lisa Cook.
Stocks gained as the latest bout of jitters about the sustainability of the AI-trade eased, with Europe’s benchmark holding near a record high.
Bloomberg has learned that some leading European powers now accept that ships transiting the Strait of Hormuz will have to pay fees to Iran and Oman.
The US and Gulf Arab countries continue to insist that Iran and Oman cannot impose charges of any kind for the Hormuz strait.
Today’s guests: Kokou Agbo-Bloua, SocGen CIB Global Head of Economics, Cross-Asset & Quant Research; Philippe Aghion, Nobel Prize in Economics Winner; Estelle Brachlianoff, Veolia CEO
—
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse
00:00:49 – Hassett: Jobs market on an upward trajectory
00:03:17 – Trump allies push to reshape the Fed
00:06:46 – Kokou Agbo-Bloua, SocGen CIB, Head of Cross-Asset
00:15:12 – Philippe Aghion, Nobel Prize Economist
00:23:47 – Friday headlines
00:24:31 – Lescure: We must have a budget
00:27:43 – Estelle Brachlianoff, Veolia, CEO
00:35:40 – European nations now said to believe some Hormuz fees are inevitable
00:38:34 – Can Cuba’s economy survive Trump?
00:41:19 – Private credit keeps $14 billion trapped
00:44:51 – The Big Take: Putin’s Choice for $60 Billion Space Revival Uses Musk as Model
——–
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 from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts