President Donald Trump’s second-term approach to foreign policy shattered historical precedent. If history is any guide, it’s set to be even more unchained now that Democrats will take control of Congress and fight him at home.
Trump's handling of tariffs, the Iran war and an array of Washington-area construction projects are sure to face sudden pushback from newly empowered Democrats.
Democrat Xavier Becerra will become California's next governor. He cruised to victory over Steven Hilton, a former Fox News commentator and Trump ally. Becerra, a former California attorney general, will be the state's first Latino…
New York Attorney General Letitia James appointed a former federal prosecutor to lead the criminal investigation into allegations of a rape at Cornell University in 2024, following through on a promise to bring outside counsel into the…
Global markets reacted mostly favorably to Democrats taking back control of Congress during the US midterm elections. Stocks and bonds rose as the dollar fell. Bloomberg Television spoke to Wall Street experts about how the races are…
While stocks rallied as the Democratic sweep of Congress promises to exert a significant restraint on President Donald Trump, one key corner of the market was left out.
Oil and gas companies need to integrate AI into their operations so that they can extract more fossil fuels—which can then be used to power more AI. That is the pitch that Canada’s leading AI company, Cohere, is making to the oil and gas…
President Donald Trump congratulated Democrats for doing “a good job” after the party inflicted devastating defeats on his Republican allies, winning back both houses of Congress and picking up several governors’ mansions. But the…
Riding a tide of voter angst, Democrats swept into power in Congress, with outrage over the cost of living and the war in Iran leading to a thundering rebuke of President Donald Trump and his party. Gautam Mukunda, lecturer at Yale School…
Markets rallied after Democrats swept control of Congress and scored wins in Texas, but Columbia Business School Professor Abby Joseph Cohen joins Bloomberg Open Interest to talk about why the economic outlook remains uncertain. She points…
Paraguayan President Santiago Peña named veteran economist Raúl Vera Bogado to lead the central bank as the South American nation grapples with a solvency crisis at a major lender with ties to the government.
Bolivia’s Supreme Court President Romer Saucedo said he fled abroad after receiving threats, while prosecutors say he faces at least two criminal investigations and are seeking an international alert for his capture.
Evercore Chairman Emeritus Ralph Schlosstein joined Bloomberg Open Interest to discuss what Democrats’ midterm victories could mean for CEOs, markets and dealmaking. He weighs the outlook for regulation and AI investment, warns that the US…
On this episode of Stock Movers: - Tesla (TSLA) and SpaceX (SPCX) are lower this morning as Elon Musk's companies take a hit after a Democratic sweep in the Midterm elections and the prospect for tighter regulations. - McDonald's (MCD)…
Abby Joseph Cohen, Columbia Business School professor and former Goldman Sachs partner, says the negative effects of legislation already passed have not yet fully emerged. Speaking on "Bloomberg Open Interest," Cohen also says the results…
Florida Governor Ron DeSantis said the blue wave that swept over just about every corner of the US on Election Day — except his state — was akin to a “meteor strike” for the Republican Party.
Vice President JD Vance said voter frustration over the war in Iran and the US-Israel relationship doomed Republicans in the midterm elections, distancing himself from some of President Donald Trump’s policies before a possible 2028 White…
Republicans’ Tuesday night drubbing in midterm elections showed them losing ground with independents as well as Black and Hispanic voters — groups that had moved toward the GOP to help deliver the White House to President Donald Trump only…