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FAA Chief Defends Flights Cuts During Shutdown, Cites Safety

Cutting flights across 40 major airports during the US government shutdown earlier this year was necessary to protect the safety of the flying public, the head of the US Federal Aviation Administration plans to tell lawmakers on Tuesday.

Cutting flights across 40 major airports during the US government shutdown earlier this year was necessary to protect the safety of the flying public, the head of the US Federal Aviation Administration plans to tell lawmakers on Tuesday.
Bloomberg PoliticsDec 16, 12:00 AM
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Stocks, Bonds and Dollar Waver Ahead of US Jobs Report | The Close 12/15/2025

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Investment Management’s Jim Caron, FDA Commissioner Dr. Marty Makary, Roth Capital Partners’ Bill Kirk, Robinhood Markets’ Johann Kerbrat, Russell Investments’ Kate El-Hillow, Betterment’s Sarah Levy, KPMG’s Diane Swonk, Ford’s Jim Farley, Crow Holding’s Michael Levy, McKissack & McKissack’s Cheryl McKissack Daniel. (Source: Bloomberg)
Bloomberg MarketsDec 15, 11:56 PM
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Skeptical of Russia in Ukraine Peace Deal: Farkas

Evelyn Farkas, Executive Director of the McCain Institute, states it does feel like we are closer to a Ukraine, Russia peace deal due to Ukraine making various concessions.

Evelyn Farkas, Executive Director of the McCain Institute, states it does feel like we are closer to a Ukraine, Russia peace deal due to Ukraine making various concessions. Farkas talks Ukraine backing off joining NATO sometime in the future, if other security guarantees will make this deal happen, and Russia not making a single concession since peace plans started. Evelyn speaks with Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
Bloomberg PoliticsDec 15, 11:46 PM
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Oil Holds Near Lowest Since 2021 With Focus on Ukraine Ceasefire

Oil held near the lowest level since 2021 as traders weighed the outlook for a ceasefire in Ukraine, which could pave the way for fewer curbs on Russian crude flows into an already oversupplied market.

Oil held near the lowest level since 2021 as traders weighed the outlook for a ceasefire in Ukraine, which could pave the way for fewer curbs on Russian crude flows into an already oversupplied market.
Bloomberg MarketsDec 15, 11:35 PM
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Oil Extends Slide After Hitting 2021 Low With Focus on Ukraine

Oil extended declines after hitting the lowest level since 2021 as traders weighed the outlook for a ceasefire in Ukraine, which could pave the way for fewer curbs on Russian crude flows into an oversupplied market.

Oil extended declines after hitting the lowest level since 2021 as traders weighed the outlook for a ceasefire in Ukraine, which could pave the way for fewer curbs on Russian crude flows into an oversupplied market.
Bloomberg MarketsDec 15, 11:35 PM
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Brent Oil Extends Slide Below $60 as Supply Surplus Signs Grow

Oil extended declines, with Brent crude slipping below $60 a barrel for the first time since May, as indications grow that supply is outpacing demand against the backdrop of efforts to end the war in Ukraine.

Oil extended declines, with Brent crude slipping below $60 a barrel for the first time since May, as indications grow that supply is outpacing demand against the backdrop of efforts to end the war in Ukraine.
Bloomberg MarketsDec 15, 11:35 PM
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Brent Oil Slides Below $60 on Signs of Surplus and Peace Talks

Oil extended declines, with Brent crude slipping below $60 a barrel for the first time since May, as indications grow that supply is outpacing demand against the backdrop of efforts to end the war in Ukraine.

Oil extended declines, with Brent crude slipping below $60 a barrel for the first time since May, as indications grow that supply is outpacing demand against the backdrop of efforts to end the war in Ukraine.
Bloomberg MarketsDec 15, 11:35 PM
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Markets Await Payrolls, Retail Sales, and CPI | Bloomberg Businessweek Daily 12/15/2025

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss the release of economic data expected this week and what lies ahead for the Fed in 2026.

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss the release of economic data expected this week and what lies ahead for the Fed in 2026. Bloomberg's Michael McKee and BNP Paribas Head of US Credit Strategy Meghan Robson join the show to break it down. Also on today's show, Chris Palmeri on the Netflix co-CEOs attempting to reassure staff about the company's Warner Brothers deal, and Bloomberg's Michelle Davis on...
Bloomberg PoliticsDec 15, 11:32 PM
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NYC Faces Real Estate ‘Red Tape': McKissack Daniel

Cheryl McKissack Daniel, President and CEO of McKissack and McKissack, says construction in New York City has long been weighed down by red tape.

Cheryl McKissack Daniel, President and CEO of McKissack and McKissack, says construction in New York City has long been weighed down by red tape. She tells Romaine Bostick and Katie Greifeld on “The Close” that the firm is in talks with the city’s new mayor and says the administration understands what needs to change. (Source: Bloomberg)
Bloomberg MarketsDec 15, 11:29 PM
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Gold Steadies After Five-Day Rally as Investors Await Jobs Data

Gold steadied after five days of gains, with investors focused on a raft of US data this week that should offer clues to the Federal Reserve’s appetite for further interest-rate cuts.

Gold steadied after five days of gains, with investors focused on a raft of US data this week that should offer clues to the Federal Reserve’s appetite for further interest-rate cuts.
Bloomberg MarketsDec 15, 11:25 PM
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Gold Pulls Back After Five-Day Rally Ahead of US Jobs Data

Gold fell after five days of gains, as investors booked profits while waiting for a raft of US data this week that should offer clues on the Federal Reserve’s appetite for further interest-rate cuts.

Gold fell after five days of gains, as investors booked profits while waiting for a raft of US data this week that should offer clues on the Federal Reserve’s appetite for further interest-rate cuts.
Bloomberg MarketsDec 15, 11:25 PM
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Uribe’s Party Picks Moderate Candidate for Colombia Election

Colombia’s powerful Centro Democrático party selected Senator Paloma Valencia as its candidate for next year’s presidential elections, signaling a shift toward a more moderate right as it prepares to face President Gustavo Petro’s preferred successor.

Colombia’s powerful Centro Democrático party selected Senator Paloma Valencia as its candidate for next year’s presidential elections, signaling a shift toward a more moderate right as it prepares to face President Gustavo Petro’s preferred successor.
Bloomberg PoliticsDec 15, 11:21 PM
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FDA Commissioner on Covid Vaccine Safety and Men’s Health

FDA Commissioner Dr.

FDA Commissioner Dr. Marty Makary says the agency has no plans to put a black box warning on Covid-19 vaccines. He says a recommendation was made, but it won't be adopted since the vaccines have changed since they first came out. He speaks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Bloomberg MarketsDec 15, 11:06 PM
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Rupee Rout Dims Hopes of a Strong Recovery in Indian Stocks

The Indian rupee’s slide to repeated record lows is finally starting to pinch the equity market, with analysts warning that prolonged weakness could undermine confidence in the nascent recovery of the $5.

The Indian rupee’s slide to repeated record lows is finally starting to pinch the equity market, with analysts warning that prolonged weakness could undermine confidence in the nascent recovery of the $5.2 trillion stock market.
Bloomberg MarketsDec 15, 11:00 PM
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Rupee Rout Dims Hopes of a Strong Recovery in Indian Equities

The Indian rupee’s slide to repeated record lows is starting to pinch the equity market, with analysts warning that prolonged weakness could undermine confidence in the nascent recovery of the $5.

The Indian rupee’s slide to repeated record lows is starting to pinch the equity market, with analysts warning that prolonged weakness could undermine confidence in the nascent recovery of the $5.2 trillion stock market.
Bloomberg MarketsDec 15, 11:00 PM