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UK Retail Sales Growth Cools as Budget Fears Offset Black Friday

Black Friday discounts failed to prevent a slowdown in UK retail sales as the Labour government’s budget damaged consumer confidence, according to a report by the British Retail Consortium.

Black Friday discounts failed to prevent a slowdown in UK retail sales as the Labour government’s budget damaged consumer confidence, according to a report by the British Retail Consortium.
Bloomberg Politics • Dec 9, 12:01 AM
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UK Retail Sales Growth Cools as Budget Offsets Black Friday

Black Friday discounts failed to prevent a slowdown in UK retail sales as the Labour government’s budget damaged consumer confidence, according to a report by the British Retail Consortium.

Black Friday discounts failed to prevent a slowdown in UK retail sales as the Labour government’s budget damaged consumer confidence, according to a report by the British Retail Consortium.
Bloomberg Markets • Dec 9, 12:01 AM
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Doesn't Feel Like Peace In Ukraine is Close: Smith

Former US Ambassador to NATO, Julianne Smith, states she doesn't feel like the US is moving any closer to achieving peace in Ukraine.

Former US Ambassador to NATO, Julianne Smith, states she doesn't feel like the US is moving any closer to achieving peace in Ukraine. She talks about President Trump voicing his disappointment that President Zelenskiy hasn't read the latest deal, and that the President needs to put extra pressure on President Putin. Julianne speaks with Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
Bloomberg Politics • Dec 8, 11:49 PM
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This Has Huge Consequences: Sen. Moran on US to Let Nvidia Export Chips to China

Senator Jerry Moran (R-Kansas) states "this has huge consequences" when sharing his initial reaction to hearing President Trump allowing Nvidia to export H200 chips to China.

Senator Jerry Moran (R-Kansas) states "this has huge consequences" when sharing his initial reaction to hearing President Trump allowing Nvidia to export H200 chips to China. Senator Moran talks about this decision being a huge issue for national security, but also the United States needing to be a superpower in AI. He also talks about the President's decision to pay US farmers $12B and if this farm aid signifies that tariffs are harming US farmers.
Bloomberg Politics • Dec 8, 11:27 PM
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Strategist who said passive investing is ‘worse than Marxism’ says AI plays are only making the problem worse

A Wall Street strategist who made a splash a decade ago with a report arguing that the rise of passive investing was “worse than Marxism” has said the problem is even bigger than he initially realized.

A Wall Street strategist who made a splash a decade ago with a report arguing that the rise of passive investing was “worse than Marxism” has said the problem is even bigger than he initially realized.
MarketWatch - Top Stories • Dec 8, 11:25 PM
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US Farmers Say $12 Billion Bailout Won’t End Industry Slump

US growers say the Trump administration’s $12 billion aid package brings temporary relief, but is unlikely to kickstart a lasting recovery for the American farm economy.

US growers say the Trump administration’s $12 billion aid package brings temporary relief, but is unlikely to kickstart a lasting recovery for the American farm economy.
Bloomberg Politics • Dec 8, 11:21 PM
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Mexico to Hike China Tariffs, Raising Hopes of US Steel Relief

Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the US.

Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the US. The move is fueling expectations that it could soon make room for US tariff relief on Mexican steel and aluminum.
Bloomberg Politics • Dec 8, 11:20 PM
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Mexico to Hike China Tariffs, Raising Hopes on US Steel Levy

Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the US.

Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the US. The move is fueling expectations that it could soon make room for US tariff relief on Mexican steel and aluminum.
Bloomberg Politics • Dec 8, 11:20 PM
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Trump Threatens New 5% Tariff on Mexican Goods in Water Fight

President Donald Trump threatened to impose an additional 5% tariff on imports from Mexico if the country did not release water that his administration says must be allowed to flow under a treaty, escalating a fight with a major trading partner.

President Donald Trump threatened to impose an additional 5% tariff on imports from Mexico if the country did not release water that his administration says must be allowed to flow under a treaty, escalating a fight with a major trading partner.
Bloomberg Politics • Dec 8, 11:17 PM
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Trump Threatens 5% Tariff on Mexican Goods in Water Fight

President Donald Trump threatened to impose an additional 5% tariff on imports from Mexico if the country did not release water that his administration says must be allowed to flow under a treaty, escalating a fight with a major trading partner.

President Donald Trump threatened to impose an additional 5% tariff on imports from Mexico if the country did not release water that his administration says must be allowed to flow under a treaty, escalating a fight with a major trading partner.
Bloomberg Politics • Dec 8, 11:17 PM