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Cannot Have Strong GDP Without Cheap Energy: Eric Trump

American Bitcoin Co-Founder Chief Strategy Officer Eric Trump says he is not a believer in wind power, that there are better forms of energy and believes the US cannot have a strong GDP as a country if you do not have cheap energy.

American Bitcoin Co-Founder Chief Strategy Officer Eric Trump says he is not a believer in wind power, that there are better forms of energy and believes the US cannot have a strong GDP as a country if you do not have cheap energy. He speaks with Romaine Bostick and Tim Stenovec on ‘Bloomberg Markets.’ (Source: Bloomberg)
Bloomberg Markets • Sep 17, 06:24 PM
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New York State Snags PGA Golf Championships in Economic Push

New York is set to host three major PGA golf tournaments in the next few years, providing an economic jolt for Long Island and Rochester communities that’s estimated at half a billion dollars.

New York is set to host three major PGA golf tournaments in the next few years, providing an economic jolt for Long Island and Rochester communities that’s estimated at half a billion dollars.
Bloomberg Markets • Sep 17, 06:24 PM
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Attention Turns to Job Market Amid Anticipated Fed Rate Cut

Emily Dickens, head of government affairs at human resources association SHRM, said one of the biggest issues in the labor market is having enough people with the skills needed for existing and new job roles (Source: Bloomberg).

Emily Dickens, head of government affairs at human resources association SHRM, said one of the biggest issues in the labor market is having enough people with the skills needed for existing and new job roles (Source: Bloomberg)
Bloomberg Markets • Sep 17, 06:24 PM
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Credit Risk Gauge Drops as Fed Re-Enters Rate Cut Cycle

A key measure of credit risk in the US corporate bond market fell Wednesday after the Federal Open Market Committee cut a benchmark interest rate for the first time this year.

A key measure of credit risk in the US corporate bond market fell Wednesday after the Federal Open Market Committee cut a benchmark interest rate for the first time this year.
Bloomberg Markets • Sep 17, 06:24 PM
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Federal Reserve Cuts Interest Rates by a Quarter Point, Expects More Reductions This Year

The Fed has cut interest rates and expects two more reductions this year.

The Fed has cut interest rates and expects two more reductions this year. The Federal Open Market Committee voted 11-1 on Wednesday to cut the target range for the federal funds rate to 4%-4.25%, after holding rates steady for five straight meetings this year. Only one official, the newly-sworn-in Stephen Miran, voted against the decision. He favored a larger, half-point cut. Bloomberg's Michael McKee is at the Fed with more. (Source: Bloomberg)
Bloomberg Markets • Sep 17, 06:24 PM
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Russell 2000 on Track for First Record Since 2021 After Rate Cut

After sitting on the sidelines for most of the record-breaking run in US equities, small-capitalization stocks have finally joined in and ended the drought that started during the pandemic.

After sitting on the sidelines for most of the record-breaking run in US equities, small-capitalization stocks have finally joined in and ended the drought that started during the pandemic.
Bloomberg Markets • Sep 17, 06:24 PM
CAP

Stocks Fall, Bonds Barely Budge as Fed Priced In: Markets Wrap

A widely anticipated Federal Reserve rate reduction failed to boost Wall Street in a significant way, with stocks falling and bonds barely budging after the central bank provided no major surprises to the market’s aggressive bets on cuts.

A widely anticipated Federal Reserve rate reduction failed to boost Wall Street in a significant way, with stocks falling and bonds barely budging after the central bank provided no major surprises to the market’s aggressive bets on cuts.
Bloomberg Markets • Sep 17, 06:24 PM
CAP

Dollar Touches New 2025 Low as Fed Cuts Interest Rates

Bloomberg’s gauge of the dollar fell to a new low this year as the Federal Reserve cut interest rates on labor market weakness and traders added bets for more monetary easing.

Bloomberg’s gauge of the dollar fell to a new low this year as the Federal Reserve cut interest rates on labor market weakness and traders added bets for more monetary easing.
Bloomberg Markets • Sep 17, 06:24 PM
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Bloomberg Surveillance 9/17/2025

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond.

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Bloomberg Markets • Sep 17, 05:14 PM
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Eric Trump, American Bitcoin CEO on Crypto Demand, Mining

Eric Trump, co-founder of American Bitcoin and the son of US President Donald Trump, and Michael Ho, CEO of American Bitcoin, explain why they are so bullish on Bitcoin and address the concerns surrounding Bitmain and crypto mining.

Eric Trump, co-founder of American Bitcoin and the son of US President Donald Trump, and Michael Ho, CEO of American Bitcoin, explain why they are so bullish on Bitcoin and address the concerns surrounding Bitmain and crypto mining. Speaking on "Bloomberg Markets," Trump says he expects trillions of dollars will be onshored via crypto. (Source: Bloomberg)
Bloomberg Markets • Sep 17, 05:14 PM