Dan Schwartzman
👤 SpeakerAppearances Over Time
Podcast Appearances
The suit alleges that Harvard for 10 months has failed to hand over the necessary documents and other information to the government.
Harvard has yet to comment on the lawsuit.
We check markets all day long here at Bloomberg.
The Dow up around a third of a percent.
The S&P 500 gaining around two thirds of a percent.
while the Nasdaq is up over four-tenths of one percent.
Norway and Italy are atop the medal count at the Milan Cortina Olympics, with 18 total for both countries, with the U.S.
in third place with 14 total medals.
Norway also leading the world in gold medals one with a total of eight, the U.S.
having just four.
That's news when you want it with Bloomberg News Now.
I'm Dan Schwartzman and this is Bloomberg.
News when you want it with Bloomberg News Now, I'm Dan Schwartzman.
In a bizarre move, the Pentagon added Alibaba, BYD, Baidu, and TP-Link Technologies to a list of companies that aid the Chinese military, but then withdrew it minutes later without explanation.
The companies rejected the inclusion on the list, with Alibaba and Baidu stating they are not military companies and will take legal action to correct the designation.
The move roiled the shares of some of the affected companies, with Alibaba down 2% and Baidu down around 3%.
Consumer prices rose just two tenths of a percent in January, the lowest gain since July, while the core reading that leaves out food and energy came in where economists expected.
Money markets priced in 63 basis points worth of Fed reductions in 2026, bolstering bets for as many as three rate cuts this year.
Despite Republican Senator Tom Tillis holding firm in his vow to block any vote for Fed chair until the Justice Department's probe into the Fed's renovation of its headquarters is completed, Treasury Secretary Scott Bestin said he expects a hearing on former Fed Governor Kevin Warsh's nomination to lead the central bank to still take place.
Tillis, speaking to Bloomberg TV at the Munich Security Conference, says he isn't going to allow a vote to happen.