Dan Schwartzman

Trump said nine members agreed to pledge $7 billion for the Gaza relief package, while the U.S.

will donate $10 billion.

Trump talked about possible peace in the region.

The president also says Hamas will be harshly met if they don't give up weapons.

Disgraced former Prince Andrew, the brother of the U.K.

's King Charles III, was arrested on suspicion of misconduct in public office after further details emerged about his relationship with convicted sex offender Jeffrey Epstein.

Bloomberg's Tiwa Adebayo talks about the fall of the former prince.

That's Bloomberg's Tiwa Adebayo in London.

And in an interview on Bloomberg TV on Thursday, co-chief executive officer of Netflix, Ted Sarandos, gave more details into the bidding war for Warner Bros.

Discovery with Paramount Skydance, owned by the Ellison family, who claim they can close the sale faster than Netflix.

Sarandos also says Netflix bid to acquire Warner Brothers Discovery will lead to more films being released in theaters, something that Hollywood has been complaining about.

Federal Reserve Bank of Minneapolis President Neil Kashkari says recent comments by National Economic Council Director Kevin Hassett, which are critical of a New York Fed study on tariffs, undermines the central bank's independence.

Kashkari says the comments were, quote, just another step to try to compromise the Fed's independence.

Hassett had called this study, which showed U.S.

companies were bearing most of the burden from President Trump's tariff hikes, an embarrassment.

Despite all the tariffs, the U.S.

trade deficit widening in December to $70.3 billion, resulting in a full-year deficit of just over $900 billion, one of the largest in data back to 1960.

The trade data was notably volatile in 2025 due to persistent tariff announcements from President Trump.

Gold and pharmaceutical imports were particularly choppy as companies raced to beat higher duties.

Bloomberg's Michael McKee on what this could mean for tomorrow's GDP numbers.