Karen Moscow
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Podcast Appearances
House Republicans have advanced a procedural motion to block a vote on President Trump's tariff agenda, potentially delaying a politically uncomfortable vote on his most prominent economic policy until at least July.
The motion will be taken up by the chamber this week.
House Speaker Mike Johnson said he expected the rule would be approved.
The U.S.
Environmental Protection Agency plans this week to repeal a policy that provides the legal foundation for a raft of rules regulating greenhouse gas emissions.
It would mark President Trump's most consequential retreat from the fight against climate change.
Sources tell Bloomberg a move to scrap the Obama-era endangerment finding, a 2009 scientific determination that greenhouse gases endanger human health and welfare, is expected as early as tomorrow.
The policy underpins rules including federal emission standards for cars and trucks.
Turning to the markets now, and trading begins this morning with stocks at or near record highs.
Chip companies did some of the heavy lifting.
We get more with Bloomberg's John Tucker.
John.
All right, John, thank you.
While Alphabet has received more than seven times orders for the expected $1 billion sale of an ultra-rare 100-year bond,
a landmark transaction in the debt-fueled race for artificial intelligence supremacy.
The 100-year note received the most orders among the five sterling tranches that Alphabet's looking to raise today.
The 100-year note is part of a broader financing spree for Alphabet, which raised funds in U.S.
dollars and is now tapping Swiss francs and the sterling market across different maturities.
CVS Health missing Wall Street profit projections for 2026.
It failed to clear the high bar the market set for the company after saying in December all of its business units would grow this year.