Bloomberg News Now
Clinton Testifies in Epstein Probe, Trump Wants a Dependent Cuba, More
26 Feb 2026
Chapter 1: What is the main topic discussed in this episode?
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over Ā£10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
News when you want it with Bloomberg News Now. I'm Amy Morris. Former Secretary of State Hillary Clinton is testifying in the House Oversight Committee's Jeffrey Epstein investigation. It's a closed-door deposition at her home in Chappaqua, New York, but she posted her opening statement on X saying she had no idea about the late sex offender's criminal activities and doesn't recall meeting him.
Committee Chair James Comer says he still has a lot of questions.
We know that Jeffrey Epstein said many times in emails that he was the first person to raise money for the Clinton Initiative, the Clinton Foundation. That's not saying anything's illegal, but there are a lot of questions pertaining to Secretary Clinton with respect to Epstein and her relationship with Ghislaine Maxwell.
This is the first of two days of closed-door depositions that will also include former President Bill Clinton, who is scheduled to appear before lawmakers tomorrow. So now Democrats are demanding President Trump follow the Clintons' testimony with his own.
Representative Robert Garcia, the panel's top-ranking Democrat, says the Clintons aren't the only people who should be testifying before this committee.
She's never met Jeffrey Epstein. We have no evidence of her having any interactions with Mr. Epstein. But the Department of Justice continues to lead a White House cover-up. The person who actually appears more times in the file is President Donald Trump. And so let's get President Trump in front of our committee.
Garcia says the House committee's subpoena to a former president sets a precedent. The Trump administration's move to ease fuel shipments to Cuba's private sector is part of a plan to make the island more reliant on the U.S. for supplies, increasing Washington's leverage to bring about political and economic change.
Sources tell Bloomberg the plan is beginning to take shape, although tensions are running high after a speedboat carrying 10 people approached Cuba's north shore and opened fire on Cuban soldiers. The soldiers returned fire, killing four people and wounding six more. The U.S. government is gathering information about that incident. Iran says nuclear talks with the U.S.
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Chapter 2: What are the details of Hillary Clinton's testimony in the Epstein investigation?
NVIDIA suffered its worst stock decline in three months after the company's latest forecast failed to dispel fears of an AI bubble. Investors are seeking stronger assurances that booming AI spending can be maintained, with lingering questions over whether the current AI spending wave can sustain growth beyond the next few years. NVIDIA shares are now more than 5% lower.
The stock retreat deepens as NVIDIA fails to impress its investors. We check the markets for you all day long here at Bloomberg. The S&P 500 is down 0.8%. NASDAQ down 1.6%. The Dow is little changed on the downside. The 10-year Treasury yield at 4.02% and the 2-year yield at 3.44%. Bitcoin is down 2.25%, around $67,000.
Warner Brothers Discovery reported lower fourth quarter sales and earnings, underscoring challenges it's facing as it considers competing takeover bids from Paramount and Netflix. CEO David Sazlov on a call with investors.
We engaged with four bidders, which led to eight price increases and have thus far achieved a 63% increase in value versus the first offer received in September. delivering significant value for WBD shareholders throughout the process.
Warner Brothers shares are a little changed. Weekly jobless claims rose less than expected during the week that included President's Day, 212,000. Economists were looking for 216,000. And continuing claims fell to 1.83 million. Bloomberg's Michael McKee has details.
It looks like what we're seeing is continued low fire, low hire. That's what all the Fed people are talking about. And it doesn't seem to be any indication that we're moving on from that. And we're finally getting to the point now where you're past all the holiday distortions.
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Chapter 3: What questions remain about Clinton's relationship with Jeffrey Epstein?
So you're getting kind of a clean read, more or less.
Bloomberg's Mike McKee. The average 30-year mortgage rate in the U.S. has slipped below 6% for the first time since 2022. That could breathe some life into the coming spring home-selling season, but borrowing costs would have to plunge significantly further to fully unlock the housing market. President Trump can continue work on the White House ballroom.
A Washington federal judge ruled he doesn't have the authority to consider a challenge to the construction, saying the nonprofit National Trust for Historic Preservation didn't properly challenge the president's legal authority.
The judge denied the organization's request to stop the project, but left room for the nonprofit to update its lawsuit with the necessary claim challenging Trump's authority. That's news when you want it with Bloomberg News Now. I'm Amy Morris and this is Bloomberg.
As a place to do business, the UK stands apart. Not because of a single advantage, but a uniquely powerful combination of many. As one of the world's leading financial centres, the UK puts over Ā£10 trillion to work every day, fuelling innovation across every sector. Home to four of the world's top universities, it provides exceptional talent and breakthrough research.
This sits alongside a clear 10-year industrial strategy, unlocking smarter regulation and making it faster and easier to operate. Stability with dynamism. Global connectivity with local depth. It all adds up to greater growth. Visit business.gov.uk slash growth.
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Chapter 4: How is President Trump being pulled into the Epstein testimony discussions?
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