Iran's President Calls Out Trump, Disney+ Hikes Prices, More
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What are the latest updates on the US‑Iran talks at the UN?
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News when you want it with Bloomberg News. Now I'm Nathan Hager. Stocks are falling and crude oil has ended its longest losing streak this year as investors wait for details on the latest talks between the US and Iran. Both sides spoke through mediators last night on the sidelines of the UN General Assembly. Bloomberg's Patrick Sykes has more from Istanbul.
We haven't seen any any s firm outcome um from those talks.
How did Iranian President Masood Pazeshk in’s speech criticize President Trump?
Uh it remains to be seen. Is this an isolated thing? Is it just the s is it the start of a new sort of push in this process? Uh Marquis are taking it very optimistically, but I think substantively the only bottom line is simply that it's it's good news that they're talking again.
Bomberg's Patrick Sykes reports President Trump called the three hour session very productive, hours after he threatened Iran with annihilation in his UN General Assembly speech. Iran's president Massood Pazeshkin is addressing the global body this morning.
I had prepared a speech to present to you yesterday the United States president described us as terrorists. We have been the victims of terrorism.
Speaking through an interpreter, Iranian President Masood Pazeshkin called out President Trump by name, saying he doesn't understand the country he seeks to bully, in his words. Secretary of State Marco Rubio says Iran fired at a commercial ship this morning. Speaking to reporters in New York, he said President Trump is imposing costs on Tehran and has military options. Rubio says if there is a deal, it will take hard work and time.
What is the significance of Chinese President Xi Jinping’s upcoming state visit to Washington?
Right now, the SP five hundred is down a half percent, the Dow Jones industrial average is lower by a two tenths of one percent, and the Nasdaq composite is down one point one percent after the Nasdaq one hundred closed yesterday at a new record high. Crude is rising, Brent is up two and a half percent at above one hundred one dollars fifty cents a barrel, West Texas Intermediates near ninety-two dollars, that's a gain of one and a half percent. percent. We're also waiting for the arrival of Chinese President Xi Jinping for his first state visit to Washington in more than a decade. Bloomberg's Bill Ferries reports it will be two days of pageantry for the Chinese leader.
He will have a full state dinner. President Donald Trump is taking the very unusual step of greeting Xi Jinping at the airport upon his arrival. But in terms of the substance, both sides are are keeping a very low profile.
Bloomberg's Bill Ferries reports a who's who of U.S. Tech and financial leaders are scheduled to attend tomorrow night's state dinner. President Xi is not bringing a business delegation. Ahead of the visit, four Republican senators are asking why the Trump administration has yet to approve $14 billion in arm sales to Taiwan.
Why are Republican senators pressing the administration on a $14 billion arms sale to Taiwan?
The letter to Secretary of State Rubio and Defense Secretary Pete Heggseth was signed by Senators Mitch McConnell, John Corning, Lisa. Murkowski and Tom Tillis. Democratic senators are urging President Trump to set up an agreement with She to slow or pause AI development. That's according to a letter from 17 senators led by Maryland's Chris Van Hollen and shared with Politico. The U.S.-backed Board of Peace is proposing a six-month, nearly $2.5 billion reconstruction plan for Gaza. The 66-project blueprint includes. Ambitious infrastructure, education, and health initiatives aimed at supporting President Trump's twenty-point plan to end the Israel Hamas war. The board presented that plan today at the UN General Assembly.
Federal prosecutors have reportedly opened a probe into the executors of Jeffrey Epstein's estate.
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Chapters
7 chapters
1
What are the latest updates on the US‑Iran talks at the UN?
0:00–0:51
2
How did Iranian President Masood Pazeshk in’s speech criticize President Trump?
0:51–2:01
3
What is the significance of Chinese President Xi Jinping’s upcoming state visit to Washington?
2:01–3:10
4
Why are Republican senators pressing the administration on a $14 billion arms sale to Taiwan?
3:10–4:15
5
What new details have emerged in the federal probe into Jeffrey Epstein’s estate executors?
4:15–5:08
6
How are Treasury yields and PMI data shaping expectations for the next Fed rate hike?
5:08–6:07
7
Why is Disney+ raising its ad‑free subscription price and how is the market reacting?
6:07–6:43
Speakers
6 identifiedMore from Bloomberg News Now
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