Jobless Claims Rise Less Than Expected, Iran Talks, Nvidia, More
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What are the latest updates on U.S. jobless claims?
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News when you want it with Bloomberg News Now. I'm Karen Moscow.
What is the current status of U.S.-Iran nuclear talks?
Let's begin with some breaking economic news with applications for U.S. unemployment benefits rising by less than expected last week, indicating that layoffs remain relatively low. Initial claims increased by 4,000 to 212,000 in the week ending February 21st. The period included the President's Day holiday. Continuing claims, a proxy for the number of people receiving benefits declined to 1.83 million in the previous week. A third round of nuclear talks between the U.S.
How is the Cuban government responding to recent incidents?
and Iran underway in Geneva. Bloomberg's Yamada Bersetchi reports President Trump has given Tehran until March 6th at the latest to reach a deal.
The U.S. undergoing a maximalist approach have been pushing Iran for a zero enrichment policy. Iran have responded saying that they are entitled as being a member to the NPT treaty, the nonproliferation treaty. to a token level enrichment for civilian purposes.
What implications does Hillary Clinton's testimony have for the Epstein investigation?
So we have to see whether there's going to be some leeway from the U.S. 's perspective on allowing for that quote-unquote token enrichment.
And Bloomberg's Yamana Bersetchi reports these talks come as the U.S. continues a large military buildup in the Middle East. Right now, negotiators are on a break and they'll resume their discussions this evening. The U.S.
What challenges is Warner Brothers Discovery facing in the media landscape?
said it will conduct an investigation after Cuba said it got into a deadly shootout off its northern coast with a speedboat registered in Florida. Bloomberg's Laura Davison has more.
What the Cuban government has said is that there was a speedboat licensed in Florida with 10 people aboard who were armed, who had Molotov cocktails, weapons, other things. And the Cuban government says they were headed toward Cuba to commit acts of terrorism. The Cuban government shot and killed four of those individuals. The other six were
What is Nvidia's sales outlook and its impact on the tech market?
are injured.
Bloomberg's Laura Davison, a U.S. official, told the New York Times the people on the vessel were trying to get relatives out of Cuba and no U.S. Navy or Coast Guard ships were involved. Former Secretary of State Hillary Clinton will testify before U.S. House lawmakers in New York today.
How are layoffs affecting major companies like eBay?
It's part of a congressional investigation into convicted sex offender Jeffrey Epstein. and marks the start of two days of closed-door depositions that will include former President Bill Clinton. The depositions are in the Clintons' hometown of Chappaqua, north of New York City. Hillary Clinton has said the Democratic couple's knowledge of Epstein is very limited. Bill Clinton has not been accused of wrongdoing in his relationship with Epstein, but Republicans have long wanted to press the Clintons for answers. World Economic Forum CEO Borga Brenda is stepping down. The organization opened an investigation earlier this month into his ties to Jeffrey Epstein. Bloomberg's David Gurra reports it's the latest fallout from the late sex offenders' connections to global elites.
We saw that Larry Summers, the former Harvard president, Harvard professor, stepping down from teaching at that institution yesterday as a result of him being in these files as well. So we are seeing the fallout from that kind of ripple across, yes, the U.S. and around the world and continue to do so.
Bloomberg's David Gurra reports Brenda did not mention Epstein in the statement announcing his resignation, only saying that after careful consideration, he has decided to step down. Warner Brothers Discovery reported lower fourth quarter sales and earnings, underscoring the challenges the media giant is confronting as it weighs competing takeover bids from rival entertainment companies. The results come in the middle of a contentious bidding war over one of Hollywood's iconic studios.
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Chapters
7 chapters
1
What are the latest updates on U.S. jobless claims?
0:00–0:33
2
What is the current status of U.S.-Iran nuclear talks?
0:33–1:01
3
How is the Cuban government responding to recent incidents?
1:01–1:26
4
What implications does Hillary Clinton's testimony have for the Epstein investigation?
1:26–1:43
5
What challenges is Warner Brothers Discovery facing in the media landscape?
1:43–2:11
6
What is Nvidia's sales outlook and its impact on the tech market?
2:11–2:28
7
How are layoffs affecting major companies like eBay?
2:28–8:06
Speakers
8 identifiedMore from Bloomberg News Now
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