Leaked Photo Pauses Clinton Hearing, No Deal in US-Iran Talks, More
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The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £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 in Chappaqua, New York, but she posted her opening statement on X saying that she had no idea about the late sex offender's criminal activities and she doesn't remember meeting him. Democratic Representative James Walkinshaw of Virginia says he has more questions, but these would be for President Trump and the Republican Party.
Donald Trump needs to direct Attorney General Bondi to release all the files, to unredact the illegal redactions, and he needs to unequivocally rule out a pardon for 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. Now, Clinton's testimony was paused when Republican Representative Lauren Boebert took a picture of Clinton and leaked it to a conservative influencer who posted it online. That's a violation of House rules. Representative Robert Garcia is the panel's top-ranking Democrat.
Obviously, everybody was very taken aback by the committee rules being essentially not enforced and certainly just broken immediately. That is not acceptable, especially when the secretary said from day one that she wanted the press in the room. The secretary's team continued to demand, even after the incident, to let the press into the room because what was important for her is that her answers to the questions not be edited.
Garcia says President Trump should also be called to give testimony about his relationship with Epstein. The Trump administration's move to ease fuel shipments to Cuba's private sector is all 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 continuing 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 others. The U.S. government is still gathering information about that incident. Iran and the United States have wrapped up hours of indirect negotiations over Tehran's nuclear program and walked away with no deal.
That leaves the danger of another Mideast war on the table as the U.S. is gathering a massive fleet of aircraft and warships in the region. Oman's foreign minister says there's been significant progress but did not elaborate. Oman says technical-level talks will be held next week in Vienna. And Axios posted on social media that the White House envoys, Jared Kushner and Steve Witkoff, were disappointed by what they heard from Iran in today's meeting. Nvidia suffered its worst stock decline in three months after that company's latest forecast failed to dispel fears of an AI bubble.
What happened during Hillary Clinton's testimony in the Epstein investigation?
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 now more than 5% lower. The stock retreat deepens as NVIDIA has failed to impress investors, and we do check the markets for you all day long here at Bloomberg. The S&P 500 down 0.5%, NASDAQ down 1.2%. The Dow is now higher by about one-tenth of 1%. The 10-year Treasury yield at 4.02%, and the 2-year yield at 3.44%. Bitcoin now checking in at 1.6% lower. It's around $67,800. Warner Brothers Discovery reported lower fourth quarter sales and earnings, underscoring the challenges that it faces as it's considering competing takeover bids from Paramount and Netflix.
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