US-Iran Stalemate, Trump Weighs In On UK Terror Plot, More
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What is the main topic discussed in this episode?
Gain insight on the innovators, disruptors, and tech-driven trends shaping today's complex economy. I'm Carol Massar. And I'm Tim Stenovec.
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News when you want it. With Bloomberg News Now, I'm Karen Moskow. And I'm Alexis Christoforous. Here are the stories we're following today.
Why are US-Iran negotiations stalled over the Strait of Hormuz and Iran’s nuclear program?
All right, Alexis, and we are seeing that on a lack of progress in U.S. Iran talks, Iranian officials have privately expressed pessimism about reaching a deal to end and reopen the Strait of Hormuz before U.S. midterm elections in November. We get more from Bloomberg Middle East. correspondent Abir Abu Omar in Dubai.
You're looking at where diplomacy stands right now and it's pretty much the same uh d position that it was at over the past few months really with no end in sight really for this war. We have some signs to suggest that both of them are willing to come back to the negotiating table, but really at this point it's a question of who blinks first and who kind of succumbs, for the lack of better word, uh to the other's asks.
And Bloomersabir Abu Omar reports that a US official is saying there will be no or will not be a pact with Iran unless issues regarding the country's nuclear program are addressed.
Why did Trump criticize the UK over the release of suspects in an alleged RAF terror plot?
And President Trump is criticizing the UK's decision to release five men held on bail over an alleged terror plot against a Royal Air Force base. Let's get the latest now from Bloomberg's Ewan Potts in Europe. Ewan, good morning.
Alexis and Karen. The release of the suspects arrested over the weekend has sowed confusion about an incident that authorities had described as a serious attempted attack disrupted at a late stage.
Counterterrorism policing says that the men remain under investigation and multiple lines of inquiry are still ongoing. In Brussels, I'm Ewan Potts, Bloomberg Radio.
How are US trade restrictions targeting Canadian goods in the tariff dispute?
The Trump administration's latest trade restrictions block imports of motorcycles, alcoholic beverages, and whey products from Canada in response to retaliatory tariffs imposed by Prime Minister Carney's government on some U.S. goods. The trade affected by the new importance
Which tech leaders are meeting Trump to launch the America.gov website?
Import ban is relatively small, about one billion dollars. The US and Canada exchanged almost nine hundred billion dollars of goods and services in twenty twenty five.
Well, Karen, back here in the US, President Trump is set to host a lunch meeting with tech and AI leaders today to launch a new government website, America.gov. Bloomberg's Amy Morris reports from Washington.
Anthropic CEO Dario Amodei is reportedly among the AI executives expected to attend the lunch meeting with President Trump. Semafor reports Google CEO Sundar Pichai and Meta's Mark Zuckerberg will also attend.gov website is designed to help Americans access federal information and resources. health, space, and agriculture.
How does Kevin Hassett say artificial intelligence will affect jobs, wages, and economic growth?
In Washington, Amy Morris, Bloomberg Radio.
All right, Amy, thank you. White House National Economic Council Director Kevin Hassett is weighing in on artificial intelligence. He says AI will have a beneficial impact on future job growth.
The growth benefit of it is way bigger than you might think. The concerns, of course, are that it's going to change people's jobs, maybe cause some jobs to be replaced. Firms that start using AI see their sales go up a lot, their employment go up a lot, and wages go up a lot because the people are more productive. The firms that don't employ AI start to fail.
And White House National Economic Council Director Kevin Hassett made the comments in an interview with Bloomberg's David Westin at the New York Economic Club. Cash the conversation on the Bloomberg Video Hub at Bloomberg dot com and the Bloomberg Business App.
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–0:39
2
Why are US-Iran negotiations stalled over the Strait of Hormuz and Iran’s nuclear program?
0:39–1:32
3
Why did Trump criticize the UK over the release of suspects in an alleged RAF terror plot?
1:32–2:29
4
How are US trade restrictions targeting Canadian goods in the tariff dispute?
2:29–2:45
5
Which tech leaders are meeting Trump to launch the America.gov website?
2:45–3:34
6
How does Kevin Hassett say artificial intelligence will affect jobs, wages, and economic growth?
3:34–4:36
7
Why is AMD acquiring Fei-Fei Li’s AI startup World Labs for $8.2 billion?
4:36–5:47
8
What happened in the Bears-Eagles game, and what are the latest NFL and MLB updates?
5:47–7:48
Speakers
12 identifiedMore from Bloomberg News Now
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