The ongoing selloff in China’s megacap technology stocks shows little sign of easing, as investors fret over spiraling spending amid heated competition.
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Bloomberg
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US Representative Maria Elvira Salazar, a Florida Republican, urges the US government to take decisive action against the Cuban regime, describing it as the "mothership of evil" in the Western Hemisphere. She speaks on "Balance of Power: Evening Edition." (Source: Bloomberg)
China set its annual economic growth goal at a range of 4.5% to 5%, the least ambitious expansion target since 1991.
"We’re watching very closely to see if there’s been a little bit too much aggression, frothiness," Goldman Sachs Chair and CEO David Solomon says when asked about credit markets during an interview with Haidi Stroud-Watts on "Bloomberg: The Asia Trade." (Source: Bloomberg)
Steve Moore, Co-Founder of Unleash Prosperity and former Trump Economic Advisor, joins Bloomberg Businessweek Daily to discuss market and inflation expectations as the US continues its military actions in Iran and the surrounding region. Moore weighs in on comments from Minneapolis Fed President Neel Kashkari, who says it's too soon to tell about inflation or rate path expectations due to questions about the duration of the Iran conflict. Moore also discusses President Trump's economic policy, W