Business
Harvard, MIT Presidents Should Step Down, says Virginia Governor
Virginia Governor Glenn Youngkin says Harvard President Claudine Gay and Massachusetts Institute of Technology President Sally Kornbluth should “come under the exact same scrutiny” as University of Pennsylvania President Liz Magill. Magill resigned after testifying before Congress about handling antisemitism on campus. Gay and Kornbluth testified with Magill on Dec. 5. Youngkin speaks to Bloomberg’s Annmarie Hordern in Washington.
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Business
McCaul Pushes Patriot Production in Ukraine
Rep. Michael McCaul says Ukraine is gaining momentum on the battlefield but urgently needs more Patriot interceptors and stronger air defenses to counter Russia’s escalating missile attacks. He urges deeper US-Ukraine defense cooperation, including licensed Patriot production and joint drone development, while arguing sustained military pressure offers the best path to negotiations with Russia.
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Business
Nasdaq 100 Fluctuates Amid Geopolitical Tensions | The Close 7/8/2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Nuveen Head of Fixed Income Strategy Tony Rodriguez, State Street Global Head of Gold Strategy Aakash Doshi, Coresight Research Founder & CEO Deborah Weinswig, Principal Venture Partners Founder & Managing Partner Songyee Yoon, Alphasimplex Chief Research Strategist Katy Kaminski, Principal Asset Management Chief Investment Officer & Global Head of Equities George Maris, Morgan Stanley Equity Research Managing Director Alex Straton, MNTN CEO Mark Douglas, & Former HUD Sectretary Henry Cisneros.
Chapters:
00:00:00 Bloomberg The Close
00:01:12 Fed Minutes, Inflation Fears & Rising Treasury Yields
00:03:26 Nuveen on Bonds, Inflation & AI Debt Issuance
00:10:14 State Street on Gold, Geopolitics & the Fed
00:16:21 Top Calls
00:17:40 Levi’s Earnings Preview: Beyond Denim Growth Strategy
00:23:22 AI Infrastructure: Are Hyperscalers Overspending?
00:30:53 Stock of the Hour: Alibaba’s AI & Cloud Comeback
00:36:39 AlphaSimplex on Volatility, Oil & Inflation Risks
00:43:13 Closing Bell
00:46:35 Energy Stocks Rally While Airlines & Travel Sink
00:54:21 Post-Close: Tech Volatility and AI Leadership
00:56:30 Principal Asset Management on Navigating Market Volatility
01:02:05 Levi’s Earnings Beat: Guidance Raised
01:02:35 Morgan Stanley’s Retail Outlook for Earnings Season
01:08:28 Meta’s Cloud Ambitions & AI Infrastructure Debate
01:20:27 Toyota Expands U.S. Manufacturing in Texas
01:28:26 What to Watch
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Business
Jersey City Shadowed by 15% Tax Hike as Boomtown Faces Reckoning
Bloomberg’s Nic Querolo joins Katie Greifeld on “Bloomberg Real Yield.” After decades of drawing in tens of thousands of new residents as gleaming apartment towers rose near the Hudson River waterfront across from Manhattan, Jersey City has suddenly found itself teetering on the financial brink.
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Business
Bruce Richards: Only SpaceX can build data centers in space
“The next for them will obviously be data centers in space… And there’s only one company in the world that can pull that off, SpaceX,” says Marathon Asset Management CEO Bruce Richards.
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Business
How Fox Avoided the Streaming Arms Race
Media veteran Michael Wolf discusses Allen & Company’s annual Sun Valley Conference and breaks down the mega deals that are reshaping the entertainment industry. He explains why free ad-supported content is the unsung winner of the streaming wars, and digs into the ways AI is changing the value of content.
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@blackrocks8413
December 21, 2023 at 5:41 am
Dr Gay, cheated on her works to get a position, she is full of double standards. … she's arrogant. Wait that is likely what they look for in College presidents
@eniselmenic5056
December 21, 2023 at 5:41 am
if this is your view then the bible must be banned on campus. the bible says god will end the Jews. sorry but there is no "context" allowed.
So will you ban the bible, or is there "context"?
@santhithomas4623
December 21, 2023 at 5:41 am
Stop funding for all the Universities that supports Anti-Semitism and the jihadi terror groups like Hamas. No scholarships for these students. Elect new Presidents for these universities immediately.
@davidhornback2138
December 21, 2023 at 5:41 am
Yep
@JETEXECUTIVE
December 21, 2023 at 5:41 am
Congress real reason for going after these schools is to get rid of Diversity and Inclusion. Point Blank Period. They want to take over our Higher Education Institutions to send us back to the Jim Crow Era when only the elites would be admitted to these institutions. But Congress hasn't realized that their is far more foreign money in these schools then US Money (wealthy people from other countries often send there kids to the US for education at prestigious universities) Not to Mention Alumni Money which keeps Nepotism Alive. I'm not anti-sematic but when it comes to Students Young Kids I believe that they all deserve protection and shouldn't be subject to attack whether Black, Asian, Indian, Jewish or Palestinian. Congress failed to even acknowledge the two 20 Year Old Palestinian Students who were Shot in Vermont (off-campus) near the University of Vermont. One of whom were paralyzed. We need to preach inclusion for all and stop making everything about one group of people. Congress needs to get thier hands of our Private and Public institutions. To force colleges to fire their Presidents cause they are not following the ideology of MAGA is scary which moves us many step forward to becoming a dictatorship.
@qarulxira8697
December 21, 2023 at 5:41 am
Really….
What – ridicule…. What about when u insulted a whole pple … n their faith ….
@kirkyyz438
December 21, 2023 at 5:41 am
all these people are paid actors who has the most money wins
@amadisdee6054
December 21, 2023 at 5:41 am
What a bunch of hipocrisy in the USA. Speech is controlled but dropping bombs on the people of GAZA is o.k.
@on2thenextthing
December 21, 2023 at 5:41 am
Proof that woke diversity hires are a bad idea.
@user-yy9hk9od9u
December 21, 2023 at 5:41 am
Yes, they should step down.
@frederickj.hawkins522
December 21, 2023 at 5:41 am
Free Palestine.
@frederickj.hawkins522
December 21, 2023 at 5:41 am
No-one is calling for the genocide of Jews. They are calling for the Jews to stop their genocide of the Palestinians.
@ruthtepper8431
December 21, 2023 at 5:41 am
Claudine Gay, We would like you to resign. Your "Context" does not fit basic moral standards.
@davabaye2656
December 21, 2023 at 5:41 am
Magill is still on campus, this means nothing. I hope students and parents sue the universities and individuals.
@user-ft4sy5vk9t
December 21, 2023 at 5:41 am
The term " from the river to the see " does not mean killing the Jews. The Palestinians mean that the Ashkenazi Jews either have to return to their original countries, or to accept the return of the Palestinians refugee from abroad and establishing a democratic state. History witnesses that WE MUSLIMS have never butchered Jews as the Europeans did. Actually David J. Wasserstein a professor of, Jewish Historic Studies at Vanderbilt University in Nashville, Tennessee : says that .” In the early seventh century C.E. Judaism was in crisis. In the Mediterranean basin it was battered by legal, social, and religious pressure, weak in numbers and culturally almost non-existent. It was also largely cut off from the Jewry of the Persian Empire, in Babylon, present-day Iraq. The future seemed clear: extinction in the West, decline to obscurity in the East. Salvation came from Arabia. Islam conquered the entire Persian Empire and most of the Mediterranean world. Uniting virtually all the world’s Jews in a single state, it gave them legal and religious respectability, economic and social freedoms, and linguistic and cultural conditions that made possible a major renaissance of Judaism and the Jews. The significance of Islam for Jewry has been interpreted very variously since the middle ages and is a source of controversy to this day
@sensibility9478
December 21, 2023 at 5:41 am
We are still waiting on all these Right Wing Pundits to condemn Charlottesville Marchers Chanting "Jews will not Replace Us" Hypocrites
@helpme100
December 21, 2023 at 5:41 am
Im sure everyone wants her to step down , especially when it is that demographic. I believe it is unfortunate more ppl dont support her, nothin' about her statement allows harm of people. Just fear mongering
@missannsitting2246
December 21, 2023 at 5:41 am
But he is quiet on trump 👀 Time for his lies to begin
@hightide4782
December 21, 2023 at 5:41 am
Republicans banned “To Kill a Mockingbird,” “Charlotte’s Web,” “1984,” and others of quality. They said slavery was a benefit to slaves in providing them job training. They forbade classroom discussion about systemic discrimination in US history. They stacked the Supreme Court to deny women the right to control their reproductive lives. And on and on ….
It just goes to show how craven and corrupt so much of the business community has become to associate with a political party like that. It’s beneath contempt.
@jesusromo1571
December 21, 2023 at 5:41 am
Leaders should say what is right an wrong? Do you mean Joe Biden? No thanks 😂
@jesusromo1571
December 21, 2023 at 5:41 am
Leaders should say what is right an wrong? Do you mean Joe Biden? No thanks 😂
@bdpsingapore
December 21, 2023 at 5:41 am
He needs to manage his own State's Institutions.
@Koba_78
December 21, 2023 at 5:41 am
Sad to see them all become victims of their own bs, but serves everyone involved in this sorry saga (including the hedge fund manager and the alum) right. Degenerate society, degenerate arguments, all of them desecrating the memory of victims of Holocaust. They would abhor each and every one of these narcissistic fools and be disgusted by not just the academics, but the alumni filling cases against them while so many innocents have died and are continuing to die at the hands of extremist warmongers from all sides.