“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Democratic Representative Gwen Moore of Wisconsin says higher gasoline prices are deepening Americans’ cost-of-living squeeze, pushing back on President Donald Trump’s comments that Americans should accept paying “a tiny bit more” at the pump because of the war with Iran. Republican Representative Mike Flood of Nebraska says affordability is a concern he continues to hear from constituents, despite President Donald Trump dismissing the issue as a “hoax.” Democratic Representative Greg Casar of Texas says AI CEOs should testify before Congress about employment and national security concerns surrounding the technology.

Chapters:

00:02:18 Bloomberg’s Nancy Cook on Trump Dismisses Concerns About USS Lincoln Carrier
00:05:20 Representative Gwen Moore (D-WI) on Trump, Affordability & the Economy
00:07:38 Rep. Gwen Moore (D-WI) on Capital Gains Taxes & Cost-of-Living Concerns
00:10:55 Rep. Gwen Moore (D-WI) on Trump Defends Higher Gas Prices Amid Iran War
00:13:28 Rep. Gwen Moore (D-WI) on Democrats, Socialism & the Wisconsin Election
00:15:28 Power Moves: Top Financial Moves
00:18:16 Representative Mike Flood (R-NE) on Affordability & Housing
00:19:48 Rep. Mike Flood (R-NE) on Midterms & the Republican Agenda
00:21:47 Rep. Mike Flood (R-NE) on Housing Reform & When Americans Could See Relief
00:25:26 Rep. Mike Flood (R-NE) on USS Abraham Lincoln & Military Morale
00:28:28 Bloomberg’s Eric Martin on Trump Administration’s New Cuba Strategy
00:32:34 Representative Greg Casar (D-TX) on Congress Raises Alarm Over AI Safety
00:34:16 Rep. Greg Casar (D-TX) on Calls to Slow Down AI Development
00:37:23 Rep. Greg Casar (D-TX) on Proposal to Tax AI Companies
00:38:43 Rep. Greg Casar (D-TX) on Democrats Look Ahead to 2028, Progressives & Socialists
00:43:54 Political Panel Reacts: USS Abraham Lincoln, Inflation, Interest Rates
——–
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The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Puerto Rico Resident Commissioner Rep. Pablo José Hernández Rivera, Royal Observatory Greenwich Planetarium Astronomer Imo Bell, Fmr. Asst. Secretary of State for Political-Military Affairs and Ret. Brig. Gen. Mark Kimmitt, The Atlantic Staff Writer Missy Ryan, Renaissance Macro Head of US Economic Research Neil Dutta, Michigan Rep. Haley Stevens, and Puck News Washington Writer Abby Livingston.

Chapters:
00:00:00 – Bloomberg This Weekend Begins
00:01:27 – News Now with Lisa Mateo
00:04:14 – Iran Makes New List of Demands to Reopen Strait
00:10:40 – Iran Pressures Us With New Demands as Tehran Says It Is Nearing Deal With Oman
00:18:00 – Lisa Mateo with News Now
00:19:52 – OpenAI Agents Breached Its Own Systems
00:23:43 – How AI is Shaping the Future of Cybersecurity
00:28:38 – OpenAI Shifts Focus to Security Anomaly Response
00:31:30 – Puerto Rico to Ration Water as Drought Continues
00:38:32 – News Now with Lisa Mateo
00:41:31 – Wednesday: Total Solar Eclipse in Western Europe
00:45:25 – Parts of Europe, North America to See Partial Eclipse
00:48:31 – Top of the Hour with Bloomberg This Weekend
00:49:10 – Lisa Mateo with News Now
00:51:49 – Pentagon Ask Defense Firms to Boost Production
01:00:21 – WAPO: Trump, Hegseth Fight Over Weapons Stockpile
01:03:45 – US Increases Pressure on Cuba
01:06:32 – News Now with Lisa Mateo
01:08:16 – Ukraine’s Struggle to Sustain Operation Against Russia
01:20:01 – Lisa Mateo with News Now
01:21:23 – Next Week: July CPI & PPI Reports on Inflation
01:26:48 – How Will Fed Interpret July Jobs & Inflation Reports?
01:30:02 – MI Lifts Lettuce Warning as Cyclospora Cases Drop
01:33:23 – Salmonella Outbreak Linked to Jalapenos
01:37:02 – Top of the Hour with Bloomberg This Weekend
01:38:39 – Headlines with Lisa Mateo
01:41:09 – Trump: People Are Angry at Republicians, Not at Me
01:44:12 – Poll: More To Vote for Dems if Midterms Were Today
01:46:14 – Rep. Haley Stevens Joins Bloomberg This Weekend
02:02:38 – Multiple Key Primary Elections to Take Place Tuesday
02:12:02 – News Now with Lisa Mateo
02:13:33 – Analysis: Cases Dropped After DC Federal Surge
02:22:02 – BTW with Lisa Mateo

——–
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In September, Seoul’s fine dining scene got a big boost with the premiere of hit Netflix cooking competition Culinary Class Wars. @sunny_newsiee reports on how the show continues to influence Korean diners and increase revenue for operators https://trib.al/NAw8ik5

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Oil extended gains after a report that Iran attacked “hostile targets” in the Strait of Hormuz. Iranian media also reported that Tehran will seek to bar US and Israeli ships from the waterway. Bloomberg’s Yongchang Chin reports.
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Acting Principal Deputy Assistant Secretary for the Bureau of Near Eastern Affairs Jen Gavito and retired Vice Adm. Robert Harward join Bloomberg This Weekend and offer sharply different assessments of whether escalating US economic pressure can change Iran’s calculus, with Gavito arguing sanctions alone are unlikely to provide an off ramp and Harward saying they can weaken Tehran when combined with political and military pressure.
——–
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