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Fed Is Behind the Curve, Says BlackRock’s Rick Rieder

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Corporations Contend With Iran Economic Fallout | Balance of Power: Early Edition 5/06/2026

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On the early edition of Balance of Power, Bloomberg’s Joe Mathieu and Carol Massar discuss the geoeconomics impact of the US war with Iran, as both countries weigh a deal to end the conflict. Joe and Carol also discuss the current sports investment landscape as they talk to celebrated athletes and top league officials. On today’s show, Principal Asset Management chief global strategist Seema Shah, leader for Hogan Lovells’ Government Relations and Public Affairs Practice. Aaron Cutler, Driscoll’s CEO Soren Bjorn, Olympic Gold Medalist Breezy Johnson and chief revenue and philanthropic officer for US Ski & Snowboard Breezy Johnson, administrator for the Centers for Medicare & Medicaid Services Dr. Mehmet Oz, and NASCAR Hall of Famer and Vice Chairman of Henrick Motorsports Jeff Gordon and NASCAR chief operating officer Ben Kennedy.

Chapters:
00:00:01 – Balance of Power: Early Edition Begins
00:00:59 – Seema Shah, Principal Asset Management Chief Global Strategist
00:11:26 – CNN Founder Ted Turner passes away at age 87
00:12:28 – Aaron Cutler, Hogan Lovells, Government Relations & Public Affairs, Practice Leader
00:19:31 – Soren Bjorn, Driscoll’s CEO
00:24:29 – Breezy Johnson, US Olympic Gold Medalist & Trisha Worthington, US Ski & Snowboard Chief Revenue & Philanthropic Officer
00:32:06 – Dr. Mehmet Oz, Centers for Medicaid & Medicare Administrator
00:38:11 – Jeff Gordon, Hendrick Motorsports Vice Chairman & Ben Kennedy, NASCAR Chief Operating Officer
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Stocks Rally, Oil Falls on Iran Deal Hopes; US Gasoline Tops $4.50/Gallon | Bloomberg Brief 5/6/2026

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US equity futures rise and oil drops on optimism that US and Iran may be nearing a peace deal. Yen strengthens to a 10-week high against the dollar, sparking speculation of Japan’s intervention. US gasoline prices top $4.50 a gallon for the first time since July 2022. Strong results from AMD and Super Micro push tech stocks higher. Alphabet leads Keith Lerner of Truist discusses tech stocks driving the rally in equities.

Chapters:
00:00:00 – Bloomberg Brief
00:02:09 – Global Market Check
00:03:17 – First Look Movers
00:13:10 – Trending on the Terminal
00:14:44 – Albert Bourla, Pfizer CEO
00:19:55 – Front Page News
00:23:11 – First Look Movers
00:24:26 – Keith Lerner, Truist CIO & Chief Market Strategist
00:30:29 – Trending on the Terminal
00:41:43 – What to Watch
——–
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Sharapova’s ‘Pretty Tough’ Smashes Podcast Manosphere

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Maria Sharapova made history in 2004, becoming the youngest tennis star to win a Grand Slam since Martina Hingis in 1997. Two decades later, the now hall-of-famer and mom joins Lisa Mateo on Bloomberg This Weekend to discuss venturing into a new arena – serving up compelling interviews for her new podcast ‘Pretty Tough.’
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Why China Blocked Meta’s $2 billion Acquisition of Manus AI

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Beijing blocked Meta’s $2 billion Manus deal. On today’s Big Take Asia podcast, we discuss what the fallout means for Chinese AI startups with global ambitions.
——–
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Bloomberg This Weekend | Trump Reviewing Iran’s Proposal, Spirit Leaves Passengers Scrambling

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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 Chris Sununu, President and CEO of Airlines for America, Thomas Robinson, Domino Data Lab Chief Operating Officer, Maria Sharapova, Tennis Hall of Fame and Host of “Pretty Tough” Podcast, Anna Gomez, Federal Communications Commission Commissioner, Rep. Kevin Kiley (I-CA), Rep. Cleo Fields (D-LA), Abby Livingston, Puck News Reporter, and Ashley Koning, Director of Rutgers Eagleton Center for Public Interest Polling.

Chapters:
00:00:00 – Bloomberg This Weekend Begins
00:01:29 – News Now with Lisa Mateo
00:04:17 – Trump Reviewing Iran’s Peace Plan Proposal
00:12:00 – Spirit Closure Sets Off Scramble for Passengers
00:24:50 – News Now with Lisa Mateo
00:26:38 – Navy Taps Domino Data Lab to Clear Hormuz Mines
00:35:05 – News Now with Lisa Mateo
00:37:04 – Tennis Legend Maria Sharapova on Her New Podcast
00:45:07 – BTW
00:53:17 – News Now with Lisa Mateo
00:56:03 – Panelists on Trump Reviewing Iran’s Peace Plan Proposal
01:09:59 – News Now with Lisa Mateo
01:11:20 – FCC Orders Early ABC License Review
01:23:29 – News Now with Lisa Mateo
01:25:09 – Milken Institute Global Conference Begins Monday
01:33:44 – Humans Named “Claude” Grapple with AI Newcomer
01:41:42 – News Now with Lisa Mateo
01:44:53 – Rep. Kevin Kiley (I-CA) on Iran Conflict
01:54:03 – Rep. Cleo Fields (D-LA) on SCOTUS Decision That Can Reshape 2026 Midterm Map
02:03:49 – Abby Livingston, Puck News Reporter, and Ashley Koning of Rutgers Eagleton Center for Public Interest Polling on Latest Poll Numbers on Trump, Economy
02:15:33 – News Now with Lisa Mateo
02:17:13 – The “Trumpification” of Washington DC
02:25:34 – Pointed
——–
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