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Reciprocal Tariffs Go In Effect At Midnight | Balance of Power: Late Edition

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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Sen. Jim Justice, Former US Ambassador to China Gary Locke, Groundwork Collaborative Executive Director Lindsay Owens, Rep. Pat Fallon, Friday Reporter Podcast Host Lisa Camooso Miller.

Chapters:
00:00:00 – Balance of Power
00:01:46 – Trump Signs Executive Order on Coal
00:04:15 – Market Update
00:07:24 – Miran on China Policy, Recession
00:10:41 – Jim Justice on Tariffs, Coal Executive Order
00:20:56 – Locke on China, US Trade Relationship
00:28:49 – Scotus Backs Trump on Fed. Worker Firings
00:32:29 – Owens on Upcoming China Tariffs
00:42:52 – Republicans Split Over Trump Tariffs
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S&P Closes Out 6th Straight Week of Gains | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with …

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Trump Announces Three-Day Russia, Ukraine Ceasefire

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President Donald Trump says there will be a ceasefire between Russia and Ukraine from May 9-11. It coincides with Russia’s …

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AI Is Central to ServiceNow Platform, CEO McDermott Says

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“We are a growth company,” ServiceNow Chair and CEO Bill McDermott says while discussing the company’s first-quarter …

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Ruchir Sharma on Why India Seems to Be on the Wrong Side of the AI Trade

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India is being viewed as lagging the global AI trade as investors prioritise chips, compute and infrastructure. Ruchir Sharma explains how low R&D spending and exposure of software and outsourcing jobs are weighing on sentiment. He also outlines potential positives, including strong nominal GDP growth, a valuation reset opportunity, and the chance for India to benefit later as AI adoption shifts toward productivity gains. Rockefeller International Chairman Ruchir Sharma joined Haslinda Amin on Insight with Haslinda Amin.
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US, Iran Forces Clash; Trump’s 10% Tariffs Deemed Unlawful; Jobs Day | Bloomberg Brief 5/8/2026

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Oil wavers after the US and Iran clash near the Strait of Hormuz as Washington awaits Tehran’s response for a potential deal to end the war. A federal trade court declares President Trump’s 10% global tariffs unlawful. Veronica Clark of Citi looks ahead to the April payrolls report.

Chapters:
00:00:00 – Bloomberg Brief
00:00:46 – Global Market Check
00:03:26 – First Look Movers
00:14:25 – Trending on the Terminal
00:16:01 – Wall Street Week: New Zealand’s Brain Drain
00:19:30 – Front Page News
00:22:57 – First Look Movers
00:25:19 – Veronica Clark, Citi US Economist
00:31:37 – Trending on the Terminal
00:41:30 – What to Watch
——–
More on Bloomberg Television and Markets

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