Business
Iran War Update: Trump Says There’s No Need to Use Nuclear Weapons (Full Q&A from White House)
President Trump told reporters he would not use a nuclear weapon against Iran and once again said that he doesn’t see conflict with Iran lasting much longer as he took questions at an Oval Office event on drug pricing. Trump told reporters that rising gas prices are not as high as he expected, but warned that Americans will be paying more for gas for a ‘little while.’ The president also commented on the ousting of Navy Secretary James Phelan, saying that conflicts emerged about shipbuilding.
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Business
Vance Delays Swiss Trip for Iran Talks
The US and Iran have postponed the start of their negotiations over a permanent peace deal and restricting the Islamic Republic’s nuclear program. It’s unclear why the talks, meant to be held in Switzerland on Friday, have been delayed. On Thursday, US Vice President JD Vance told reporters at a briefing he believed the technical talks would begin at some point this weekend and that he would travel to Switzerland. Bloomberg’s Abeer Abu Omar reports.
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Business
Lawrence, Kansas Embraces Algerian World Cup Team
The Algerian national soccer team was assigned to Lawrence, Kansas for training and practice during the World Cup and have been met with an enthusiastic reception from local residents. Mayor of Lawrence Brad Finkeldei shares with David Gura and Christina Ruffini on Bloomberg This Weekend the joys of this grassroots cultural exchange and how it strengthens international goodwill.
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Rep. Warnock: Wall Street vs Main Street
Senator Raphael Warnock (D-GA) tells David Gura on Bloomberg This Weekend that the focus of the country should be on how local Main Streets are doing, not on well Wall Street is doing. Watch part one of Senator Warnock’s interview now and tune in to Bloomberg This Weekend tomorrow for part two.
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Markets Rally on Hope for US-Iran Peace Deal | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
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Goldman’s Flood Says Recent Share Sales Signal ‘Healthy’ Market
John Flood, a Goldman Sachs partner, expects the robust demand for recent share sales to continue. Speaking on Bloomberg Television, Flood says Friday’s selloff presents a buying opportunity and thinks there’s a “slight disconnect” between retail and institutional investors.
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