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Reeves Faces Renewed Calls for Bank Tax, Pulte Ups Cook Scrutiny | The Opening Trade 8/29/2025

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El-Sayed US Tax Dollars Should Not Be Sent to Israel

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Michigan Democratic US Senate candidate Abdul El-Sayed says US dollars should not be sent to Israel. But he says he’ll stand up for Jewish safety in Michigan. He speaks on “Balance of Power.”
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China Urges Japan to Refrain From Joining US Chip Curbs

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China’s foreign minister has urged Japan to refrain from supporting US efforts to suppress the Chinese semiconductor industry. And Japan’s foreign minister has urged his Chinese counterpart to quickly release an employee of Japanese drugmaker Astellas Pharma Inc. detained in China. Jon Herskovitz reports on Bloomberg Television.

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Samsung Overhauls Foldable Phones Ahead of Apple’s Launch

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Samsung revamped its foldable phone lineup, introducing an all-new model aimed at taking the category mainstream and competing with Apple’s imminent entry into the market.
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NBA Suspends Clippers Owner Ballmer After Leonard Salary Probe

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The NBA stripped the Los Angeles Clippers of five first-round draft picks and suspended owner Steve Ballmer for one year after finding the team had circumvented salary cap rules by facilitating sponsorship agreements between outside companies and star player Kawhi Leonard. Randall Williams reports on “Bloomberg The Close.”
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Two Key Reasons Yen Is Suddenly Surging: 3-Minutes MLIV

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Guy Johnson, Tom Mackenzie and Paul Dobson break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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