November 29, 2025 • 5 mins
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Speaker 1 (00:01):
News when you want it with Bloomberg News Now I
made Kalgi. President Trump wants airlines to steer clear of Venezuela.
Bloomberg's Monica Ricks reports.
Speaker 2 (00:11):
President Trump says airlines should consider airspace above and surrounding
Venezuela to be closed. He made the statement on True
Social addressing airlines, pilots, drug dealers, and human traffickers. It's
a stark warning as American forces build their presence in
the region and Trump weighs potential action. Just last week,
The New York Times reports Trump and President Nicolas Maduro
(00:33):
spoke by phone to discuss a possible meeting, but never
made plans. The US has been intensifying pressure on the
country for months, though, as part of an anti drug
trafficking operation the Trump administration says is being led by Maludo.
Monica Ricks Bloomberg.
Speaker 1 (00:48):
Radio sales on Black Friday rose from a year earlier,
according to a key data provider, assigned that US consumers
are continuing to spend despite persistent economic concerns. Retail sales
excluding autos and east four point one percent on the
day after Thanksgiving, according to data from MasterCards Spending Pulse
that surpasses last year's three point four percent growth. The figures,
(01:09):
which are not adjusted for inflation, draw from both online
and in person purchases to give a broad view of
economic activity. The data shows you as shoppers resilience amid
higher costs and job market concerns. To appeal to price
sensitive consumers, retailers are offering discounts on a wide range
of goods, although the promotions may not be quite as
deep as in past years. Expectations that the Federal Reserve
(01:33):
will cut interest rates faster than initially anticipated has fueled
a late month rebound on Wall Street. Julia Carnado was
founder and president of Macro Policy Perspectives. It says, the
possibilities are twofold with the market price for several rate
cuts next year.
Speaker 3 (01:49):
I think either we're going to get one and done
because things are stabilizing and growth is going to be
okay and the AI story has enough legs to power
the economy really starting. You know, we're in the early
game turning of the labor market, and the Fed's going
to have to cut not just to neutral, but through
(02:09):
to neutral to an accommodate.
Speaker 4 (02:10):
Interesting.
Speaker 1 (02:11):
Julia Cornado with Macro Policy perspectives. Friday on Bloomberg Surveillance,
Northwestern University joined institutions including Columbia and Brown and reaching
a deal with the Trump administration to close all pending
federal investigations and restore hundreds of millions of dollars in
research funding. The administration will also lift all stop work
orders on terminated federal money and make Northwestern eligible for
(02:33):
future grants and contracts. This, according to a statement on Friday.
As part of the deal, the Suburban and Chicago school
will pay the government seventy five million dollars over three years.
Democrats are looking to give their mid term election chances
are shot in the arm by getting more doctors and
nurses to run for office. Bloomberg's Nathan Hager has more
from Washington.
Speaker 5 (02:53):
The group three fourteen action is recruiting more Democrats to
run from the medical field. It says more than fifty
men medical pros are running this cycle. At least a
half dozen of them are Democrats in competitive districts, The
group's executive director tells Bloomberg Government. The candidates are all
highlighting their opposition to Health Secretary Robert F. Kennedy Junior's
Make America Healthy again agenda with its cuts to Medicaid
(03:16):
and changes to vaccine testing policy in Washington, I'm Nathan
Hager Bloomberg Radio.
Speaker 1 (03:22):
Travel also seems to be a major driver of discounts
this week. The points guy Clint Henderson talked to Bloomberg
about it.
Speaker 4 (03:28):
Pretty Much every single airline has a Black Friday sale
on right now or is planning one for travel Tuesday
Cyber Monday next week. It's a great time to shop
for travel, especially if you have some spring break trips
that can be really expensive. Singapore Airlines, aer LINGUS American
Airlines launched a huge sale today and then all the hotels.
Speaker 1 (03:47):
He says. Some popular destinations include New York, Las Vegas,
and Japan. If kids toys are on your holiday shopping list,
you might want to buy now before they potentially run out.
Bloomberg's Denise Pellegrini explains why one of.
Speaker 6 (04:00):
The nation's leading supply chain experts is warning of a
far thinner toys selection this holiday shopping season. Jason Miller,
professor at the University of Michigan, says shipments of things
like bikes, dolls, and puzzles from China are down sharply
compared to last year. He blames the Trump administration having
slept twenty two percent tariffs on the goods on top
(04:21):
of the apparent drop in selection. Prices may be higher
this year, and while some NLSA prices on gifts may
drop as we get closer to the actual holidays, it's
not clear which toys would still be available.
Speaker 2 (04:33):
Then.
Speaker 6 (04:33):
Denise Pellgreedy Bloomberg Radio.
Speaker 1 (04:35):
Sergey Brinn gave away more than one point one billion
dollars worth of Alphabet stock this week, with most of
the money going to a nonprofit the Google co founder created.
The donation was disclosed Friday in a regulatory filing, which
did not specify who had received the more than three
and a half million shares. According to a spokesperson for
Brynn's family office, roughly one billion in stock is going
(04:56):
to Catalyst four. Brent is also giving about ninety million
to two his family foundation, as well as forty five
million to the Michael J. Fox Foundation. That's news when
you want it with Bloomberg News. Now I made Kleggy.
This is Bloomberg
News when you want it with Bloomberg News Now I
made Kalgi. President Trump wants airlines to steer clear of Venezuela.
Bloomberg's Monica Ricks reports.
Speaker 2 (00:11):
President Trump says airlines should consider airspace above and surrounding
Venezuela to be closed. He made the statement on True
Social addressing airlines, pilots, drug dealers, and human traffickers. It's
a stark warning as American forces build their presence in
the region and Trump weighs potential action. Just last week,
The New York Times reports Trump and President Nicolas Maduro
(00:33):
spoke by phone to discuss a possible meeting, but never
made plans. The US has been intensifying pressure on the
country for months, though, as part of an anti drug
trafficking operation the Trump administration says is being led by Maludo.
Monica Ricks Bloomberg.
Speaker 1 (00:48):
Radio sales on Black Friday rose from a year earlier,
according to a key data provider, assigned that US consumers
are continuing to spend despite persistent economic concerns. Retail sales
excluding autos and east four point one percent on the
day after Thanksgiving, according to data from MasterCards Spending Pulse
that surpasses last year's three point four percent growth. The figures,
(01:09):
which are not adjusted for inflation, draw from both online
and in person purchases to give a broad view of
economic activity. The data shows you as shoppers resilience amid
higher costs and job market concerns. To appeal to price
sensitive consumers, retailers are offering discounts on a wide range
of goods, although the promotions may not be quite as
deep as in past years. Expectations that the Federal Reserve
(01:33):
will cut interest rates faster than initially anticipated has fueled
a late month rebound on Wall Street. Julia Carnado was
founder and president of Macro Policy Perspectives. It says, the
possibilities are twofold with the market price for several rate
cuts next year.
Speaker 3 (01:49):
I think either we're going to get one and done
because things are stabilizing and growth is going to be
okay and the AI story has enough legs to power
the economy really starting. You know, we're in the early
game turning of the labor market, and the Fed's going
to have to cut not just to neutral, but through
(02:09):
to neutral to an accommodate.
Speaker 4 (02:10):
Interesting.
Speaker 1 (02:11):
Julia Cornado with Macro Policy perspectives. Friday on Bloomberg Surveillance,
Northwestern University joined institutions including Columbia and Brown and reaching
a deal with the Trump administration to close all pending
federal investigations and restore hundreds of millions of dollars in
research funding. The administration will also lift all stop work
orders on terminated federal money and make Northwestern eligible for
(02:33):
future grants and contracts. This, according to a statement on Friday.
As part of the deal, the Suburban and Chicago school
will pay the government seventy five million dollars over three years.
Democrats are looking to give their mid term election chances
are shot in the arm by getting more doctors and
nurses to run for office. Bloomberg's Nathan Hager has more
from Washington.
Speaker 5 (02:53):
The group three fourteen action is recruiting more Democrats to
run from the medical field. It says more than fifty
men medical pros are running this cycle. At least a
half dozen of them are Democrats in competitive districts, The
group's executive director tells Bloomberg Government. The candidates are all
highlighting their opposition to Health Secretary Robert F. Kennedy Junior's
Make America Healthy again agenda with its cuts to Medicaid
(03:16):
and changes to vaccine testing policy in Washington, I'm Nathan
Hager Bloomberg Radio.
Speaker 1 (03:22):
Travel also seems to be a major driver of discounts
this week. The points guy Clint Henderson talked to Bloomberg
about it.
Speaker 4 (03:28):
Pretty Much every single airline has a Black Friday sale
on right now or is planning one for travel Tuesday
Cyber Monday next week. It's a great time to shop
for travel, especially if you have some spring break trips
that can be really expensive. Singapore Airlines, aer LINGUS American
Airlines launched a huge sale today and then all the hotels.
Speaker 1 (03:47):
He says. Some popular destinations include New York, Las Vegas,
and Japan. If kids toys are on your holiday shopping list,
you might want to buy now before they potentially run out.
Bloomberg's Denise Pellegrini explains why one of.
Speaker 6 (04:00):
The nation's leading supply chain experts is warning of a
far thinner toys selection this holiday shopping season. Jason Miller,
professor at the University of Michigan, says shipments of things
like bikes, dolls, and puzzles from China are down sharply
compared to last year. He blames the Trump administration having
slept twenty two percent tariffs on the goods on top
(04:21):
of the apparent drop in selection. Prices may be higher
this year, and while some NLSA prices on gifts may
drop as we get closer to the actual holidays, it's
not clear which toys would still be available.
Speaker 2 (04:33):
Then.
Speaker 6 (04:33):
Denise Pellgreedy Bloomberg Radio.
Speaker 1 (04:35):
Sergey Brinn gave away more than one point one billion
dollars worth of Alphabet stock this week, with most of
the money going to a nonprofit the Google co founder created.
The donation was disclosed Friday in a regulatory filing, which
did not specify who had received the more than three
and a half million shares. According to a spokesperson for
Brynn's family office, roughly one billion in stock is going
(04:56):
to Catalyst four. Brent is also giving about ninety million
to two his family foundation, as well as forty five
million to the Michael J. Fox Foundation. That's news when
you want it with Bloomberg News. Now I made Kleggy.
This is Bloomberg
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