September 19, 2025 • 5 mins
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Speaker 1 (00:00):
News when you want it with Bloomberg News Now, I'm
made Kleggy. President Trump is expected to sign a proclamation
that would move to extensively overhaul the H ONEB visa program,
requiring a one hundred thousand dollars fee for applications in
a bid to curb overuse. This according to a White
House official familiar with the matter, the proclamation requires the
(00:21):
payment and asserts that abuse of the H one B
pathway has displaced US workers. The proclamation restricts entry under
the H one B program unless accompanied by the payments.
President Trump said that the US had carried out a
strike in a drug trafficking vessel in international waters, killing
three people on board, part of a campaign against cartels
(00:42):
that have escalated tensions with Venezuela and some other Latin
American nations. It was unclear from Trump's post when the
attack had been carried out, or if he was providing
more details than a previously announced strike. Trump has detailed
two such strikes before and earlier this week, and he
said that that the US had knocked off a third
drug vote from Venezuela, but did not provide additional information
(01:05):
on that strike. A federal prosecutor in Virginia, whose months
long mortgage fraud investigation into New York Attorney General Leticius
James has not resulted in criminal charges, as resigning under
pressure from the Trump administration. Two people familiar with the
matter told the Associated Press this Friday, Eric Seabert is
being replaced as US Attorney for the Eastern District of
(01:25):
Virginia office a man a push by Trump administration officials
to indict James, a perceived adversary of the President who
has successfully suited him for fraud. The people who confirmed
his plans to resign spoken the condition of aditivity because
they were not authorized to discuss the matter. Members of
a federal advisory penal hand selected by Health Secretary Robert F.
Kennedy Junior, voted to and the universal recommendation that people
(01:48):
of all ages get COVID shots, meaning Americans have to
confer with a medical professional before getting a vaccine. COVID
shots have been in the crosshair since Kennedy, a vaccine critic,
was named Health Secretary. Earlier this year, the Health Secretary
unilaterally removed the COVID shot from the list of recommended
vaccines for healthy children and pregnant women. Anagomez, the Loan
(02:09):
Democrat on the US Federal Communications Commission, said President Trump
would not legally be able to make good on threats
to pull TV station licenses over content he doesn't like.
Speaker 2 (02:20):
What we are seeing is this administration use whatever levers
of power it has in order to bring broadcasters to
heal and the news media.
Speaker 1 (02:28):
They have sued The.
Speaker 2 (02:30):
New York Times, they have sued the Wall Street Journal,
They have gone after ABCNBCCBS, and they are pressuring companies
to change how they report the news and what their
content is, in direct violation of the First Amendment, which
guarantees a freedom of speech.
Speaker 1 (02:51):
As the United Nations prepares for the annual arrival of
World leaders, Secretary General Antonio Guterrez said the UN itself
will cope as an organization from reduced United States contributions,
but its role as the world's largest distributor of humanitarian
assistance will be curtailed.
Speaker 3 (03:08):
People impacted by the cuts suffer less food distributed, less
vaccines distributed, less HIVHS treatment distributed. The impact is not
in the UN. The impact is in those that benefit
from the action of our humanitarian and development agencies.
Speaker 1 (03:25):
Oracle is in discussions with Meta Platforms for a cloud
computing deal worth about twenty billion dollars, providing further evidence
that the company has become a significant infrastructure provider. Under
the multi year deal, Oracle would provide the social media
giant with computing power for training and deploying artificial intelligence models.
The total commitment amount may increase, and other deal terms
(03:46):
could still change before a final agreement. Wall Street closed
out a federal reserve decision week with stocks notching fresh records.
We get that story from Bloomberg's Charlie Pellett.
Speaker 3 (03:56):
Three up weeks in a row for the S and
P five hundred index, this week up by one point
two percent. The Dow gained one percent, while NASDAK this
week was up two point two percent. A down friday
for the Russell two thousand indecks of small cap shares
a day after closing it a record for the first
time since twenty twenty one. US stocks aren't trading at
(04:17):
record levels, with earning season right around the corner and
improving expectations for Corporate America's profit growth, indicating that the
rally can keep going. In New York, Charlie Pellet Bloomberg Radio.
Speaker 1 (04:29):
Elon Musk says in a post on x that Xai
is not raising any capital right now. This follows reports
that the company had raised ten billion dollars at a
two hundred billion dollar valuation. The Friday numbers on Wall Street,
the Dow gained one seventy two, Nasdaq was up one sixty.
The s and P added thirty two. The tenure treasury
yields at four point one three percent, the two year
(04:50):
at three point five seven percent. 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'm
made Kleggy. President Trump is expected to sign a proclamation
that would move to extensively overhaul the H ONEB visa program,
requiring a one hundred thousand dollars fee for applications in
a bid to curb overuse. This according to a White
House official familiar with the matter, the proclamation requires the
(00:21):
payment and asserts that abuse of the H one B
pathway has displaced US workers. The proclamation restricts entry under
the H one B program unless accompanied by the payments.
President Trump said that the US had carried out a
strike in a drug trafficking vessel in international waters, killing
three people on board, part of a campaign against cartels
(00:42):
that have escalated tensions with Venezuela and some other Latin
American nations. It was unclear from Trump's post when the
attack had been carried out, or if he was providing
more details than a previously announced strike. Trump has detailed
two such strikes before and earlier this week, and he
said that that the US had knocked off a third
drug vote from Venezuela, but did not provide additional information
(01:05):
on that strike. A federal prosecutor in Virginia, whose months
long mortgage fraud investigation into New York Attorney General Leticius
James has not resulted in criminal charges, as resigning under
pressure from the Trump administration. Two people familiar with the
matter told the Associated Press this Friday, Eric Seabert is
being replaced as US Attorney for the Eastern District of
(01:25):
Virginia office a man a push by Trump administration officials
to indict James, a perceived adversary of the President who
has successfully suited him for fraud. The people who confirmed
his plans to resign spoken the condition of aditivity because
they were not authorized to discuss the matter. Members of
a federal advisory penal hand selected by Health Secretary Robert F.
Kennedy Junior, voted to and the universal recommendation that people
(01:48):
of all ages get COVID shots, meaning Americans have to
confer with a medical professional before getting a vaccine. COVID
shots have been in the crosshair since Kennedy, a vaccine critic,
was named Health Secretary. Earlier this year, the Health Secretary
unilaterally removed the COVID shot from the list of recommended
vaccines for healthy children and pregnant women. Anagomez, the Loan
(02:09):
Democrat on the US Federal Communications Commission, said President Trump
would not legally be able to make good on threats
to pull TV station licenses over content he doesn't like.
Speaker 2 (02:20):
What we are seeing is this administration use whatever levers
of power it has in order to bring broadcasters to
heal and the news media.
Speaker 1 (02:28):
They have sued The.
Speaker 2 (02:30):
New York Times, they have sued the Wall Street Journal,
They have gone after ABCNBCCBS, and they are pressuring companies
to change how they report the news and what their
content is, in direct violation of the First Amendment, which
guarantees a freedom of speech.
Speaker 1 (02:51):
As the United Nations prepares for the annual arrival of
World leaders, Secretary General Antonio Guterrez said the UN itself
will cope as an organization from reduced United States contributions,
but its role as the world's largest distributor of humanitarian
assistance will be curtailed.
Speaker 3 (03:08):
People impacted by the cuts suffer less food distributed, less
vaccines distributed, less HIVHS treatment distributed. The impact is not
in the UN. The impact is in those that benefit
from the action of our humanitarian and development agencies.
Speaker 1 (03:25):
Oracle is in discussions with Meta Platforms for a cloud
computing deal worth about twenty billion dollars, providing further evidence
that the company has become a significant infrastructure provider. Under
the multi year deal, Oracle would provide the social media
giant with computing power for training and deploying artificial intelligence models.
The total commitment amount may increase, and other deal terms
(03:46):
could still change before a final agreement. Wall Street closed
out a federal reserve decision week with stocks notching fresh records.
We get that story from Bloomberg's Charlie Pellett.
Speaker 3 (03:56):
Three up weeks in a row for the S and
P five hundred index, this week up by one point
two percent. The Dow gained one percent, while NASDAK this
week was up two point two percent. A down friday
for the Russell two thousand indecks of small cap shares
a day after closing it a record for the first
time since twenty twenty one. US stocks aren't trading at
(04:17):
record levels, with earning season right around the corner and
improving expectations for Corporate America's profit growth, indicating that the
rally can keep going. In New York, Charlie Pellet Bloomberg Radio.
Speaker 1 (04:29):
Elon Musk says in a post on x that Xai
is not raising any capital right now. This follows reports
that the company had raised ten billion dollars at a
two hundred billion dollar valuation. The Friday numbers on Wall Street,
the Dow gained one seventy two, Nasdaq was up one sixty.
The s and P added thirty two. The tenure treasury
yields at four point one three percent, the two year
(04:50):
at three point five seven percent. That's news when you
want it with Bloomberg News. Now, I made Kleggy. This
is Bloomberg
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