Chancellor of the Exchequer Rachel Reeves has ruled out a UK wealth tax, while also giving one of her strongest commitments yet to abide by campaign pledges not to raise the level of several key taxes. Reeves also discussed youth guarantees, the two-child benefit cap, and child poverty with Bloomberg's Lizzy Burden at the Labour Conference in Liverpool.

Chancellor of the Exchequer Rachel Reeves has ruled out a UK wealth tax, while also giving one of her strongest commitments yet to abide by campaign pledges not to raise the level of several key taxes. Reeves also discussed youth guarantees, the two-child benefit cap, and child poverty with Bloomberg's Lizzy Burden at the Labour Conference in Liverpool.

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UK Chancellor Rachel Reeves Talks Rejecting Wealth Tax

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Gary Gensler, former Chair of the Securities and Exchange Commission, says SpaceX’s blockbuster IPO is part of a new era of mega-IPOs, raising questions about valuation, governance and what future AI debuts could look like. He also warns AI models could create a financial stability event and discusses the regulatory fight over prediction markets. He speaks with host Kailey Leinz.

Gary Gensler, former Chair of the Securities and Exchange Commission, says SpaceX&rsquo;s blockbuster IPO is part of a new era of mega-IPOs, raising questions about valuation, governance and what future AI debuts could look like. He also warns AI models could create a financial stability event and discusses the regulatory fight over prediction markets. He speaks with host Kailey Leinz.

Former SEC Chair Gary Gensler Talks SpaceX & Mega IPO Risks 

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Veteran short seller James Chanos says the SpaceX mega IPO is a troubling sign for the broader markets. He says "we're going to shatter" records this year when it comes to IPOs. He speaks to Tom Keene and Scarlet Fu on "Bloomberg Money."

Veteran short seller James Chanos says the SpaceX mega IPO is a troubling sign for the broader markets. He says "we're going to shatter" records this year when it comes to IPOs. He speaks to Tom Keene and Scarlet Fu on "Bloomberg Money."

Jim Chanos Talks SpaceX IPO

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Roughly 7 million barrels of daily oil and fuel shipments are flowing through the Strait of Hormuz, or about half of the volumes stranded at the start of the Iran war, says US Energy Secretary Chris Wright. Speaking during the Bloomberg Energy Executive Briefing in Houston on Friday morning, Wright says the US will fully reopen the waterway with or without Iran’s assistance. At the start of the war in late February, about 20 million barrels of daily shipments were stranded as the strait was effectively shut. Several million barrels were diverted to alternative ports outside the Persian Gulf, leaving about 14 million trapped, Wright says.

Roughly 7 million barrels of daily oil and fuel shipments are flowing through the Strait of Hormuz, or about half of the volumes stranded at the start of the Iran war, says US Energy Secretary Chris Wright. Speaking during the Bloomberg Energy Executive Briefing in Houston on Friday morning, Wright says the US will fully reopen the waterway with or without Iran&rsquo;s assistance. At the start of the war in late February, about 20 million barrels of daily shipments were stranded as the strait was effectively shut. Several million barrels were diverted to alternative ports outside the Persian Gulf, leaving about 14 million trapped, Wright says.

US Energy Secretary Chris Wright Talks Oil Flows Through Strait of Hormuz

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2024c82a-d604-4940-8d24-b467011c48f7/transcript

UK Chancellor Rachel Reeves Talks Rejecting Wealth Tax

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