G7 to Release Diesel Fuel Stocks, Latest on FlyDubai Pilot, More
Summary
Bloomberg News Now covers the G7's agreement to release fuel stocks, easing diesel prices and concerns over a US export ban. The episode reports that the DOJ will not reopen a criminal probe into Fed Chair Jerome Powell despite renovation cost overruns. A disappointing US jobs report suggests the Fed may hold rates in October, while Paramount sold $52 billion in debt to fund its Warner Bros. Discovery takeover. Additional stories include the FlyDubai pilot incident, a Cornell University rape case investigation, and a cyberattack on an oil supertanker.
Topics discussed
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G7 plans release of 100M barrels of oil stocks
US diesel futures drop; DOJ drops Powell probe
Fed building cost overruns: No criminal wrongdoing found
US jobs report disappoints; Fed rate hike odds shift
Market reaction to jobs data and Fed outlook
Paramount sells $52B in debt to fund Warner Bros. deal
FlyDubai pilot had prior ban for radical views
FAA clears Boeing 737 MAX software issue as non-safety risk
Trump expected to name Jay Clayton as AI czar
NY AG appointed to probe Cornell gang rape allegations
Hackers accessed propulsion system of oil supertanker
Stocks rise on speculation Fed will not hike rates
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