Powell Case Not Reopened, G7 to Release Diesel Fuel Stocks, More
Summary
Bloomberg News Now covers the G7's plan to release 100 million barrels of emergency oil stocks to curb soaring fuel prices, noting Trump's pressure on European allies. The episode also reports that the DOJ will not reopen a criminal probe into Jerome Powell over Fed renovation costs, while disappointing U.S. job data suggests the Fed may hold rates steady in October. Additional stories include the Fly Dubai pilot's prior radicalization ban, a Cornell University rape case investigation, and a cyberattack on an oil supertanker's propulsion system.
Topics discussed
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G7 plans to release 100 million barrels of oil
DOJ will not reopen Jerome Powell investigation
US jobs report shows disappointing 29k hires
Fly Dubai co-pilot had prior radicalization concerns
FAA clears Boeing 737 MAX software issue
Trump names Jay Clayton as AI czar
Cornell gang rape case and state response
Hackers accessed oil supertanker propulsion system
Stocks rise on Fed rate cut speculation
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