Balance of Power 10/04/24

"Balance of Power" focuses on the intersection of politics and global business. On the show today, Jared Bernstein, White House Council of Economic Advisers Chair, discusses the newest jobs report and its impact on the American people. Bloomberg journalists Amara Omeokwe discusses why it's unlikely that the Fed will make another large cut, Iain Marlow weighs in on world politics, and Tyler Kendall discusses data showing that a recent influx in immigration has helped boost the US labor supply. Jennifer Kavanaugh, Defense Priorities Senior Fellow joins Kailey Leinz on "Balance of Power." Chapters: 00:00:01 - Balance of Power begins 00:01:37 - Council of Economic Advisers Chair on Jobs Report 00:03:00 - Impact of Hurricane Helene on Economy 00:04:34 - Addressing Allegations of Fake Job Report 00:08:03 - Fears of Growing Inflation 00:10:26 - Jobs Report Trims Fed Cut Estimates 00:12:00 - US Dockworkers Suspend Strike 00:13:18 - President Biden on Iran's Oil Fields 00:15:29 - Widening Middle East Conflict and US Leverage 00:19:55 - Impact of Immigration on Jobs Report 00:23:04 - Israel Strikes Hezbollah in Beirut as G-7 Urges Restraint 00:27:10 - US Election Looming Over Middle East Conflict 00:32:39 - Political Panel on Jobs Report 00:35:24 - Political Panel on Potential Harris-led Economy 00:38:19 - Political Panel on Trump Campaign Stop in Butler, PA 00:40:04 - Political Panel on Bruce Springsteen Endorsement of Kamala Harris -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts