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Andrew Brandt on MLB Salary Cap Fight as World Series Begins

Andrew Brandt says the Brewers and Rays reaching the World Series despite ranking 19th and 26th in payroll, respectively shows how strong management, scouting and player development can compete with high spending. He calls the matchup evidence for the players' union that success is possible without a salary cap, while cautioning that owners may dismiss it as an unsustainable exception: smaller-market teams have little margin for error and can lose players to wealthier clubs in free agency. He speaks with Romaine Bostick on "The Close."

Read more: Andrew Brandt on MLB Salary Cap Fight as World Series Begins
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Financial

The Points Guy CEO: People Are Leveraging Loyalty

Brian Kelly discusses findings from The Points Guy's State of Loyalty report, saying its focus is on where consumer trust and loyalty are growing not simply whether people are loyal overall. Fuel and dining programs posted 88% consumer satisfaction, which Kelly links to rising everyday costs: consumers are using rewards for immediate savings while wages stagnate and expenses climb. He speaks with Romaine Bostick on "The Close."

Read more: The Points Guy CEO: People Are Leveraging Loyalty
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Financial

Consumers to Ramp up Holiday Spending This Year: KPMG

Julia Wilson, Principal of Consumer and Retail Strategy at KPMG US, discusses the firm's holiday survey, which projects spending will increase 5% year over year. She says much of the rise reflects higher prices, though consumers are still willing to spend on priorities. She speaks to Romaine Bostick on "The Close."

Read more: Consumers to Ramp up Holiday Spending This Year: KPMG
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Teneo's Kajiwara on Market Positioning Amid Midterms

Kevin Kajiwara, Co-President of Political Risk Advisory at Teneo, says the market impact of the coming midterm elections will depend partly on how contentious they are. He identifies affordability as a central issue, linking tariffs and wars to higher fuel costs, while noting that rising interest rates and worsening fiscal conditions are also weighing on the outlook. He speaks with Romaine Bostick on "The Close."

Read more: Teneo's Kajiwara on Market Positioning Amid Midterms
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Financial

Robin Wigglesworth on the Importance of Curiosity

Barry speaks with Robin Wigglesworth, editor of Financial Times' Alphaville blog and author of the new book 'A Fabulous Debt: The Epic Story of How Bonds Built the Modern World'. They discuss the bond market as the engine of the global economy, why the 30-year mortgage is "a miracle of the modern world," and when we should actually start worrying about US debt.

Read more: Robin Wigglesworth on the Importance of Curiosity