Bloomberg News and Videos — Page 59

Christopher Hodge, chief US economist at Natixis, expects core CPI to come in slightly softer than forecast and sees inflation continuing to ease. He discusses the impact of higher energy prices, potential labor market weakness and housing pressures, while forecasting one final Fed rate hike in December before the tightening cycle ends. He spoke on Bloomberg Brief.

Morgan Stanley saw third quarter profit rise as the firm's equity traders topped analysts' estimates and a record amount of money was brought in by the bank's wealth-management operation. Kristine Aquino reports on Bloomberg Television.

Bank of America's stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% and equity trading down 10%. Chris Marinac, director of research at Brean Capital, examines the results on "Bloomberg Surveillance."

OpenAI Chief Financial Officer Sarah Friar discusses artificial intelligence security concerns, telling Bloomberg's Tom Mackenzie that the firm is "doubling down" on safety and alignment, and is holding back its next generation model while it carries out checks.

The President of the auto lobby ACEA Ola Källenius, who's also the CEO of Mercedes-Benz Group, welcomed the recent deal to cap the imports of Chinese hybrid vehicles to the EU. He called for a level-playing field and the EU to increase its competitiveness. He spoke with Bloomberg's Oliver Crook in Brussels.

DeepL CEO Jarek Kutylowski discusses surging demand for voice-to-voice translation and how AI is transforming global business. He also addresses competition with OpenAI and Anthropic, DeepL's AWS strategy, European data sovereignty, recent workforce cuts and why the company is comfortable remaining private. He spoke with Bloomberg's Tom Mackenzie, at the International AI Summit in Dublin, Ireland.

Former St. Louis Federal Reserve President James Bullard discusses his outlook for the Fed's policy path through the end of the year on "Bloomberg Surveillance."

Bank of America's stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% to $2.55 billion and equity trading down 10% to $2.51 billion. The bank's results were also hurt by a charge tied to a regulatory penalty over money laundering and sanctions violations. Kristine Aquino reports on Bloomberg Television.

Federal Reserve Vice Chair for Supervision Michelle Bowman said that although inflation remains above the central bank's goal, "I think we have some time to wait and see how financial conditions and the economy evolves." She spoke Wednesday with Institute of International Finance CEO Tim Adams at the IIF Annual Membership Meeting in Bangkok.

Kamal Quadir, the Founder & CEO of bKash, a mobile financial service provider in Bangladesh, says that approval to operate as a digital bank will ease the access to capital for the customers. He spoke to Yvonne Man at Bloomberg's New Economic Forum on AI, banking and more.