Bloomberg News and Videos — Page 741

Gen Z is redefining generosity according to GoFundMe. The CEO Tim Cadogan reveals that young people aren't just talking about change they're giving more than any other generation, driven by social connection, identity, and digital sharing. And personal giving is actually boosting nonprofits, not hurting them.

The economy is being propped up by AI says JPMorgan's Gabriela Santos. She joined Bloomberg Open Interest to explain why the labor market is weaker than headlines suggest, how the AI trade has shifted beyond big tech, and why markets keep rallying despite global chaos.

University of Michigan Surveys of Consumers Director Joanne Hsu discusses the persistent consumer pessimism despite stable macro indicators. She says the cost of living and high prices, especially a recent spike in gas prices, remain the dominant concern and are now clearly showing up in weaker demand. She speaks on "Bloomberg Open Interest."

White House National Economic Council Director Kevin Hassett says the April jobs report should not make the Federal Reserve want to raise interest rates. He also talks about bringing down the national debt and President Trump's trip to China next week. He speaks on Bloomberg Open Interest.

Iran "should" provide a response on Friday to the US proposal to end the war, Secretary of State Marco Rubio says. He spoke to reporters in Rome after meeting with Italian Prime Minister Giorgia Meloni.

Rick Rieder, BlackRock's CIO of global fixed income, says US equities are not in a bubble because of capital expenditures and earnings growth on "Bloomberg Open Interest."

Jeffrey Rosenberg, portfolio manager of the Systematic Multi-Strategy Fund at BlackRock, reacts to the April US jobs report as he sees a trade-off in the data between a strong headline number and weakness in income.(Corrects title of guest.)

Jeffrey Rosenberg, portfolio manager of the Systemic Multi-Strategy Fund at BlackRock, reacts to the April US jobs report as he sees a trade-off in the data between a strong headline number and weakness in income.

PGIM Fixed Income Executive Portfolio Advisor Michael Collins says this April jobs report locks in a stalemate at the Federal Reserve and means they are on hold for now. He speaks on "Bloomberg Surveillance."

US employers added 115,000 jobs in April, marking the first back-to-back advance in nearly a year, and the unemployment rate remained unchanged at 4.3%. Bloomberg's Michael McKee has our first read on the report.