Americans' Living Costs Are Top of Mind as Midterms Near
Bloomberg's Lisa Abramowicz breaks down the affordability issues that form the backdrop for the Nov. 3 midterm elections.
Bloomberg's Lisa Abramowicz breaks down the affordability issues that form the backdrop for the Nov. 3 midterm elections.
Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss "Pee Wees: Confessions of a Hockey Parent" by Rich Cohen and "The Stories of John Cheever" by John Cheever.
Bloomberg's Paulina Cachero joins Scarlet Fu and Tom Keene on "Bloomberg Money." For decades, the family playbook was simple: Keep the high-paying New York City job and move to the suburbs across the Hudson River, where a lower cost of living let parents stretch their paycheck. But these days, the New Jersey suburban discount for families is dwindling.
Anastasia Amoroso, chief investment strategist with Partners Group, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the bullish sentiment in the stock market, the potential for volatility in the near future, and rising global yields.
Bloomberg's Sarah Foster joins Scarlet Fu and Tom Keene on "Bloomberg Money." Some savers are questioning whether maxing out their 401(k) is the best strategy, considering factors such as potential tax rate changes and desire for more control over investments.
Peter Orszag, chairman and CEO of Lazard joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss AI, retirement reform, Trump Accounts, and the next generation of investment bankers.
Stephen Moore, former economic advisor to President Trump and Unleash Prosperity chairman, said that Republicans are 'behind the eight ball' on the economy ahead of the midterms, but notes that there is still plenty of time for voters to make up their minds. Moore said that he wouldn't say the US has a 'great' economy but that it is still 'very strong.'
Michelle Brouhard, head of policy and geopolitical risk at trade data firm Kpler, said 'we continue to have high prices in crude' since freight rates are 100 times higher than they were this time last year amid heightened risk in getting oil out of the MidEast. Brouhard also discussed the impact Hurricane Isaias could have on oil as it makes its way through the gulf, saying if refinery capacity is taken out of commission the world could see a 'significant hike' in the price of refined oil products.
Workers running up their AI use, or 'tokenmaxxing,' has given way to value-maxing, but AI spend is still keeping chief financial officers up at night. Bloomberg's Nina Trentmann joins Ed Ludlow on "Bloomberg Tech" for a deep dive into this week's CFO Briefing Newsletter.
Kleiner Perkins partner Ilya Fushman says AI is still in the early stages of reshaping the economy, with opportunities extending from frontier models like Anthropic to consumer agents, autonomous vehicles and robotics. He discusses why the firm sees physical AI as a potential source of the next trillion-dollar companies, the rapid growth of leading private AI businesses, and why he's increasingly optimistic about both the IPO and M&A markets. He joins Ed Ludlow on "Bloomberg Tech."
The Trump administration has suspended Microsoft, Adobe and several other companies and universities from a program used to sponsor foreign workers for permanent residency, citing concerns about potential abuse. Erickson Immigration Group attorney Hiba Anver explains why restrictions on employment-based immigration could have broader implications for the technology industry's talent pipeline. She joins Ed Ludlow on "Bloomberg Tech."
Oracle is using a new power strategy to keep many of its data centers on track: trucking natural gas directly to the server farms. The company is considering using this approach to speed up a build in New Mexico, where a gas pipeline needed to help power one of its crucial data centers is delayed. He joins Ed Ludlow on "Bloomberg Tech."
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