Stocks joined bonds lower as higher oil prices stoked worries about inflationary pressures, which were further bolstered by data showing jump in US business activity at the fastest pace since 2021. Gargi Chaudhuri, Global Chief Investment Strategist at BlackRock, discusses the markets and how investors can be more selective amid a higher rate cycle.
Emerging-market currencies extended losses after the release of figures showing US business activity rose at the fastest pace in more than five years. Bloomberg Intelligence Chief EM Strategist Damian Sassower discusses the US Dollar, EM opportunities, and China's economy ahead of Trump's meeting with Chinese President Xi Jinping.
Anthropic PBC is releasing a new artificial intelligence model called Claude Opus 5.5 that is similar to Fable 5.1. Anthropic says this model is faster and costs less to use. The Claude maker is expected to hold its initial public offering as soon as this fall. Bloomberg's Rachel Metz reports.
Tom Nides, vice chairman of strategy and client relations at Blackstone, talks with Dani Burger on "Bloomberg Deals." They discuss global dealmaking, China, Canada, AI and data center "anxiety."
Traders are shielding themselves from the possibility that the Federal Reserve raises interest rates less than markets are currently pricing in. Interest-rate swaps now reflect expectations for three quarter-point rate rises by next June, a view that solidified after central bank policymakers voted last week to raise their lending benchmark by a quarter point and signaled more increases will be needed to keep inflation at bay. Phoebe White, Rates Strategist at UBS, discusses the path of rates and how many rate hikes we could see heading into 2027.
Goldman retail analyst Kate McShane joins Bloomberg Open Interest to unpack how inflation, higher gas prices and ongoing supply chain issues are reshaping the retail landscape. She explains why big players like Walmart have an edge, how value-seeking behavior is spreading across all income levels, and what it means for this year's holiday season.
PG&E CEO Patti Poppe joins Bloomberg Open Interest to warn that without fast wildfire liability reform, Californians will face slower housing growth, delayed clean energy and AI power, and higher long term costs as customers, not insurers, shoulder catastrophic wildfire risk.
Ben & Jerry's CEO Jochanan Senf joins Bloomberg Open Interest to reveal how a values-driven ice cream brand balances profit, activism and product quality. From a three-part mission to voter rights campaigns and fair-trade ingredients, he explains how the company grows sales while doubling down on democracy and social justice.
Ben & Jerry's CEO Jochanan Senf joins Bloomberg Open Interest to reveal how a values-driven ice cream brand balances profit, activism and product quality. From a three-part mission to voter rights campaigns and fair-trade ingredients, he explains how the company grows sales while doubling down on democracy and social justice.
Just Capital CEO Martin Whittaker breaks down what Americans really think about AI and why 87% want stronger safety rules, how AI is becoming a decisive voting issue, and why trust and fairness will determine whether AI strengthens or breaks our democracy.
David Rubenstein, Co-founder and Co-Chairman at The Carlyle Group, discusses the world of sports investing and his new book: "Inside the Owner's Box: Conversations on Power and Leadership in Sports."
On this episode of Stock Movers: - McDonald's (MCD) shares are moving on news the company's earmarking roughly $8.5 billion to help franchisees implement a multiyear plan to serve better food, improve service and make restaurants easier to run. - Cracker Barrel (CBRL) shares are gaining after the restaurant chain provided an adjusted Ebitda forecast for fiscal 2027 that beat the average analyst estimate. - KBHomes (KBH) shares are dropping after the homebuilder lowered the upper end of its housing revenue forecast for the full year. The company also cut its housing gross profit margin for 2026.
