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Stephanie Kelton, professor of public policy and economics at Stony Brook University, discusses potential economic proposals in the upcoming State of the Union address. She speaks with Romaine Bostick on The Close
Catherine Gaffigan, president of health solutions at Elevance Health, says utilization is a key driver of rising health care costs. She tells Romaine Bostick and Kristine Aquino on The Close that factors include an aging population and higher pharmaceutical and hospital expenses.
Colleen Keating, CEO of Planet Fitness, discusses the company's business health, earnings, and outlook with Romaine Bostick and Kristine Aquino on "The Close."
Jim Caron of Morgan Stanley Investment Management Group says there was a reasonable selloff in the software space, but he doesn't think this event will bring down overall markets substantially further.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Tim Stenovec.
Let's talk about all the brands you saw during Super Bowl and why these companies are so ready and willing to drop enormous sums of money to run a commercial during the biggest sporting event of the year. Randall Williams explains on this episode of Sports City
Warner Bros. says this new offer could lead to a better deal than its existing agreement with Netflix Inc., kicking off another potential bidding battle for the famed Hollywood studio. Chris Palmeri has more.
AI-for-accounting startup Basis has raised $100 million from investors at a $1.15 billion valuation. Basis CEO Matt Harpe joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech" to talk about the company's plans and the impact of AI-powered tools.
AI chip startup MatX has raised more than $500 million in a new funding round to produce hardware that competes with Nvidia. CEO Reiner Pope discusses what the funding will be used for and how its AI chips are different from rivals with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Oil is holding near a seven-month high as investors await the next round of US-Iran talks. Prices have climbed this year on concerns about the potential fallout from a US strike on Iran, even as forecasts point to more oil supply than demand later this year. Baker Hughes Chief Executive Officer Lorenzo Simonelli joined Bloomberg Open Interest with his insights and how the company is benefitting from the AI data trade.
Geoffroy van Raemdonck, CEO of Saks Global, discusses his vision for the company with Romaine Bostick on "The Close." He says he aims to build a profitable and sustainable Saks Global, with an initial focus on retail.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. "Unfortunately, we did see this in '05, '06 and '07, almost the same thing the rising tide was lifting all boats, everyone was making a lot of money," Dimon told investors on Monday. Bloomberg's Katherine Chiglinsky breaks down what Dimon said.
