Andrew Slimmon, managing director and head of applied equity advisors at Morgan Stanley, says he's happy with what Federal Reserve Chair Kevin Warsh said during his speech at Jackson Hole and he remains consistent. Slimmon says the threat of an interest rate hike is causing a change in leadership in stock markets. He shares more on "Bloomberg The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Lisa Mateo and Tim Stenovec.
Bloomberg's Zijia Song joins Scarlet Fu and Tom Keene on "Bloomberg Money." Almost three-quarters of US adults feel guilty when they spend on things that bring them joy instead of putting the money toward their financial goals.
Bloomberg's Sarah Foster joins Scarlet Fu on "Bloomberg Money." In 2022 Congress tweaked the rules covering 529 plans. Now, people without kids are now able to pour money into those accounts after hitting the annual limits for contributing to their retirement plans treating the 529 as a backdoor for funding a Roth IRA.
Bloomberg's Taylor Nicole Rogers joins Scarlet Fu on "Bloomberg Money." As US employers brace for the largest price hikes on employee health plans in 15 years, a growing number are opting out of group insurance altogether. Instead of providing medical benefits directly, more than 20,000 companies entered Health Reimbursement Arrangements (HRA) in 2026.
Nela Richardson, chief economist & ESG officer with ADP and Bloomberg contributor, joins Scarlet Fu on "Bloomberg Money." They discuss how all parts of the economy are getting more expensive and how Americans are handling rising prices.
Bloomberg's Christina Ruffini joins Scarlet Fu on "Bloomberg Money." They discuss Christina's spendings habits that often center around Frye boots.
Bloomberg's Scarlet Fu, Sarah Foster, and Zijia Song discuss their must-read book on this week's edition of "Bloomberg Money."
Bloomberg's Tom Keene, Lisa Abramowicz, and Michael McKee spoke with a number of financial experts on the sidelines of the Jackson Hole Economic Symposium in Wyoming on Friday, where they broke down the speech from Federal Reserve Chairman Kevin Warsh. In his first appearance as chair from the annual gathering, Warsh said if inflation doesn't meaningfully slow down, policymakers have "work to do."
President Donald Trump said he plans to authorize farmers and ranchers to process their own food, the administration's latest move targeting US meatpackers in an effort to bring down high beef prices. Will Harris Owner and operator of White Oak Pastures joined Balance of Power to discuss this as well as how the Iran War is affecting the farming industry as a whole.
Leela Gray, a Democratic congressional candidate in Florida and retired army brigadier general, said the war with Iran has "achieved nothing but a cost of living crisis." as we hit the sixth month mark of the Iran War.
European Central Bank Governing Council member Martin Kocher says, "the European economy is more resilient than many people think, it is showing some momentum now, more momentum." He discusses his takeaways from Federal Reserve Chairman Kevin Warsh's speech and watching for potential signs of second-round effects in inflation over the coming months. He speaks with Lisa Abramowicz on the sidelines of the Fed's annual economic symposium in Jackson Hole, Wyoming.
