Former SEC Chair and MIT professor Gary Gensler joins Bloomberg Open Interest to break down how AI could trigger bank stress by shifting deposits, fuel an "AI bubble" retrenchment and expose hidden risks in private equity and credit. He also discusses Anthropic's stark S 1 warnings and what it really signals for investors and financial stability.
Meredith Whitney, CEO of Meredith Whitney Advisory Group, joins Bloomberg Open Interest to break down why the US economy is more fragile than the headlines suggest. We dig into consumer strain, $4 gas pain, AI-fueled wealth concentration, private credit risks, delayed IPOs, and whether AI agents could trigger a bank run.
AI shopping tools are quietly steering buyers to big-box retailers 94% of the time. Lightspeed's CEO Dax Dasilva joins Bloomberg Open Interest to explain why small businesses are disappearing from AI results, and how better prompts and new AI tools could help local shops fight back in the next wave of commerce.
UK Prime Minister Andy Burnham discusses the impact of Brexit on the UK economy and vows to set out different options before finding consensus on Britain's future relationship with the European Union. "Brexit has done more harm than good," Burnham tells delegates at the Labour Party's annual conference in Liverpool.
US consumer confidence fell in September to its lowest level since 2014 as Americans deal with rising gasoline and oil prices. The Conference Board's confidence gauge dropped to 81.9. Bloomberg's Michael McKee reports.
Prime Minister Andy Burnham says the UK will create a commission to review its electoral system. "We will contest the next election with a manifesto commitment to change the electoral system so that everyone's vote counts and everyone's voice is heard," Burnham says at the Labour Party's annual conference in Liverpool.
Anders Persson, fixed income CIO at Nuveen, sees "sort of a toxic mix here that's pushing yields higher and higher" and says his firm is moving more neutral at this point and is "not quite comfortable going long duration yet." He speaks on "Bloomberg Surveillance."
"Britain has been on the wrong path for a long time," Prime Minister Andy Burnham says, speaking at the Labour Party's annual party conference in Liverpool. "I am ready to do things my predecessors wouldn't," he adds. Burnham is seeking to flesh out his longer-term vision for tackling some of the biggest challenges facing the UK.
Dan Ives, partner and senior managing director at Yorkville Ives & Co., talks about why President Donald Trump is gathering tech leaders like Mark Zuckerberg and Nvidia's Jensen Huang at the White House. He also talks about the expected IPO of Anthropic and the debate over how to regulate artificial intelligence. He says too much regulation could give China an advantage. He speaks on "Bloomberg Surveillance."
Dan Ives, partner and senior managing director at Yorkville Ives & Co., examines Anthropic PBC as the company prepares to file its initial public offering and looks at the growing list of concerns surrounding AI.
Colin Purdie, Manulife CIO of Public Markets, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss opportunities in the global bond market amid rising yields.
Edward Yardeni, president at Yardeni Research, says the rise in yields "might be the revenge of the bond vigilantes" and explains why he finds good and bad news in the rapid repricing of the bond market. He speaks on "Bloomberg Surveillance."
