Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
White House Council of Economic Advisers Chairman Chris Phelan says that inflation is coming down sufficiently fast. Speaking on "Bloomberg The Close," Phelan also adds that he doesn't think the Federal Reserve's last interest rate hike was justified.
Robert Reich, former US secretary of labor and UC Berkeley public policy emeritus professor, says what worries him most about the US economy is stagflation. He talks about kitchen table economics heading into the election on "Bloomberg The Close."
Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss 'A Fabulous Debt' by Robin Wigglesworth and 'These Are The Plunderers' Gretchen Morgenson.
The US Justice Department isn't reopening a criminal investigation into former Federal Reserve Chairman Jerome Powell for cost overruns related to the central bank's building renovation project. During an interview with Bloomberg's Myles Miller, Attorney General Todd Blanche says the department didn't rule out continuing to look into the project's oversight and potentially take action if evidence of wrongdoing came to light.
Bloomberg's Sarah Foster joins Scarlet Fu an Tom Keene on "Bloomberg Money." Heading into the November midterm elections, frustration over affordability issues has largely focused on rising fuel, food and housing costs. But for millions of Americans, those expenses are piling on top of another threat to their household budgets: surging student loan bills.
Bloomberg's Julia Fanzeres joins Scarlet Fu an Tom Keene on "Bloomberg Money." The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs.
Suzy Welch, professor of management practice at New York University, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss Gen Z spending habits and how they don't postpone their joy.
Suzy Welch, professor of management practice at New York University, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss bad career advice and following your passions professionally.
Bond traders are betting so heavily that more interest-rate hikes from the Federal Reserve are on the horizon that even the anticipated slowdown in job growth is unlikely to significantly alter the outlook. Kitty Richards, senior fellow at the Groundwork Collaborative and a former Treasury official, joined Balance of Power and said the biggest problem for families is that "we're seeing real wages continue to decline.
Torsten Slok, chief economist at Apollo, joins Scarlet Fu an Tom Keene on "Bloomberg Money." They discuss economic tailwinds, inflation, the bond market, AI, and private markets.
When markets swing and AI stocks soar, how should everyday investors respond? Edward Jones CEO Penny Pennington joins Bloomberg Open Interest to share what 9 million clients are asking, why diversification still beats FOMO, and how to align your money with real life goals across generations.
