Ayako Yoshioka, a Senior Investment Strategist at Wealth Enhancement Group, joins the show to discuss technology's role in the inflation outlook. The segment frames a client conversation around whether technology could help stoke inflation in the near term or, alternatively, contribute to lower prices and cost relief for the broader economy over time. She speaks with Scarlet Fu & Kristine Aquino on "The Close."
Diane Swonk, Chief Economist at KPMG, discusses the August jobs report, which showed U.S. payrolls rising by 162,000, above expectations, while the unemployment rate held steady at 4.1%. The segment also notes revisions to prior figures and points out that the data contain a lot of noise. She speaks with Scarlet Fu & Kristine Aquino on "The Close."
Zscaler CEO Jay Chaudhry said AI is creating a major tailwind for the cybersecurity industry rather than reducing the need for software security. He argued that CEOs, CIOs, and boards want to use AI for productivity and cost savings, but are worried that new AI models could create vulnerabilities, lead to breaches, or cause applications to be hacked or hijacked. He speaks with Scarlet Fu & Kristine Aquino on "The Close."
The US will hold a formal state dinner in honor of President Xi Jinping when the Chinese leader visits Washington later this month, President Donald Trump said. Trump spoke to reporters in the Oval Office on Friday.
President Donald Trump calls the war in Iran "small potatoes" during remarks to reporters at the White House.
President Donald Trump intensifies pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit. He speaks with reporters at the White House.
Bloomberg's Lisa Mateo joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how people are spending their money at the US Open.
Maggie Timoney, CEO of Heinekin USA, said Heinekin's 0.0 nonalcoholic beer has seen success because consumers are looking to moderate their alcohol consumption, even if they're not looking to cut it out entirely. Timoney said that the beverage company wanted to honor the history of the US Open and the six championships won by Serena Williams in their partnership with the tennis star.
Bloomberg's Josyana Joshua joins Scarlet Fu and Tom Keene on "Bloomberg Money." Many parents are opening accounts that let teens learn the basics of investing with their supervision, in hopes of teaching them about investing early. As a result, financial firms have noticed and are rolling out products designed to appeal to parents and teens, such as joint brokerage accounts and parental-managed accounts that invest in exchange-traded funds.
Dana Telsey, CEO & chief research officer at Telsey Advisory Group, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the fashion statements being made by players at the US Open and how that translates to consumers.
Dana Telsey, CEO & chief research officer at Telsey Advisory Group, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the aspirational consumer, US Open fashion, and the premium shopper.
Antonn Muhammed, CEO of private equity firm Blacksun, said that his firm believes in 'compassionate capitalism' in their work and aim to provide services for everyone as well as investors. Muhammed was joined by former boxing world champion Roy Jones Jr., who leads BlackSun's boxing group 'Knockout Fights.' Jones said that their new venture includes important physical and financial protections for athletes in a dangerous sport.
