US initial jobless claims fell to a lower-than-expected 203,000 in the week ending August 22, while the goods-trade deficit grew to the widest since March 2025. Michael McKee reports on Bloomberg Television.
Torsten Slok, chief economist at Apollo, expects Federal Reserve Chairman Kevin Warsh to deliver "framework guidance" instead of forward guidance and have a "hawkish flavor" to his economic outlook during his speech on Friday at the Jackson Hole Economic Symposium.
Amy Wu Silverman, Head of Derivative Strategy at RBC Capital Markets, says the upcoming US midterm elections may be influenced more by anti-AI sentiment than by traditional concerns such as consumer sentiment or rising inflation. She joins Bloomberg's Vonnie Quinn on "Bloomberg Brief."
Federal Reserve Bank of Kansas City President Jeff Schmid said monetary policy may be accommodative rather than restrictive, citing underlying demand pressures that could justify a rate hike as soon as September 16. Schmid rejected the idea that the October 28 meeting is off the table due to the midterm election. Speaking with Bloomberg's Michael McKee on the sidelines of the Jackson Hole Economic Symposium, he also addresses the future of the central bank's communications and meeting schedules.
Shein is on track to raise about HK$13.6 billion ($1.7 billion) in its Hong Kong initial public offering. The company is telling prospective investors it is likely to price the IPO at just above the midpoint of the marketed range, valuing the fast-fashion retailer at just above $26 billion, compared with a roughly $100 billion price tag it commanded four years ago. Anthony Stephens reports on Bloomberg Television.
The European CEO of US defence company Lockheed Martin said transatlantic partnerships such as the one with Rheinmetall will build a credible deterrence and economic benefits on both sides. Dennis Goege spoke with Bloomberg's Lizzy Burden from Frankfurt.
Alex Karnal, Co-Founder and CIO of Braidwell, joins Bloomberg's Anna Edwards on "The Pulse" to discuss the company's approach to investing in transformative medicines, technologies, and medical devices by integrating artificial intelligence.
Following NVIDIA's earnings, JPMorgan's European Investment Grade Finance Head Matthias Reschke joins Bloomberg's Tom Mackenzie and Anna Edwards on The Opening Trade to discuss the major hyperscalers growing issuance volumes as the AI infrastructure giants race for funding.
Ozan Tarman, vice chair of global macro at Deutsche Bank, discusses the outlook for bonds and equities amid concern over US Treasury Secretary Scott Bessent's recent debt-management tactics and ahead of Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole Economic Symposium. Concern over rising US borrowing costs has led to comparisons with the collapse of former UK Prime Minister Liz Truss' government in 2022, following a disorderly bond-market selloff. Tarman speaks on Bloomberg Television.
"The reality is we are running short of compute capacity, that means demand will rise," German Digital Minister Karsten Wildberger tells Bloomberg Television. "Europe needs to wake up and use the talents we have," Wildberger says, adding that German authorities will seek to expedite approval processes for data centers.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Spirit AI CEO Han Fengtao says robots can already handle office tasks "unimaginable half a year ago," from delivering paper to shredding documents. He told Bloomberg's Minmin Low that "the evolution of the robot brain will get faster and faster," predicting a "ChatGPT moment" within three years. With several hundred units deployed in China, Spirit AI is betting on smarter robot brains to drive large scale adoption across industries and eventual global expansion.
