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.
Nike Inc. is cutting jobs and embarking on a sweeping overhaul of the business as results deteriorate and test Wall Street's patience with Chief Executive Officer Elliott Hill. Bloomberg Intelligence, Senior US E-Commerce and Retail Analyst, Poonam Goyal discusses Nike's job cut decision and why sales have continued to slump.
National Economic Council Director Kevin Hassett says higher long-term rates can reflect underlying economic strength. Speaking to Mike McKee and Dani Burger on Bloomberg Open Interest, Hassett calls the government's debt-interest burden unacceptably high but says the administration is serious about deficit reduction.
National Economic Council Director Kevin Hassett says it's unusual that Jerome Powell is still a member of the Federal Reserve Board of Governors after being replaced as chairman. When asked if Powell should leave, Hassett says it's up to him.
The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs. Nonfarm payrolls increased 29,000 last month after a downward revision to the prior two months. The unemployment rate rose to 4.2%, partly reflecting a growing workforce. Rebecca Patterson, Senior Fellow at Council on Foreign Relations and Former Chief Investment Strategist at Bridgewater, reacts to US jobs.
French government bonds deepened this week's slump, with investors demanding the biggest yield premium to hold the bonds over safer German debt since the region's debt crisis. Huw van Steenis, Partner at Apollo, discusses this as well as the overall European economic outlook.
