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US Soccer, Kansas City Current on US Soccer Growth

JT Batson, CEO and Secretary General of the US Soccer Federation and Angie Long, Chief Investment Officer at Palmer Square Capital Management, Co-Founder and Owner of Kansas City Current and Owner of HB Koge Women discuss sustaining the growth of US soccer post World Cup with Bloomberg's Ira Boudway at Bloomberg Power Players 2026 in New York.

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Bloomberg
Financial

Tina Fordham on Iran, AI and the Geopolitics Supercycle

Tina Fordham, Founder & Chief Geostrategist at Fordham Global Foresight, joins to discuss her new book, 'Mad World: A Geostrategy Survival Guide for Leaders,' and why she believes the world has entered a "geopolitics supercycle." Fordham argues that geopolitical disruption is becoming a structural feature of the global economy, driven by conflict, cyberattacks, tariffs, sanctions and climate-related shocks rather than a temporary period of instability. Fordham also examines what the changing global order means for markets, CEOs and investors, including the evolving U.S. role in global security and trade, the war with Iran, elevated energy prices and risks surrounding strategic shipping chokepoints. She explains why business leaders need to balance the opportunities created by AI and technological innovation with a volatile geopolitical landscape. Fordham speaks with Lisa Mateo and Paul Sweeney on Bloomberg Surveillance.

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Bloomberg
Financial

US Producer Prices Rise Most in Three Months on Energy Surge

A measure of producer price inflation showed renewed pressure from rising energy prices last month, potentially adding to the case for an interest-rate hike at the Federal Reserve's meeting next week. The producer price index rose 0.4% in August from the prior month the most since May and 5.4% from a year earlier, according to Bureau of Labor Statistics data out Thursday. Excluding food and energy, the gauge advanced 0.2% last month and 4.6% from a year ago. Thursday's figures come a day ahead of the latest update to the consumer price index, which is expected to show so-called core inflation was relatively modest even as rising gasoline prices boosted the headline measure. Some Fed officials have signaled the interest-rate decision at their Sept. 15-16 meeting may come down to what this week's reports reveal. We get reaction from Anna Wong, Chief US Economist for Bloomberg Economics.

Read more: US Producer Prices Rise Most in Three Months on Energy Surge
Bloomberg
Financial

The Next Phase of the AI Boom

The AI boom is entering a new phase, where electricity could become the biggest constraint. Switchyard Partners CEO Joe Kaiser joins Bloomberg Open Interest to explain why data centers may increasingly move to stranded power, why capitalism could produce better AI guardrails and why dramatically lowering compute per task will be key to sustaining the next wave of AI investment.

Read more: The Next Phase of the AI Boom
Bloomberg
Financial

Macy's and American Eagle Drop, JetBlue Dips | Stock Movers

On this episode of Stock Movers: - Macy's (M) shares are lower, erasing an earlier advance, as investors weigh much better-than-expected comparable sales and adjusted EPS in the second quarter against a less robust third-quarter guidance. The full magnitude of the 2Q beat is not reflected in the annual guidance boost. - American Eagle (AEO) is falling after the apparel firm's second-quarter total comparable sales fell short of the average analyst estimate. - JetBlue (JBLU) shares are falling after the airline slashed its available seat miles forecast for the third quarter.

Read more: Macy's and American Eagle Drop, JetBlue Dips | Stock Movers
Bloomberg
Financial

Apple's Foldable iPhone Duo Is Here, What We Know

Apple unveiled the company's first foldable smartphone during a wide-ranging event Wednesday, betting that a new category can energize growth for its biggest-selling lineup. The iPhone Duo will start at $1,999 and cost up to $3,199. This was the first product reveal event for the new CEO John Ternus. Bloomberg's Ed Ludlow was there and reports from Apple Park in Cupertino, California.

Read more: Apple's Foldable iPhone Duo Is Here, What We Know