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Bloomberg

Grocery Stores Feel Crunch of Fuel, Labor Costs Ahead of Memorial Day

Stew Leonard Jr., president and CEO of Stew Leonard's, said that customers are still buying food ahead of Memorial Day celebrations, but they're also complaining about the squeeze they feel when they go to the store. Leonard said that while he believes fuel prices will eventually come down once conflict in the Middle East is resolved, labor costs for the store will remain high, making it difficult to keep prices from going up.

Leia mais: Grocery Stores Feel Crunch of Fuel, Labor Costs Ahead of Memorial Day
Bloomberg

Credit Entry Points Incredibly Attractive: Steinbach

Margaret Steinbach, fixed income director at Capital Group, and Warren Pierson, co-chief investment officer of the Baird Funds, join Scarlet Fu on "Bloomberg Real Yield." Junk debt is beating just about everything else in fixed-income markets after surging yields wiped out gains on most other bonds. Yet with high-yield credit spreads near two-decade lows, investor unease is building.

Leia mais: Credit Entry Points Incredibly Attractive: Steinbach
Bloomberg

Micron CEO on Expanding US Chip Production, Memory Demand

Micron President and CEO Sanjay Mehrotra discusses the company's significant expansion of DRAM manufacturing in the US. Speaking with Bloomberg's Tyler Kendall, Mehrotra highlights the importance of this advanced memory technology for critical sectors such as automotive, aerospace, defense, industrial and networking.

Leia mais: Micron CEO on Expanding US Chip Production, Memory Demand
Bloomberg

Trump Tells Warsh to Do 'Own Thing' as Fed Chair Sworn In

Goldman Sachs Vice Chairman Rob Kaplan, a former Dallas Fed president, spoke with Julie Fine after Kevin Warsh was sworn in as Fed Chair. Kaplan said he expects newly sworn-in Fed Chair Kevin Warsh will be independent from political influence, which is essential for the central bank to maintain credibility with the public and markets.

Leia mais: Trump Tells Warsh to Do 'Own Thing' as Fed Chair Sworn In
Bloomberg

UAE Joins Saudis, Qatar in Urging Trump Not to Restart War

The United Arab Emirates has made a more concerted push for an end to the Iran war in recent days, joining Saudi Arabia and Qatar in urging US President Donald Trump to give negotiations a chance, according to several people familiar with the matter. Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler joins Balance of Power to discuss.

Leia mais: UAE Joins Saudis, Qatar in Urging Trump Not to Restart War
Bloomberg

Goldman's Kaplan on Warsh as Fed Chair, Rates and AI

Robert Kaplan, Goldman Sachs vice chair and former president of the Federal Reserve Bank of Dallas, expects Kevin Warsh to be an "excellent" Fed chair. Speaking with Julie Fine, Kaplan also discusses the shift in market expectations over the past eight weeks, from anticipating a rate cut later in the year to now considering a possible rate increase or no change due to persistent inflation and elevated oil prices.

Leia mais: Goldman's Kaplan on Warsh as Fed Chair, Rates and AI
Bloomberg

What Comes Next After SpaceX Halts Starship Launch

SpaceX delayed a critical test of its massive Starship rocket after a pin tied to the launch tower mechanism failed to retract during the final countdown. The setback comes just a day after the company formally filed for an IPO. Laura Crabtree, CEO of Epsilon3 and former SpaceX engineer, joins Ed Ludlow on "Bloomberg Tech."

Leia mais: What Comes Next After SpaceX Halts Starship Launch