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Bloomberg
Financial

Schwab CEO Says It's Easy to Find Top Talent in Texas

Schwab Corp. Chief Executive Officer Rick Wurster says Texas' cost of living, strong universities and tax advantages versus other states have helped the Westlake-based company recruit employees since relocating from San Francisco in 2021. Schwab now has almost 11,000 Texas employees, he tells Bloomberg's Julie Fine.

Leia mais: Schwab CEO Says It's Easy to Find Top Talent in Texas
Bloomberg
Financial

Moderna CEO Sees Cancer Vaccines Working Beyond Melanoma

Moderna CEO Stephane Bancel believes the personalized mRNA cancer vaccine being developed with Merck will work in a variety of tumors. Speaking with Romaine Bostick on "Bloomberg The Close," Bancel also says the recent data leak for the cancer vaccine candidate did not come from either Moderna or Merck.

Leia mais: Moderna CEO Sees Cancer Vaccines Working Beyond Melanoma
Bloomberg
Financial

'Boring Anti-AI' Stocks Gaining Traction: Sohn

Todd Sohn, chief ETF strategist at Baird Strategas, joins Scarlet Fu and Athanasios Psarofagis on "Bloomberg ETF IQ." They discuss Anthropic's IPO filing and iShares MSCI Brazil ETF (ticker: EWZ), which is falling today after incumbent Luiz Inácio Lula da Silva staged a surprising comeback in Sunday's runoff, winning Brazil's presidential election.

Leia mais: 'Boring Anti-AI' Stocks Gaining Traction: Sohn
Bloomberg
Financial

Markets Have 'Misunderstanding' of Warsh Fed, Says Axel Merk

Axel Merk, president and CIO of Merk Investments, said that the market misinterprets Warsh's comments on the Fed's current monetary policy as being in support of those policies, including the size of the Fed's balance sheet. Merk, who recently met with Warsh, said that he is rooting for him, despite his past criticism of Fed chairs.

Leia mais: Markets Have 'Misunderstanding' of Warsh Fed, Says Axel Merk
Bloomberg
Financial

Trump Rushes to Defend Red State of Mississippi

Jim Kessler, executive vice president for Policy at Third Way, said that the organization's polling shows that voters are moving away from Donald Trump and toward Democrats and that the upcoming midterm elections feel like not only a blue wave, but a 'blue tidal wave.' Kessler said that he sees a path for Democrats to take the Senate and pick up as many as 54 seats if they win longshot races in Iowa and Kansas.

Leia mais: Trump Rushes to Defend Red State of Mississippi
Bloomberg
Financial

Midterms Feel Like 'Blue Tidal Wave' Says Third Way's Jim Kessler

Jim Kessler, executive vice president for Policy at Third Way, said that the organization's polling shows that voters are moving away from Donald Trump and toward Democrats and that the upcoming midterm elections feel like not only a blue wave, but a 'blue tidal wave.' Kessler said that he sees a path for Democrats to take the Senate and pick up as many as 54 seats if they win longshot races in Iowa and Kansas.

Leia mais: Midterms Feel Like 'Blue Tidal Wave' Says Third Way's Jim Kessler
Bloomberg
Financial

Cook Report Shifts 19 House Races Toward Democrats

Erin Covey, House of Representatives editor at the Cook Political Report, said that the acceleration of voters towards Democrat candidates is less to do with a shifting landscape and more that people are beginning to pay attention as election day draws nearer and said that while she expects a blue wave, it won't hit all areas evenly. Covey also discussed the role of redistricting in the midterms and said that Democrats are poised to pick up House seats in North Carolina despite the fact that Republicans redrew the map in their favor.

Leia mais: Cook Report Shifts 19 House Races Toward Democrats
Bloomberg
Financial

Dems Poised to Make Gains Despite GOP Redistricting, Says Cook's Erin Covey

Erin Covey, House of Representatives editor at the Cook Political Report, said that the acceleration of voters towards Democrat candidates is less to do with a shifting landscape and more that people are beginning to pay attention as election day draws nearer and said that while she expects a blue wave, it won't hit all areas evenly. Covey also discussed the role of redistricting in the midterms and said that Democrats are poised to pick up House seats in North Carolina despite the fact that Republicans redrew the map in their favor.

Leia mais: Dems Poised to Make Gains Despite GOP Redistricting, Says Cook's Erin Covey
Bloomberg
Financial

Anthropic to Deliver Menlo's Biggest-Ever Return

Menlo Ventures' investment in Anthropic will deliver the firm's largest return ever when the AI company goes public, says partner Matt Murphy. Murphy explains why Menlo backed Anthropic in every round since 2023 and how the conversation around AI is moving beyond models to delivering compute efficiently. He discusses Anthropic's S-1 with Ed Ludlow on "Bloomberg Tech."

Leia mais: Anthropic to Deliver Menlo's Biggest-Ever Return
Bloomberg
Financial

Trump's Gasoline Prices Surpass Average in Biden-Era

The average price Americans are paying for a gallon of gasoline under President Donald Trump has surpassed the average during the Biden administration ahead of the midterm election. Nearly two years into Trump's presidency the fuel's retail cost has averaged $3.472 a gallon, according to the American Automobile Association. Tyler Kendall reports on Bloomberg Television.

Leia mais: Trump's Gasoline Prices Surpass Average in Biden-Era