United States Financial

The Federal Reserve unanimously raised its benchmark rate by a quarter point as policymakers confront inflation that remains above target and uncertainty tied to geopolitical developments. Merrill and Bank of America Head of CIO Market Strategy Joe Quinlan tells Bloomberg This Weekend hosts David Gura and Christina Ruffini that elevated diesel prices are a particular concern for businesses and could keep pressure on the Fed to raise rates further.

Caitlin Donovan, the Global Head of Sales at JOOPITER, discusses the rapid growth of sports memorabilia as an alternative asset class, saying the category is one of the fastest-growing parts of the collectibles market. JOOPITER, the digital auction house founded by Pharrell Williams in 2022, has put a game-worn Michael Jordan jersey from Game 3 of the 1998 NBA Finals on the market with an opening bid of $10 million. She speaks with Romaine Bostick on "The Close."

Bloomberg's Chris Rovzar joins Scarlet Fu and Tom Keene on "Bloomberg Money" to discuss the must-read fashion books.

Kathryn Gramling discusses new Accenture data showing that nearly half of consumers plan to spend the same amount or less than they did last year. She discusses whether that level of restrained spending represents a meaningful shift from prior years and what it may signal for holiday retail demand. She speaks with Romaine Bostick & Jess Menton on "The Close."

Bloomberg's Chris Rovzar joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the resurgence in suit sales for both men and women.

Dr. Oliver Kharraz, the CEO and Founder of Zocdoc, joins the program to discuss the company's latest development: the launch of a new care access network. Kharraz discusses how the update is expected to drive growth and what has changed for patients compared with what they could do before. He speaks with Romaine Bostick & Jess Menton on "The Close."

Alicia Levine, chief investment officer at BNY Wealth, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss retirement planning, building wealth and asset allocation.

Alicia Levine, chief investment officer at BNY Wealth, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss retirement planning, building wealth and asset allocation.

Henry McVey, partner, head of global macro and asset allocation and CIO of the KKR's balance sheet, joins Scarlet Fu and Tom Keene on "Bloomberg Money."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Jess Menton, Carol Massar and Tim Stenovec.

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company's nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company's push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a "marketing issue" and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on "Bloomberg Tech."

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable "cartel" that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on "Bloomberg Tech."