Bloomberg Businessweek

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&P 500 dropped.

Benchmark 10-year yields hit the highest level in nearly two decades. Longer-dated Treasuries extended losses after a weak $13 billion sale of 20-year bonds. Brent crude settled above $108, fueling inflation worries. Bitcoin tumbled as the US Senate blocked a landmark crypto bill in an industry loss. 

On this special edition of the show, Carol Massar and Tim Stenovec host live from Huntington Beach, California from the Future Proof Festival.

Today's show features:

• Tony Davidow, Senior Private Market Strategist, Franklin Templeton Institute
• Jan van Eck, VanEck Funds CEO
• Jaime Magyera, Senior Managing Director, Head of U.S. Wealth and Head of Retirement, BlackRock
• Scott Dennis, Head of ETFs, TCW

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Guest hosts Alexis Christoforous and Jess Mention speak with Shanta Thake. She's Ehrenkranz Chief Artistic Officer at Lincoln Center and joins to discuss the institution's ongoing commitment to making world-class performance more accessible through special programs and more. She also discusses some highlights from the upcoming seasons at the Lincoln Center, including the fifth annual 'Festival of Firsts' in October which spotlights artists exploring new territory.

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

AI developers including Anthropic and OpenAI are clashing with the Trump administration over their calls for an industrywide slowdown in artificial intelligence development, a proposal that’s already triggered a selloff across technology stocks and has brought into question the resilience of a global data center boom. 

Bloomberg Economics uses a state-of-the-art approach to estimate exposure to AI across major economies, and expertise from the US and UK to Mainland China, South Korea, Taiwan and beyond to assess the current impact and future outlook.

On today's episode:

• Tom Orlik, Bloomberg Economics Chief Economist
• Mike Shepard, Bloomberg News Senior Editor of Technology & Strategic Industries
• Brian Moynihan, Bank of America CEO with Bloomberg Deals Host, Dani Burger
• John Tozzi, Bloomberg News Health Care Reporter

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Prediction Market platform Kalshi is launching the 'first-of-its-kind' perpetual futures, fully regulated by the CFTC. Kalshi Chief Risk Officer Udesh Jha discusses how the company is hoping to expand past gold & silver eventually, to seek approval for regulated perpetual futures tied to single stocks.

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Be it the influence of AI or the rise of unicorns, startups face an evolving growth landscape. This raises some crucial questions for founders: What does scale look like, how can it be achieved and where in the world is the best place to do it? Hear from a leading VC firm and an enterprising startup about the shifting growth expectations facing founders, and the business ecosystems that facilitate success.  

This episode is sponsored by the Dubai Department of Economy and Tourism.

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Federal Reserve Chairman Kevin Warsh faces intense pressure to raise interest rates at next week’s policy meeting after a highly anticipated inflation report showed US consumer prices marched higher last month. It comes as US diesel prices rose above $6 a gallon for the first time ever, as the conflict in the Middle East expands with Houthi rebels attacking a key Saudi energy facility.

On today's episode:

• Frank Monkam, Bloomberg Macro Strategist & Ira Jersey, Bloomberg Intelligence US Interest Rate Strategist
• Veena Ali-Khan, Bloomberg News Reporter
• Mike Codella, NYPD Sergeant and author of the book, ‘The Evil that Walked New York’
• Joe Daniels, Former President & CEO of the National September 11 Memorial & Museum

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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

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Veteran Wall Street journalist William D. Cohan joins Bloomberg Businesweek Daily to discuss his new book, "Money to Burn: The Unvarnished Truth About Leon Black, Apollo and the Rise of a New Wall Street." Cohan explores Black's career, the founding of Apollo Global Management, how Apollo has shaped the alternative asset space, controversy surrounding Black's relationship with disgraced pedophile Jeffrey Epstein, and more.

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Set against the backdrop of the US Open Tennis Championships, Bloomberg Power Players returns to New York to convene the leaders shaping this global industry. Bloomberg Businessweek Daily speaks to team owners and college sports leaders about the investment in the industry, and how to capitalize on popularity growth.
On today's episode:

• Jason Kelly, 'The Deal' Podcast Co-Host
• Carolyn Tisch Blodgett, Gotham FC Governor & CEO of Next 3
• Randy Levine, New York Yankees President
• Candice Storey Lee, Vanderbilt University Athletics Director

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Twenty-five years after the attacks that fundamentally reshaped modern history, this conversation looks back at a generation of conflict, intelligence transformation, and shifting global security.

For more, Carol Massar and Tim Stenovec spoke with Mark Jacobson, Spy Museum Historian and Retired US Navy Intelligence Officer, who was inside the Pentagon when American Airlines Flight 77 struck on September 11th, 2001.

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