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Marcie Frost, CEO of California Public Employees Retirement System (CalPERS) discusses the companies decision to vote against the entire slate of Exxon Mobil directors. She speaks with Bloomberg's Matt Miller.
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The International Monetary Fund now expects China’s economy to grow 5% this year, raising its forecast from 4.6% a few weeks ago to reflect a strong expansion at the start of 2024 and additional support from the government.
“We certainly are seeing that consumption is recovering but it has some ways to go,” the Fund’s First Deputy Managing Director Gita Gopinath said in an interview with Bloomberg's Haslinda Amin. “The strength we’re seeing in public investment remains. Private investment is still weak, mainly because of the weakness in the property sector.”
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21Shares President and Co-Founder Ophelia Snyder says the SEC paving the way for Ether ETFs shows there is a global momentum of crypto as an asset class. She speaks with Katie Greifeld and Tim Stenovec on "Bloomberg Crypto."
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Steve Pagliuca, founder and CEO at PagsGroup, discusses Atalanta BC’s Europa League championship, the Boston Celtics’ appearance in the NBA championship, the importance of building sports brand sponsorships, and the death of NBA Hall of Famer Bill Walton.
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Paul Krugman, Nobel Laureate in Economics and Distinguished Professor at City University of NY Graduate Center says that those who think a second Trump administration would be similar to his first are in for a shock. He discusses that, plus shares why he thinks politics can't be divorced from the issue of balancing the federal budget with host David Westin, on the latest edition of Bloomberg Wall Street Week.
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Teresa Ghilarducci knows retirement. A labor economist and professor at the New School for Social Research in New York, she’s long studied the shortcomings of how the US handles preparing for citizens’ old age.
Much of the financial industry is devoted to running retirement funds—$25 trillion in traditional pensions, 401(k)-style plans and annuities and $13 trillion in individual retirement accounts. But Ghilarducci says tens of millions of workers aren’t getting the help they need to save. It’s a problem worrying some on Wall Street, too: Larry Fink, chief executive officer of BlackRock Inc., the world’s largest asset manager, devoted his latest annual chairman’s letter to the need to shore up retirement savings.
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The European Union would be delighted if it can forge a warmer relationship with a future UK government, according to the bloc’s economy commissioner, Paolo Gentiloni.
Questioned on Bloomberg Television on prospects for a greater rapprochement between the two sides in the event of a change in government in Britain, the Brussels official expressed hope.
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Kathyn Wylde, CEO of the Partnership for New York City, spoke with Bloomberg's Manus Cranny about her views on bail reform in New York, real estate, the need for housing, safety and her worries about the upcoming presidential election.
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AT&T CEO, John Stankey says that new AI driven services will drive demand for the company's network with this weeks Nvidia earnings underscoring this. He discusses this with Bloomberg's Ed Ludlow and Caroline Hyde.
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Michael Roberts, HSBC US CEO, says the company's in-person attendance has doubled to 80% in it's New York office since they moved, helping the firm establish more of a footprint in the US. Roberts spoke with Bloomberg's Manus Cranny.
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