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Former Fed Vice Chair Richard Clarida joined Bloomberg's Tom Keene and Scarlet Fu to discuss bonds and retirement.
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Bloomberg Opinion Contributor Bill Dudley joined Bloomberg's Jonathan Ferro and Lisa Abramowicz to discuss his latest piece 'Warsh’s Approach to Fed Policy Is Deeply Flawed.'
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Mike Arougheti, co-founder and CEO of Ares Management, joined Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern to discuss record earnings.
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Robinhood Chairman and CEO Vlad Tenev says the prediction markets business is the fastest growing in the firm’s history. Tenev also discusses the company's initiatives, Trump Accounts and the future of crypto. He talks to Bloomberg's Romaine Bostick and Emily Graffeo.
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Apple tumbled in late trading after component shortages weighed on the company’s sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. Revenue will rise 9% to 11% in the fiscal fourth quarter, which runs through September, the company said on a post-earnings conference call Thursday. Analysts had estimated growth of more than 12%.
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
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Jersey Mike's CEO Charlie Morrison discusses the company's first day of trading, the cyclospora outbreak and customer demand growth. He talks to Bloomberg's Dani Burger.
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Amazon.com reported cloud-computing revenue that beat analyst estimates, with booming demand for artificial intelligence services accelerating sales for the fifth straight quarter. Revenue jumped 37% to $42.2 billion at Amazon Web Services, which generates about a fifth of the company’s revenue and most of its operating profit, the company said Thursday in a statement. It was the fastest pace of growth since the fourth quarter of 2021. Analysts, on average, forecast sales of $40.6 billion, according to data compiled by Bloomberg.
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
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AON CFO Edmund Reese talks geopolitical uncertainty, uneven economic growth, and technological innovation. He talks to Bloomberg's Carol Massar and Tim Stenovec.
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Speaking to Bloomberg’s Francine Lacqua following the Bank of England’s decision to hold interest rates, Governor Andrew Bailey highlighted how geopolitical unpredictability and volatile oil prices pose ongoing upside risks to inflation, even as domestic price metrics temporarily eased. He noted a cooling "low-hire, low-fire" UK labor market, driven by broader economic softening rather than early-stage AI adoption, where reduced turnover is driving up youth unemployment and creating hurdles for job seekers.
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Starbucks Chairman and CEO Brian Niccol says that customers are spending more per visit by adding drink additions and food, while improved staffing and store upgrades are boosting transactions. Speaking to Romaine Bostock on Bloomberg Open Interest, Niccol says that the company's turnaround efforts are driving broad-based sales gains across customer demographics.
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