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Liaquat Ahamed discusses his new book and why 1873 still matters. How railroad mania compares with today’s rush into AI infrastructure, and what the era can teach investors about bubbles, monetary-policy mistakes and financial resilience. He spoke to Bloomberg's Carol Massar and Tim Stenovec.
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Dana Telsey, Founder at Telsey Advisory Group, talks macro pressures, rising gas prices, and political uncertainty. She spoke to Bloomberg's Tom Keene and Ira Jersey.
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Jessica Taylor, the Cook Political Report’s Senate and governors editor, said that she is watching both Maine and Michigan as states where Democratic candidates may underperform in the midterm elections. She speaks with Bloomberg's Tom Keene and Ira Jersey
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Libby Cantrill, managing director and head of public policy at PIMCO, says the issues around data centers are gaining traction among voters and politicians will have to respond. She speaks with Bloomberg's Tom Keene and Ira Jersey.
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Britain's economy unexpectedly grew 0.1% in August, beating forecasts for a contraction. The figures are the final growth reading before UK Chancellor John Healey delivers his first budget on October 28th. Healey is currently at an IMF summit in Bangkok, where the fund yesterday singled out the UK for its progress in bringing down borrowing. He's been speaking to Bloomberg's Lisa Abramowicz.
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Bank of America Chairman and CEO Brian Moynihan says the bank has a clear path to resolving issues tied to a $1.2 billion Treasury penalty and is already carrying out remediation work. Speaking to Jonathan Ferro on Bloomberg Businessweek Daily, Moynihan says the bank plans to spend $300 million to $500 million on AI initiatives this year while working with technology companies on safeguards for agentic payments.
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OpenAI Chief Financial Officer Sarah Friar says European businesses are trailing when it comes to AI adoption. Speaking to Bloomberg's Tom Mackenzie at the International AI Summit in Dublin, Friar also discussed recent concerns around safety and security, telling Tom that the firm is 'doubling down' on safety and alignment and is holding back its next-generation model while it carries out additional checks.
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Chuck Robbins, the Chair & CEO of Cisco welcomes India's semiconductor capacity. Speaking at a panel on tech sovereignty with Haslinda Amin at Bloomberg's New Economic Forum, he says its important for companies to work closely with governments. He spoke about the sovereign critical infrastructure his company has launched in countries to exercise control over systems.
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Wells Fargo CFO Mike Santomassimo discusses the bank's third-quarter earnings and the outlook for M&A with Bloomberg's Scarlet Fu.
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KKR Partner Alisa Wood tells Bloomberg's Dani Burger that she sees a record year for PE exits.
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