Wall Street Week

This week, we look at why US automakers are getting hit by the threat of tariffs meant to protect them. And, the Inflation Reduction Act was supposed to be able to pay for its spending without increasing inflation - did it live up to its name? Plus, the promise of AI keeps growing along with the hurdles in its way. We talk to Nobel Laureate Geoffery Hinton and "Chip War" author, Chris Miller. See omnystudio.com/listener for privacy information.

This week, Former US Treasury Secretary Lawrence H. Summers and Bloomberg News Head of Economics and Government Stephanie Flanders look at how President Trump took his negotiating style from New York the Oval Office. Meanwhile Thomas Peterffy of Interactive Brokers and former CFTC chairman Timothy Massad tell us why event contracts are different from betting markets. And, we take an inside look at a regulated prediction market, Kalshi. Plus, we go to Wyoming for an inside look into new laser technology that can be used to detect methane leaks that are costly to the environment and businesses. See omnystudio.com/listener for privacy information.

Pfizer chairman and CEO Albert Bourla sees cancer as the pharmaceutical company's next frontier. Meanwhile, funding and research in finding a cure for Alzheimer's might have crowded out more effective approaches. And, Bridgewater Associates founder Ray Dalio tells us how countries go broke. See omnystudio.com/listener for privacy information.

US President Donald Trump ramped up his tariff threats to the European Union while saying he would speak with the leaders of Canada and Mexico, as stock markets sank following a hectic weekend that saw prospects for a trade war turn into reality. In remarks to reporters on Sunday night, Trump said he would hold separate calls on Monday morning with Canadian Prime Minister Justin Trudeau, as well as with the Mexican leadership, after announcing 25% tariffs on the US’s neighbors and top trading partners. The levies are set to take effect on Tuesday, barring a last-minute deal. Bloomberg Daybreak hosts Nathan Hager and Karen Moskow bring you instant reaction to the weekend's developments on global trade. Subscribe to the Bloomberg Daybreak Podcast: on Apple: http://bit.ly/3DWYoAN on Spotify: http://bit.ly/3jGRYiB Anywhere: http://bit.ly/460OMka See omnystudio.com/listener for privacy information.

This week, we look at where the Federal Reserve's 2% inflation target came from and how differently inflation is perceived across the country with the Fed presidents of New York, Minneapolis, and Chicago. Plus, we take you to two different office buildings in New York City, One Vanderbilt and 322 Eighth Avenue, to tell the story of the challenges that unite commercial real estate properties, regardless of class. And, Chinese AI startup DeepSeek roils global markets and the Magnificent 7. See omnystudio.com/listener for privacy information.

In this bonus episode from Bloomberg Daybreak, hosts Nathan Hager and Karen Moskow examine the emergence of DeepSeek. The Chinese artificial intelligence startup is rocking global technology stocks, raising questions over America’s technological dominance. Buzz grew over the weekend about DeepSeek’s latest AI model being cost-effective while running on less-advanced chips, casting doubt on the validity of the rich valuations for companies like Nvidia. You can hear more episodes of Bloomberg Daybreak: US Edition by subscribing to the podcast: On Apple: http://bit.ly/3DWYoAN On Spotify: http://spoti.fi/45IG5LR Anywhere: http://bit.ly/460OMka See omnystudio.com/listener for privacy information.

Just as mobile banking revolutionized our relationship with our money and led to a plethora of new tools for management and investing, the proliferation of crypto and blockchain technologies have opened up all manner of new investment opportunities that go far beyond what early Bitcoin adopters could’ve imagined. This episode is sponsored by Coinbase. See omnystudio.com/listener for privacy information.

This week, we look at the future of insurance in Los Angeles after devastating wildfires, President Trump's economic argument for immigration enforcement, and the growing trend of non-alcoholic beer and spirits. We go to Davos for the annual World Economic Forum's gathering of business and world leaders as they face a more insular and less collaborative world. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the inauguration of President Donald Trump. On this edition, Joe and Kailey speak with: See omnystudio.com/listener for privacy information.

This week, we look at what the next Trump administration will do to deliver on its promises to make government smaller, negotiate more favorable trade deals, and sustain economic prosperity. We talk to BlackRock's Rick Rieder, Council on Foreign Relations' Michael Froman, PIMCO's Libby Cantrill, Apollo's Torsten Slok, and Committee for a Responsible Federal Budget's Maya MacGuineas. See omnystudio.com/listener for privacy information.

It’s been a rough week for UK assets. The pound fell to its lowest level in a year, gilt yields surged and investors are losing confidence in the government’s ability to control the nation’s deficit and high borrowing costs. Why are things spiraling now? Senior reporter Phil Aldrick joins this week’s In the City to explain. See omnystudio.com/listener for privacy information.

This week, we follow Brian Moynihan's tenure of "responsible leadership" at Bank of America and the network of regional presidents he has developed. We look at the role of AI in feeding the growing need for healthier snacks, and the intersection of geopolitics and economic risks in the coming year. See omnystudio.com/listener for privacy information.

Jimmy Carter, the 39th US President, has died at the age of 100, leaving behind a legacy of promoting human rights and peace. Bloomberg's John Tucker and Joe Mathieu look at the former president's life and legacy. See omnystudio.com/listener for privacy information.

On this episode of Wall Street Week, we look at a $105 trillion inheritance wave that is likely to concentrate the dynamics of wealth, the erosion of statistical data in the US, and the balance between regulating competition and fostering innovation in the European Union. We also explore the state of civics with Centerview Partners Senior Counselor Richard Haass. See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance as the Fed lowered interest rates for a third time, but reined in the number of cuts they expect in 2025. See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance See omnystudio.com/listener for privacy information.

This week, we ask whether America's shopping centers are dying. Plus, a look at the so-called 'silver tsunami' as America's 80+ population growth rate exceeds the senior housing inventory, and we look at the future of the Department of Education. See omnystudio.com/listener for privacy information.

On this week’s Wall Street Week, we explore the crucial role of the US trade balance, the inefficiencies plaguing American ports, why homeownership is increasingly out of reach and the surging cost of property insurance. We also sit down with Florida Insurance Commissioner Michael Yaworsky to discuss balancing the needs of insurers and policyholders. See omnystudio.com/listener for privacy information.

Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world. On Apple: http://apple.co/3Eyz9EX On Spotify: http://spoti.fi/45IG5LR Anywhere: http://bit.ly/460OMka See omnystudio.com/listener for privacy information.

Team Favorite: Wall Street Week Holiday for Thanksgiving Weekend (from October 4th, 2024) See omnystudio.com/listener for privacy information.