Bloomberg Businessweek

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

The Federal Reserve kicked off a two-day meeting Tuesday after raising interest rates after its previous meeting in September. But as Bloomberg News Federal Reserve and Economy Reporter Enda Curran argues, the Fed is facing its most "confusing" economy yet. Consumer spending is strong, but sentiment is weak, and the economy is experiencing conflicting signals, including high bond yields and slow wage growth.

On today's episode:
Enda Curran, Bloomberg News Federal Reserve and Economy Reporter
Chris Merrill, CEO at Harrison Street Asset Management
Tim Arndt, CFO at Prologis
Justina Lee, Bloomberg News Senior Markets Reporter
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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
Democrats are preparing to launch congressional investigations into the administration's handling of files related to Jeffrey Epstein if they regain power after the midterm elections. Representative Robert Garcia said the Epstein investigation is going to be one of the top priorities, alongside probes into the Trump family's business dealings and allegations of corporate corruption. Any probe would ripple well beyond Washington, with Wall Street and corporate America already bracing for a wave of Democratic investigations, and major banks that had ties to Epstein's financial dealings could be called to testify.
For more, we catch up with Josh Wingrove, Bloomberg News White House Correspondent
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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
Anthropic filed for its IPO and expects to begin trading on the Nasdaq Global Select Market under the symbol ANT. The company's IPO will serve as a litmus test for investor demand for new equity tied to the AI trade, and its debut has become a focal point for hopes and fears over artificial intelligence. Anthropic's prospectus flagged various "risks to humanity" including attempts to "resist shutdown" and "conceal or manipulate information," and the company emphasized the potential for its AI to "behave in unintended, misaligned, or autonomous ways."
On today's episode:
Shirin Ghaffary, Bloomberg News AI Reporter
Rudina Seseri, Founder and Managing Partner at Glasswing Ventures
Axel Merk, President and Chief Investment Officer, Merk Investments
Dave Lee, Bloomberg Opinion US Technology Columnist
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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
Christina Stembel, founder and CEO of Farmgirl Flowers speaks with Carol Massar and Tim Stenovec about how her company is managing fuel surcharges and pressure from AI.
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Featuring some of our favorite conversations of the week from our daily radio show “Bloomberg Businessweek Daily.”
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