Bloomberg Talks

BlackRock CIO of Global Fixed Income Rick Rieder says that he sees a "productivity revolution" in US, calling it "an ethos around companies growing their business and seeing how you can operate without that much employment," while speaking exclusively with Bloomberg News' Dani Burger and Michael McKee on Open Interest. Rieder also cautioned against a potential rate hike by the Fed and said that al...

Port of Los Angeles Executive Director Gene Seroka says that big box retailers are driving heavy volumes of clothes, electronics and furniture through Los Angeles and the neighboring Port of Long Beach this summer. He speaks with Bloomberg's Tom Keene and Damian Sassower See omnystudio.com/listener for privacy information.

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor market is weaker than previously thought after surprising strength earlier this year. Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed Friday. The unemployment rate fell t...

Insurance Europe says the sector will be able to deal with the current levels of wildfires across the continent. Director General Thea Utoft Høj Jensen joins Bloomberg's Stephen Carroll and Caroline Hepker on Daybreak Europe to discuss how the insurance sector is responding to the increasing wildfire risks and whether pressure will grow on premiums. See omnystudio.com/listener for privacy i...

Western Digital (WD) says the AI infrastructure buildout is creating sustained demand for data storage, even as investors reacted to a softer near-term outlook. CEO Irving Tan joins Bloomberg to explain why hyperscaler demand remains strong and how the company is increasing hard drive capacity. He says long-term supply agreements suggest AI's storage needs will continue to grow well into the next...

Smashburger CEO Jim Sullivan explains why the restaurant chain is doubling down on franchising. Speaking on "Bloomberg Open Interest," Sullivan also comments on the recent outbreak of cyclosporiasis and the company's pricing strategy. See omnystudio.com/listener for privacy information.

Krispy Kreme narrowed its loss and expanded margins during its latest quarter, as the doughnut chain continued to make progress with its turnaround plan. They reiterated its forecast for systemwide sales growth of 2% to 4% in constant currency this year, as well as its outlook for revenue and adjusted Ebitda. For more, Josh speaks with Bloomberg's Dani Burger and Michael McKee.  See omny...

Former Virginia Governor Glenn Youngkin says he does not anticipate being on a presidential debate stage in 2028, while stopping short of definitively ruling out a campaign. Youngkin also says communities should have the final say on data center development and that developers must address concerns about power, water and infrastructure. He also discusses his new initiative promoting a federal scho...

Uber Technologies Inc. shares slid by the most in six months after the company issued a bookings outlook that just met analyst estimates, compounding concerns from investors about the company’s ability to evolve in the robotaxi era. Total gross bookings — a key metric that includes ride hails, delivery orders and driver and merchant earnings but not tips — will be $58.25 billion...

Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for chips and related equipment will remain strong, offering relief to a sector that’s been battered in recent days. Amazon boosted its forecast for full-year capital expenditures to $220 billion on Thursday, up from a previous estimate of $200 billion, with Chief Executive...

Nate Baxter, CEO and President of Scotts Miracle-Gro, joined Bloomberg Television after the company’s investor day to discuss its new growth targets, the strategy behind its 2027–2029 outlook, and how the company is trying to reach younger consumers through digital media, e-commerce and new product channels. Baxter spoke with Bloomberg's Romaine Bostick on The Close. See omnystudio.com...

American Petroleum Institute CEO & President Mike Sommers says that about 7 of the 11 million barrels per day needed to see lower gas prices are now getting through the Strait of Hormuz. Sommers spoke with Bloomberg’s Joe Mathieu and Kailey Leinz on the early edition of Balance of Power. See omnystudio.com/listener for privacy information.

Eric Cantor, Vice Chair & Managing Director at Moelis & Co. and former House Majority Leader, joins Bloomberg Surveillance to discuss the supercycle in AI infrastructure, resilience in capital markets and whether Washington can manage rising deficits as private investment accelerates. See omnystudio.com/listener for privacy information.

Hugging Face CEO Clement Delangue discusses OpenAI models' hack on Hugging Face last month and the future of AI regulation. Talking about the hack, Delangue, said that while companies want AI agents to think outside the box, they don't want AI to 'think outside the sandbox' and stay in the closed testing environment. Delangue also discussed government involvement in AI regulation and said that the...

Amazon Web Services CEO Matt Garman says the company will keep investing in capex. “Today, demand still significantly outstrips supply and we’re trying to build and invest to keep up with what customers are asking for." He talks to Bloomberg's Ed Ludlow. See omnystudio.com/listener for privacy information.

Torsten Slok, Chief Economist at Apollo, said that while AI and the Fed may be issues more at the forefront of the economic conversation, risk from the Iran war and its subsequent impact on fuel stores remains an important factor in the background. Slok also commented the possibility that the Fed may have fewer meetings, saying that market will still try to price the Fed regardless of the schedule...

IBM Vice Chairman Gary Cohn says, “the market became addicted to knowing what the Fed was going to do” as he discusses market reaction to Federal Reserve Chairman Kevin Warsh’s handling of the US central bank. Cohn also discusses Japan and the US Treasury Department working together to shore up the yen and the instabilities being dealt with by markets. He talks to Bloomberg's Jon...

Former Fed Vice Chair Richard Clarida joined Bloomberg's Tom Keene and Scarlet Fu to discuss bonds and retirement. See omnystudio.com/listener for privacy information.

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.' See omnystudio.com/listener for privacy information.

Mike Arougheti, co-founder and CEO of Ares Management, joined Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern to discuss record earnings. See omnystudio.com/listener for privacy information.

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. See omnystudio.com/listener for privacy information.

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. See omnystudio.com/listener for privacy information.

AON CFO Edmund Reese talks geopolitical uncertainty, uneven economic growth, and technological innovation. He talks to Bloomberg's Carol Massar and Tim Stenovec. See omnystudio.com/listener for privacy information.

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...

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. See omnystudio.com/listener for pr...