Bloomberg Businessweek Bloomberg Businessweek Weekend - August 29th, 2025
5 snips
Aug 30, 2025 
Natasha Serin, a Yale law professor and budget expert, discusses the entrepreneurial struggles in today's economy. Eddie Melton, Mayor of Gary, Indiana, shares insights on revitalizing his city through economic diversification and new partnerships like casinos. Yadira Ramos-Herbert addresses New Rochelle's innovative solutions to housing affordability, reducing approval times drastically. Former NHL goalie Mike Richter highlights his work in sustainable energy, while Kava's CFO, Trisha Tolliver, analyzes consumer behavior amid rising tariffs and their impact on business.
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Tariffs Raise Prices And Risk Allies
- Rapid tariff increases raise consumer prices and complicate trade relationships, with unclear strategic goals.
- Sarin notes tariffs shrink the economy and risk alienating allies like India.
Immigration Fuels Future Labor Growth
- Immigration is a key driver of labor supply and productivity amid low birth rates.
- Natasha Sarin notes reduced immigration policy risks lower labor force growth and weaker GDP trends.
AI Is Affecting Young Workers' Entry
- Early evidence shows AI adoption is already affecting younger workers' labor market entry.
- Sarin cites research indicating AI can displace jobs in exposed sectors, complicating productivity assessments.