Bloomberg Talks

Rep. French Hill of Arkansas overviews the US fiscal trajectory and the state of down-ballot races leading up to the November election. See omnystudio.com/listener for privacy information.

Treasury Secretary Janet Yellen, who navigates the financial landscape of the U.S., joins journalist David Gura to discuss the current state of the economy. Yellen reassures that there are no alarm bells for the financial system, asserting that the U.S. is experiencing a soft landing despite signs of weakening job growth. She also delves into the significance of rebuilding U.S.-China relations, emphasizing collaboration on critical global issues like climate change and fair trade, and the importance of maintaining open dialogues amidst geopolitical tensions.

Bill Dudley, Bloomberg Opinion columnist and Bloomberg Economics senior advisor, expects the Federal Reserve to cut interest rates by 25 basis points in September. He spoke with Bloomberg's Romaine Bostick and Alix Steel. See omnystudio.com/listener for privacy information.

DraftKings CEO Jason Robins says the new NFL season is off to a great start on the mobile betting platform. He also says the company is investing more money to make sure customers are gambling responsibly. One industry group estimates Americans bet $26.7 billion on last year’s NFL season, and the figure is expected to grow. The overwhelming majority will lose their money. He speaks with Bloomberg's Katie Griefeld, Sonali Basak and Matt MilllerSee omnystudio.com/listener for privacy information.

Torsten Slok, the chief economist at Apollo, shares his insights on the recent jobs report, which fell short of expectations. He discusses the resilience of the labor market amid recession fears and highlights positive economic indicators like GDP growth. The conversation delves into the Federal Reserve's approach to interest rate adjustments, with differing opinions on cuts. Slok also examines the impact of low interest rates, fiscal policy, and AI investments, emphasizing the economy's surprising strength despite the uncertain landscape.

Acting Labor Secretary Julie Su says the US August payrolls report shows strong and stable growth. Payrolls rose by 142,000 missing the estimate of 165,000. There were also downward revisions to the prior two months. Su speaks with Bloomberg's Katie GriefeldSee omnystudio.com/listener for privacy information.

Head of US Economic Research at Renaissance Macro Research Neil Dutta, New Century Advisors Chief Economist Claudia Sahm, and Moody’s Analytics Chief Economist Mark Zandi speak on the release of the August jobs report and what it means for a September rate cut with Bloomberg's Tom Keene and Paul SweeneySee omnystudio.com/listener for privacy information.

Co-Founder & Co-Chairman of the The Carlyle Group, and Owner of the Baltimore Orioles David Rubenstein and Cal Ripken Jr, Baseball Hall of Famer; Founder & Partner of Ripken Baseball discusses their ownership of the Baltimore Orioles. They both talk about their upbringing in the Baltimore area, connection to the city, and feedback from the fans. Rubenstein and Ripken Jr, spoke to Bloomberg's Paul Sweeny and Alix Steel from the Bloomberg Power Players at Bloomberg Global Headquarters.See omnystudio.com/listener for privacy information.

Ed Hyman, chairman of Evercore ISI and expert in fiscal policy, dives into the heated debate over taxing unrealized capital gains, especially in light of the 2024 presidential race. He discusses the challenges of forecasting a recession and the complexities of current U.S. economic dynamics, including inflation and job market concerns. Hyman also touches on migration trends to tax-friendly states, and the potential repercussions of new tax policies on the capitalist system. His insights highlight the intricate balance between fiscal policy and market analysis.

Scott Bessent, CEO of Key Square Group, offers keen insights on financial markets and economic strategies. He discusses the potential economic agenda if Trump returns to power and its implications for inflation and the national deficit. Bessent critiques the Biden-Harris budget, emphasizing the importance of accountability in spending. He also analyzes current investment strategies, particularly regarding the Japanese yen and gold, amidst recession concerns, showcasing a complex economic landscape.