Jackson Hole preview, Apple's AI Ambitions, Rule of Law, New Housing Investors
This week, the framework of the Federal Reserve Board of Governors meets signs of economic softness just ahead of the Fed's annual meeting in Jackson Hole, Wyoming. And, Apple wants to increase its AI presence, but its focus on manufacturing and the tariff environment might pose challenges. Plus, rule of law is more than a legal concept - why businesses need it to operate in the US. And, the American dream of home ownership now belongs to small investors who are seeing opportunity in market conditions that are pricing out potential home owners.See omnystudio.com/listener for privacy information.
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Entry-Level Jobs at Risk, CEOs Face Uncertainty, Tariffs & Textile Companies, Powering Data Centers
This week, college graduates struggle to find entry-level jobs - is AI part of the problem? And, Centerview Partners’ Blair Effron on CEOs weathering policy uncertainty, and the importance of New York's next mayor to the city's business community. Plus, how will President Trump’s tariffs impact the textile industry? Later, a small town pushes back against an Amazon data center - the pros and cons the town sees in data centers.See omnystudio.com/listener for privacy information.
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Natural Monopolies | Tariffs Reshaping Manufacturing, US Treasury Secretary Lawrence H. Summers, Low Earth Orbit Satellites, Voluntary Carbon Markets
This week, we go to US companies that are cutting costs and regaining control by reshoring production and restructuring their global supply chain. And, Former Treasury Secretary Lawrence H. Summers weighs in on the Fed’s decision to hold steady as President Trump calls for deep rate cuts. Plus, a look at the low Earth orbit satellite market. Later, how voluntary carbon markets are creating investment products to move the needle on climate change.See omnystudio.com/listener for privacy information.
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Deadly Manhattan Shooting: Here's What We Know
The gunman who killed at least four people and himself at a Midtown Manhattan office tower was targeting the National Football League, but ended up on Rudin Management’s floor by mistake, two senior law enforcement officers said. Instead of going to the NFL’s fifth-story office at 345 Park Ave., he picked the wrong elevator bank that took him to Rudin’s office on the 33rd floor, the officers said. That’s where the body of the shooter, believed to be Shane Tamura, a 27-year-old who last resided in Las Vegas, was found. A manifesto and notes found on him indicated a fixation with Chronic Traumatic Encephalopathy, or CTE, caused by head trauma, the officers said. His social media feed showed his football career ended after a head injury, and he wrote that the NFL didn’t do enough for CTE. The gunman, who has a documented history of mental-health troubles, drove across the country before entering New York City earlier Monday, Police Commissioner Jessica Tisch said. For details, Nathan Hager speaks with Bloomberg News Reporter Myles Miller.See omnystudio.com/listener for privacy information.
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Winning In All Arenas | BlackRock’s Rick Rieder, US Child Care Crisis, FIFA in North America
This week, BlackRock’s Rick Rieder talks about the resilience of the US economy in the face of uncertainty on tariffs and a growing federal debt burden. And, amidst US child care struggles, private equity finds a way in. Plus, Former Treasury Secretary Lawrence H. Summers discusses slashes to Medicaid through President Trump’s “One Big Beautiful Bill”. Later, FIFA comes to North America, and Toronto is hoping for an economic win.See omnystudio.com/listener for privacy information.
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