Bloomberg Businessweek

Kalshi banned Ex-Congressman George Santos for life for allegedly manipulating wagers on his attendance at this year’s State of the Union address. Santos was also fined $71,356 by Kalshi, which announced the action after he didn’t cooperate with their probe into the case. The ban follows Santos settling a federal regulator’s probe that included fines, penalties and a three-year ban, related to claims he made material misrepresentations and omissions on social media.
For more, Bloomberg's Tim Stenovec and Kristine Aquino speak with Brian Quintenz, Kalshi Board Member and Former CFTC Commissioner
See omnystudio.com/listener for privacy information.

Affirm, the short-term loan company, posted earnings this week that beat expectations and reporting its most profitable quarter on record. Founder & CEO Max Levchin joins Bloomberg Businessweek Daily to discuss how his company sets rates and keeps up with a growing industry, arguing Affirm's transparency makes it stand out from competitors.
See omnystudio.com/listener for privacy information.

Bloomberg Money is a new, weekly podcast focused on YOUR money. Listen for wealth strategies, retirement tips and a personal finance insights. Join Tom Keene and Scarlet Fu for new episodes every Friday.

Listen on Apple: https://podcasts.apple.com/us/podcast/bloomberg-money/id6803227140
Listen on Spotify: https://open.spotify.com/show/3lvzLLAZMdrxTB6y68Nb5g
See omnystudio.com/listener for privacy information.

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW
See omnystudio.com/listener for privacy information.

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

Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has “work to do.” He said interest rates are the Fed’s “predominant tool” for achieving its mandate, but stopped short of signaling he would support an interest-rate hike when Fed officials gather in September. Bloomberg Businessweek Daily has the details on Warsh's first major address at Jackson Hole since becoming Fed Chair 3 months ago.

On today's episode:
Mike McKee, Bloomberg News' Economics & Policy Correspondent
Linda Hasenfratz, Linamar Executive Chair
Michelle Jamrisko, Bloomberg News White House & National Security Editor
Jessica Nix, Bloomberg News Health Reporter
See omnystudio.com/listener for privacy information.