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- The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Many voters are giving President Donald Trump poor marks for his handling of the cost of living, and inflation is still high, which is the number that ultimately is more important to them. On affordability and the pricing behaviors of some businesses, Bloomberg’s Max Chafkin recently reported on the left-leaning nonprofit. Groundwork Collaborative, that’s focused on what it calls “surveillance pricing” -- the idea that retailers might charge customers different prices for items in stores and online based on all the data the companies have collected about them. Chafkin and Groundwork Collaborative CEO Lindsay Owens join to discuss.
See omnystudio.com/listener for privacy information. - Democrats won control of both chambers of the US Congress in a midterm election landslide that amounted to a rejection of President Donald Trump following widespread voter discontent with the economy and the war in Iran.
Across the country, Democrats scored victories in GOP strongholds, flipping at least seven Senate seats and winning House races in districts Republicans easily carried in 2024. Several news organizations projected that Democrats would win the House, while Decision Desk HQ projected they took the Senate.
For reaction and analysis, hosts David Gura and Kailey Leinz speak with Adam Hodge, Managing Director at Bully Pulpit International and Bloomberg Contributor, Patrick McHenry, Former Republican Congressman from North Carolina, former House Financial Services Committee Chairman, Bloomberg Contributor and Ron Brownstein, Bloomberg Opinion columnist covering politics and policy.
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
The midterm elections have already set a record as the most expensive in US history, exceeding even the 2024 presidential race. Total spending on campaign ads this year is projected to surpass $12 billion, while more than 57 million Americans cast their ballots early. Voters say they are frustrated by the high cost of living, fuel prices that spiked after the launch of the Iran war, and uncertainty over where their jobs and the world’s largest economy are headed in the age of AI.
On today's episode:
Rick Davis, Partner at Stonecourt Capital & Bloomberg Politics Contributor
Bill Allison, Bloomberg News Campaign Finance Reporter
Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst
Wayne Sanders, Bloomberg Intelligence Senior Defense Analyst
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
Robinhood is competing with other retail brokerages over access to Anthropic's mega-IPO and others as they come to market. CFO Shiv Verma says the company continues to see demand for IPO access, adding, "We're making sure the companies know retail is here." He also discusses the use of AI agents in trading accounts, saying customers continue asking for more agentic tools. Verma also says Robinhood is seeing an increase in non-sports related trades on its prediction market platform.
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
Apple posted decelerating sales growth in its September quarter, with China revenue missing estimates, in its first earnings report since John Ternus took over as CEO. The growth marks a slowdown from a 16% increase in the June quarter. Elswhere, Anthropic disclosed a twelve-fold increase in quarterly revenue while also revealing it intends to spend over $895 billion in the coming years, and Marvell agreed to buy Lumentum in an historic $115 billion deal.
On today's episode:
Anurag Rana, Bloomberg Intelligence Senior Tech Analyst *POST APPLE EARNINGS.
Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech *POST APPLE EARNINGS.
Seth Fiegerman, Bloomberg News AI Editor .
Ryan Gould, Bloomberg News Deals Reporter .
See omnystudio.com/listener for privacy information.
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Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF.
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