Bloomberg Businessweek

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Ho K. Nieh, chairman of the Nuclear Regulatory Commission joins following the UPRISE (Utility Power Reactor Incremental Scaling Effort) event at the White House, as part of the Trump administration's efforts to get more nuclear online to help meet rising energy demand. He speaks with guest hosts Christina Ruffini and Emily Graffeo.
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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.
Federal Reserve Chairman Kevin Warsh vowed to restore price stability following his first policy meeting since taking the helm of the US central bank, after officials left interest rates unchanged and signaled growing support for rate hikes this year.
“Persistently high prices are a burden for the American people, but the recent past need not be prologue,” Warsh said in his debut press conference as chairman. Officials “are unambiguous and unanimous. This committee will deliver price stability.”
At the same time Warsh played down somewhat the projections from his colleagues showing nine officials foresee at least one quarter-point hike this year, with six anticipating at least two. Another nine expected no move or a cut.
On this episode, guest hosts Christina Ruffini and Bloomberg's Emily Graffeo speak with:
Yelena Shulyatyeva, Senior US Economist at The Conference Board
Stuart Paul, Bloomberg Economics US and Canada Economist & Andrew Szczurowski, Strategic Income Portfolio Manager at Morgan Stanley Investment Management
Deborah Weinswig, CEO of Coresight Research
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Bloomberg's Lisa Abramowicz and Scarlet Fu discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Warsh vowed to restore price stability following his first policy meeting since taking the helm of the US central bank, after officials left interest rates unchanged and signaled growing support for rate hikes this year.

“Persistently high prices are a burden for the American people, but the recent past need not be prologue,” Warsh said in his debut press conference as chairman. Officials “are unambiguous and unanimous. This committee will deliver price stability.”
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Bloomberg's Lisa Abramowicz and Scarlet Fu break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.
Federal Reserve officials left interest rates unchanged and were split over whether they expect to raise rates this year.
Policymakers’ new projections indicated nine officials foresee at least one quarter-point hike this year, with six anticipating at least two. Another nine expected no move or a cut.
Notably, only 18 officials out of 19 entered their projections for rates at the end of 2026. The absence of an entry suggests new Chairman Kevin Warsh, who has been critical of so-called forward guidance, declined to submit a rate forecast.
In its first gathering under Warsh’s leadership, the Federal Open Market Committee voted unanimously Wednesday to hold its benchmark federal funds rate in a range of 3.5% to 3.75%.
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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.
Inside a Los Angeles cafe, the strife between the US and Iran faded briefly into the background as Iran opened its 2026 World Cup campaign in Southern California against New Zealand, ending with a respectable 2-2 draw.
As soon as the 90 minutes was up, the politics returned. Iran coach Amir Ghalenoei said his country is the "most oppressed team in the World Cup" in a press conference after the game, and claimed the team was being forced to return to their training base in Mexico without time for recovery.
The discord struck a nerve in parts of Los Angeles, which are sometimes dubbed Tehrangeles because the region is home to the world's largest Iranian diaspora community. While almost everyone in this expatriate enclave opposes the current government, many retain a loyalty to their national squad, known as Team Melli.
Bloomberg News LA bureau chief John Gittelsohn talks with Carol and Tim about the complex dynamics involved with Iran's FIFA World Cup team playing in the US.
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