 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Apollo Management Chief Economist Torsten Slok explains why he thinks the Fed will not cut interest rates this year. Bloomberg News Equality Team Reporters Jeff Green and Simone Foxman share how corporate-speak about diversity is getting an update. Bloomberg News National Desk Reporter Nacha Cattan discusses Darien, CT becoming a mini-Greenwich as demand for space in areas closer to where people live, and away from urban cores, becomes more popular. And we Drive to the Close with David Harden, CIO of Summit Global Investments. 
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. 

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Apollo Management Chief Economist Torsten Slok explains why he thinks the Fed will not cut interest rates this year. Bloomberg News Equality Team Reporters Jeff Green and Simone Foxman share how corporate-speak about diversity is getting an update. Bloomberg News National Desk Reporter Nacha Cattan discusses Darien, CT becoming a mini-Greenwich as demand for space in areas closer to where people live, and away from urban cores, becomes more popular. And we Drive to the Close with David Harden, CIO of Summit Global Investments. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

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. 

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.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Apollo’s Torsten Slok Says Fed Will Not Cut Rates in 2024

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0066641b-5936-4a0b-a7cf-b126015a7903/transcript

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

Apple has filed a lawsuit against OpenAI, alleging that the company systematically stole its intellectual property by asking former Apple employees to bring information about unreleased products. Apple is seeking monetary damages and an order requiring OpenAI to halt the alleged conduct and destroy any proprietary materials, which could disrupt OpenAI's device ambitions and slow its recruiting pipeline. The lawsuit may cause OpenAI to become more cautious, create more red tape, and slow development, potentially forcing the company to redesign its products if Apple proves that OpenAI incorporated its trade secrets into upcoming devices.

For more, Carol Massar and Tim Stenovec speak with Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Apple has filed a lawsuit against OpenAI, alleging that the company systematically stole its intellectual property by asking former Apple employees to bring information about unreleased products. Apple is seeking monetary damages and an order requiring OpenAI to halt the alleged conduct and destroy any proprietary materials, which could disrupt OpenAI's device ambitions and slow its recruiting pipeline. The lawsuit may cause OpenAI to become more cautious, create more red tape, and slow development, potentially forcing the company to redesign its products if Apple proves that OpenAI incorporated its trade secrets into upcoming devices. For more, Carol Massar and Tim Stenovec speak with Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech

Apple’s Lawsuit Will Disrupt OpenAI’s Bid to Rival the iPhone

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f1a2594c-75c5-42aa-86b7-b4860150f592/transcript

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

President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway.
Trump’s announcement Monday, in which he asserted the US would become the waterway’s “GUARDIAN,” intensifies an ongoing spat between Washington and Tehran over the status of the crucial shipping passage at the center of the two nations’ revived conflict.

US military forces will resume blockading traffic to and from Iranian ports and coastal areas beginning July 14 at 4 p.m. New York time, Central Command said in a statement.
Oil prices rose more than 9% Monday as traders rushed to price in flows through Hormuz possibly slowing again, while stocks and bonds fell.

On this episode, Carol Massar and Tim Stenovec speak with:
Rockford Weitz Professor of Practice in Maritime Studies at The Fletcher School at Tufts University
Ian King, Bloomberg News US Semiconductor Reporter on SK Hynix, TSMC, chip trade
Roger Crandall, CEO, Mass Mutual
Erik Wasson, Bloomberg News Congressional Reporter on Graham Death Sets Up Succession Drama in South Carolina

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway. Trump&rsquo;s announcement Monday, in which he asserted the US would become the waterway&rsquo;s &ldquo;GUARDIAN,&rdquo; intensifies an ongoing spat between Washington and Tehran over the status of the crucial shipping passage at the center of the two nations&rsquo; revived conflict. US military forces will resume blockading traffic to and from Iranian ports and coastal areas beginning July 14 at 4 p.m. New York time, Central Command said in a statement. Oil prices rose more than 9% Monday as traders rushed to price in flows through Hormuz possibly slowing again, while stocks and bonds fell. On this episode, Carol Massar and Tim Stenovec speak with:
<ul>
<li>Rockford Weitz Professor of Practice in Maritime Studies at The Fletcher School at Tufts University</li>
<li>Ian King, Bloomberg News US Semiconductor Reporter on SK Hynix, TSMC, chip trade</li>
<li>Roger Crandall, CEO, Mass Mutual</li>
<li>Erik Wasson, Bloomberg News Congressional Reporter on Graham Death Sets Up Succession Drama in South Carolina</li>
</ul>

Trump Restarts Iran Blockade as US Plans 20% Hormuz Charge

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/632eae7f-6b40-4163-8c80-b4860156e54a/transcript

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

Belle Burden's memoir, Strangers, has spurred women to open the books on their marital finances and take control of their money. Women who have read the book are taking steps such as reading tax returns, checking beneficiaries, and asking questions about their financial situations. The book's influence is showing up in financial advisers' and lawyers' offices, with women seeking to rework or create financial agreements with their partners and protect their assets.

For more, Carol Massar and guest host Isabelle Lee speak with Abha Bhattarai, Bloomberg News Equality Team Leader

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Belle Burden's memoir, Strangers, has spurred women to open the books on their marital finances and take control of their money. Women who have read the book are taking steps such as reading tax returns, checking beneficiaries, and asking questions about their financial situations. The book's influence is showing up in financial advisers' and lawyers' offices, with women seeking to rework or create financial agreements with their partners and protect their assets. For more, Carol Massar and guest host Isabelle Lee speak with Abha Bhattarai, Bloomberg News Equality Team Leader

Hit Memoir ‘Strangers’ Has Wealthy Women Checking Marital Mone

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4b1134c2-eddb-4e2c-a58e-b48301561ce6/transcript

Apollo’s Torsten Slok Says Fed Will Not Cut Rates in 2024

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