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Bloomberg News Economics Editor Molly Smith discusses US core PCE advancing 0.2% in July, in line with expectations, reinforcing policymakers’ plan to start cutting interest rates next month. Bloomberg News Business of Sports Reporter Ira Boudway shares the details of his Businessweek Magazine story Private Equity Sets Sights on $30 Billion Youth Sports Industry. Bloomberg News Senior Reporter Gillian Tan explains why the hottest celebrity ticket this year is free US Open seats. And we Drive to the Close with David Dietze, Senior Investment Strategist at Peapack Private Wealth Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.