Federal Reserve officials left their benchmark interest rate unchanged near zero and again vowed to use all their tools to support the U.S. economy amid a shaky recovery from the coronavirus pandemic.Discussing the news is Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg Stocks Editor Dave Wilson, Steven Skancke, Chief Economic Advisor at Keel Point, Ira Jersey, Bloomberg Intelligence Chief U.S. Interest Rate Strategist, Bloomberg Economics Senior U.S. Economist Yelena Shulyatyeva, Steve Blitz, Chief U.S. Economist at TS Lombard and Chuck Lieberman, Co-Founder & CIO at Advisors Capital Management.

Hosts: Jason Kelly and Scarlet Fu.  Producer: Doni Holloway. 

Federal Reserve officials left their benchmark interest rate unchanged near zero and again vowed to use all their tools to support the U.S. economy amid a shaky recovery from the coronavirus pandemic.Discussing the news is Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg Stocks Editor Dave Wilson, Steven Skancke, Chief Economic Advisor at Keel Point, Ira Jersey, Bloomberg Intelligence Chief U.S. Interest Rate Strategist, Bloomberg Economics Senior U.S. Economist Yelena Shulyatyeva, Steve Blitz, Chief U.S. Economist at TS Lombard and Chuck Lieberman, Co-Founder &amp; CIO at Advisors Capital Management.Hosts: Jason Kelly and Scarlet Fu. Producer: Doni Holloway.

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

Fed Leaves Rates Near Zero

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/89af53e1-f4a3-4630-9412-ae2b00629d7f/transcript

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

Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&P 500 dropped.

Benchmark 10-year yields hit the highest level in nearly two decades. Longer-dated Treasuries extended losses after a weak $13 billion sale of 20-year bonds. Brent crude settled above $108, fueling inflation worries. Bitcoin tumbled as the US Senate blocked a landmark crypto bill in an industry loss. 

On this special edition of the show, Carol Massar and Tim Stenovec host live from Huntington Beach, California from the Future Proof Festival.

Today's show features: 
Tony Davidow, Senior Private Market Strategist, Franklin Templeton Institute
Jan van Eck, VanEck Funds CEO
Jaime Magyera, Senior Managing Director, Head of U.S. Wealth and Head of Retirement, BlackRock
Scott Dennis, Head of ETFs, TCW

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>
Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&amp;P 500 dropped.
Benchmark 10-year yields hit the highest level in nearly two decades. Longer-dated Treasuries extended losses after a weak $13 billion sale of 20-year bonds. Brent crude settled above $108, fueling inflation worries. Bitcoin tumbled as the US Senate blocked a landmark crypto bill in an industry loss.&nbsp; On this special edition of the show, Carol Massar and Tim Stenovec host live from Huntington Beach, California from the Future Proof Festival. Today's show features: 
<ul>
<li>Tony Davidow, Senior Private Market Strategist, Franklin Templeton Institute</li>
<li>Jan van Eck, VanEck Funds CEO</li>
<li>Jaime Magyera, Senior Managing Director, Head of U.S. Wealth and Head of Retirement, BlackRock</li>
<li>Scott Dennis, Head of ETFs, TCW</li>
</ul>

Investing Trends and Worries at Future Proof in California

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/865e5d01-c5d6-49d0-b223-b4c6017c9fc0/transcript

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

Guest hosts Alexis Christoforous and Jess Mention speak with Shanta Thake. She's Ehrenkranz Chief Artistic Officer at Lincoln Center and joins to discuss the institution's ongoing commitment to making world-class performance more accessible through special programs and more. She also discusses some highlights from the upcoming seasons at the Lincoln Center, including the fifth annual 'Festival of Firsts' in October which spotlights artists exploring new territory.

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>. Guest hosts Alexis Christoforous and Jess Mention speak with Shanta Thake. She's Ehrenkranz Chief Artistic Officer at Lincoln Center and joins to discuss the institution's ongoing commitment to making world-class performance more accessible through special programs and more. She also discusses some highlights from the upcoming seasons at the Lincoln Center, including the fifth annual 'Festival of Firsts' in October which spotlights artists exploring new territory.

NYC's Lincoln Center Aims To Bring World Class Art To Everyone

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c51e0e50-64bd-407d-9d98-b4c50173f165/transcript

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

AI developers including Anthropic and OpenAI are clashing with the Trump administration over their calls for an industrywide slowdown in artificial intelligence development, a proposal that’s already triggered a selloff across technology stocks and has brought into question the resilience of a global data center boom.  

Bloomberg Economics uses a state-of-the-art approach to estimate exposure to AI across major economies, and expertise from the US and UK to Mainland China, South Korea, Taiwan and beyond to assess the current impact and future outlook.

On today's episode:
Tom Orlik, Bloomberg Economics Chief Economist
Mike Shepard, Bloomberg News Senior Editor of Technology & Strategic Industries
Brian Moynihan, Bank of America CEO with Bloomberg Deals Host, Dani Burger
John Tozzi, Bloomberg News Health Care Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
AI developers including Anthropic and OpenAI are clashing with the Trump administration over their calls for an industrywide slowdown in artificial intelligence development, a proposal that&rsquo;s already triggered a selloff across technology stocks and has brought into question the resilience of a global data center boom.&nbsp; Bloomberg Economics uses a state-of-the-art approach to estimate exposure to AI across major economies, and expertise from the US and UK to Mainland China, South Korea, Taiwan and beyond to assess the current impact and future outlook.
On today's episode:
<ul>
<li>Tom Orlik, Bloomberg Economics Chief Economist</li>
<li>Mike Shepard, Bloomberg News Senior Editor of Technology &amp; Strategic Industries</li>
<li>Brian Moynihan, Bank of America CEO with Bloomberg Deals Host, Dani Burger</li>
<li>John Tozzi, Bloomberg News Health Care Reporter</li>
</ul>

Global AI Supercycle Raises Productivity Questions

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f81ec834-47e5-45dc-aaef-b4c5017736ce/transcript

Fed Leaves Rates Near Zero

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