Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.     

Bloomberg News Senior Finance Reporter Sri Natarajan discusses JPMorgan CEO Jamie Dimon moving some of his top lieutenants into new senior roles, positioning them for more experience running the firm’s operations as he prepares potential successors. Kevin Davis, Americas CEO at JLL Hotels & Hospitality, shares the firm's Global Hotel Investment Outlook. Bloomberg News Labor Reporter Josh Eidelson provides the details of his Businessweek Magazine cover story Can America’s New Union Hero Take on Elon Musk’s Tesla? Christopher Merrill, CEO of Harrison Street, talks about investing in alternative real estate. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management. 
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. 

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.      Bloomberg News Senior Finance Reporter Sri Natarajan discusses JPMorgan CEO Jamie Dimon moving some of his top lieutenants into new senior roles, positioning them for more experience running the firm’s operations as he prepares potential successors. Kevin Davis, Americas CEO at JLL Hotels &amp; Hospitality, shares the firm's Global Hotel Investment Outlook. Bloomberg News Labor Reporter Josh Eidelson provides the details of his Businessweek Magazine cover story Can America’s New Union Hero Take on Elon Musk’s Tesla? Christopher Merrill, CEO of Harrison Street, talks about investing in alternative real estate. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.&nbsp; Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

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

JPMorgan Shakes Up Top Ranks, Spotlighting Three Executives

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c7c50113-c19c-4c54-8f3f-b103015b2b26/transcript

The people, companies and trends shaping the global economy.


Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.


Kevin Warsh waited almost a decade before finally clinching President Donald Trump’s nomination to be chair of the Federal Reserve. He won’t need to wait as long before his first big test in the job.


Having won the race with a promise of “regime change” at the Fed, suggesting he would make significant changes, Warsh has pledged to shrink the Fed’s balance sheet and argued that a productivity boom driven by artificial intelligence will keep inflation low.


While that prognosis was enough to convince Trump, his Fed pick will now need to convince fellow policymakers and investors. After cutting rates three times late last year the Fed hit pause in January amid persistent inflation, signs of a stabilizing labor market and expectations for stronger growth in 2026. Traders aren’t pricing another rate cut until June, at the earliest.


The tension in Trump’s demand for cheaper borrowing costs may ultimately be resolved by a weakening labor market or lower inflation. Such a backdrop would greenlight Warsh to push for more rate cuts, and possibly win support from other policymakers.

Today's show features:
Bloomberg TV and Radio International Economics & Policy Correspondent Michael McKee on President Donald Trump’s intent to nominate Kevin Warsh to be the next chair of the Federal Reserve
Katy Kaminski, Chief Research Strategist and Portfolio Manager at AlphaSimplex Group, on the bond market and expectations for the Federal Reserve’s next leader
Jan van Eck, Chief Executive Officer of VanEck Funds, on the stock and commodities market outlook and investing through ETFs
Ellen Wald, President of Transversal Consulting and Senior Fellow at the Atlantic Council, on earnings from Exxon and Chevron, and the energy market amid unrest related to events in Iran and Venezuela

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>.
 Kevin Warsh waited almost a decade before finally clinching President Donald Trump&rsquo;s nomination to be chair of the Federal Reserve. He won&rsquo;t need to wait as long before his first big test in the job.
 Having won the race with a promise of &ldquo;regime change&rdquo; at the Fed, suggesting he would make significant changes, Warsh has pledged to shrink the Fed&rsquo;s balance sheet and argued that a productivity boom driven by artificial intelligence will keep inflation low.
 While that prognosis was enough to convince Trump, his Fed pick will now need to convince fellow policymakers and investors. After cutting rates three times late last year the Fed hit pause in January amid persistent inflation, signs of a stabilizing labor market and expectations for stronger growth in 2026. Traders aren&rsquo;t pricing another rate cut until June, at the earliest.
 The tension in Trump&rsquo;s demand for cheaper borrowing costs may ultimately be resolved by a weakening labor market or lower inflation. Such a backdrop would greenlight Warsh to push for more rate cuts, and possibly win support from other policymakers. Today's show features:
<ul>
<li>Bloomberg TV and Radio International Economics &amp; Policy Correspondent Michael McKee on President Donald Trump&rsquo;s intent to nominate Kevin Warsh to be the next chair of the Federal Reserve</li>
<li>Katy Kaminski, Chief Research Strategist and Portfolio Manager at AlphaSimplex Group, on the bond market and expectations for the Federal Reserve&rsquo;s next leader</li>
<li>Jan van Eck, Chief Executive Officer of VanEck Funds, on the stock and commodities market outlook and investing through ETFs</li>
<li>Ellen Wald, President of Transversal Consulting and Senior Fellow at the Atlantic Council, on earnings from Exxon and Chevron, and the energy market amid unrest related to events in Iran and Venezuela</li>
</ul>

Warsh Set to Face Early Reality Check as Trump’s Man at the Fed

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/da1b087c-563f-437d-bf24-b3e201779e4a/transcript

The Trump administration has pushed a sweeping policy agenda intended to hinder immigration. This has included a move in September to increase the fees on H-1B visa applications to $100,000 apiece, a staggering tenfold hike, along with other changes that have made the program less desirable to employers. Foreign-born residents are facing increasing hostility from Washington, regardless of their legal status. For many, the long-term viability of a career in Silicon Valley seems less certain than ever. 

India is trying to attract skilled professionals to return home with policies like Bharat-Talent and Bharat-Return, and some foreign-born tech workers are already pivoting to the world's most populous country, where the tech industry is maturing and offering new opportunities. Saritha Rai details these developments in a Bloomberg Businessweek magazine, and speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

The Trump administration has pushed a sweeping policy agenda intended to hinder immigration. This has included a move in September to increase the fees on H-1B visa applications to $100,000 apiece, a staggering tenfold hike, along with other changes that have made the program less desirable to employers. Foreign-born residents are facing increasing hostility from Washington, regardless of their legal status. For many, the long-term viability of a career in Silicon Valley seems less certain than ever. 
India is trying to attract skilled professionals to return home with policies like Bharat-Talent and Bharat-Return, and some foreign-born tech workers are already pivoting to the world's most populous country, where the tech industry is maturing and offering new opportunities. Saritha Rai details these developments in a Bloomberg Businessweek magazine, and speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Trump’s H-1B Chaos Is Fueling an AI Boom in Indian Tech Industry

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a2359bb1-c0e8-40f1-bcac-b3e10175c762/transcript

The people, companies and trends shaping the global economy.


Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.


Apple Inc.’s revenue in the holiday quarter trounced Wall Street estimates, driven by strong demand for the new iPhone 17, growth in services and a rebound in China.


Revenue jumped 16% to $143.8 billion in the period that ended Dec. 27, setting a record, the company said in a statement Thursday. Analysts had estimated $138.4 billion on average, according to data compiled by Bloomberg. Apple’s own projections were for an increase 10% to 12%.


“IPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment,” Chief Executive Officer Tim Cook said in the statement.


The results reflect the success of Apple’s latest iPhone, a product line that accounts for roughly half its revenue. Higher-end versions of the device have been especially popular, helping further fuel sales and profit for the company.


Apple’s renewed growth should help ease concerns about its artificial intelligence push, which is getting an overhaul this year after recent stumbles. The performance also suggests that the company is coping with tariffs, which Apple previously said would create a $1.4 billion headwind in the quarter.


Today's show features:
Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman on Apple’s last financial numbers
Bloomberg Tech Co-Host Ed Ludlow dissects Apple’s earnings report
Tom Narayan, Lead Equity Analyst, Global Autos at RBC Capital Markets, on Tesla earnings and the broader car market
Lauren Goodwin, Economist and Chief Market Strategist at New York Life Investments on geopolitical risks in markets and the weakening US dollar

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 Inc.&rsquo;s revenue in the holiday quarter trounced Wall Street estimates, driven by strong demand for the new iPhone 17, growth in services and a rebound in China.
 Revenue jumped 16% to $143.8 billion in the period that ended Dec. 27, setting a record, the company said in a statement Thursday. Analysts had estimated $138.4 billion on average, according to data compiled by Bloomberg. Apple&rsquo;s own projections were for an increase 10% to 12%.
 &ldquo;IPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment,&rdquo; Chief Executive Officer Tim Cook said in the statement.
 The results reflect the success of Apple&rsquo;s latest iPhone, a product line that accounts for roughly half its revenue. Higher-end versions of the device have been especially popular, helping further fuel sales and profit for the company.
 Apple&rsquo;s renewed growth should help ease concerns about its artificial intelligence push, which is getting an overhaul this year after recent stumbles. The performance also suggests that the company is coping with tariffs, which Apple previously said would create a $1.4 billion headwind in the quarter.
 Today's show features:
<ul>
<li>Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman on Apple&rsquo;s last financial numbers</li>
<li>Bloomberg Tech Co-Host Ed Ludlow dissects Apple&rsquo;s earnings report</li>
<li>Tom Narayan, Lead Equity Analyst, Global Autos at RBC Capital Markets, on Tesla earnings and the broader car market</li>
<li>Lauren Goodwin, Economist and Chief Market Strategist at New York Life Investments on geopolitical risks in markets and the weakening US dollar</li>
</ul>

Apple Sales Crush Estimates in Record Quarter for the iPhone

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1db2dc6d-b2a8-4eba-8b00-b3e10179dee6/transcript

JPMorgan Shakes Up Top Ranks, Spotlighting Three Executives

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