President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz offer instant reaction.

President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz offer instant reaction.

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

SPECIAL REPORT: Trump Nominates Scott Bessent To Lead US Treasury

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ced7e613-3572-40a5-af35-b231000b70ba/transcript

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

Some people have been taught that success comes from careful planning, learning the ropes, and earning one promotion at a time. But what about the people who seem to skip all that? In "You Can Just Do Things", Cate Hall argues that the so-called “rules” of success aren’t rules at all — they’re productivity guidelines for low-agency people. Hall shows readers how to live with agency and take control of your future

For more, Carol Massar and Tim Stenovec speak with Cate Hall, author of the book “You Can Just Do Things: How High-Agency People Get What They Want Out of Life”

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>. Some people have been taught that success comes from careful planning, learning the ropes, and earning one promotion at a time. But what about the people who seem to skip all that? In "You Can Just Do Things", Cate Hall argues that the so-called &ldquo;rules&rdquo; of success aren&rsquo;t rules at all &mdash; they&rsquo;re productivity guidelines for low-agency people. Hall shows readers how to live with agency and take control of your future For more, Carol Massar and Tim Stenovec speak with Cate Hall, author of the book &ldquo;You Can Just Do Things: How High-Agency People Get What They Want Out of Life&rdquo;

How High Agency People Can Get What They Want Out of Life

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/14f990d0-2e6c-4965-92cf-b49f0156b308/transcript

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

Bloomberg Businessweek Weekend - August 7th, 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/532177b0-d8e7-4bc9-8712-b49f00e89ed9/transcript

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

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor market is weaker than previously thought after surprising strength earlier this year.

Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed Friday. The unemployment rate fell to 4.1% as labor force participation continued to slide, and wage growth slowed.
The report suggests the labor market may be starting to falter amid rising prices and uncertainty from the Iran war, despite recent data showing strength in consumer spending and business investment. The data could also prompt the Federal Reserve to delay interest-rate increases as officials weigh inflation against risks to employment.US stocks opened higher and Treasury yields fell as investors reduced bets on a Fed rate hike in September. Still, upcoming reports on consumer prices — including data for July next week — could ultimately decide the Fed’s course of action next month.

On this episode, Carol Massar and Tim Stenovec speak with:
Mike McKee, Bloomberg TV and Radio International Economics & Policy Correspondent AND Matthew Luzzetti, Chief US Economist, Deutsche Bank
Laura Ulrich, Director of Economic Research, Indeed on where the jobs are, hiring trends, AI in the jobs market
Randall Williams, Bloomberg News Senior Reporter & Co-Host of ‘Business of Sports’ Podcast on latest podcast episode, sports streaming prices, FIFA latest
Davide Barbuscia, Bloomberg News Corporate Finance Reporter on AI Debt Indigestion Forces Wall Street to Rethink Bond Sales

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>. US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor market is weaker than previously thought after surprising strength earlier this year. Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed Friday. The unemployment rate fell to 4.1% as labor force participation continued to slide, and wage growth slowed. The report suggests the labor market may be starting to falter amid rising prices and uncertainty from the Iran war, despite recent data showing strength in consumer spending and business investment. The data could also prompt the Federal Reserve to delay interest-rate increases as officials weigh inflation against risks to employment.US stocks opened higher and Treasury yields fell as investors reduced bets on a Fed rate hike in September. Still, upcoming reports on consumer prices &mdash; including data for July next week &mdash; could ultimately decide the Fed&rsquo;s course of action next month. On this episode, Carol Massar and Tim Stenovec speak with:
<ul>
<li>Mike McKee, Bloomberg TV and Radio International Economics &amp; Policy Correspondent AND Matthew Luzzetti, Chief US Economist, Deutsche Bank</li>
<li>Laura Ulrich, Director of Economic Research, Indeed on where the jobs are, hiring trends, AI in the jobs market</li>
<li>Randall Williams, Bloomberg News Senior Reporter &amp; Co-Host of &lsquo;Business of Sports&rsquo; Podcast on latest podcast episode, sports streaming prices, FIFA latest</li>
<li>Davide Barbuscia, Bloomberg News Corporate Finance Reporter on AI Debt Indigestion Forces Wall Street to Rethink Bond Sales</li>
</ul>

Soft Jobs Data Trims Fed Rate-Hike Bets

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c51156de-c4d6-4c9b-a770-b49f01458fd0/transcript

SPECIAL REPORT: Trump Nominates Scott Bessent To Lead US Treasury

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