Trump Taps Stephen Miller as New Chief of Staff; Chip Stocks Climb After Rout

 

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

A rebound in chipmakers propped up the stock market as dip buyers emerged despite economic data that reinforced speculation the Federal Reserve will boost rates in December. Technology stocks staged a sharp recovery, but whether that holds is another matter. Meantime, President Trump said he was tapping longtime aide Stephen Miller as his new chief of staff and that Susie Wiles will move to his political operation, shaking up his White House team days after a devastating midterm result.

On today's episode:

  • Jeff Mason, Bloomberg Washington Correspondent & Kailey Leinz, 'Balance of Power' Co-Host
  • Seth Fiegerman, Bloomberg News AI Editor
  • Max Chafkin, Bloomberg Businessweek Senior Reporter
  • Brad Loftus, Senior Partner at BCG
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Bloomberg Businessweek

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