White House Director of the National Economic Council Kevin Hassett says that slower labor force growth was lowered the number of jobs needed to keep unemployment steady, with the breakeven hiring rate hovering around 40,000. Speaking to Dani Burger and Mike McKee on Bloomberg Open Interest, Hassett says that President Trump regularly speaks with Fed Chair Kevin Warsh and that it is natural for the two to discuss economic and labor market data.

White House Director of the National Economic Council Kevin Hassett says that slower labor force growth was lowered the number of jobs needed to keep unemployment steady, with the breakeven hiring rate hovering around 40,000. Speaking to Dani Burger and Mike McKee on Bloomberg Open Interest, Hassett says that President Trump regularly speaks with Fed Chair Kevin Warsh and that it is natural for the two to discuss economic and labor market data.

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Listen for top interviews from Bloomberg News. Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.

Listen to top interviews from Bloomberg News.

Bloomberg Talks

White House NEC Director Kevin Hassett Talks Trump-Warsh Talks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dbdbf80f-0d6c-4be5-8271-b49f00f59fbc/transcript

BlackRock CIO of Global Fixed Income Rick Rieder says that he sees a "productivity revolution" in US, calling it "an ethos around companies growing their business and seeing how you can operate without that much employment," while speaking exclusively with Bloomberg News' Dani Burger and Michael McKee on Open Interest. Rieder also cautioned against a potential rate hike by the Fed and said that all markets are reflecting large supply from the AI hyperscalers.

BlackRock CIO of Global Fixed Income Rick Rieder says that he sees a "productivity revolution" in US, calling it "an ethos around companies growing their business and seeing how you can operate without that much employment," while speaking exclusively with Bloomberg News' Dani Burger and Michael McKee on Open Interest. Rieder also cautioned against a potential rate hike by the Fed and said that all markets are reflecting large supply from the AI hyperscalers.

BlackRock CIO Talks Job Report, Rates, Bonds

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/19b32e20-5876-49ee-a50c-b49f00eb4635/transcript

Port of Los Angeles Executive Director Gene Seroka says that big box retailers are driving heavy volumes of clothes, electronics and furniture through Los Angeles and the neighboring Port of Long Beach this summer. He speaks with Bloomberg's Tom Keene and Damian Sassower

Port of Los Angeles Executive Director Gene Seroka says that big box retailers are driving heavy volumes of clothes, electronics and furniture through Los Angeles and the neighboring Port of Long Beach this summer. He speaks with Bloomberg's Tom Keene and Damian Sassower

Port of L.A. Leader Gene Seroka Talks Shipping

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/498dc63a-a9b3-40c4-bdd5-b49f00eb4634/transcript

Insurance Europe says the sector will be able to deal with the current levels of wildfires across the continent. Director General Thea Utoft Høj Jensen joins Bloomberg's Stephen Carroll and Caroline Hepker on Daybreak Europe to discuss how the insurance sector is responding to the increasing wildfire risks and whether pressure will grow on premiums.

Insurance Europe says the sector will be able to deal with the current levels of wildfires across the continent. Director General Thea Utoft H&oslash;j Jensen joins Bloomberg's Stephen Carroll and Caroline Hepker on Daybreak Europe to discuss how the insurance sector is responding to the increasing wildfire risks and whether pressure will grow on premiums.

Insurance Europe's Thea Utoft Høj Jensen Talks Wildfire Risks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/05778849-9c6a-4f00-8c91-b49f00a21d44/transcript

White House NEC Director Kevin Hassett Talks Trump-Warsh Talks

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