Bloomberg's Caroline Hyde and Ed Ludlow discuss Fed Chair Jerome Powell testimony that failure to reach a deal on the national debt limit could have dire consequences for the economy, hinting a higher than expected rate hike, and upping his fight with crypto. Plus Meta is planning to layoff thousands more this week to fulfill CEO Mark Zuckerberg's Year of Efficiency. 

Bloomberg's Caroline Hyde and Ed Ludlow discuss Fed Chair Jerome Powell testimony that failure to reach a deal on the national debt limit could have dire consequences for the economy, hinting a higher than expected rate hike, and upping his fight with crypto. Plus Meta is planning to layoff thousands more this week to fulfill CEO Mark Zuckerberg's Year of Efficiency.

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The only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Tech

Powell Spooks Markets, More Job Cuts at Meta

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