 On this edition of Wall Street Week, Stephanie Flanders, Bloomberg News Head of Economics and Government explains why the US labor market shows signs of weakening under the surface. Kenneth Jacobs, Lazard Executive Chairman tells us why the Supreme Court's reversal of the Chevron doctrine is not necessarily a pro-business decision, and Peter Georgescu, Young & Rubicam Chairman Emeritus recounts his journey from communist Romania to the US and reflects on 70 years as an American. 

On this edition of Wall Street Week, Stephanie Flanders, Bloomberg News Head of Economics and Government explains why the US labor market shows signs of weakening under the surface. Kenneth Jacobs, Lazard Executive Chairman tells us why the Supreme Court's reversal of the Chevron doctrine is not necessarily a pro-business decision, and Peter Georgescu, Young &amp; Rubicam Chairman Emeritus recounts his journey from communist Romania to the US and reflects on 70 years as an American.

Wall Street Week tells the stories of capitalism from around the world, hosted by David Westin in New York.

Wall Street Week tells the stories of capitalism from around the world, hosted by David Westin in New York.

David Westin speaks with top names in finance about the week's biggest issues on Wall Street.

Wall Street Week

Bloomberg Wall Street Week - July 5th, 2024

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a19556e5-4d03-4ae5-9100-b1a5002e9f7a/transcript

This week, Ray Dalio explains why markets shrug off wars and why this time might be different. And, why are AI executives warning about the dangers of systems they are simultaneously racing to build?  Plus, China’s massive investments in energy infrastructure are increasingly shaping the global competition for artificial intelligence leadership and industrial power. Later, can New York remain attractive to businesses and young workers while raising taxes to close a growing budget shortfall?

This week, Ray Dalio explains why markets shrug off wars and why this time might be different. And, why are AI executives warning about the dangers of systems they are simultaneously racing to build?&nbsp; Plus, China&rsquo;s massive investments in energy infrastructure are increasingly shaping the global competition for artificial intelligence leadership and industrial power. Later, can New York remain attractive to businesses and young workers while raising taxes to close a growing budget shortfall?

Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/29bc1208-a0fd-4cfa-ab06-b44b013da574/transcript

This week, China thinks it's cracked the code on Trump heading into a summit in Beijing. And, what happens when a country's best and brightest travel overseas and stop coming back? Plus, the most useful thing about crypto might be the one nobody's talking about: cheap and fast cross-border payments. Later, the smartest bet in the sparkling water boom might not be on any brand, but on the companies behind them.

This week, China thinks it's cracked the code on Trump heading into a summit in Beijing. And, what happens when a country's best and brightest travel overseas and stop coming back? Plus, the most useful thing about crypto might be the one nobody's talking about: cheap and fast cross-border payments. Later, the smartest bet in the sparkling water boom might not be on any brand, but on the companies behind them.

High Stakes Summit, New Zealand’s Talent Troubles, Stablecoin Adoption, Sparkling Water Boom

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c88ee2b5-9ac7-4c30-9b0f-b444016d1ae6/transcript

This week, The Fed made its call this week, but Kevin Warsh may be about to change the institution itself. And, AI made coding easy for everyone, and that's the best and worst thing to happen to software engineering. Plus, can the same technology that unlocked oil and gas now unlock clean energy? Later, the city that was built by the mob is now betting its future on dayclubs, nightlife, and premium experiences.

This week, The Fed made its call this week, but Kevin Warsh may be about to change the institution itself. And, AI made coding easy for everyone, and that's the best and worst thing to happen to software engineering. Plus, can the same technology that unlocked oil and gas now unlock clean energy? Later, the city that was built by the mob is now betting its future on dayclubs, nightlife, and premium experiences.

Warsh’s Fed, Vibe Coding, Geothermal Energy, Vegas Bets Big

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f2345061-b744-4343-a787-b43d013c0954/transcript

Bloomberg Wall Street Week - July 5th, 2024

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