Bloomberg Wall Street Week - December 2nd, 2022

Bloomberg Wall Street Week - December 2nd, 20...

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AI-Era Internet, Spaceport Investment, Bolivia’s Investability

This week, the dollar remains the world’s dominant currency, but economist Ken Rogoff thinks rising debt and geopolitical shifts are eroding its position as the world’s reserve currency. And, AI-powered search is reducing web traffic, forcing publishers to rethink how they attrac ...  Show more

 . 48min 0sec
Britain’s Debt Problem, AI’s Local Burden, Poland’s Economic Boom

This week, the UK’s debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as long-term infrastructure, but neighbors worry about noise, water use, power demand and lasting co ...  Show more

 . 47min 50sec

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US Inflation Ebbs for First Time in Six Months in Relief for Fed
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith, Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg Economics US economist Stuart Paul discuss the US core consumer price index cooling ...  Show more

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Apple Outlook Mixed Post-Earnings on China Concerns
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Angelo Zino, Senior Equity Analyst at CFRA Research, breaks down Apple sales declining for a fourth straight quarter, marking the longest slowdown since 2001, as the company struggles with sluggish demand and a shaky smartphone market in China. Bloomberg News International Econom ...  Show more

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Fed Hiking Cycle Looks Done After US Jobs Report Shows Cooling
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Yelena Shulyatyeva, Senior US Economist at BNP Paribas and Bloomberg News Economics Reporter Steve Matthews discuss the impact of the October jobs report on Fed policy. Julia Pollak, Chief Economist at ZipRecruiter, also talks about the jobs report and labor market trends she is ...  Show more

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Minutes Show Officials Rallying Around Higher-for-Longer Rates
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve officials earlier this month coalescing around a desire to hold interest rates higher for longer and “many” ...  Show more

 . 49min 44sec