Bloomberg Wall Street Week - July 12th, 2024

Bloomberg Wall Street Week - July 12th, 2024

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Dudley on Powell, Saudi Arabia Tourism, Megapass Skiing

This week, former New York Fed President Bill Dudley discusses the Justice Department’s criminal investigation of Fed Chair Jay Powell. And, Saudi Arabia is betting big on tourism to diversify its economy and transform how the world sees the Kingdom. Plus, Israel’s startup econom ...  Show more

US-Venezuela Policy, Farming Without Subsidies, Robotaxis, Mount Everest Exclusivity

This week, what the Trump Administration’s action in Venezuela reveals about America’s new foreign policy priorities. And, could New Zealand’s no-subsidy agriculture industry work around the world? Plus, is 2026 finally the year robotaxis move beyond hype and tiny test zones? Lat ...  Show more

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Wall Street bifurcation widens
Squawk Box Europe Express

Wall Street is split, with the Nasdaq recording its worst session since December 2022 while the rotation away from tech stocks continues, helping the Dow to close above the 41,000-point mark for the first time. President Biden pulls out of an event in Nevada after testing posi ...

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Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up
Bloomberg Businessweek

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani explains the issues with Nvidia's expensive valuation. Bloomberg News Economics Editor Molly Smith and Bloomberg Intelligence Chief US Interest ...  Show more

Goldman Vice Chairman & Former Dallas Fed President Rob Kaplan Talks Fed Might Not Be Cutting Rates This Year
Bloomberg Talks

Goldman Sachs Vice Chair Robert Kaplan, former president of the Federal Reserve Bank of Dallas, says he expects sluggish growth but not a recession. Speaking with Sonali Basak at the Goldman Sachs Tenth Annual Leveraged Finance and Credit Conference in Dana Point, California, Kap ...  Show more

JP Morgan Chase CEO Jamie Dimon Talks Startups, AI, Rates
Bloomberg Talks

Jamie Dimon said JPMorgan Chase & Co. is taking steps to build out its business servicing startups and venture capital firms after two prominent San Francisco Bay area banks failed earlier this year. The chairman and CEO spoke in an exclusive, wide-ranging interview with Bloomber ...  Show more