Bloomberg Wall Street Week - August 2nd, 2024

This week, Former IBM CEO Sam Palmisano discusses why companies may benefit from having a “Plan B” for AI implementation. And, AI may not be causing mass layoffs yet, but early data suggest it is already slowing wage growth in exposed occupations.Plus, Canada may have dodged Trum ...  Show more

This week, inflation may be edging lower, but as markets push rates higher, the Fed’s 2% inflation target might be a long way off. And, Mexico is building a land-based trade corridor that could give shipping companies more options when traditional channels are disrupted. Plus, as ...  Show more

Anton Schutz, President at Mendon Capital Advisors and Bloomberg News Wall Street Reporter Sonali Basak break down earnings results from many of the big US banks. Ecolab Chief Sustainability Officer Emilio Tenuta discusses providing affordable, secure and inclusive access to wate ...  Show more

Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg Intelligence Senior Retail Staples & Packaged Food Analyst Jennifer Bartashus break down October retail sales data and talk about Target and TJX earnings. Bloomberg Economics Chief Economist ...  Show more

Ken Leon, Global Director of Research at CFRA, breaks down big bank earnings and outlook. Hayley Berg, Economist at Hopper, shares her research on the travel outlook for 2024. Bloomberg Businessweek Editor Joel Weber and Bloomberg Intelligence Senior ETF Analyst Eric Balchunas ta ...  Show more

Bloomberg News White House Correspondent Jordan Fabian and Bloomberg Economics Chief Economist Tom Orlik discuss economic relations between the US and China and President Joe Biden blasting China’s economic problems as a “ticking time bomb.” Paxos CEO Charles Cascarilla talks abo ...  Show more