On today’s Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec speak with Stuart Paul on the increasing pressure on Jerome Powell, as Trump pushes the Fed to cut rates. Then, Morgan Stanley’s Head of US Policy Monica Guerra joins to talk the importance of an Independent Fed as well as Trump lowering tariffs against the Philippines to 19% following his meeting with President Marcos. Kenneth Shea outlines Coca-Cola launching a cane sugar option in the US come fall, and David Welch breaks down General Motors suffering a billion dollar hit to its profits due to tariffs. Max Chafkin drops in to detail SpaceX warning its investors that Elon Musk could return to US politics, and Sonali Basak previews her conversation with Carlyle Group CEO Harvey Schwartz on her new show ‘Bullish.’
Chapters:
00:00:00 – Bloomberg Businessweek Daily Starts
00:05:10 – Stuart Paul Discusses the Increasing Pressure on Powell as Trump Pushes Fed to Cut Rates
00:12:24 – Morgan Stanley’s Monica Guerra on Importance of an Independent Fed, Trump’s Philippines Tariffs
00:21:51 – Kenneth Shea Details Coca-Cola Launching US Cane Sugar Offering This Fall
00:27:16 – David Welch Breaks Down GM Suffering Billion Dollar Profit Hit Due to Tariffs
00:32:31 – Max Chafkin Talks SpaceX Warning Investors Musk Could Return to US Politics
00:41:52 – Sonali Basak Previews Her Conversation with Carlyle Group CEO Harvey Schwartz on ‘Bullish’
00:48:33 – Norah Mulinda with Stocks on the Move
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