Yellen Pitches Biden’s Economic Strategy, Citing Real Wage Gains
Treasury Secretary Janet Yellen will next week advance the growing effort among administration officials looking to convince voters that Bidenomics is benefiting ordinary Americans, despite more than two years of punishing inflation. #press
Markets, Chevrolet, and Hunter Biden (Podcast)
Source: Bloomberg, 53:18 #press
DOJ Assigns Special Counsel in Hunter Biden Probe
US Attorney General Merrick Garland appoints a special counsel to oversee the government's ongoing criminal investigation of President Joe Biden's son Hunter Biden. Garland tapped US Attorney David Weiss, who is already leading the probe. Garland speaks in Washington. (Source: Bloomberg) #press
Ted Seides on the World’s Elite Money Managers (Podcast)
Source: Bloomberg, 81:30 #press
UBS to Accelerate Credit Suisse Integration as $10 Billion Safety Net Ends
Five months after being pulled into the rescue of Credit Suisse, UBS Group AG’s decision to break free of a government backstop is set to accelerate the historic takeover of its smaller rival. #press
Bloomberg Daybreak Weekend: Retail, Data, Indictments (Podcast)
Source: Bloomberg, 35:29 #press
Bloomberg Daybreak Weekend: Retail, Data, Indictments (Podcast)
Source: Bloomberg, 35:29 #press
Bloomberg Daybreak Weekend: Retail, Data, Indictments (Podcast)
Source: Bloomberg, 35:29 #press
Surprise: The Bloomberg Close, Europe Edition
Happy Friday. Here’s what you need to know to end your day. #press
Growth Surprise: The Readout With Ruth David
Today’s surprisingly strong quarterly growth numbers for the UK economy are good news for the government, but maybe less so for consumers grappling with a cost of living crisis. #press
Return to Office Progress (Audio)
Source: Bloomberg, 6:53 #press
What Hot Union Summer Means for the Economy
Hello and welcome to the weekly Odd Lots newsletter, where Joe Weisenthal and Tracy Alloway bring you their thoughts on the most interesting developments in markets, finance and economy. If you like chatting with us, check out the Odd Lots Discord, where you can hang out and talk with us and with other listeners 24/7. #press
Blinken Hopes to End Nightmare for Americans in Iran
Iran moved four US citizens from prison to house arrest in the first step of an emerging deal in which the US is expected to unfreeze $6 billion in assets to Tehran and free several jailed Iranians. Secretary of State Antony Blinken calls the transfer a "positive step," but more work has to be done. He... #press
The Mid-August Muni Bond Market (Audio)
Source: Bloomberg, 4:55 #press
Hawaii Governor Expects Wildfire Death Toll to Rise
Hawaii Governor Josh Green warned that the death toll from wildfires on Maui is probably going to keep rising. At least 55 have been killed so far. He spoke on Aug. 10. (Source: Bloomberg) #press
Yellow Is Having an Odd Bankruptcy as New Loan Offers Pour In
Creditors are eyeing the firm’s $2 billion in assets like trucking terminals #press
The Uber of Motorcycles (Audio)
Source: Bloomberg, 6:11 #press
https://www.bloomberg.com/news/audio/2023-08-11/the-uber-of-motorcycles-audio?utm_source=press.coop
Breaking Down the Week's Eco Data (Audio)
Source: Bloomberg, 9:23 #press
Surveillance: Hollenhorst on Soft Landing (Podcast)
Source: Bloomberg, 30:33 #press
Cardi B and the History of Crowds Behaving Badly
It’s the summer of audiences behaving badly, but we should resist the temptation to blame social media solely for the problem. Bloomberg Opinion's resident historian Stephen Mihm gives us insight into America's vibrant past of rowdy concertgoers. (Source: Bloomberg) #press