This is Bloomberg Businessweek Daily, reporting from the magazine that helps global leaders stay ahead with insight on the people, companies and trends shaping today's complex economy. Plus, global business, finance and tech news as it happens, Bloomberg Business Week Daily with Carol Massar and Tim Stanek back live on Bloomberg Radio, Television, YouTube and Bloomberg Originals. And good afternoon, everybody.Across bloomberg platforms. I'm Carol Massar along with tim stefanovic. This is bloomberg businessw ...

Obviously, uh you are one of five people that the secretary of treasury has on a short list to be the next chairman of the Fed. Um why would you want to be chairman of the Fed right now. You get to work with the president every day and he's not criticizing you at all.Uh no, um are you sure you want that job. And for me, I think that being director of the National Economic Council is my dream job. And if the president asks me to be Fed chair, then I'll of course I'll do it.Uh, but if I've not fed here, don't ...

Demand Forecast - IEA revises its oil demand forecast, projecting a 13% increase by 2050 instead of a plateau [1] - Global oil demand is expected to rise from 100 million barrels per day to 113 million barrels per day by 2050 [2] - Oil prices are projected to hover near $90 per barrel by 2035 [2] Market Implications - The report suggests that fossil fuels still have significant potential [2] - The revised demand scenario indicates a more challenging path to net zero emissions by mid-century [2] - The report serves as a reminder that oil remains relevant in the transition to net zero [3]

We believe the long national nightmare will be over tonight. It was completely and utterly foolish and pointless in the end. As we said all along, I I just want to apologize to any Americans who are out there who still have flight cancellations or delays today.I want to apologize to the many American families who were made to go hungry over the last several weeks. Our troops and other federal employees who are wondering where their next paycheck would come from. We're very optimistic about uh the vote tally ...

Government Shutdown Impact - Federal workers across the country missed paychecks due to the shutdown [1] - Millions of SNAP recipients faced food stability issues [1] Political Dynamics - Senate capitulation and House Republicans/White House actions contributed to the situation [1] - The White House attempted to sue for the ability to deny people access to food [1] Overall Assessment - The current situation is described as "reality" [2]

There's a wide expectation that the Federal Reserve Board might lower again in December. Do you have a view on whether the Fed does lower. It should be 25 basis points or 50 basis points as the President.Or do you have a view on what might be better for the economy. Well, I first want to say that I have high regard for Jay Powell. I've known him for a long time, has had economic conversations with him many, many times during the last administration in this time, too.And, you know, I think at times he and I ...

A lot of Democrats are pretty unhappy about the way this has gone in the Senate. And you're not terribly happy with the way Senator Chuck Schumer has handled things now that the bill is coming into your chamber. Are you a no vote.I'm a no vote because I don't believe we can sit idly by like while 20 million Americans face astronomical spikes in their health care. We have a moral responsibility to make sure people have food assistance, to make sure they have health care. And we're not meeting that moment.But ...

Yeah. And look in that party it's 10:30 p. m.was 9 p. m. , but that party goes to 4 a.m. But look, we've talked about it. There's going to be the deejay is going to stop playing music.Sometimes there could be glass on the dance floor. Maybe cops come to the party, but the party is going to form. These are just white knuckle moments.What I view is this tech bull market is two more years ahead of it in terms of a supercycle of CapEx. Dan, I know you travel, you spend a lot of your time traveling around the wo ...

Hello and welcome to the first episode of Odd Lots. I'm Joe Weisenthal, co-host of What'd You Miss. and editor at Bloomberg Markets, Noam Tracy Alloway, executive editor of Bloomberg Markets here at Odd Lots.We want to have a discussion every week about economics, finance, markets, market structure, which Tracy loves, maybe some politics and culture thrown in stuff that doesn't necessarily fit into the normal day to day conversation. And we couldn't think of any guest better to have than Tom Keene Am I kidd ...

I'm here with the man of the moment, CEO Ed Bastian, CEO of Delta on the 100th centennial celebration here at the New York Stock Exchange. It's also a wonderful day, not just because of that, Ed, and welcome. It's also there seems to be a light at the end of the tunnel.How relieved are you about what's going on in Washington, D. C. Or more importantly, I'm I'm glad we got to our 100th centennial and so proud of our people.First U.S. airline to reach 100 years of age. But, yeah, we're hoping that the boat co ...