Wells Fargo & Co. Chief Executive Officer Charlie Scharf says the US economy is extremely strong, but he says consumers are adjusting their spending due to the war in Iran. He says many businesses are "nervous." He spoke Monday during an interview with David Rubenstein at the Economic Club of Washington DC. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit ht ...

Tariff refunds are potentially coming to retailers. Starting April 20th, businesses can file claims to recover money from tariffs imposed under the International Emergency Economic Powers Act. That follows a Supreme Court ruling that found that the White House's use of emergency tariff powers was unconstitutional back in February, potentially putting more than $160 billion on the table for U.S. importers.Companies like Walmart, Target and Nike are each due billions of dollars, and others like Gap and Macy's ...

The best young people want to be in office. Mediocre young people want hybrid. Bad want remote.You learn most, you absorb most, you grow most when you are in person, in office, working with your team. When you have a bad day and you're remote, you get a ping from a LinkedIn recruiter and you're like, "You know what? I don't really like it. It's not really what I thought it was." When you get a ping from a LinkedIn recruiter in the office and then your friend asks you, says, "Hey, do you want to go for a cof ...

First quick check on the markets. You can see a lot of red on this board. The Russell's the outlier up about a half a percent.The Dow pulling back fractionally right now. The S&P down about a third of 1%. The Nasdaq down more than a half a percent and on jeopardy of breaking it 13-day win streak.That's one of the win streaks we were talking about. Joe, um obviously a lot of this action follows the president um saying that extension to the ceasefire is unlikely. Also making some other comments saying a lot o ...

Would an operation like this be worth risking American lives. >> In my opinion, yes. >> Retired Vice Admiral Robert Harard is a former Navy Seal and deputy director of US Central Command.He led elite special operations in the Middle East and says an operation in Iran could take many weeks and require a large footprint involving all the branches of the military. >> It's high risk. You have to occupy territory. You have to confront uh you have to force your way in.So all those risks are inherent in that opera ...

Iran has been lying about its nuclear weapons effort for over 20 years now. They have always claimed our program was 100% peaceful. We were never pursuing nuclear weapons.That's a lie. And then once the international inspectors got in and started finding some things out, um the Iranians kept lying to them. What specifically does the United States need Iran to commit to to deal with its nuclear capabilities once and for all.>> I think the most important thing is no highlyenriched uranium and some indepth mon ...

Can you bomb your way to Iran's stockpile and get it and remove it. >> I don't think that there is a lasting, durable solution to Iran's nuclear program through military means. And so >> Scott Roker was a top official in the NNSA, a $ 24 billion agency buried inside the Department of Energy.He left in 2021. If there was a deal between the United States and Iran for the United States to take possession of that material, uh, it would be the National Nuclear Security Administration that would lead that effort. ...

There's no doubt that the combination of the strikes in June of last year and the ongoing war have seriously set back Iran's capabilities, but the remaining capabilities are substantial. You can't bomb away their knowledge. UN inspectors believe Iran has close to 1,000 pounds of uranium enriched to 60% nearly ready to be used in a nuclear weapon.>> 970 lbs of 60% highlyenriched uranium. What can you do with that. So that is enough material for if you enrich it just a little bit more for 10 to 11 nuclear bom ...

From touchdown to takeoff, Project Sapphire took six weeks to remove more than 1300 pounds of bombgrade uranium from Kazakhstan. Would the same mission be possible today in Iran. >> In Iran, we couldn't send a team in to do this unilaterally without great risk.You would need to set up in the middle of the country a secure perimeter. It would probably take thousands of US troops to secure the facility while our experts um excavated the HU that's located inside deep tunnels at a place called Isvahan. ...

It was a crazy time uh after the Soviet Union fell apart and we knew that Iran was pursuing uh nuclear material throughout the region. >> In 1994, after the fall of the Soviet Union, Andrew Weber was a young foreign service officer in the newly minted country of Kazakhstan, which held the fourth largest nuclear arsenal in the world. left behind by the Soviets.Part of it was sitting inside a factory. >> We knew about the factory. We knew it had a purpose in the in the nuclear power sector.What we didn't know ...