Our top corporate story today, Target, the retailer rolling out CEO succession plans along with its quarterly results. Right now, those stock that stock is down by about 10%. Courtney Reagan's here and she's got more on this story.Clerk, good morning. Good morning. It's good to see you all.So, Target CEO succession getting more attention than its results this morning. After more than 11 years of CEO, Brian Cornell will transition to executive chairman at the end of the fiscal year. So, February 1st, current ...

And I do want to start here with this idea that we've had. Any time you have a big rally, you're always going to have these daily pullbacks, even weekly pullbacks, if you will. That doesn't necessarily mean the rally is over.And I do wonder if you see enough fundamental case there for this rally to reset and continue. Yeah, well, I view it as a bump in the road because it's our view. When you do a revolution, you're just continuing to get validation from earnings and from everything we've seen from the data ...

Let's talk markets, uh, Fed, interest rates, inflation, and so much more with a guy who you probably need to know even better than you may already. David Zervos is here. He's chief market strategist at Jeffre, CNBC contributor, and yes, now he is officially on the list of candidates being considered for the job of Fed chairman.So, good morning. Now, do you have to watch your words in a different way, do you feel like. I I I think that's probably fair to say.I would also say that uh you know I kind of have t ...

Boomers are turning 80 and they're about to reshape real estate. We're in this multi-year growth opportunity because we're serving this large and growing aging population. The demand supply is tipped very strongly in the favor of owners of this asset class. Supply is the lowest it's been in decades. It is a secular mega trend that's going to continue as the baby boomers start to turn 80 in 2026.And there's limited supply. ...

targets. Brian Cornell will be leaving the CEO position after leading the retail giant for the last 11 years. The company's current COO is going to be taking on that top job.That stock down by about 9.6% this morning. The company also announcing earnings this morning that were a little better than had been expected. But joining us right now to talk about all of it is former PVH chairman and CEO Manny Charo.He's now LNK partner and BCI Brands chairman. And Manny, you've been in this business for a long time. ...

The MTA runs New York City subways and buses and commuter trains that 6 million people rely on each weekday. And on Monday, board members approved close to a $2 billion contract to expand the Second Avenue subway line into East Harlem. Jay Patel is the CFO of the MTA.She's charged with quite the task, which I think it's fair to say many would find unenviable. Charting a sustainable path through one of the agency's most financially trying periods in its six decade history. She joins us here in the Bloomberg ...

More and more family offices are looking for alternatives to stocks when it comes uh to putting money to work. And Robert Frank joins us now with more. Hey, Robert.Good morning, Joe. Good to see you. Well, family offices have become the fastest growing market for alternatives and private assets.The number of family offices with exposure to alternative investments has increased by over 500% since 2016. That according to new data from Prequent. Now, the growth outpaced wealth management firms, sovereign wealt ...

Federal Reserve Chair Jerome Powell delivers remarks about the U.S. economy, his inflation outlook and potential interest rate forecasts at the annual Jackson Hole Economic Policy Symposium in Wyoming. #Fed #JeromePowell #WSJ ...

Apple shares up about 11% in August. There's been some recent headlines about expanding iPhone production in India along with the company's commitment to boost manufacturing here in the US. Joining us now with more on Apple Wzi Mohan, Bank of America securities analyst.Uh, Wamsy, the the stock looked like it was coming out of the doldrums in in August uh after what you don't typically hear about Apple up 2% over the past year. It's been dead money. No one's really done well and it's down year to date.The on ...

You know who's writing about all this is Jim Bandahigh about Republicans trying to find their footing. Let's bring in the Puliter Prizew winning columnist MSNBC political analyst Eugene Robinson and the co-founder and CEO of Axios Jim Vanderhigh. So Jim, we kind of walked right into your column. Let's read from it. It's titled the rising democratic MAGA movement. You write Democrats needing quote their own version of a populist anti-establishment magalike makeover. So what does that look like, Jim? Yeah, it ...