I THINK THE PRESIDENT'S GOT A GREAT HEAD OF HAIR. I DON'T THINK HE'S GOT A GOOD BARBER STYLIST. I WOULD LOVE TO CUT THE PRESIDENT'S HAIR AND SAY, YOU KNOW WHAT, DONALD, MR.TRUMP, PRESIDENT TRUMP, PLEASE SIT DOWN. LET ME FIX THIS. HEY EVERYBODY, AND WELCOME TO HERE'S THE SCOOP FROM NBC NEWS.I AM BRIAN CHUNG, FILLING IN FOR YASMIN VOSSOUGHIAN. THAT VOICE THAT YOU JUST HEARD, THAT WAS STEVEN ANDERSON. HE CUTS HAIR AT THE EXECUTIVE BARBERSHOP IN TOLEDO, OHIO, AND WAS ONE OF THE VOTERS OUR FRIEND JOHN ALLEN SPOK ...

ANNOUNCER: THIS IS "THE CLOSE." ROMAINE: WHAT’S A MERE $40 TRILLION AMONG FRIENDS. LIVE FROM STUDIO 2 HERE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I’M ROMAINE BOSTICK. >> AND I’M SALLY BAKE WELL AND WE’RE KICKING YOU OFF TO THE CLOSING BELL HERE IN THE U.S. SO, FIRST OF ALL, LET’S GET A CHECK ON THE MARKETS AS THEY NAVIGATE THIS HIGH STAKES DIVERGENCE BETWEEN BIG BOX RETAILER EARNINGS, WEAKER THAN EXPECTED JOBS DATA, AND OF COURSE THE TREASURY’S BOND BUYING MANEUVERS.SO LET’S SEE, FIRST OF ALL, WE HAVE THE S ...

ANNOUNCER: 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 BUSINESSWEEK DAILY" WITH KARL KRL AND TIM STENOVEC -- CAROL MASSER AND TIM STENOVEC.LIVE ON BLOOMBERG RADIO, TELEVISION, AND BLOOMBERG ORIGINALS. CAROL: A VERY GOOD AFTERNOON, EVERYBODY. YES WE ARE ACROSS BLOCK PLATFORMS.CAROL MASSER ALONG WITH ...

Market Trends & Macroeconomy - Dow Jones Industrial Average dropped more than 600 points due to rising Treasury yields and Walmart share declines[1] - US national debt surpassed $40 trillion, raising fiscal sustainability alarms[3] - Bitcoin surged 12% over two days amid push for the Clarity Act[8] Corporate Performance & Earnings - Walmart stock tumbled 9% after reporting slowing sales growth and cautious consumer spending despite raising its full-year outlook and receiving a $2.9 billion tariff refund[2] - Charter Communications completed a $34.5 billion acquisition of Cox[5] - Anthropic reached a $65 billion revenue run rate and prepared for an IPO[5] Industry Investment & Strategic Updates - Biotechnology companies Madna and Merck reported positive late-stage trial results for their melanoma cancer vaccine[4] - Micron Technology announced a $50 billion investment to expand Idaho operations[9] - Starbucks filed a layoff notice affecting over 200 jobs at its Seattle headquarters[9]

WELCOME TO MEET THE PRESS NOW I'M KRISTEN WELKER IN WASHINGTON. AS THE ECONOMY REACHES AN UNSETTLING NEW MILESTONE, THE U.S. DEBT HITTING $40 TRILLION FOR THE FIRST TIME AS PRESIDENT TRUMP CONTINUES TO FACE ECONOMIC HEADWINDS JUST MONTHS BEFORE THE MIDTERM ELECTIONS, ALL WHILE HE THREATENS WHAT HE'S CALLING ECONOMIC WARFARE AT AN UNPRECEDENTED SCALE ON IRAN. AS THAT WAR CONTINUES TO DRIVE UP ENERGY PRICES, THE DEBT HAS EXPLODED OVER SEVERAL ADMINISTRATIONS.IT ROSE NEARLY $8 TRILLION DURING THE FIRST TRUMP A ...

So, how do the moves in the bond market and the Treasury intervention mean for the Federal Reserve. Does it put more pressure on them to lower rates. Joining us now, Esther George, former Kansas City Fed President.Esther, great to see you and great to get your thoughts on this. Um, what is what is your take. uh because even if yields come down a bit, I mean the the issue here is the national debt, it's the deficit, it's the funding costs behind it and yields are still fairly high even if they are uh going t ...

Monetary Policy & Central Bank Dynamics - Federal Reserve Chair Kevin Warsh prepares for his debut at Jackson Hole amid market scrutiny over long-term yield control [2][4] - San Francisco Fed President Mary Daly affirms that monetary policy remains in a good restrictive place to steer inflation back to the 2% target [10][37][39] - Federal Reserve discussions consider reducing the frequency of policy meetings from 8 down to 6 times per year to optimize data alignment [105][106] Treasury & Government Debt Markets - U.S. 30-year Treasury yield peaks at 5.33%, marking the highest level since 2007 before retreating slightly [6] - U.S. public debt reaches a landmark milestone of 40 trillion dollars, driven largely by entitlement expenses and interest costs [26][27] - U.S. Treasury Secretary Scott Bessent announces plans to increase buybacks of longer-dated debt, starting with initial buybacks of 4 billion dollars and quarterly operations sized at 32 billion dollars [1][11][13] - Texas municipal borrowing costs trade at an average of 0.3% (or 30 basis points) higher than California, translating to an additional 3 million dollars annually for every 1 billion dollars borrowed due to anti-ESG legislation [93][97] Corporate Credit & Private Market Trends - Moody's highlights that the volume of private debt has surged to 481 billion dollars, prompting calls for stricter regulatory oversight on private credit ratings [45] - Alphabet issues debut Aussie dollar "Kangaroo bonds" at a yield just under 7% to fund capital expenditures [56][59] - Hyperscaler public debt issuance targets 250 billion dollars for the year, with current totals reaching 220 billion dollars [67]

WELCOME TO MEET THE PRESS NOW I'M KRISTEN WELKER IN WASHINGTON. AS THE ECONOMY REACHES AN UNSETTLING NEW MILESTONE, THE U.S. DEBT HITTING $40 TRILLION FOR THE FIRST TIME AS PRESIDENT TRUMP CONTINUES TO FACE ECONOMIC HEADWINDS JUST MONTHS BEFORE THE MIDTERM ELECTIONS, ALL WHILE HE THREATENS WHAT HE'S CALLING ECONOMIC WARFARE AT AN UNPRECEDENTED SCALE ON IRAN. AS THAT WAR CONTINUES TO DRIVE UP ENERGY PRICES, THE DEBT HAS EXPLODED OVER SEVERAL ADMINISTRATIONS.IT ROSE NEARLY $8 TRILLION DURING THE FIRST TRUMP A ...

>> LIVE FROM WASHINGTON DC, THIS IS BALANCE OF POWER WITH JOE MATHIEU AND KAILEY LEINZ. >> PRESIDENT TRUMP SAYS THE U.S. IS WAGING ECONOMIC WARFARE AGAINST IRAN WHILE THE TREASURY SECRETARY WAGES A WAR OF HIS OWN AGAINST HIGHER LONG-TERM RATES. WELCOME TO BALANCE OF POWER. I'M KAILEY LEINZ IN WASHINGTON WHERE THE TREASURY SECRETARY SAYS HE WILL HOLD A PRESS CONFERENCE ON MONDAY ON THE ECONOMIC LEVERS THE U.S. IS GETTING READY TO POLL TO BRING TEHRAN TO HEAL. HE ALSO SUGGEST THE BIGGER BUYBACKS THE TREASURY ...

We continue continue to see some stress on the consumer. And if you if you just take the second quarter as an example and you go month by month in June, we saw gas prices tick up above $4 a gallon. And I think there's some psychological uh perhaps impact to that.And we certainly saw among our customers and members that there were more they were more choiceful during that period of time that they're seemingly making tradeoffs because their wallets are stretched. It's why it's so important for us though to le ...