For two decades, YouTube has tried to convince advertisers that it’s the future of entertainment. The streaming giant has spent the past few years trying to make itself the centerpiece of the living room. The company teamed up with TV manufacturers so watching YouTube on a TV became as easy as watching it on your phone or laptop. People can now leave comments and subscribe to YouTube channels on a TV, and creators can arrange videos as though they’re episodes of a show. Bloomberg News Managing E...
Jun 02, 2025•9 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloombe...
May 30, 2025•1 hr 15 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Elon Musk said he will continue to advise President Donald Trump even after stepping away from the Department of Government Efficiency effort he has spearheaded. “I expect to remain a friend and an adviser, and hopefully, if there’s anything the president wants me to do, I’m at the president’s service,” Musk said alongside Trump during a press conference Friday at the White House. “This is not the end of DOGE, but really the ...
May 30, 2025•26 min
Costco Wholesale Corp. posted better-than-expected earnings in the third quarter, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and other forces of economic turbulence. The retailer said it generated earnings per share of $4.28 for the quarter ended May 11, above what Wall Street analysts were expecting. The metric suggests that Costco is growing its business even as consumers prioritize necessities to save money. Burt Flickinger, Mana...
May 30, 2025•12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . A federal appeals court offered President Donald Trump a temporary reprieve from a ruling threatening to throw out the bulk of his sweeping tariff agenda, offering at least some hope to a White House now facing substantial new restrictions on its effort to rewrite the global trading order. The administration celebrated the order from the US Court of Appeals for the Federal Circuit as validating its vow to aggressively challen...
May 29, 2025•30 min
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explains why Asian investors are rethinking their strategy of investing in US assets. The trend has been driven by concerns over the US budget deficit, political polarization, and the impact of Trump's policies on the dollar. The shift away from US assets could lead to a significant unwinding of dollar investments, with potential beneficiaries including emerging markets, Europe, and Japan, and a possible appreciation of As...
May 29, 2025•8 min
Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed on results. Sales will be about $45 billion in the second fiscal quarter, which runs through July, the company said on Wednesday. That included the loss of roughly $8 billion in revenue from China because of export controls. The forecast was in line with analysts’ estimates, according to data compiled by Bloomberg. Nvidia shares rose about 4% in extended tradin...
May 28, 2025•15 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Nvidia Corp., the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed on results. Sales will be about $45 billion in the second fiscal quarter, which runs through July, the company said on Wednesday. That included the loss of roughly $8 billion in revenue from China because of export controls. The forecast was in line with analysts’ estimates, according ...
May 28, 2025•42 min
Sukhinder Singh Cassidy, Chief Executive Officer of cloud software company Xero, discusses the New Zealand-based company's outlook and its push to grow its small-business customer base in the United States. Xero is a global small business platform that helps customers supercharge their business by bringing together the most important small business tools, including accounting, payroll and payments. Singh Cassidy cites strong revenue growth in the US from its most recent earnings report, and also...
May 28, 2025•10 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Wall Street kicked off the week with a rally in stocks as consumer confidence rebounded sharply while the US and the European Union sped up trade talks. A global surge in bonds also helped sentiment. As equities halted a four-day slide, the S&P 500 climbed 2%. Nvidia Corp. paced gains in megacaps ahead of its results. Treasuries got a boost, pushing the 30-year yield below 5% on signs Japan will be ready to calm jittery d...
May 27, 2025•39 min
Marc Morial, President and CEO of the National Urban League, speaks on what has transpired in the five years since the killing of George Floyd. Plus his thoughts on the US Steel & Nippon Steel "partnership" See omnystudio.com/listener for privacy information.
May 27, 2025•14 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloombe...
May 23, 2025•1 hr 18 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump said that the tariffs he threatened against Apple Inc. earlier Friday would also be aimed at a wider range of device makers including Samsung Electronics Co. to spur them into moving manufacturing of their products to the US. “It would be more,” Trump said when asked at the White House whether his tariff threat would only apply to Apple. “It would be also Samsung and anybody that makes that product, oth...
May 23, 2025•34 min
Ben Reinhardt, CEO of Speculative Technologies and Businessweek Contributing Writer, breaks down how the US should study China's playbook, create new manufacturing paradigms, and preserve American strengths, such as its scientific and technological leadership and its relationships with allies. He argues this can be achieved by attracting foreign investment, building industrial hubs, developing new technologies like artificial intelligence, and fostering a welcoming environment for skilled immigr...
May 23, 2025•12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . The Trump Administration blocked Harvard University from enrolling international students, delivering a major blow to the school and escalating its fight with elite colleges to unprecedented levels. The US revoked Harvard’s Student and Exchange Visitor Program certification, meaning foreign students can no longer attend the university. Existing international students must transfer or lose their legal status, the Department of...
May 22, 2025•37 min
Matthew Skaruppa, Chief Financial Officer of Duolingo, details the language-learning platform's push into artificial intelligence. A Bloomberg Intelligence analysis indicates Duolingo's AI investments and expansion into math, music and chess lessons have the potential to attract more users to the platform and maintain its downloads lead in the large and fragmented language-learning market. Underpinned by the Duolingo Max subscription tier and its realistic speaking exercises, revenue could gain ...
May 22, 2025•12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Wall Street’s worries about a ballooning deficit that threatens America’s status as a safe haven were reflected in a $16 billion Treasury sale that saw lackluster demand - with stocks, bonds and the dollar falling. Treasuries got hit after a weak auction of 20-year bonds, whose 5% coupon rate was the highest since the tenor was reintroduced in 2020. Long-term debt bore the brunt of the selling, with 30-year yields jumping ove...
May 22, 2025•47 min
Jennifer Grancio, head of ETFs at TCW, discusses investment options through ETFs amid market volatility and the trade war. Wall Street’s rally took a breather on Tuesday, with stocks falling as traders awaited fresh catalysts after a six-day run that put the S&P 500 up almost 20% from its April lows. The US equity benchmark lost steam following an $8.6 trillion surge. Long-term Treasury yields climbed as fractious US budget negotiations kept focus on the growth in deficit spending. President...
May 21, 2025•9 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Elon Musk said he’s committed to still leading Tesla Inc. five years from now and expects to pare back his political spending, assuaging some investors’ concerns about the future of his most valuable company. The billionaire offered new details about his plans in a wide-ranging interview with Bloomberg News that also touched on his compensation, Tesla’s sliding sales and a possible spinoff of SpaceX’s Starlink satellite busine...
May 20, 2025•43 min
Bloomberg News Wealth Reporter Annie Massa speaks on Dominari, the tiny investment bank that, less than three years ago, pivoted from developing cancer therapies into finance. Since then it has lost about $70 million. For years its shifting priorities and tribulations remained largely out of the spotlight. That changed when it gained two recognizable backers: Donald Trump Jr. and Eric Trump. See omnystudio.com/listener for privacy information....
May 20, 2025•8 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . The US was stripped of its last top credit rating by Moody’s Ratings, reflecting deepening concern that ballooning debt and deficits will damage America’s standing as the preeminent destination for global capital and increase the government’s borrowing costs. Moody’s lowered the US credit score to Aa1 from Aaa on Friday, joining Fitch Ratings and S&P Global Ratings in grading the world’s biggest economy below the top, tri...
May 19, 2025•37 min
Wendi Whitmore, Chief Intelligence Security Officer, Palo Alto Networks, examines the cybersecurity landscape and how artificial intelligence and geopolitics are impacting global businesses. Wendi also weighs in on the revelation that hackers bribed overseas support agents for Coinbase to steal customer data for use in social engineering attacks. Coinbase's recent stock rally was briefly dented by news of thee hack, which is expected to cost the company $400 million and prompt a US regulatory in...
May 19, 2025•8 min
A smart and fun chat show about all things business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power) and Stacey Vanek-Smith (former co-host of NPR’s Planet Money and reporter for Marketplace), Everybody's Business is powered by the unparalleled sources and reporters who bring you Businessweek magazine’s headlines and the stories behind them. The show gives listeners a window into the discussions ...
May 18, 2025•1 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. See omnystudio.com...
May 16, 2025•1 hr 12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . A key House committee on Friday failed to advance House Republicans’ massive tax-and-spending bill after hard-line conservatives bucked President Donald Trump and blocked the bill over cost concerns. The House Budget Committee rejected the bill 21-16, with Republican Representatives Chip Roy, Ralph Norman, Josh Brecheen, and Andrew Clyde joining Democrats to vote against it. The four hardliners demanded deeper cuts to Medicai...
May 16, 2025•36 min
Julie Smolyansky, Chairperson of the Board, President and CEO of Lifeway Foods discusses what she considers to be a hostile takeover attempt by dairy-product maker Danone, which has been among Lifeway's major shareholders for more than 25 years. Danone responded in a statement issued to Bloomberg that "there is no ‘raid’ or ‘hostile bid,’ since Lifeway's board decided in November 2024 to reject Danone's highly attractive $27-per-share acquisition proposal, depriving Lifeway's shareholders of a v...
May 16, 2025•18 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Coinbase Global Inc. is cooperating with the US Securities and Exchange Commission on an agency probe into its previously reported user metrics, the company said Thursday. “This is a hold-over investigation from the prior administration about a metric we stopped reporting two and a half years ago, which was fully disclosed to the public,” Paul Grewal, Coinbase’s chief legal officer, said in a statement. “While we strongly bel...
May 15, 2025•38 min
Jeff DiLullo, Chief Region Leader of Philips North America, examines the state of the health-technology business as tariffs pressure supply chains amid President Donald Trump's trade war. The multinational company has been in operation for more than 130 years and does business in more than 100 countries around the global. Philips recently reported earnings, and saw 1Q adjusted Ebita beat company-compiled consensus estimates by 15%. See omnystudio.com/listener for privacy information....
May 15, 2025•10 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . The White House said President Donald Trump had secured deals totaling more than $243.5 billion with Qatar, laying the groundwork for a bigger $1.2 trillion economic pledge with the tiny Gulf country. “The landmark deals celebrated today will drive innovation and prosperity for generations, bolster American manufacturing and technological leadership, and put America on the path to a new Golden Age,” the White House said. The ...
May 14, 2025•37 min
Daniel Wagner, CEO of London-based Rezolve Ai, explains how his company uses artificial intelligence to improve and personalize the shopping experience across a variety of product categories. Rezolve is among the first publicly traded, pure-play AI companies, featuring a proprietary Large Language Model specifically designed for the retail sector. See omnystudio.com/listener for privacy information.
May 14, 2025•12 min