Apollo Chief Economist Torsten Slok talks about the impact of higher interest rates on the US housing supply. He also discusses the prospects of an AI-induced bank run and which parts of the economy are the most sensitive to Federal Reserve interest rate moves. He speaks on “Bloomberg Surveillance.”
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Bloomberg hosts David Gura, Christina Ruffini and Lisa Mateo are on Bloomberg This Weekend for “Bookmarked,” sharing stories that caught their attention over the past week. The hosts discuss the reporting that piqued their interest and explain why those stories stood out from the week’s news.
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Starbucks is pushing forward with plans for an office for thousands of workers in Nashville, even as the coffee chain struggles to persuade the first round to relocate from its Seattle headquarters.

The company is spending $100 million on its new Nashville corporate office, Starbucks said on Tuesday in a letter to workers. In the next five years, the hub is expected to be home to 2,000 jobs, including some technology positions currently based in Seattle. Here’s what CEO Brian Niccol had to say about the move

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Treasury yields are surging past 5%, threatening to push up borrowing costs on everything from mortgages and car loans to credit cards. Ruth Carson explains why the impact is being felt far beyond Wall Street and the US.
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Jul.29 — Tara Joseph, Hong Kong president at AmCham, discusses the Hong Kong protests and how they’re impacting business. She speaks exclusively on “Bloomberg Markets: Asia.”

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