Business
Damage is ‘Not to Harvard But to The US’ Says Mukunda
The Trump administration’s decision to bar foreign students at Harvard University is seen as a blow to the US’s standing in business and an advantage to elite rival colleges across the English-speaking world.
The move is expected to have a chilling effect on foreign students, with many already thinking twice about studying in the US, and some considering alternative destinations such as the UK, Canada, and English-language programs across Asia.
The decision is seen as a “devastating, self-inflicted wound” that will damage America’s reputation and benefit the university systems of other countries, with many warning that it will hurt US competitiveness and undermine the country’s influence in the world. Gautam Mukunda, Executive Fellow at Yale School of Management, joins to discuss the future of Harvard.
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JPMorgan Chase Chair and CEO Jamie Dimon discusses the state of global financial markets and the impact of the conflict in Iran. Speaking with Bloomberg’s Francine Lacqua on “Bloomberg Open Interest,” Dimon also comments on the use of artificial intelligence and European banking regulations.
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Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Matteo Del Fante, CEO of Poste Italiane, says exposure to the war in Ukraine is slowing Italy’s economic growth. Chris Watling, CEO and Chief Market Strategist at Longview Economics, says the Fed could cut rates in 2023.
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Jul.31 — The coronavirus crisis has throttled economic growth and dragged down corporate profits. The U.S. has also seen a cascade of bankruptcies since the onset of the pandemic. Lisa Abramowicz looks at what’s driving the distress on corporate balance sheets.
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Oaktree Capital Management co-founder & co-chair Howard Marks says optimism has dominated markets since late 2022, pushing investors to look past bad news and making caution increasingly important. Marks is on Bloomberg This Weekend and tells David Gura and Christina Ruffini that enthusiasm around AI is undeniable but uncertainty over its profitability, valuations and potential impact on jobs makes it impossible to determine whether that exuberance is irrational.
At the 2026 Qatar Economic Forum, UNGA Special Edition; Powered by Bloomberg.
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