On this episode of Power On, Bloomberg’s Mark Gurman breaks down how he believes Apple might streamline the company under John Ternus as the company pushes for a leaner, faster organization.
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Betsey Stevenson, Professor of Public Policy and Economics at the University of Michigan’s Ford School and former Chief Economist of the Department of Labor, says the Fed’s decision to leave rates unchanged is puzzling because another increase is still likely. Stevenson says policymakers may be waiting to see whether the economy slows further before raising rates again. Stevenson says uncertainty around the midterm elections and potential changes in fiscal policy could also affect how high rates ultimately need to go. She speaks with Kailey Leinz on Bloomberg’s “Balance of Power.”
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – Bloomberg: The China Show begins
00:01:03 – Asian stocks rise as Anthropic files for IPO
00:16:48 – Goldman Sachs’ Kinger Lau on market outlook
00:21:14 – What to watch in Greater China today
00:25:34 – Goldman Sachs’ Kinger Lau on China market outlook
00:32:04 – HSBC earnings to focus on share buyback
00:35:06 – Break: China’s 5-year government bond yield drops to record low
00:36:49 – EU plans more import curbs on China
00:45:57 – Anthropic files for IPO
00:59:42 – UBS Chief Investment Office’s Adrian Zuercher on market outlook
01:08:09 – Apple’s iPhone duo draws complaints over screen cracking
01:11:31 – Memory giants’ earnings to test AI demand
01:15:41 – South Korean budget minister on future response fund
01:22:05 – Indonesia’s richest lose $57B since MSCI warning
01:26:51 – CVC Marathon’s Richards on Anthropic IPO
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Some European countries work fewer hours but does that mean they’re less productive?

Economist Dominik Leusder joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to talk about how research suggests that fewer hours worked actually lead to an increase in productivity.
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Bruce Richards, managing partner and head of CVC Marathon, says Anthropic PBC is going to do “just fine” as a public company. He talks about the demand for AI and opposition to some data centers. He speaks on “Bloomberg Open Interest.”
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