Business
Trump Moves to Fire Cook, Adams Stays in Race | Bloomberg Businessweek Daily 8/26/2025
On today’s episode of Bloomberg Businessweek Daily, Tim Stenovec and Isabelle Lee discuss President Donald Trump’s cabinet meeting as his threats to fire Federal Reserve Governor Lisa Cook may prompt a potential legal battle. Bloomberg’s Myles Miller sits down with New York City Mayor Eric Adams for a wide ranging interview. Enda Curran discusses Trump’s move to fire Fed Governor Lisa Cook, GMO Portfolio Manager Ben Inker talks stocks waffling after Trump’s attacks on the Fed, and Wayne Sanders touches on Commerce Secretary Howard Lutnick hinting that the US government could potentially turn to the defense sector for investment deals.
Chapters:
00:00:00 – Bloomberg Businessweek Daily Starts
00:03:44 – Myles Miller Sits Down for a Wide Ranging Conversation with New York Mayor Eric Adams
00:18:32 – Sri Taylor on Eric Adams Interview, Scandals Plaguing Campaign, Decision to Stay in Race
00:22:42 – Enda Curran on Trump’s Plan to Fire to Fed’s Cook Setting Up an Historic Legal Fight
00:30:13 – Ben Inker on Stocks Waffling as Trump Attack on Cook Unnerves Traders
00:41:40 – Wayne Sanders Discusses Commerce Secy Lutnick Suggesting Government Looking at Defense Sector for Potential Stakes Similar to Intel Deal
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Business
EU and Canada Plan Closer Ties
Canada and the EU are exploring an even deeper alliance — as US ties continue to fray under President Trump.
Andrea Palasciano explains why Canada’s relationship could become closer than the UK’s.
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Business
Global Bonds Hit By Selloff Ahead of US CPI
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
Chapters:
00:00:00 – Insight with Haslinda Amin Begins
00:00:54 – Asian stocks have nowhere to hide from bond selloff
00:03:33 – AMP economist My Bui on bond selloff and inflation concerns
00:11:32 – SK Hynix, Samsung drop on DeepSeek threat to HBM, rate concerns (11B) State Bank of India Managing Director Ashwini Kumar Tewari on credit demand
00:17:12 – State Bank of India Managing Director Ashwini Kumar Tewari on credit demand
00:23:15 – Trump says US is leading China on AI
00:24:35 – Xi gears up for first India trip since 2019
00:25:07 – Observer Research Foundation’s Antara Ghosal Singh on China-India ties, upcoming BRICS Summit
00:33:36 – NSE downsizes India IPO amid growing valuation concern
00:37:18 – Emerging: Can Singapore still be a model for growth?
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Business
US Producer Price Index Rises Most in Three Months on Energy Costs
The US producer price index for August rose 0.4% from the prior month and 5.4% from a year earlier. Initial jobless claims fell by 1,000 to 206,000 for the week ending September 5. Bloomberg’s Michael McKee reports.
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Business
US Inflation Print on Deck, Bond Selloff Intensifies
US stocks and Treasuries caught some respite as oil prices eased, with traders waiting for the August US inflation report for the clearest signal yet on whether the Federal Reserve will hike interest rates next week.
After surging yields and a rally in crude set the S&P 500 on course for its worst week since June, futures for the index rebounded 0.4%. Europe’s Stoxx 600 gained 0.2%. Brent dropped toward $105 a barrel, while still on track for a nearly 10% jump since Monday. Treasury yields fell, led by the short end.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade
00:00:25 – Market Check
00:01:46 – Bond Selloff Accelerates
00:06:10 – Energy Prices Surge
00:08:47 – OpenAI Mulls AI Slowdown
00:11:26 – US Marks 9/11
00:14:37 – Houthis Advance Near Al-Mandeb Strait
00:27:06 – ECB’s Hawkish Hike
00:38:22 – UAE Foreign Trade Minister
00:47:51 – Stocks to Watch: Tech, Insurers, Novo Nordisk
00:53:50 – Applied Nutrition Stock
01:04:14 – OpenAI Said to Slow Down AI Development
01:08:57 – Fed Rate-Hike Odds
01:11:25 – Trump at the Irish Open
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Business
Oracle Earnings Beat as Cloud Revenue Surges
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Duke University Professor of Finance Cam Harvey, Morningstar Senior Equity Analyst David Swartz, Philip Morris International Group CEO Jacek Olczak, Citi Wealth Head of Portfolio Advisory Jeanne Sun, RBC Capital Markets Software Equity Research Managing Director Rishi Jaluria, Janus Henderson Global Head, Client Portfolio Management Seth Meyer, SMAC Entertainment CEO & Co-Founder Constance Schwartz-Morini, DraftKings CEO Jason Robins, & Fanatics Betting & Gaming CEO Matt King.
Chapters:
00:00:00 Bloomberg The Close
00:03:42 Duke’s Cam Harvey on Rates, Inflation & Economic Growth
00:07:19 AI Investment, U.S. Growth & the $40 Trillion Debt Load
00:10:24 AI Capex, Data Centers & the Risks of Overinvestment
00:14:01 Oil Tops $107 as Middle East Supply Risks Intensify
00:17:21 Top Calls
00:19:05 Macy’s Turnaround, Consumer Pressure & Department Stores
00:22:38 Philip Morris CEO on the U.S. & Smokeless Products
00:26:00 Nicotine Pouches, Regulation & Philip Morris’ Smoke-Free Strategy
00:29:19 Philip Morris on Capital Allocation & Dividends
00:31:03 Oracle & Adobe Earnings Preview
00:35:18 Markets, Rising Rates & Closing Bell Countdown
00:38:20 Citi Wealth on Economic Resilience & Consumer Strength
00:41:11 AI Investing, Data Center Pushback & Energy Costs
00:43:05 Oracle, AI Spending
00:46:31 Market Selloff, Sector Moves & Defensive Positioning
00:50:34 Adobe Earnings & the Generative AI Challenge
00:55:09 Oracle Earnings Beat as Cloud Revenue Surges
00:58:20 Oracle’s AI Growth, Funding & Long-Term Risks
01:02:13 Financing the AI Boom & Oracle’s Debt Load
01:05:27 Data Center Demand & the Changing Credit Market
01:09:08 SMAC CEO on Athletes Becoming Business Empires
01:12:10 Sports Media, AI & the Growth of Women’s Sports
01:16:16 DraftKings CEO on Sports Betting & Prediction Markets
01:19:04 DraftKings on Regulation, Growth & Investor Concerns
01:22:08 Fanatics on Sports Betting & Market Share
01:24:24 Fanatics on Regulation, Prediction Markets & Responsible Gaming
01:28:30 What to Watch
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