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Larry Summers on the Fed’s Cut and a Tariff Truce with China

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Former US Treasury Secretary Larry Summers discusses the Federal Reserve’s latest rate cut and why Chair Jerome Powell’s cautious tone on a potential December cut was “exactly right.” Summers says inflation remains a bigger threat than unemployment, and warns that high deficits and global AI competition could test US leadership. He also credits President Trump with the progress made on trade with China, but warns that we are in the “early chapters” of the book.
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Cisco Rides AI Boom as Stock Surges Higher

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Cisco Systems Inc. jumped by the most in more than 14 years after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market. Cisco President and Chief Product Officer Jeetu Patel joined Lisa Mateo and David Gura on Bloomberg This Weekend to discuss.
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S&P Hits Records, Wayfair Earnings Miss | Bloomberg Businessweek Daily 4/30/2026

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On today’s episode on Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec speak with Mary Ann Bartels, Sanctuary Wealth Chief Investment Strategist about tech earnings and the S&P500 hitting a record, and  Kate Gulliver, Wayfair CFO on earnings. They also spoke with Dr. Fanny Elahi, Icahn School of Medicine at Mount Sinai Associate Professor of Neurology and Neuroscience.

Chapters:
00:00:00 – Bloomberg Businessweek Daily Begins
00:05:55 – Michael McKee, Bloomberg International Economics
00:14:17 – Mary Ann Bartels, Sanctuary Wealth
00:21:32 – Kate Gulliver, Wayfair CFO
00:35:25 – Dr. Fanny Elahi, Icahn School of Medicine at Mount Sinai
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BlackRock’s Rosenberg on Fed Rates, IALT ETF Strategy

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Jeffrey Rosenberg, portfolio manager of the iShares Systematic Alternatives Active ETF (IALT) at BlackRock, explains how the ETF is navigating the current economic environment on “Bloomberg The Close.”
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US, Iran Agree to 60-Day Truce Pending Trump Approval | Balance of Power: Late Edition 5/28/2026

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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Representative John Garamendi (D-CA), a member of the House Armed Services Committee, says “absolutely not” to approving a $1.5 trillion defense budget or money above current appropriations without a clear justification, Representative Mike Lawler (R-NY), chair of the House Foreign Affairs Subcommittee on the Middle East and North Africa, says getting enriched uranium out of Iran is the “largest part” of any Iran deal, and David Kennedy, Dell CFO, says the increase in AI server demand is why the company boosted its annual sales forecast.

Chapters:
00:00:00 – Balance of Power Begins
00:03:07 – Catherine Lucey on US, Iran reaching Tentative Ceasefire Deal
00:04:23 – Rep. John Garamendi (D-CA)
00:14:37 – Power Moves with Romaine Bostick
00:19:18 – The Debrief with Mario Parker
00:24:14 – Rep. Mike Lawler (R-NY)
00:33:32 – David Kennedy, Dell Technologies CFO
00:39:55 – Ashley Davis and Matt Bennett Discuss Tentative Ceasefire Deal
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Bloomberg Surveillance 5/28/2026

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day.

Chapters:
00:00:00 – Bloomberg Surveillance starts
00:07:24 – Bob Doll, Crossmark Global Investments
00:18:43 – Lt. Gen. Karen Gibson (Ret.), Academy Securities
00:30:18 – Dan Ives, Wedbush Securities
00:41:32 – Kay Herr, JPMorgan Asset Management
00:53:11 – Emily Roland, Manulife John Hancock Investments
01:19:03 – Robin Vince, BNY CEO
01:40:55 – Kathryn Kaminski, AlphaSimplex Group
01:53:01 – Sucharita Kodali, Forrester
02:04:37 – Matthew Luzzetti, Deutsche Bank
02:18:11 – Matt Stucky, Northwestern Mutual Wealth Mgmt.
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Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV.

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