Bangalore helped turn India into a global hub for software services, tech talent and outsourcing, building an ecosystem that now supports multinational firms, domestic startups and capital. But the city’s success has also become one of its biggest weaknesses. India still lacks the depth of capital available in the US and China, while Bangalore’s physical infrastructure has struggled to keep pace with private-sector growth. At the same time, southern India’s rising economic power is colliding with demographic and political shifts that could threaten its representation in the country’s Central Government, which helps support the growth that cities like Bangalore have enjoyed. This version corrects a map of India.
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Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today’s guests: KKR Partner, Head of Global Macro & Asset Allocation Henry McVey and BNY Wealth CIO Alicia Levine.

YouTube Chapters:

00:00 Bloomberg Money Opens
02:55 Personal Finance Roundtable with Nikki Waller & Janet Lorin
04:20 Changes to College and Graduate Student Loans
05:29 Nikki Waller on the Grandparent Economy
08:21 Janet Lorin on the New Economics of College Sports
11:47 Henry McVay, KKR on the New Investing Regime
13:58 Henry McVay on Private Equity and Higher Rates
14:45 Private Markets for Individual Investors
16:13 Investing Through Inflation and Geopolitical Change
19:39 Henry McVay on His Personal Investment Strategy
22:28 Wall Street’s Competitive Entry-Level Job Market with Dan Talbot
24:40 Alicia Levine on Building Wealth for Retirement
26:43 Retirement Investing and Staying in the Market
29:02 Alicia Levine on Debt, Inflation and Portfolio Strategy
31:14 Math, AI and the Future of Investing
32:39 Alicia Levine on Bonds and Fixed Income
34:58 Chris Rovzar on the Comeback of the Suit
36:47 Why Custom Suits Are Back in Style
39:04 What Does a Good Suit Cost?
41:06 Lisa Mateo Previews Bloomberg This Weekend
43:08 Qatar Economic Forum Preview
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French soccer superstar Kylian Mbappé is leaving Nike to sign with Swiss sneaker company On. The 27-year-old striker is the World Cup’s all-time goal leader. It’s said to be a 10 year deal. On shares rose with the news. Randall Williams reports.
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SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter. Bloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations with advisers and investors, the people said, asking not to be identified as the information isn’t public. Matthew Bloxham of Bloomberg Intelligence has more.
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Stocks and bonds kicked off the week on a positive note as hopes for diplomatic efforts to end the war in Iran drove oil prices lower, easing inflation anxiety.
The advance in equities erased the S&P 500’s decline for the month, with a renewed rally in chipmakers also buoying sentiment.
Omar Aguilar, CEO and CIO of Schwab Asset Management, joins for a broad look across asset classes for the rest of 2026.
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