Bloomberg’s Ira Jersey and Greg Daco, chief economist at EY-Parthenon, discuss the the latest inflation data and University of Michigan consumer sentiment report and break down what it says about the US economy and if it changes the Fed’s outlook for the rest of the year. Then, Humayun Tai, senior partner and leader at McKinsey Global Energy & Materials Practice, talks energy strategy in both the US and Asia as negotiations between Iran and the US around the Strait of Hormuz push oil and gas prices up and down. Plus Bloomberg’s Todd Gillespie reports on warnings from US Treasury secretary Scott Bessent to Wall Street leaders that Anthropic’s latest AI model may expose them to increased cyber risks.

Chapters:
00:00:00 – Bloomberg Businessweek Daily Begins
00:04:36 – Gregory Daco, EY-Pathenon
00:21:04 – Humayun Tai, McKinsey Global Energy & Materials
00:34:42 – Todd Gillespie, Bloomberg News
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