Analysis: Interviews

US Mortgage Rates Reach 7.5%; Home-Buying Slump Hits Sixth Week

US mortgage rates continue to rise, pushing down home purchasing activity for a sixth straight week. The MBA's purchase index dropped 4%, marking the sixth straight weekly decline the longest...

Stocks, Bonds Fall as CPI Data Fuel Fed-Hike Bets

Stocks joined bonds lower as the fastest increase in inflation since April bolstered bets the Federal Reserve will keep lifting interest rates amid elevated energy costs. Kenneth Tropin, Chairman...

AI Financing Will Need To Tap Global Markets: August

Glenn August, founder & CEO at Oak Hill Advisors, joins Dani Burger on Bloomberg Deals. They speak CAIS Summit in Beverly Hills, California. ...

AI Will Change Banking Jobs, Says Santander's Botin

Santander Executive Chair Ana Botin says jobs will change as AI advances and acknowledges there could be adjustments, but the bank isn't seeing a major impact on employment yet. Botin also...

Excess Regulation in Europe Is a Big Tax, Botin Says

Santander Executive Chair Ana Botin says Europe has the talent and companies to compete with the US, but needs a level playing field. She says excessive regulation is a big tax on European...

Hot Inflation Lifts Fed Rate-Hike Bets

US Treasuries slumped after hotter-than-expected inflation prompted traders to add to wagers that Federal Reserve officials will raise interest rates later this month and next year. David...

Texas Has Always Been Vexing for Democrats, Poersch Says

JB Poersch, Senate Majority PAC president, says Texas has always been a tough state to win in for Democrats. He speaks at a Bloomberg.com subscriber-only event held in Washington. ...

ASML Up on Supply Plans; BlackRock Reports Earnings | Stock Movers

On this episode of Stock Movers: - BlackRock shares are responding to this morning's earnings. BlackRock reported assets under management that met the average analyst estimate and adjusted EPS and...

Bank Stocks Brace for Higher Rates

RBC Capital Markets Large Cap US Bank Analyst Gerard Cassidy joins Bloomberg Open Interest to explain why Bank of America's regulatory settlement wasn't a complete surprise and how rising rates...

India Will Overhaul Examination System, Says Education Minister

As the Indian government addresses weaknesses exposed by exam leaks, education minister Pralhad Joshi says that they will revamp the examination system using technology. He spoke on a host of...

CPI 'Opens the Door More' to October Fed Hike, Says PGIM's Sockin

Robert Sockin, chief US economist at PGIM, says the US economy needs two more rate hikes at a minimum and that the broader direction is up for interest rates even if the Federal Reserve does not...

US Consumer Prices Rise at Fastest Pace in Five Months

The US consumer price index rose 0.6% in September from a month earlier, and 3.7% on an annual basis, according to the Bureau of Labor Statistics. The data shows gas prices rose by 9.1%....

Anthropic's Princen on AI Impact on Businesses, Startups

Guillaume Princen, Anthropic Head of International Startups & Digital Native, joins Bloomberg's Tom Mackenzie on The Opening Trade to discuss how artificial intelligence will impact businesses,...

Natixis Economist Sees One More Fed Rate Hike

Christopher Hodge, chief US economist at Natixis, expects core CPI to come in slightly softer than forecast and sees inflation continuing to ease. He discusses the impact of higher energy prices,...

Morgan Stanley Profit Climbs on Equity Trading, Wealth Management

Morgan Stanley saw third quarter profit rise as the firm's equity traders topped analysts' estimates and a record amount of money was brought in by the bank's wealth-management operation. Kristine...

Breaking Down Bank of America's Third-Quarter Earnings

Bank of America's stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% and equity trading down 10%. Chris Marinac, director of research at...

DeepL CEO on Voice AI Growth and Competition

DeepL CEO Jarek Kutylowski discusses surging demand for voice-to-voice translation and how AI is transforming global business. He also addresses competition with OpenAI and Anthropic, DeepL's AWS...

Bank of America Results Hit by Weaker Trading, $1.2 Billion Penalty

Bank of America's stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% to $2.55 billion and equity trading down 10% to $2.51 billion. The...

India Is a Power in the Middle: Jaishankar

India's Foreign Minister S. Jaishankar says he sees India as a power in the middle rather than a middle power. ...