Analysis: Interviews

Sotheby's Sees Very Strong Performance Across Businesses

Sotheby's Chief Executive Officer Charles Stewart says demand for luxury items has been very strong. He says a highlight was the sale of a Tyrannosaurus Rex skeleton named Gus that went for $50.1...

BOE's Bailey Says UK Growth Must Be Prioritized

Bank of England Governor Andrew Bailey says Britain needs to prioritize economic growth during his speech at the annual Mansion House dinner in London. ...

IBM's Fall Drags Down Software Sector | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. ...

Strategy CEO: We're Buyers of Bitcoin Long-Term

Strategy Inc. has increased its cash reserves to $3 billion following a recent stock sale, allowing the company to temporarily halt Bitcoin sales between July 6 and July 12. Phong Le, Strategy...

Chipotle's Bold Bet on Mexico

Chipotle is heading to Mexico, betting its American brand can win over consumers with its Mexican-inspired food. Chipotle CEO Scott Boatwright joins Bloomberg's The Close to discuss the restaurant...

Bowman Says Fed Shouldn't 'Micromanage' Banks on Issues Like AI

Federal Reserve Vice Chair for Supervision Michelle Bowman says lenders should be allowed to decide when to adopt new technologies like AI during remarks at a conference on financial inclusion. ...

Wells Fargo CFO Sees Healthy Investment Banking Pipeline

Wells Fargo CFO Mike Santomassimo discusses the bank's second-quarter earnings and the outlook for M&A on Bloomberg The Close. ...

Trump Shelves 20% Fee for Hormuz Cargo Shipments

President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz, just one day after rolling out the fee, after US allies in the Gulf urged...

Goldman's New Dallas Hub Starts Coming Into Focus

Aasem Khalil, who heads the Dallas office of Goldman Sachs Group Inc., discusses why the bank chose the city's downtown area for its new campus and how it hopes to expand the number of partners in...

Wall Street Traders Seize on Fervor and Fear to Shatter Records

As artificial intelligence, war and the specter of inflation drive investors' exuberance and worries, Wall Street's traders have cracked the code to come out on top every single time. Five of the...

Warsh Vows to 'Double Down' on Fed's Inflation Target

Federal Reserve Chairman Kevin Warsh says he is focused on the central bank's 2% inflation target and price stability during testimony before the House Financial Services Committee. ...

Warsh Says Fed Has 'No Tolerance' for Elevated Inflation

Federal Reserve Chairman Kevin Warsh gives his opening remarks before questioning from members of the House Financial Services Committee. ...

Why Stellar Bank Earnings Aren't Enough

Baird Senior Research Analyst David George joined Bloomberg Open Interest to explain why stellar bank earnings aren't translating into stock gains. He says investors are facing a buy the rumor,...

Warsh Says Fed Has 'No Tolerance' for Persistent Inflation

Federal Reserve Chairman Kevin Warsh said policymakers at the central bank have no tolerance for high inflation during remarks to the House Financial Services Committee. ...

US CPI Falls for the First Time Since 2020, Core Gauge Flat

US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest...

IBM Falls on Sales Miss; JPMorgan Soars on Equities Trading Beat | Stock Movers

On this episode of Stock Movers: - IBM shares are plummeting after the company reported preliminary second-quarter sales that fell short of expectations, attributing the miss to customers spending...

US CPI Falls for the First Time Since 2020

The US consumer price index fell 0.4% in June, dragged down by the biggest decline in gasoline prices since 2022, taking some pressure off the Federal Reserve to raise interest rates. Tiffany...

Citi Stock Traders Post Record Revenue for Quarter

Citigroup says revenue from equities trading surged 45% to $2.3 billion in the second quarter from a year earlier. That's 11% higher than the record set in this year's opening months. Earnings per...

Fed Has 'No Tolerance' for Elevated Inflation, Warsh Says

Federal Reserve Chairman Kevin Warsh said, The members of our committee have no tolerance for persistently elevated inflation, as part of testimony he's scheduled to deliver to the House Financial...