Podcast: Why stocks are riding high

Plus weekend reads from Businessweek ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Welcome to the Saturday edition of Businessweek Daily, featuring the Everybody’s Business podcast. Let us know what you think by emailing the editor. If this newsletter was forwarded to you, click here to sign up. There are a number of reasons for investors to feel apprehensive right now. The US-Israel war with Iran has led to the effective closure of the Strait of Hormuz and the worst oil shock ever, with parts of Asia facing fuel shortages and the global crisis deepening as every day passes. In the US, consumer sentiment is low, inflation is rising, and there’s change at the Federal Reserve amid uncertainty of Donald Trump’s trade war and what US courts have to say about it. Why then, given all of this worrying news, is the stock market breaking records? This week on Everybody’s Business, Kyla Scanlon, author of In This Economy? How Money & Markets Really Work, joins hosts Max Chafkin and Stacey Vanek Smith to make sense of the disconnect. They’re also joined on this episode by Bloomberg Businessweek Editor Brad Stone, who co-wrote a cover story about Amazon’s efforts to capitalize on the current moment. The company’s chief executive officer, Andy Jassy, cuts a less polarizing figure than founder Jeff Bezos, though in certain ways he’s executing the same playbook Bezos used. Listen and subscribe on Apple, Spotify, iHeart and the Bloomberg Terminal. Everybody's Business The Stock Market Keeps Rising More Weekend Reads More than one-third of US workers are treated as disposable labor. For companies that need flexibility, there are better solutions. Millions of Hispanic, Black and young Americans who bought into Trump’s promises of prosperity are disappointed. Why the price of gasoline is the most important number in American politics. Trump took a group of CEOs to meet Chinese President Xi Jinping, who’s shown no sign that he’s the least bit susceptible to flattery or boldface names. The 2026 World Cup was supposed to be a more politically neutral event, but even the co-hosts are feuding. Illustration: Felix Decombat for Bloomberg Businessweek Kayla Barnes-Lentz has built a loyal following arguing that longevity protocols based on male-dominated science don’t cut it for half the population. The Mandalorian and Grogu, the first new Star Wars film in seven years, will test whether Disney+ TV series can translate to the big screen. France is making investment commitments in Kenya, but Europeans have fallen far behind newer arrivals in the region. Bulgaria’s new leader has praised strongmen, but he insists he’s ready to cooperate with the EU. The Mac mini, a relatively inexpensive Apple machine, has proved to be the ideal AI workstation for enthusiasts looking for a simpler setup. Two prominent economists differ on how quickly artificial intelligence will reshape the US job market. Want to build a data center in space? Here’s what it might look like. Undersea internet cable projects are getting tangled in the Iran war. Watch out for unexploded missiles and mines. Silicon Valley Representative Ro Khanna is now pitching himself as a presidential contender with a wealth tax and tough talk about the “Epstein class.” These are the tiny, essential building blocks powering the AI boom (and we’re not talking about chips). Twelve CEOs and bosses share their top AI time-saving and productivity hacks. Chris Rovzar tracked what he did every half hour for weeks. Here’s what he found out about productivity and learning to live a life of abundance. This year’s design trends in high-end watches: Colored ceramics and reimagined classics. The ballet thriller Black Swan moves from screen to stage — and introduces a more powerful villain. For Gen Xers and millennials, inheriting a loved one’s classic car often means weighing nostalgia against practicality. There’s too much good art going unseen. At this event, artists are happily giving away their work. Watch: Inside Jeffrey Epstein’s Network of Power Play Alphadots! Our daily word puzzle with a plot twist. Today’s clue: Spot with many sweaters but no shirts? Play now! We’re improving your newsletter experience, and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Businessweek Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |