Podcast: It’s a hot market summer

Plus more great stories 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. It’s been a hot summer so far for the US economy: Markets are up, prices are rising, and business is booming. Since its launch just over a week ago, SpaceX stock has, well, skyrocketed, making the company one of the most valuable in the world. But it’s not all sunshine and rockets: Inflation is on the rise in the US — outpacing wage growth — and people are feeling increasingly pessimistic about the economy and where it’s headed. This week on Everybody’s Business, hosts Max Chafkin and Stacey Vanek Smith explore the hot market summer: the winners, the losers and whatever happened to the $5 sandwich. Bloomberg News executive editor David Papadopoulos joins the podcast to talk about the markets’ hot streak and what the current AI excitement means for the markets and the rest of the economy. And Stacey talks about her recent reporting, with Deena Shanker, on the rise of the $8 ice cream cone. Another hot part of the economy right now? Peptides. Businessweek senior reporter Amanda Mull joins the show to talk about her latest investigation, with Madison Muller and Ashleigh Furlong, into the murky and very profitable world of these promising medicines, which include GLP-1s. Listen and subscribe on Apple, Spotify, iHeart and the Bloomberg Terminal. Everybody's Business Hot Market Summer More Weekend Reads Crypto’s white whale has always been Wall Street. Blockchain boosters believe the moment for “tokenized equities” is here. An essential reading list on the short and tumultuous history of decentralized finance. Kevin Warsh made his debut as Fed chairman, while President Trump remains angry with his predecessor. A Walk With: Guinness executive Gráinne Wafer, whose brand keeps growing while global beer sales go flat. What it’s like to fly with the pope: The press pool has its rules and rituals, and if you’re new to the game, you’d better learn them fast. Remote luxury golf courses are reverting to an older aesthetic — with sand and solitude as central selling points. What could Shein want from Everlane? On the Big Take podcast, Businessweek’s Amanda Mull and Everlane’s co-founder Michael Preysman reflect on the brand’s arc and future. Listen wherever you get your podcasts. Big Take What Shein Could Want With Everlane Stories about modern management: Being a CEO today stinks (except for the salary). Two-leader arrangements have a reputation for sometimes ending badly, but not for these teamed-up executives. Joe Hudson is the executive coach showing AI leaders how to work with “emotional fluidity.” Why companies are cutting middle managers in the AI era. Americans really don’t trust CEOs, but they don’t want to be in the corner office either. Women are losing ground in corporate leadership. This comic explains why. From Bloomberg Originals: What 10 Years of Brexit Has Cost the UK Play Alphadots! Our daily word puzzle with a plot twist. Today’s clue: It lets you stay on top of everything? 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 |