Today, Bloomberg’s Mike McKee and June Grasso break down the Supreme Court’s decision to allow Fed governor Lisa Cook to stay in her role while she fights President Trump’s efforts to oust her. Then, former Governor of Indiana Eric Holcomb discusses RAISE US, a joint effort with former Rhode Island Governor Gina Raimondo that aims to develop a strategy around AI’s impact on the labor market. Plus, Kikoff CEO Cynthia Chen, breaks down how her app helps consumers build credit and improve low credit scores.
Chapters
00:00:00 Bloomberg Businessweek Daily Intro
00:00:46 Quarter-End Market Performance
00:01:37 Supreme Court Rulings & Fed Independence
00:02:29 Wall Street Market Update
00:04:27 Supreme Court Protects Fed Governor Lisa Cook
00:05:02 Expanding Presidential Power Over Agencies
00:05:17 What the Lisa Cook Ruling Means
00:07:54 Rebecca Slaughter Case & Independent Agencies
00:10:08 Debate Over Fed Independence
00:11:30 Could Trump Still Remove Lisa Cook?
00:14:04 Supreme Court Upholds Mail-In Ballot Grace Periods
00:16:04 Preview: Birthright Citizenship & Transgender Sports Cases
00:17:10 Jobs Report Preview & Fed Rate Outlook
00:19:01 Midday Market Check
00:20:55 AI, Jobs & Workforce Transformation
00:22:07 Gov. Eric Holcomb on Preparing Workers for AI
00:24:15 Should AI Companies Shape Workforce Policy?
00:26:08 Balancing Tech Companies & Workers
00:27:57 Lessons from NAFTA for the AI Era
00:30:28 The Urgency of AI Workforce Reskilling
00:31:27 Bipartisan Cooperation on AI Policy
00:32:34 Market Update
00:34:16 Building Credit for Credit-Invisible Americans
00:35:00 Cynthia Chen on the Origins of Kikoff
00:35:47 How Kikoff Builds Credit Scores
00:37:40 Customer Results & Credit Score Improvements
00:38:41 Why Credit Builders Still Matter
00:40:30 Measuring Success Through Home & Auto Loans
00:42:35 Stocks on the Move
00:44:19 MicroStrategy’s Bitcoin Strategy Shift
00:46:18 Comcast Spins Off NBCUniversal & Sky
00:48:06 Roblox Shares Surge on Upgrade
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts