US Inflation Picks Up to three Year High, Eroding Paychecks| Bloomberg Businessweek Daily 6/10/2026

Today, Chris Kennedy, Bloomberg Economics lead for economic statecraft, breaks down the state of negotiations between the US and Iran and touches on the impact of pushback to Trump’s Iran war policies at the ballot box. Then, Mike McKee, Bloomberg TV and radio international economics & policy correspondent, discusses the latest economic data as inflation accelerated in May to the fastest pace in more than three years. Plus, David Fortunato, CEO of robo advisor Wealthfront, on the investing landscape and how his company is approaching the upcoming SpaceX IPO. Finally, Bloomberg’s Todd Gillespie & Sri Natarajan discuss fallout for Goldman Sachs as CEO David Solomon chooses to keep Kathryn Ruemmler at the bank despite her association with Jeffrey Epstein.

Chapters:
00:00:00 – Bloomberg Businessweek Daily
00:00:37 – Trump Vows More Strikes on Iran, Citing Stalled Talks
00:02:27 – Jeanie Pirro’s Prosecutors Probe Big Banks for Alleged ‘Debanking’: WSJ
00:04:19 – Trump Vows More Strikes on Iran, Citing Stalled Talks
00:06:45 – US, Iran Exchange Strikes, Putting Talks on Peace Deal at Risk
00:08:05 – Platner Wins Maine Senate Primary After String of Scandals
00:10:06 – Democrats Look for Wins in 2026 Midterm Elections
00:11:50 – US Inflation Picks Up to Three-Year High Eroding Paycheck
00:14:21 – Treasury Market Is Telling Kevin Warsh Rates Need to Be Higher
00:21:12 – Wealthfront CEO David Fortunato on Bloomberg
00:23:34 – Wealthfront Ceo on State of Investment Landscape
00:29:14 – SpaxeX IPO Is a Marshmallow Test for Retails Investors
00:34:32 – Goldman CEO Slammed for Standing by Top Lawyer
00:35:21 – Goldman CEO Asks Top Lawyers to Stay After Epstein Furor
00:40:03 – Trump Praises Citi, CEO Jane Fraser on ‘Big Comeback’
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