US Inflation Picks Up to 3 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
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' More on Bloomberg Television and Markets Like this video?
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