This chapter analyzes the recent earnings report of FedEx, discussing the reasons behind the stock's rally and the company's plan to cut expenses. It delves into the ongoing demand weakness and its impact on the economy. The chapter also explores the company's cost-cutting efforts and its future outlook.
Yelena Shulyatyeva, Senior US Economist at BNP Paribas and Bloomberg Economics US Economist Stuart Paul break down the Fed decision to leave current interest rates unchanged and look ahead to the dot plot. Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow reports on FedEx earnings. Spire Global Founder and CEO Peter Platzer discusses fighting climate change via satellite technology. Bloomberg Businessweek Editor Joel Weber and Bloomberg News US Retail Reporter Brendan Case provide the details of Brendan's Businessweek Magazine cover story Working at Dollar General Is So Awful Even Investors Are Worried. And we Drive to the Close with Larry Pitkowsky, Managing Partner at Goodhaven Capital Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.