This chapter delves into the excitement surrounding the US Open, with a focus on player performances, specifically Coco Gauff's journey, while reflecting on historical shifts in American tennis. The discussion seamlessly transitions to the financial landscape, analyzing current market conditions, interest rates, and investment strategies amid recent volatility. Additionally, it highlights Boeing's stock challenges juxtaposed with the robust demand in the aviation sector, illustrating the interconnectedness of sports and financial markets.
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Bloomberg News Economics Editor Molly Smith discusses US core PCE advancing 0.2% in July, in line with expectations, reinforcing policymakers’ plan to start cutting interest rates next month. Bloomberg News Business of Sports Reporter Ira Boudway shares the details of his Businessweek Magazine story Private Equity Sets Sights on $30 Billion Youth Sports Industry. Bloomberg News Senior Reporter Gillian Tan explains why the hottest celebrity ticket this year is free US Open seats. And we Drive to the Close with David Dietze, Senior Investment Strategist at Peapack Private Wealth Management.
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