It has not been a sleepy summer in this week of August as we just heard from Denise Pellegrini FTX. Co-founder Sam Bankman freed likely having to report to jail after a federal judge said he would revoke his bail because of a series of leaks. We've got stocks bouncing around, little changed as they speak, definitely off their best levels of the session. Feel like though, it's another day where we're focusing on the yield curve and treasuries to be specific.
Bloomberg News White House Correspondent Jordan Fabian and Bloomberg Economics Chief Economist Tom Orlik discuss economic relations between the US and China and President Joe Biden blasting China’s economic problems as a “ticking time bomb.” Paxos CEO Charles Cascarilla talks about creating a stablecoin partnership with PayPal. Kathryn Minshew, CEO of The Muse, explains the trend of “Lazy Girl Jobs.” Bloomberg Businessweek Editor Joel Weber and Businessweek Special Projects Editor Reyhan Harmanci share stories from the Bloomberg Businessweek Out of Office Special Issue. And we Drive to the Close with Dana D’Auria, Co-CIO of Envestnet PMC.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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