Closing Bell Overtime: Behind OpenAI’s Funding, Executive Exodus; Former Fed President Loretta Mester 9/27/24

Loretta Mester, former Cleveland Fed President, shares her insights on the Federal Reserve's future strategies amidst changing economic conditions. She discusses the crucial balancing act between inflation control and employment goals. Matt McIlwain, Managing Director at Madrona, dives into OpenAI's recent funding challenges and the increasing role of private equity in tech investments. They also touch on shifts in consumer spending behavior and the competitive landscape in the technology sector.