US retail sales surged in June, showing consumer resilience. Bank earnings analysis and investing in an election year discussed. Potential risks from the upcoming US presidential election highlighted. Details on mid-year luxury real estate report shared. Drive to the Close segment with iShares Investment Strategy at BlackRock.

Michael McKee, an esteemed International Economics & Policy Correspondent at Bloomberg News, dives into the latest US inflation data and its implications for Federal Reserve interest rate cuts. Stefan Selig, Managing Partner at BridgePark Advisors, shares insights on presidential candidates' economic plans. Jenny Rooke, founder of Genoa Ventures, discusses strategies for investing in innovative biotech startups. Finally, Jimmy Lee, CEO at Weal, wraps up with a focus on navigating current economic uncertainties and investment strategies.

Mark Gurman discusses Apple's iPhone supply chain splintering under US-China tensions. Stefan Selig talks about US-China economic relations. Erik Schatzker shares Bloomberg New Economy's 2023 class of Catalysts. Bill Smead discusses financial literacy and book recommendations.