Wall Street Week

This week, Former Treasury Secretary Lawrence H. Summers on the recent Fed decision and the economic implications of uncertainty in the Middle East. And, how is Saudi giant Aramco diversifying in a tech-driven world? Plus, an interview with Robinhood’s Vlad Tenev on artificial intelligence solutions for nuanced needs. Later, Netflix is entering the themed entertainment business with Netflix House, further intensifying its competition with traditional media players.See omnystudio.com/listener for privacy information.

This week, Former Treasury Secretary Lawrence H. Summers on how artificial intelligence is reshaping the way central banks understand, forecast, and manage the economy. And, President Trump’s call for $2 gas may please drivers, but in oil towns like Odessa, falling prices threaten jobs, investment, and the economic foundation of the U.S. energy heartland. Plus, an interview with Johnson & Johnson’s CEO on the golden age of medical innovation. Later, will flying cars soon be a reality?See omnystudio.com/listener for privacy information.

This week, former Treasury Secretary Lawrence H. Summers and Hoover Institution’s Niall Ferguson debate US and China's "hostile codependence." And, as President Trump touts lower gasoline prices, some experts explain why it’s concerning. Plus, more millionaires in the UK are packing their bags for Italy, but will it be for good? Later, how will private equity change Big Law?See omnystudio.com/listener for privacy information.

Mike McCormick, a former FAA control tower operator now teaching at Embry-Riddle, shares insights on the challenges facing the U.S. air traffic control system and the urgent need for reform. He discusses historical shortages of air traffic controllers and innovative training solutions. The conversation shifts to undersea cables, revealing their critical role in global communications and the impact of tech giants investing in infrastructure. Finally, McCormick highlights the importance of international students in sustaining American innovation amidst funding challenges.

John Iwata, an executive fellow at Yale and former IBM strategist, alongside Francesco Storacci, former CEO of Enel, dive into pressing topics. They discuss the FDA's regulatory failures with opioid approvals and the resulting crisis. The duo contrasts corporate heritage with innovation, examining how companies like Enel and Mars maintain their core values amid rapid change. They advocate for stakeholder capitalism and emphasize the need for businesses to align strategies with foundational principles while navigating technological shifts.

Lawrence H. Summers, former US Treasury Secretary and Harvard professor, joins Christian Sederholm, CEO of Investor AB, to discuss vital topics impacting the global economy. They delve into the evolving trade relationship between the U.S. and China, exploring the complexities of tariffs and vulnerabilities. Sederholm highlights Sweden’s innovative capital markets and investment strategies, emphasizing citizen ownership. Additionally, they touch on the U.S. Army's modernization efforts to adapt to technological threats, showcasing the intersection of military strategy and innovation.

Lawrence H. Summers, a Harvard economist and former Treasury Secretary, joins economist Kenneth Rogoff to explore the delicate balance of U.S. monetary policy amidst inflation and unemployment risks. They discuss the ramifications of Trump's policies on the IRS and the challenges posed by recent budget cuts. Summers delves into Ireland's low corporate tax strategy, which attracts U.S. companies, while examining how tariffs could impact this dynamic and what it means for American jobs and corporate tax behavior.

Susan Schwab, former U.S. Trade Representative under George W. Bush, discusses the long-term effects of Trump's tariffs on trade and economic inequality. Salim Ramji, CEO of Vanguard, reflects on 50 years of passive investing and the firm’s journey from $100 billion to over $10 trillion in assets. They explore the critical relationship between trade policy and monetary strategy, emphasizing the need for equitable trade practices. Additionally, they stress the importance of diversification and sensible investment strategies amid market volatility.

This week, former Treasury Secretary Lawrence H. Summers and UVA’s Barbara Perry compare President Trump’s first 100 days in office with his previous term and those of presidents past. Later, how does a company balance its heritage with its future?See omnystudio.com/listener for privacy information.

Check out the new Stock Movers Podcast from Bloomberg. Subscribe for five-minute episodes on today's winners and losers in the stock market.   Listen on Apple: https://apple.co/4kJ43ON   Listen on Spotify: https://tinyurl.com/mr385jv6   Listen on other platforms: https://link.podtrac.com/h0zn7xirSee omnystudio.com/listener for privacy information.