Wall Street Week

This week, the FDA’s new commissioner Dr. Marty Makary outlines a new approach to the department, hoping to restore public trust. Plus, checking in on the heartland of the US - we travel to Iowa to see how much American farmers rely on export markets. Later, a look at the ever-evolving media landscape and whether mergers and breakups have actually helped the challenged industry.See omnystudio.com/listener for privacy information.

On this special, fan favorite edition of Bloomberg Wall Street Week, we look at India’s growth story and its taper as India-US relations grow more complicated. And, luxury brands are struggling to stay afloat… are secondhand retailers a sound solution? Plus, a close look at some of the advantages and pitfalls of the White House rolling back regulations. Later, what does it mean for a company when it reaches zombie status? See omnystudio.com/listener for privacy information.

This week, how will the United States' involvement in the Iran-Israel war affect markets and hopes for cooperation in the Middle East? And, an interview with the Director of the Congressional Budget Office on the agency's role in predicting the fiscal impact of the "Big Beautiful Bill." Plus, will President Trump’s "Gold Card" attract foreign investment to the US? Later, how Zohran Mamdani’s success in the New York City mayoral primary election tells the story of the shift within the Democratic party and what it means for business in the city.See omnystudio.com/listener for privacy information.

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.