Natural Monopolies | Tariffs Reshaping Manufacturing, US Treasury Secretary Lawrence H. Summers, Low Earth Orbit Satellites, Voluntary Carbon Markets
This week, we go to US companies that are cutting costs and regaining control by reshoring production and restructuring their global supply chain. And, Former Treasury Secretary Lawrence H. Summers weighs in on the Fed’s decision to hold steady as President Trump calls for deep rate cuts. Plus, a look at the low Earth orbit satellite market. Later, how voluntary carbon markets are creating investment products to move the needle on climate change.See omnystudio.com/listener for privacy information.
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Deadly Manhattan Shooting: Here's What We Know
The gunman who killed at least four people and himself at a Midtown Manhattan office tower was targeting the National Football League, but ended up on Rudin Management’s floor by mistake, two senior law enforcement officers said. Instead of going to the NFL’s fifth-story office at 345 Park Ave., he picked the wrong elevator bank that took him to Rudin’s office on the 33rd floor, the officers said. That’s where the body of the shooter, believed to be Shane Tamura, a 27-year-old who last resided in Las Vegas, was found. A manifesto and notes found on him indicated a fixation with Chronic Traumatic Encephalopathy, or CTE, caused by head trauma, the officers said. His social media feed showed his football career ended after a head injury, and he wrote that the NFL didn’t do enough for CTE. The gunman, who has a documented history of mental-health troubles, drove across the country before entering New York City earlier Monday, Police Commissioner Jessica Tisch said. For details, Nathan Hager speaks with Bloomberg News Reporter Myles Miller.See omnystudio.com/listener for privacy information.
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Winning In All Arenas | BlackRock’s Rick Rieder, US Child Care Crisis, FIFA in North America
This week, BlackRock’s Rick Rieder talks about the resilience of the US economy in the face of uncertainty on tariffs and a growing federal debt burden. And, amidst US child care struggles, private equity finds a way in. Plus, Former Treasury Secretary Lawrence H. Summers discusses slashes to Medicaid through President Trump’s “One Big Beautiful Bill”. Later, FIFA comes to North America, and Toronto is hoping for an economic win.See omnystudio.com/listener for privacy information.
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One Big Beautiful Bill, Wine Tariffs, Wearable Technology, Monetary Policy & AI
This week, Former Treasury Secretary Lawrence H. Summers says President Trump’s One Big Beautiful Bill cuts many Americans' safety net. And we take a look at how the US wine industry will be threatened by tariffs that are intended to protect domestic businesses. Plus, is wearable technology the new Fountain of Youth? Later, a look at how AI could shape the future of monetary policy. See omnystudio.com/listener for privacy information.
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FDA New Leadership, US Farming Economics, Corporate Breakups
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.
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