The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACFStepping into his new role as Apple Inc.’s chief executive officer on Sept. 1, John Ternus won’t have much time before the company begins its annual fall product rollouts. This year the lineup will include an unusually ambitious slate of devices he’s been teasing for months internally, including the first foldable iPhone and a smart display that can recognize who’s speaking and tailor content to them. Ternus spearheaded those devices in his previous job as Apple’s hardware chief, while also overseeing work on products that won’t be ready for this fall, including AirPods with cameras that can interpret a user’s surroundings, smart glasses, a home security system, a home display attached to a robotic arm and a camera-equipped pendant that can be worn as a necklace or clipped to a shirt. All these devices will be crucial to Apple’s plans to address the most pressing question facing the company: How can it extend its decades-long run of success into the era of artificial intelligence?Today's episode features: Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech Brian Quintenz, KalshiEx Board Member and Fmr. CFTC Commissioner Chris Todd, CEO of Envestnet Ryan Gould, Bloomberg News Deals Reporter See omnystudio.com/listener for privacy information.

Affirm, the short-term loan company, posted earnings this week that beat expectations and reporting its most profitable quarter on record. Founder & CEO Max Levchin joins Bloomberg Businessweek Daily to discuss how his company sets rates and keeps up with a growing industry, arguing Affirm's transparency makes it stand out from competitors.See omnystudio.com/listener for privacy information.

Bloomberg Money is a new, weekly podcast focused on YOUR money. Listen for wealth strategies, retirement tips and a personal finance insights. Join Tom Keene and Scarlet Fu for new episodes every Friday.   Listen on Apple:  https://podcasts.apple.com/us/podcast/bloomberg-money/id6803227140     Listen on Spotify:  https://open.spotify.com/show/3lvzLLAZMdrxTB6y68Nb5gSee omnystudio.com/listener for privacy information.

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."Hosted by Carol Massar and Tim StenovecHear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACFFederal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has “work to do.” He said interest rates are the Fed’s “predominant tool” for achieving its mandate, but stopped short of signaling he would support an interest-rate hike when Fed officials gather in September. Bloomberg Businessweek Daily has the details on Warsh's first major address at Jackson Hole since becoming Fed Chair 3 months ago.On today's episode: Mike McKee, Bloomberg News' Economics & Policy Correspondent Linda Hasenfratz, Linamar Executive Chair Michelle Jamrisko, Bloomberg News White House & National Security Editor Jessica Nix, Bloomberg News Health Reporter See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Congress in 2022 tweaked the rules governing 529 plans, letting holders roll up to $35,000 in unused funds into a Roth IRA. As a result, savers are pouring money into the accounts after hitting the annual limits for contributing to their retirement plans — treating the 529 as a backdoor for funding a Roth IRA. One in 4 parents surveyed in Fidelity’s 2026 College Savings Indicator Study said they are now more likely to open a 529 account given the rollover and alternative uses. Bloomberg News Personal Finance Reporter Sarah Foster discusses.See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy.  Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF  Nvidia, the chipmaker at the heart of the artificial intelligence boom, said revenue will grow about 70% next fiscal year, easing concerns that AI spending is poised to lose momentum. The projected sales growth for fiscal 2028 outstrips analysts’ estimates for a 45% jump, according to data compiled by Bloomberg. Nvidia shares rose as much as 7.6% to $225.50 after trading got underway in New York on Thursday, adding about $362 billion in market value. The stock was already up 12% this year through Wednesday’s close.  On today’s episode:  Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence Matthew O’Neill, Co-Producer & Co-Director, ‘Can’t Look Away: The Case Against Social Media’ Nina Trentmann, Bloomberg News Senior Editor and CFO Briefing Editor & Eric Aboaf, CFO and EVP at S&P Global  Patrick Pan, Global Head of Marketing at X-Lab See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF The LDS church, widely known as the Mormon Church, has assembled a sprawling real estate empire over the last century. Through a web of subsidiaries, it has accumulated billions of dollars of properties from farms and ranches to apartments and hotels, becoming one of America’s largest — and least transparent — landowners. Behind those holdings is a highly sophisticated investment operation more akin to a sovereign wealth fund than a religious institution, according to brokers and investors who have worked with the church.  Natalie Wong, Bloomberg News Commercial Real Estate Reporter discusses her reporting.See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACFNOTE: The live program this podcast was created with originally aired prior to Nvidia's earnings call, in which CFO Colette Kress said she expects the company to "grow revenue by approximately 70% in fiscal 2028." This sent shares higher in afterhours trading. You can read the full story here. Nvidia delivered a sales forecast that left some investors underwhelmed, adding to concerns about the momentum of AI spending. Revenue in the current period will be $108 billion, plus or minus 2%, the company said in a statement Wednesday. Though analysts had estimated $105.2 billion on average, some projections exceeded $110 billion, according to data compiled by Bloomberg. Gross margin, the percentage of sales remaining after deducting the cost of production, will be roughly 74%.Today's podcast includes: Kunjan Sobjani, Bloomberg Intelligence Senior Semiconductor Analyst and Ed Ludlow, Bloomberg Tech Host Tim Archer, CEO of Lam Research with Ed Ludlow Alexandra Levine, Bloomberg News Tech Reporter AND Stacey Steinberg, Professor at the University of Florida Levin College of Law on Meta Jennie Welch, Bloomberg Economics Chief Geoeconomics Analyst See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Private aviation is no longer a niche luxury, it's becoming a major business story. Global private jet activity reached a record 3.9 million flights in 2025, up 34% from pre-pandemic levels, while airports are making major investments to capitalize on growing demand for premium travel experiences. The trend is playing out across the country. As President of VistaJet US, Leona Qi has a unique perspective on these shifts. Vista flies many of the executives, entrepreneurs and investors making expansion and investment decisions around the world, giving the company an early view into where business activity and capital are moving before those trends appear in traditional economic data.For more, Tim Stenovec and guest host Norah Mulinda spoke with Leona Qi, President of VistaJet.See omnystudio.com/listener for privacy information.