On today’s episode of Bloomberg Businessweek Daily, Tim Stenovec and Norah Mulinda discuss President Donald Trump stating that deal with Intel will make US $11 billion during his meeting with South Korea President Lee Jae Myung. Bloomberg’s Ian King digs in on the deal. Also on today’s show, BMO Capital Markets Senior Economist Jennifer Lee weighs in on the investment backdrop as Wall Street’s rally stalls with Fed-cut euphoria fading. Pittsburgh International Airport Chief Executive Officer Christina Cassotis discusses the Labor Day weekend travel rush, and Walton Global Executive Vice President of Capital Markets Katie Hubbard diagnoses the state of the US housing market.
Chapters:
00:00:00 – Bloomberg Businessweek Daily Starts
00:04:26 – Ian King Breaks Down Trump-Intel Deal, Traders Looking to Nvidia to Soothe AI Spending Fears
00:13:01 – BMO Capital Markets’ Jennifer Lee Talks Wall Street’s Stalled Rally as Fed-Cut Euphoria Fades
00:21:03 – Siddharth Philip on Boeing, Striking Defense Workers Union to Start Talks
00:25:18 – Pittsburgh International Airport CEO Christina Cassotis Discusses Holiday Weekend Rush, New Terminal
00:34:42 – Walton Global’s Katie Hubbard on State of the US Housing Market as New-Home Sales Exceed July Forecast
00:44:12 – Denitsa Tsekova with Stocks on the Move
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