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15 articles

global_markets19h ago

Supercars Fuel a New Hybrid Boom

Hybrids are enjoying a resurgence as slower EV adoption and continued demand for combustion engines reshape the auto industry, with the technology increasingly appearing in high-performance and luxury cars. Co-host of Bloomberg's "Hot Pursuit!" Hannah Elliott explains to Christina Ruffini and Bailey Lipschultz why brands including Audi, Lamborghini, Ferrari and Bugatti are using electric motors to boost performance while preserving the sound and feel buyers still want from combustion engines. Watch, on Bloomberg This Weekend. (Source: Bloomberg)

Bloomberg Markets

global_markets19h ago

A $2,000 Sweater Reveals Fashion’s True Cost

Content creator Macy Gilliam spent 90-hours over four months and about $2,000 making a sweater from scratch, starting with wool from a sheep at New York City’s Queens County Farm Museum. Gilliam joins Christina Ruffini on Bloomberg This Weekend where she explains that the project gave her a new appreciation for the labor behind clothing and raised questions about transparency, quality and ethics across fashion’s complex supply chains. (Source: Bloomberg)

Bloomberg Markets

global_markets20h ago

Warsh Sets the Tone for Fed’s Road Ahead

Federal Reserve Chair Kevin Warsh’s first Jackson Hole speech gave central bankers and investors greater clarity on how he views the economy and the Fed’s path ahead, though questions remain about the timing and number of potential rate hikes. Bloomberg Odd Lots co-host Joe Weisenthal is on Bloomberg This Weekend to discuss the annual gathering, where monetary policy debates mix with informal conversations among some of the world’s most influential central bankers. (Source: Bloomberg)

Bloomberg Markets

global_markets20h ago

Can the US Defy Fiscal Gravity?

David Bianco of DWS says long-term Treasury yields and real rates have climbed to some of their highest levels in nearly 25 years, but he argues inflation is not the main driver. The bigger issues are structural: US deficits above 6% of GDP, a rising total debt-to-GDP ratio, and the need to fund more borrowing domestically as foreign demand becomes less reliable. The US still benefits from the dollar’s safe-haven status, but Robin Brooks of the Brookings Institution and former Dutch Finance Minister Sigrid Kaag warn that America’s fiscal path remains dangerous even if its “exorbitant privilege” gives policymakers more time before markets force discipline. (Source: Bloomberg)

Bloomberg Markets

global_markets20h ago

$700 Cash Grants Transform Lives in Malawi

The nonprofit GiveDirectly, with a large backing from Canva, is providing eligible adults in two Malawi districts with about $700 each, roughly equivalent to the country’s annual income per person, with virtually no restrictions on how the money is spent. Bloomberg News Senior Africa Reporter Antony Sguazzin joins Christina Ruffini and Bailey Lipschultz on Bloomberg This Weekend and reports recipients are investing in businesses, livestock and home improvements, offering a test of whether large-scale direct cash transfers can provide a more efficient model for development aid. (Source: Bloomberg)

Bloomberg Markets

global_markets20h ago

Russia Tests Ukraine and NATO With Escalation

Russia is intensifying missile and drone attacks on Ukraine as Kyiv faces shortages of Patriot interceptors, raising concerns about its ability to defend against ballistic missiles heading into winter. Joining Bloomberg This Weekend are Bloomberg Economics Geoeconomics Analyst Alex Kokcharov and Bloomberg Intelligence Senior Defense Analyst Col. Wayne Sanders who discuss Russia’s hybrid attacks against NATO members and the challenge of building cheaper defenses against increasingly sophisticated drone warfare. (Source: Bloomberg)

Bloomberg Markets

global_markets21h ago

Nepal Rescuers Race to Find Thousands Missing

Rescue and recovery operations are continuing in Nepal after a glacial collapse triggered catastrophic flooding near the border with China, killing more than 600 people and leaving thousands missing. Bloomberg News Senior Reporter Dan Strumpf joins Christina Ruffini and Bailey Lipschultz on Bloomberg This Weekend and reports that destroyed roads and bridges are complicating efforts to reach isolated communities as Nepal seeks specialized international assistance for tunnel rescues, victim identification and recovery. (Source: Bloomberg)

Bloomberg Markets

global_markets22h ago

Iran War Exposes Limits of US Military Endurance

Six months into the US conflict with Iran, oil flows from the Persian Gulf have recovered to about 40% of prewar levels, but risks remain as the Strait of Hormuz stays constrained and the Navy faces mounting pressure on personnel, equipment and finances. Bloomberg News Economic Statecraft Lead Chris Kennedy and Bloomberg News Defense Reporter Jen Judson join hosts Christina Ruffini and Bailey Lipschultz on Bloomberg This Weekend and discuss the strain on US military readiness and why a new US deal involving Venezuelan oil fields is unlikely to deliver a significant near-term boost to global supply. (Source: Bloomberg)

Bloomberg Markets

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