Bloomberg Businessweek

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Another burst of selling in technology companies rattled Wall Street on Friday, dragging down stocks as investors questioned the outlook for the artificial-intelligence trade. A rout in chipmakers extended into an eighth straight day on worries over whether the buildout of AI infrastructure has outrun the ability of firms to get a return on their investments. Meantime, Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime.
On today's episode:
- Mike McKee, Bloomberg News International Economics & Policy Correspondent
- Max Chafkin, Bloomberg Businessweek Senior Reporter
- Patrick McGee, Author of 'Apple in China: The Capture of the World's Greatest Company'
- Jason Leopold, Bloomberg News Senior Investigative Reporter
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Long before the Great Depression or the 2008 financial crisis, the world endured its first truly global financial crash. In his new book, 1873: The Rothschilds, the First Great Depression, and the Making of the Modern World, Pulitzer Prize–winning author Liaquat Ahamed traces how a booming global bond market, railroad speculation and massive flows of capital helped fuel extraordinary growth before the bubble burst. At the center of the story were the Rothschilds, the powerful banking dynasty that helped transform government borrowing and global finance.
Ahamed joins Bloomberg Businessweek Daily to discuss why 1873 still matters, how railroad mania compares with today’s rush into AI infrastructure, and what the era can teach investors about bubbles, monetary-policy mistakes and financial resilience.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Through PACs and funding tied to a16z's co-founders and partners, the Andreessen Horowitz team has poured at least $116 million into federal politics since Trump's reelection. Andreessen, who voted for Hillary Clinton in 2016 and said back then that Trump’s immigration regime “makes me sick to my stomach,” explained on a podcast that he was compelled by “absolutely horrifying” discussions he once had with Biden officials. In his retelling, they divulged a top-secret plan for the federal government to take control of the AI industry and outlaw all startups and open-source software.
On today's episode:
- Austin Carr, Bloomberg News Senior Features Writer
- Ed Ludlow, Host of Bloomberg Tech
- Robert Schiffman, Bloomberg Intelligence Senior Tech Credit Analyst
- Angela Stent, Senior Fellow at the American Enterprise Institute
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Oil gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels.

Brent traded above $106 after Iran-backed Houthi rebels launched missile and drone strikes across Saudi Arabia, including a hit that damaged Saudi Aramco’s headquarters. That added to an escalation in Iranian attacks on tankers in the Strait of Hormuz that’s threatening a rebound in Gulf supply. We discuss the latest energy headlines with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence.
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