Bloomberg Businessweek

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Bloomberg Businessweek Weekend: September 4th, 2026 Sep 05, 2026

Show notes

Featuring some of our favorite conversations of the week from our daily radio show “Bloomberg Businessweek Daily.”
Hosted by Carol Massar and Tim Stenovec Hear 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 @BW

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US Open 2026: Live From Billie Jean King National Tennis Center Day Two Sep 04, 2026

Show notes

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Tennis superstars Serena and Venus Williams play open mixed doubles Friday night, drawing a crowd to the Billie Jean King Tennis Center in Queens, NY ahead of Labor Day Weekend. Between the food, drinks, interactive viewing options, and fan experiences -- the USTA and its partners say they work year-round to put on the massive event. Bloomberg Businessweek Daily is live from the grounds of the US Open, speaking to tennis industry experts and the companies that turn the sports tournament into a viral event.

On today's episode:

Jon Wertheim, Sports Illustrated Senior Editor & 60 Minutes Correspondent
Ben Rothenberg, Tennis Reporter
Kameryn Stanhouse, IBM Global VP of Sports & Entertainment & Tyler Sidell, IBM Technical Director
Chris Studley, USTA Managing Director of Event Services

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Trump News Helped Fund Reap Gains From Share Sales Sep 04, 2026

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American Ventures sold major stock holdings amid news coverage linking the Trumps to the investments, the analysis shows. In each of the deals, American Ventures earned a profit or is on track to do so. In each, outside investors saw shares decline. Eric and Donald Trump Jr. are passive investors in American Ventures, which has booked quick profits on stakes as buy-and-hold investors take losses. Guest hosts Christina Ruffini and Lisa Mateo speak with Bloomberg's Zachary Mider for more.

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US Open 2026: Live From Billie Jean King National Tennis Center Day One Sep 03, 2026

Show notes

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

This year’s US Open purse will reach $108 million, representing the largest player compensation package in the sport’s history.Winners of the singles main draw will take home $5.5 million, according to a statement Thursday from the United States Tennis Association. Competitors in the first-round will receive $140,000. Overall compensation for this year’s tournament is up 20% from last year, according to the USTA. Hosts Tim Stenovec and Molly Smith broadcast live from the Billie Jean King National Center

On today's episode:

Steve Flink, Tennis Hall of Fame Journalist and Author of “The Immortals of American Tennis”
Aleco Azqueta, Bacardi Global VP of Marketing
Christian Basnigh, Influencer & Creator of ‘Christian’s Court’
Anthony Sama, NYC Parks Department Flushing Meadow Park Administrator

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A $40 Billion ETF Shuffle Helps Foreigners Dodge US Taxes Sep 03, 2026

Show notes

Every three months like clockwork, investors pull $40 billion or more from a BlackRock exchange-traded fund tracking the S&P 500 and deposit most of it into a near-identical Vanguard Group product. A few days later they reverse the trade, and the money flows back the other way. Bloomberg News' Zachary Mider and Denitsa Tsekova write about the trend in today's Big Take.

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Venezuela Signs Oil Agreements With Chevron After US Deal Sep 02, 2026

Show notes

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Chevron plans to invest $7 billion over the next five years to more than double crude production in Venezuela through its joint venture partnerships. The announcement comes after President Trump announced a deal to develop Venezuela's oil reserves, giving the Pentagon a stake in the profits. Bloomberg News Washington Correspondent Tyler Kendall spoke with US Energy Secretary Chris Wright and Chevron CEO Mike Wirth about the new deals.

On today's episode, Tim Stenovec and guest host Lisa Mateo speak with:

Tyler Kendall, Bloomberg News Washington Correspondent
Chris Kennedy, Bloomberg Economics Economic Statecraft Lead
Miguel Martin, Aurora Cannabis CEO
Daniel Schreiber, Lemonade Co-Founder and CEO

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Oil Extends Gain as US and Iran Trade Strikes, Escalating Conflict Sep 01, 2026

Show notes

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
US-Iran tensions over the Strait of Hormuz heightened after a flurry of military strikes at the start of the week, with neither side prepared to cede ground over the crucial waterway. It caused a surge in oil prices that rippled through global markets, hitting stocks and bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates. Bloomberg News Senior Editor Wendy Benjaminson has latest details on fighting in the Middle East, while Bloomberg News Macro Strategist Frank Monkam explains the impacts on the energy and bond markets.
On today's episode:

Wendy Benjaminson, Bloomberg News Senior Editor
Frank Monkam, Bloomberg News Macro Strategist
Heather Lavallee, Voya Financial CEO
Elizabeth Rambert, Bloomberg News Municipal Finance Reporter

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Prediction Markets Raise Gambling Addiction Concerns Sep 01, 2026

Show notes

The rise of prediction markets has raised concerns about their potential to contribute to gambling addiction, with some experts arguing that they can be just as addictive as traditional sports betting, despite being marketed as a safer and more user-friendly alternative. Ira Boudway, Bloomberg News Global Business Reporter, reports on one man's story of relapse and recovery and what Kalshi says it's doing address the mental health risks of gambling.

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For a Thirsty West, It’s Either Cows or Humans Sep 01, 2026

Show notes

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
The Colorado River has lost 20% of its flow due to a 25-year drought and chronic overuse, causing major reservoirs to fall to record-low levels. The federal government has proposed a plan to cut water allocations to California, Arizona, and Nevada, with Arizona potentially losing all of its 3 million acre-feet of river allocation in the long run. A significant portion of the Colorado River's water is used for irrigation to grow alfalfa and other hay to feed cattle, with about 26% of the hay grown in California and Arizona being exported to other countries.
For more, Kristine Aquino and Tim Stenovec spoke with Mark Gongloff, Bloomberg Opinion Columnist who covers climate change.

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AI First Priority for Apple's New Chief John Ternus Aug 31, 2026

Show notes

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Stepping 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

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