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US, China Reach TikTok ‘Consensus,’ Setting Up Trump-Xi Call Sep 15, 2025

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump said he would speak with Chinese leader Xi Jinping on Friday as US and Chinese officials reached a framework deal on keeping the TikTok app running in the US.
It would be the first direct engagement between Trump and Xi since June.
“I will be speaking to President Xi on Friday. The relationship remains a very strong one!!!,” Trump said in a post on social media Monday. Referring to a meeting of top officials between the two nations in Madrid, Trump also said that the session “has gone VERY WELL!”
US Treasury Secretary Scott Bessent, who led the talks in Spain, told reporters that a framework to keep ByteDance Ltd.’s TikTok app running in the US had been reached. China’s Vice Commerce Minister Li Chenggang also told reporters in Madrid that a framework of “consensus” had been reached on TikTok, while cautioning that Beijing won’t sacrifice principles for a deal.
The terms of the blueprint, and whether they would satisfy the requirements of a US national security law that took effect in January, remain unclear. But a US official emphasized that some arrangement was crucial in order for Trump and Xi to have their first in-person tête-à-tête later this year.
Had there been no deal on TikTok, a Trump-Xi meeting on the sidelines of the Asia Pacific Economic Cooperation gathering in South Korea late next month would have been off the table, the official said. A Trump state visit to China would also have been off the table, the official added, speaking on condition of anonymity to discuss the sensitive issue.
Today's show features:

Bloomberg News White House Reporter Skylar Woodhouse on President Donald Trump and Xi Jinping’s expected talks Friday, and the potential for a resolution to the TikTok saga
Yelena Shulyatyeva, Senior US Economist for The Conference Board, on this week’s FOMC policy meeting
Bloomberg Businessweek Senior Reporter Max Chafkin on Elon Musk’s $1 billion Tesla stock purchase
Brent Schutte, Chief Investment Officer of Northwestern Mutual Wealth Management on the outlook for US monetary policy

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CDC’s Total Overhaul Takes Shape Sep 15, 2025

Show notes

Since it was established almost 80 years ago, the US Centers for Disease Control and Prevention has been considered the gold standard for public health. For generations, the world has looked to the agency for guidance during dangerous disease outbreaks, with its website frequently bookmarked by physicians across the country looking for science-backed recommendations.
But in the months since Robert F. Kennedy Jr. took over the Department of Health and Human Services, which oversees the CDC, the agency has been thrown into disarray. HHS laid off thousands of CDC employees in April, including people studying chronic disease—Kennedy’s central issue—before bringing back some workers as a result of various lawsuits.
Dr. Richard E. Besser, President and CEO of the Robert Wood Johnson Foundation, offers his view on the potential dangers that come with the overhaul at the CDC. Dr. Besser speaks with Carol Massar, Tim Stenovec and Bloomberg News Health Reporter Jessica Nix on Bloomberg Businessweek Daily.

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Bloomberg Businessweek Weekend - September 12th, 2025 Sep 12, 2025

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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Charlie Kirk Killing Suspect Arrested on Murder, Weapon Offenses Sep 12, 2025

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
The man accused of killing of conservative activist Charlie Kirk— identified as Tyler Robinson — was arrested on suspicion of murder and weapons offenses.
Robinson is being held in county jail in Utah without bail, according to court documents. He was arrested by law enforcement, after a family member alerted authorities that he had confessed, or at least implied involvement, in the killing, Utah Governor Spencer Cox said Friday.
No formal charges have been filed against Robinson, but authorities in Utah said they intend to file them early next week.
Kirk, 31, executive director of Turning Point USA and a close ally of President Donald Trump, was shot in the neck Sept. 10 as he spoke at an outdoor student event before a crowd of more than 3,000 at Utah Valley University in Orem, about 40 miles (64 kilometers) south of Salt Lake City. He was pronounced dead at a local hospital.
Today's show features:

Bloomberg News Senior White House Correspondent Josh Wingrove on Charlie Kirk’s role in the US conservative movement and the US urging G-7 sanctions on Russian oil
Axel Merk, President and Chief Investment Officer of Merk Investments on the gold market boom
Bloomberg Tech Co-Host Ed Ludlow on takeaways from his interview with Tesla Board Chair Robyn Denholm
Alan Lancz, Director of Research at LanczGlobal on stock picks and Friday's late-day market fade

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The Future of Women's Health Begins at MIT Sep 12, 2025

Show notes

For 40 years, the MIT Media Lab has been an interdisciplinary creative sandbox where innovation thrives at the intersection of art, science, engineering, and design. Grounded in academic excellence, the Lab brings together diverse students, faculty, and researchers collaborating across dozens of groups, centers, initiatives, and programs on transformative projects. Through its unique consortium model, the Lab collaborates with industry, nonprofits, governments, philanthropic organizations, and global communities to develop technologies and experiences that enable people everywhere to flourish.
Rosalind Picard, Sc.D., a Grover M. Hermann Professor of Health Sciences and Technology at the MIT Media Lab, discusses the technological advancements in wearable medical devices and their impact on women’s health. Dr. Picard speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Police Hunt for Killer of Conservative Activist Charlie Kirk Sep 11, 2025

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
A search is underway for the killer of Charlie Kirk, a conservative activist and close ally of President Donald Trump who was fatally shot Wednesday at a Utah university.
Kirk, executive director of the Turning Point USA advocacy group, was speaking at an outdoor event before a crowd at Utah Valley University when a single shot was fired from a nearby building, according to local police.
Governor Spencer Cox described it as a “political assassination.”A person of interest was taken into custody and later released, FBI director Kash Patel said in social media posts, later tweeting that the FBI is seeking information, video and photos to help find the killer.
The shooting, the latest in a spate of political violence in the US, drew an outpouring of shock and condemnation from Republicans and Democrats. Kirk, 31, started Turning Point USA more than a decade ago and had turned it into one of the most influential groups helping to rally young voters to conservative causes. He leaves behind a wife and two young children.
Today's show features:

Congressman Gabe Amo (D-RI), on domestic security, geopolitical unrest, US economic policy and offshore power projects involving his state
Bloomberg Tech Co-Host Caroline Hyde on the report that Paramount Skydance Corp. is preparing a bid for Warner Bros. Discovery Inc.
Kristy Akullian, CFA, is the Head of Investment Strategy, Americas, BlackRock, on asset allocation strategies
Mark F. Cancian, Colonel, USMCR (Ret.) and Senior Adviser for the Defense and Security Department at the Center for Strategic and International Studies on the changing nature of US warfare and foreign military operations

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JLL CEO Ulbrich on the Global Commercial Real Estate Landscape Sep 11, 2025

Show notes

JLL is a Fortune 200 company and one of the largest consultancies in the world, specializing in real estate and investment management. JLL generates $23.4 billion in annual revenue, with a global workforce of over 112,000 across 80+ countries. The commercial real estate giant has seen office leasing activity worldwide increase both quarterly and year-over-year, with first-half volumes in 2025 reaching their highest level since 2019.
Christian Ulbrich, President and CEO of JLL, discusses the signs of stability and explains why he sees cause for cautious optimism heading toward the end of the year. Christian speaks with Bailey Lipschultz and Katie Greifeld on Bloomberg Businessweek Daily.

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Ellison Tops Musk as World’s Richest Man After $101 Billion Gain Sep 10, 2025

Show notes

Watch Bloomberg Businessweek Daily every day on YouTube: http://bit.ly/3vTiACF.
Larry Ellison has become the world’s richest person for the first time, ending Elon Musk’s nearly year-long reign in the top spot.
Ellison’s fortune soared $101 billion as of 10:10 a.m. in New York after Oracle Corp. reported quarterly results that surpassed expectations and said there’s more growth to come.
The increase lifted his total fortune to $393 billion, ahead of Musk who sits at $385 billion, according to the Bloomberg Billionaires Index. It’s the biggest one-day increase ever recorded by the index.
Musk became the world’s richest person for the first time in 2021 before losing the title to Amazon.com Inc.’s Jeff Bezos and LVMH’s Bernard Arnault. He reclaimed it last year and had held it for just over 300 days.
Ellison, 81, who co-founded Oracle and is now chairman and chief technology officer, has the bulk of his net worth tied up in the database software company.
Oracle’s shares, which had already gained 45% this year through Tuesday’s close, soared 41% Wednesday after the company posted a major increase in bookings and gave an aggressive outlook for its cloud infrastructure business. It’s the company’s largest single-day surge ever.
Today's show features:

Bloomberg News Wealth Americas Team Leader Kristine Owram on Larry Ellison surpassing Elon Musk as the world’s richest man
Bloomberg TV and Radio International Economics & Policy Correspondent Mike McKee on the US Department of Labor’s Office of Inspector General initiating a review at the Bureau of Labor Statistics and the Senate Banking Committee backing Stephen Miran for a Federal Reserve Governor post
Elizabeth Renter, Senior Economist at NerdWallet, on the economic outlook and the health of the US consumer
Fred Thiel, Chairman and CEO of MARA Holdings on the regulatory outlook for Bitcoin and the company’s recent progress with Bitcoin mining

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MercadoLibre Taps Into Pharma and Food With Regional Pilots Sep 10, 2025

Show notes

MercadoLibre is experimenting with small pilot programs to develop ventures in industries like pharma and food delivery. This development emerges after Bloomberg first reported that Amazon had acquired a stake in Colombian delivery platform Rappi through a $25 million convertible note.

Martin de los Santos, Chief Financial Officer of MercadoLibre, discusses why pharmaceuticals have a chance to improve their low e-commerce penetration, as well as why food products create new revenue opportunities for the Latin American powerhouse due to the high frequency of purchases. Martin speaks with Katie Greifeld and Matt Miller on Bloomberg Businessweek Daily.

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Apple Debuts iPhone 17 Lineup, Including Skinnier Air Mode Sep 09, 2025

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Apple Inc. introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology.

The company unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods.

The technology giant is looking to keep customers hooked on the smartphone — its biggest moneymaker — after signs of slowing demand in recent years. Apple has been contending with a saturated market for phones as well as fiercer competition in places like China.

“IPhone Air is a total game changer,” Chief Executive Officer Tim Cook said during the presentation.

Apple kept the starting price of its standard iPhone the same at $799. Though the Pro model will go up by $100, it also has twice as much storage. And the new Air version will cost $999, putting it in the middle of its price range. The skinnier model has ceramic shields on both sides of the phone, helping make the device more durable.

The model is 5.6 millimeters wide and “exceptionally light,” the company said. Though Apple rival Samsung Electronics Co. introduced its own skinny model earlier this year — the Galaxy S25 Edge — that device is 5.8 millimeters.

Today's show features:
- Dan Ives, Global Head of Technology Research at Wedbush Securities, on Apple’s newest iPhone launch and the tech sector broadly
- Jennifer Grancio, Global Head of ETFs at TCW on the market outlook and the demand for ETFs
- Douglas Boneparth, President of Bone Fide Wealth, and Heather Boneparth, Director of Business and Legal Affairs Bone Fide Wealth on personal financial management and investing
- Mark Gatto, Co-Founder, Co-President & Co-CEO of CION Investments, on the growing demand for private credit and alternative assets

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