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11.06.26 - 00:42
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US Inflation Picks Up, Eroding Paychecks | The Close 6/10/2026 (Bloomberg)
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Goldman Sachs Apex Head of Americas Anushka Gupta, Retired Brigadier General Mark Kimmitt, Telsey Advisory Group CEO & Chief Research Officer Dana Telsey, Former Federal Reserve Governor Betsy Duke, North Growth Management CEO & Lead Portfolio Manager Erica Lau, RBC Capital Markets' Rishi Jaluria, Cleo Capital Founder & Managing Director Sarah Kunst, Willkie Farr & Gallagher Co-Chair, Capital Markets Practice Edward Best, Global Citizen CEO Hugh Evans, & Robinhood VP & GM of Futures & International JB Mackenzie. (Source: Bloomberg)...
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11.06.26 - 00:31
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Inflation hits back hard at Trump, who spins heads with comments (The Hill)
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A new report on Wednesday showed inflation rising 4.2 percent in May, marking its highest level in three years and underlining how hard the Iran war is hitting consumers. The Labor Department report is unwelcome news for President Trump and the GOP in an election year where affordability is the dominant issue. Democrats were already......
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11.06.26 - 00:18
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Warsh May Tackle Inflation in New Way: Fmr. Fed Governor (Bloomberg)
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Former Federal Reserve Governor and former Wells Fargo chair Betsy Duke analyzed the recent inflation data, noting that headline and core inflation figures came in as expected but remain concerning for everyday consumers. She emphasized that while the Federal Reserve committee is unlikely to take immediate action at the next meeting, the persistent rise in living costs—especially energy prices—continues to outpace wage growth, creating financial strain for many households. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)...
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