Get a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." The Fed’s preferred inflation gauge was mostly in line with expectations as US consumer spending rose in July by the most in four months. Meanwhile, the Trump administration’s campaign against Lisa Cook intensifies as she seeks an emergency hearing this morning to block her removal. Caterpillar is warning that tariffs ill have an even bigger impact on its business, costing it as much as $1.8 billion this year. PepsiCo boosts its stake in Celsius in a bid to bulk up its energy-drink business. Ahead of the Labor Day holiday weekend, we talk to the CEO of ResortPass and Malibu Boats.
Chapters:
00:00:00 – Open Interest Starts
00:08:51 – US Ends Small Package Tariff Exemption
00:13:51 – HIGH INTEREST
00:14:58 – Dell Reports Tighter Profit Margins on AI Services
00:24:30 – S&P Slips From Record at the Open | Sarah Hunt, Alpine Saxon Woods Chief Market Strategist
00:31:47 – TOP CALLS
00:33:28 – PepsiCo Boosts Stake in Celsius
00:51:11 – Volatility Under Calm Market Surface, Wu Silverman | Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy
00:58:02 – HIGH INTEREST
00:59:09 – Caterpillar Warns of Tariff Hit to Margins
01:06:33 – Challenging Period for the Marine Industry | Steve Menneto, Malibu Boats CEO
01:16:02 – Fall Travel Season Expected to Boom | Michael Wolf, ResortPass CEO
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
