On today’s episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss the release of the Federal Reserve Beige Book, which shows slowing wage growth weighing on consumer spending. Bloomberg’s Stuart Paul breaks down the results of the August Beige Book release. Plus, BNY Chief Investment Officer Jason Granet discusses the impacts of immigration on the labor market, and VF Corporation Chief Executive Officer Bracken Darrell sits down with Bloomberg Surveillance Co-Host Lisa Abramowicz to talk consumer demand. Caruso Founder and Executive Chairman Rick Caruso also joins to talk the state of California real estate and Los Angeles fire rebuilding efforts.
Chapters:
00:00:00 – Bloomberg Businessweek Daily Starts
00:03:34 – Stuart Paul Breaks Down the Fed Beige Book
00:09:44 – BNY CIO Jason Granet Talks July Jobs Data Reinforcing Fed Cut Bets, Immigration Impact on Labor Market
00:23:56 – Lisa Abramowicz Sits Down with VF Corporation CEO Bracken Darrell to Talk Consumer Demand, Tariffs
00:37:33 – Caruso Founder & Executive Chairman Rick Caruso Discusses State of CA Real Estate, Fire Rebuilding Efforts
00:53:35 – Alexandra Semenova with Stocks on the Move
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