On today’s episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss the White House backing a deal to end the government shutdown in the coming days. Veda Partners Director of Economic Policy Henrietta Treyz joins the show to break it down. Also on today’s show, UBS Alignment Partners Wealth Management MD Alli McCartney talks stocks rallying on bets that a shutdown endgame is close, and Bloomberg’s Sid Philip breaks down US airlines cancelling over 1,400 flights Monday due to severe weather in Chicago and shutdown staffing issues. Plus, Magna International Chief Executive Officer Swamy Kotagiri discusses the global automotive market, ongoing tariff impacts, and evolving electric vehicle demand.
Chapters:
00:00:00 – Bloomberg Businessweek Daily Starts
00:04:44 – Veda Partners’ Henrietta Treyz Talks WH Backing Deal to End Shutdown, Appeals Court Won’t Let Trump Admin Limit SNAP Benefits
00:12:06 – UBS Alignment Partners Wealth Management MD Alli McCartney on Stocks Rallying on Bets Shutdown Endgame is Near
00:21:52 – Siddharth Phillip Breaks Down US Airlines Cancelling 1,400 Flights with Totals Expected to Grow
00:27:31 – Mark Niquette Discusses US Job Growth Decelerating, Manufacturing Sector Struggling
00:34:54 – Magna International CEO Swamy Kotagiri Examines the Global Automotive Market, Ongoing Tariff Impacts
00:42:45 – Magna’s Swamy Kotagiri Rejoins to Talk Evolving Electric Vehicle Demand
00:46:32 – Carmen Reinicke with Stocks on the Move
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