Latest news with #SonaliBasak
Bloomberg
2 days ago
- Automotive
- Bloomberg
General Motors Bracing for a $1.1B Tariff Hit
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." GM shares fall as it struggles to keep up its profitability. GM CFO Paul Jacobson tells Bloomberg Open Interest the company is onshoring most of its production to offset the tariff impact. A mixed bag with tech earnings, as Google aims for its longest winning streak since 2010, and NXP Semiconductors falls short thanks to auto sector uncertainty. And is the meme mania back? Kohl's soars triple digits as retail traders talk up the stock. And the Chairman and CEO of Fifth Third Bank tells Open Interest that he's excited to embrace digital currency technology. (Source: Bloomberg)
Bloomberg
2 days ago
- Business
- Bloomberg
How Carlyle CEO Harvey Schwartz Made It to the Top
Wall Street is a place where who you know—as much as what you know—can make all the difference. For a young Harvey Schwartz, that axiom took on a very different meaning than its usual combination of wealth and privilege. Now the chief executive of The Carlyle Group Inc., Schwartz, 61, climbed an unlikely path to the top. It began with a teenage struggle for success both in academics and athletics, navigating the mental health issues of his parents and eventually failing out of of high school in Morristown, New Jersey. On this episode of Bullish with Sonali Basak, we sit down with Schwartz to hear how the hard lessons of his difficult early years, and the helping hands of key people in his life, turned everything around.
Bloomberg
6 days ago
- Business
- Bloomberg
Powell Replacement Needs 'Market Credibility'
On Bloomberg Businessweek Daily, Tim Stenovec and Sonali Basak talk with Bloomberg's Mike McKee on the necessity of possible Powell replacements having market credibility. Bloomberg News White House Editor Jordan Fabian also joins to discuss President Trump seeking the release of ggrand jury testimony from the prosecution of Jeffrey Epstein. Huntington Bank CFO Zach Wasserman joins alongside Bloomberg News Senior Editor Nina Trentmann to discuss earnings, as well as Walton Global Executive Vice President of Capital Markets Katie Hubbard discussing the 'gummed up' housing market and the impacts of tariffs. (Source: Bloomberg)
Bloomberg
6 days ago
- Business
- Bloomberg
Yields Drop on Waller's Call, Inflation Views
Sonali Basak highlights the market-moving news you need to know. Today's guests: Allspring Global Investments Chief Investment Strategist of Fixed Income George Bory, Guggenheim Investments CIO of Fixed Income Steve Brown, BlackRock Head of Macro Credit Research Amanda Lynam, Vanguard Co-Head of Global Taxable Credit Research Colleen Cunniffe (Source: Bloomberg)
Yahoo
7 days ago
- Business
- Yahoo
Goldman Sachs Posts Firm's Best-Ever Stock-Trading Quarter
Goldman Sachs stock traders posted a second straight quarter of record revenue for the unit on volatility sparked by the Trump administration's trade war. Sonali Basak reports on Bloomberg Television. Sign in to access your portfolio
