Bloomberg Businessweek

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Private aviation is no longer a niche luxury, it's becoming a major business story. Global private jet activity reached a record 3.9 million flights in 2025, up 34% from pre-pandemic levels, while airports are making major investments to capitalize on growing demand for premium travel experiences. The trend is playing out across the country. As President of VistaJet US, Leona Qi has a unique perspective on these shifts. Vista flies many of the executives, entrepreneurs and investors making expansion and investment decisions around the world, giving the company an early view into where business activity and capital are moving before those trends appear in traditional economic data.

For more, Tim Stenovec and guest host Norah Mulinda spoke with Leona Qi, President of VistaJet.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Stanley Druckenmiller suggested that US Treasury Secretary Scott Bessent is making a mistake by trying to push down yields in the bond market. Bessent has recently pledged to increase the Treasury’s purchases of long-dated bonds, a move widely seen as an attempt to push down yields in the world’s most important debt market. Druckenmiller, who worked alongside Bessent and George Soros and remains one of the most influential voices on Wall Street, wrote in an opinion column “governments defending prices against fundamentals always lose,”
On today's episode:
Erik Schatzker, Bloomberg News Economy Editorial Director
Axel Merk, Merk Investments President and CIO
Laura Ullrich, Indeed Hiring Lab Director of Economic Research
Bob Mumgaard, Commonwealth Fusion Systems CEO
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. The Office of the Comptroller of the Currency has approved 22 bank charter applications in the first 19 months of the president's second term, with many going to fintech and digital-asset firms. The Trump family's proposed bank, World Liberty Financial, plans to expand the use of its dollar-backed stablecoin, USD1, and store the assets backing it in the bank, potentially cutting costs and adding legitimacy to the stablecoin.

For more, Norah Mulinda and Tim Stenovec speak with Paige Smith, Bloomberg News Finance Reporter
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of an “economic D-Day” campaign. Bessent said countries will face a specific timeline to shut down links with Iran or face unilateral US punishment, and the US is launching an economic onslaught against Iran’s financial connections around the globe. The US unveiled sanctions against more than 60 entities, focusing on five of Iran’s “most vital lifelines,” including digital assets, technology, gold, aviation and shipping.

On this episode, Norah Mulinda and Tim Stenovec speak with:
A roundtable of Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist / Mike McKee, Bloomberg TV & Radio International Economics & Policy Correspondent / Nancy Cook, Bloomberg News Senior National Political Correspondent
Melissa Shin, Bloomberg News Toronto Bureau Chief On US-Canada tariffs
Chris Levesque, CEO, TerraPower AND Will Wade, Bloomberg News Energy Reporter on Gates-Backed TerraPower to Announce Second Nuclear Plant This Year
Lisa K. Lippman, Real Estate Agent, Brown Harris Stevens on fall residential estate outlook, regional trends and demand
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Newly-released documents offer a glimpse into the months-long effort to put a sitting president’s signature on US currency for the first time and the resulting tension inside the Bureau of Engraving and Printing. Bloomberg News Senior Investigative Reporter & FOIA Files newsletter author Jason Leopold explains what's revealed in the latest addition of his FOIA Files Newsletter.
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