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Business
Americans Now Need Less Money to Feel Rich

Americans Now Need Less Money to Feel Rich

Jul.28 — A new survey finds relationships are more important than cash when it comes to being happy.

Business
Larry Summers: U.S. Economy Needs a Protracted Fiscal Infusion

Larry Summers: U.S. Economy Needs a Protracted Fiscal Infusion

Jul.28 — Lawrence H. Summers, former U.S. Treasury Secretary and a Bloomberg Contributor, discusses the need for further U.S. stimulus and his concerns about the Federal Reserve’s intervention in specific markets. He speaks with Bloomberg’s…

Business
Gold Is Behaving Like a Financial Asset, ABN AMRO’s Boele Says

Gold Is Behaving Like a Financial Asset, ABN AMRO’s Boele Says

Jul.28 — “Overall, positions are quite extreme,” says Georgette Boele, senior FX and precious metals strategist at ABN AMRO, who sees a combination of positive factors for gold as it rises to a record level.…

Business
Johns Hopkins Sees Many Paths to Handle Covid-19 Medically

Johns Hopkins Sees Many Paths to Handle Covid-19 Medically

Jul.28 — Johns Hopkins SAIS Foreign Policy Institute Executive Director Carla Freeman examines how the coronavirus pandemic has been handled around the world and looks at potential treatments and vaccines for Covid-19. She speaks on…

Business
Fed Needs to Regain Policy Control: Ex-Philly Fed President Plosser

Fed Needs to Regain Policy Control: Ex-Philly Fed President Plosser

Jul.28 — Former Philadelphia Fed President Charles Plosser examines the potential impact of large deficits on financial markets and the danger of “group think” at the Federal Reserve. He speaks on “Bloomberg Surveillance.”

Business
What the New Normal Looks Like After Covid-19

What the New Normal Looks Like After Covid-19

Jul.28 — Dr. Maria Van Kerkhove, technical lead for Covid-19 at the World Health Organization, talks about what the new normal will look like. She spoke on Monday in Geneva.

Business
Luxury Brands Feel Pandemic’s Pinch in Quarterly Results

Luxury Brands Feel Pandemic’s Pinch in Quarterly Results

Jul.28 — The luxury retail industry reports quarterly earnings this week as brands deal with the effects of closed shops and a decrease in spending on high-end consumer goods. SW Retail Advisors President Stacey Widlitz…

Business
WHO Says Putting Pressure on the Virus Works

WHO Says Putting Pressure on the Virus Works

Jul.28 — Dr. Mike Ryan, head of the World Health Organization’s Health Emergencies Program, says when countries ease up pressure on the virus, they see the number of cases rise. He spoke to reporters in Geneva…

Business
WHO Says Coronavirus Is Accelerating

WHO Says Coronavirus Is Accelerating

Jul.28 — The World Health Organizations says coronavirus is accelerating and the number of cases has roughly doubled in the last six weeks. WHO Director-General Tedros Adhanom Ghebreyesus speaks in Geneva.

Business
Argentina Has Reached Maximum Point in Bond Offer: Guzman

Argentina Has Reached Maximum Point in Bond Offer: Guzman

Jul.28 — Argentina’s Economy Minister Martin Guzman says the country is fully committed to fiscal consolidation as a group of creditors seeking to extract better terms from the government in its $65 billion debt restructuring…