Businessweeks editorinchief, joel weber. We begin with jay powell. Joel take something complicated and this still it down to its most simple form. Istill it down to its most simple form. The cover is an expression of that this week. Jay powell, fed chair, probably the most important person in the world of finance. He heads the Financial Institution that is probably the most important anywhere in the world and for a year now, hes been the target of trumps friend are ire, because trump wants lower rates, lower rates, and jay powell has basically been a stoic figure through all of that. Carol we believe this is an independent organization, and for the first time we are wondering is it going to remain independent . And can they continue to fend off the executive branchs desire for lower rates . Right . We will see what happens this next week with rate cuts. The market basically thinks there will be a rate cut. The bigger story is one we wanted to ask to dig into, which is for a year now we
Carol we begin with Bloomberg Businessweeks joel weber. This is an issue to take to the lake. Joel the goal is to steal your summer. And i think we have done that. Cover to cover heist stories. Heist stories are a type of business story, right . Everything is actually a business story, only it is a business story with a major twist because it is ultimately about crime and the business of crime. Jason and every story has a twist including the story i love this one about model trains in england. Our reporter turned into a private investigator. Joel austin brought us this sensational heist story that you want to read to the end because you dont know how it ends and that is where austin excelled. We are talking about model trains. Not little model trains, but model trains people ride. Then, you know, there is some humor to that but the story has some real tragedy to it because it devastated the community this story is about. Carol people devoted their lives to building these. Joel little p
With tragic consequences and how one man raked in millions on biodiesel tax credit with multiple wives. Carol we begin with Bloomberg Businessweeks joel weber. This is an issue to take to the lake. Joel the goal is to steal your summer. Cover to cover heist stories. They are a type of business story, right . Only it is a business story with a major twist because it is ultimately about crime and the business of crime. Jason and every story has a twist including the story i love this one about model trains in england. Our reporter turned into a private investigator. Joel austin brought us this sensational heist story that you want to read to the end because you dont know how it ends and that is where austin excelled. We are talking about model trains. Not little model trains, but model trains people ride. Their is some humor to that but the story has some real tragedy to it because it devastated the community this story is about. Carol people devoted their lives to building these. Joel l
Warning. Huawei is the focus of deepening geopolitical controversy. It has distanced itself from the Chinese Military. There is a workaround to the blacklisting. Malaysias president is not satisfied with goldmans offer to settle the 1mdb case. Goldman sells me a killing on this. The fed stays in the spotlight. Top officials talk to us about rate cuts and policy plans. 50 basis points would be overdone. Its too early to know whether we should use the tool at all. And what magnitude we should apply. Its all straight ahead on bloomberg best. Taylor hello and welcome. I am taylor riggs. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. President trump made it clear he was ready to impose additional economic sanctions on iran. On monday, he followed through on that pledge. President trump today imposing sanctions on the Supreme Leader of
Businessweek editor joel weber. This is an issue to take to the lake. Joel the goal is to steal your summer. Cover to cover heist stories. They are a type of business story, right . Only it is a business story with a major twist because it is ultimately about crime and the business of crime. Jason and every story has a twist including the story i love this one about model trains in england. Our reporter turned into a private investigator. Joel austin brought us this story and it was sensational. You want to read a heist story to the end because you dont know how it ends and that is where austin excelled. We are talking about model trains. Not little model trains, but model trains people ride. Their is some humor to that but the story has some real tragedy to it because it devastated the community this story is about. Carol people devoted their lives to building these. Joel little pieces of coal, little shovels. Carol from little trains to big gold coins. Joel canada made these gold coi