StubHub CEO Eric Baker Talks IPO Debut

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borrowing costs. Chair Jerome Powell pointed to growing signs of weakness in the labor market to explain why officials decided it was time to cut rates after holding them steady since December amid concerns over tariff-driven inflation. “Labor demand has softened, and the recent pace of job creation appears to be running below the break-even rate needed to hold the unemployment rate constant,” Powell told reporters in his post-meeting press conference. He added, “I can no longer say” the labor market is “very solid.” See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy information.

Eric Trump, co-founder of American Bitcoin and the son of US President Donald Trump, and Michael Ho, CEO of American Bitcoin, explain why they are so bullish on Bitcoin and address the concerns surrounding Bitmain and crypto mining. Speaking on "Bloomberg Markets," Trump says he expects trillions of dollars will be onshored via crypto. They are joined by Bloomberg's Tim Stenovec and Romaine Bostick.See omnystudio.com/listener for privacy information.

Lyft CEO David Risher discusses the company's newest partnership with Waymo and their attempt to bring self-driving automobiles to Nashville. He is joined by Bloomberg's Ed Ludlow and Caroline Hyde.See omnystudio.com/listener for privacy information.

StubHub Holdings Inc. priced its initial public offering at the midpoint of a marketed range to raise $800 million, capping co-founder Eric Baker’s years-long pursuit of a listing for the ticket-selling platform. StubHub CEO Eric Baker discusses this with Bloomberg's Ed Ludlow and Caroline Hyde.See omnystudio.com/listener for privacy information.

Bank of America Chair and CEO Brian Moynihan talks about leadership changes at the bank. "I'm not going anywhere in the short term or medium term" he said on "Bloomberg Surveillance." The company named Dean Athanasia and Jim DeMare co-presidents, who will report directly to Moynihan. He is joined by Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern.See omnystudio.com/listener for privacy information.

Former UK national security adviser and ex-ambassador to the UN Mark Lyall Grant discusses the diplomatic challenges and opportunities of President Trump's state visit to the UK. He spoke to Bloomberg's Caroline Hepker and Stephen Carroll.See omnystudio.com/listener for privacy information.

United Airlines CEO Scott Kirby discusses economic health, airline demand, the accelerating market, where demand is coming from and more. Kirby spoke with Bloomberg's Romaine Bostick and Lisa Abramowicz.See omnystudio.com/listener for privacy information.

Tether CEO Paolo Ardoino & Tether USA CEO Bo Hines discuss stablecoin. Ardoino and Hines speak with Bloomberg's Tim Stenovec and Scarlet Fu.See omnystudio.com/listener for privacy information.

ServiceNow CEO Bill McDermott & Miami Dolphins Owner Stephen Ross discuss new regional innovation hub and AI institute in West, Palm Beach, Florida. McDermott and Ross spoke with Bloomberg's Ed Ludlow and Caroline Hyde.See omnystudio.com/listener for privacy information.