Adam Posen Talks 'Credible' Dollar Threat

Adam Posen, president of the Peterson Institute for International Economics, discusses US Treasury Secretary Scott Bessent's push to support the Japanese yen, calling the threat to weaken the dollar "credible" but "very shortsighted." Speaking with Bloomberg's Stephen Carroll and Caroline Hepker, Posen examines the thinking behind the Trump administration's currency policy, rising bond yields and $100 dollar oil prices, as well as mounting fiscal and political risks across the US and Europe.See omnystudio.com/listener for privacy information.

The U.S. crypto industry faces a legislative test on Sept. 15, when the Senate is scheduled to hold a procedural vote on the CLARITY Act. For more, Tim Stenovec and Scarlet Fu speak with Coinbase Vice Chair Ryan Vangrack See omnystudio.com/listener for privacy information.

Michigan Democratic US Senate candidate Abdul El-Sayed countered Republican criticism that his progressive-leaning platform is out of step with mainstream Americans by lambasting President Donald Trump’s tariffs on US trading partners, the unpopular war in Iran and the high cost of living Americans confront. He speaks with Bloomberg's Kailey Leinz. See omnystudio.com/listener for privacy information.

Steve O'Donnell, NASCAR CEO, says the business has good momentum but he's still focused on attracting younger viewers and getting new fans to the track. He also talks about competition among the drivers and how that helps the sport. He speaks with Bloomberg's Bailey Lipshultz and Randall Williams. See omnystudio.com/listener for privacy information.

An advance in oil prices sent stocks lower, fueling concerns about higher interest rates ahead of key inflation data. Money markets priced in an over 50% chance of a Federal Reserve rate increase this month, with the case for a hike hinging on government inflation data. For more, Jim Caron, CIO of Cross Asset Solutions at Morgan Stanley Investment Management, speaks with Bloomberg's Paul Sweeney. See omnystudio.com/listener for privacy information.

Chris Studley, USTA Managing Director of Event Services talked with Bloomberg's Tim Stenovec and Molly Smith on special edition of Bloomberg Businessweek Daily live at the US Open. He discussed how the US Open is as much a food-and-drink event as a tennis tournament. He says attendance and sales are up this year, noting more than 300,000 people came through during Fan Week and projecting about 800,000 Honey Deuces sold, up from 738,000 last year.See omnystudio.com/listener for privacy information.

Jon Wertheim, Executive Editor of Sports Illustrated & 60 Minutes Correspondent talked with Bloomberg's Tim Stenovec and Molly Smith on special edition of Bloomberg Businessweek Daily live at the US Open. He talked about the US Open's partnership with Kalshi along with the influx of online influencers attending the tournament.See omnystudio.com/listener for privacy information.

Brian Kelly, CEO at "The Points Guy" sat down with Bloomberg's Tom Keene and Scarlet Fu on Bloomberg Money to discuss how he built the site in 2010 while working at Morgan Stanley and using corporate travel spending to rack up credit card points. He says the site took off within 11 months after he began sharing tips for corporate travelers. Kelly also defends his broader thesis that points are a real currency and says loyalty programs remain highly profitable for airlines and banks.See omnystudio.com/listener for privacy information.

Christopher Phelan, White House Council of Economic Advisers Chairman, talks Trump's take on FED, job market, interest rates and economy. He talks to Bloomberg's Mike McKee and Isabel Lee. See omnystudio.com/listener for privacy information.

Nicole Bachaud, Labor Economist at ZipRecruiter, talks employment growth, job seekers bracing fewer opportunities and current labor market conditions. She talks to Bloomberg's Tom Keene and Paul Sweeney.See omnystudio.com/listener for privacy information.