JPMorgan's David Kelly Talks Inflation, CPI Report

David Kelly, chief global strategist at JPMorgan Asset Management, breaks down the US CPI report for September as he expects the Federal Reserve to “keep on cutting rates.” He speaks with Bloomberg's Jonathan Ferro and Annemarie Hordern. See omnystudio.com/listener for privacy information.

Former Federal Reserve Governor Betsy Duke previews CPI data and speaks on the current state of inflation and how the Fed should act to tackle it. She speaks with Bloomberg's Jonathan Ferro and Annemarie HordernSee omnystudio.com/listener for privacy information.

Intel gave an upbeat revenue forecast after personal computer demand grew, boosting optimism about a comeback attempt by the embattled chipmaker.  Fourth-quarter sales will be $12.8 billion to $13.8 billion, the company said in a statement Thursday. The midpoint of that range, $13.3 billion, was just below Wall Street’s $13.4 billion average estimate. But some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.The shares gained about 3% in late trading after closing at $38.16. For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Jay Goldberg, Senior Analyst of Semiconductors & Electronics with Seaport Research PartnersSee omnystudio.com/listener for privacy information.

Blackstone President and COO Jon Gray discussed the outlook for deals, tariff and inflation risks, and the state of private credit after distributable earnings surged 48% in the third quarter. He spoke Thursday with Bloomberg's Dani Burger.See omnystudio.com/listener for privacy information.

House Minority Leader Hakeem Jeffries teased a public endorsement in the hotly contested New York City mayor’s race in coming days, praising Democratic nominee Zohran Mamdani’s commitment to leaving the current police commissioner in place. The top House Democrat, a Brooklyn native, said that Mamdani took a “strong step” in Wednesday night’s debate by saying he would retain Jessica Tisch to lead the Police Department, if elected. Jeffries has avoided weighing in on the race for months but promised an endorsement before early voting starts on Saturday. “I think that probably will provide a lot of comfort to the people throughout the city of New York. She’s done a great job,” Jeffries said of Tisch during a Thursday interview with Bloomberg’s Big Take Podcast.See omnystudio.com/listener for privacy information.

Eric Rosengren, Former Boston Fed President & CEO and Visiting Scholar at MIT Golub Center, shares his expectation for Friday’s US CPI report.See omnystudio.com/listener for privacy information.

Volvo shares surged after the automaker reported better-than-expected profit in the third quarter, benefiting from its 18 billion-kronor cost-saving program. The results suggest that a restructuring started by Chief Executive Officer Hakan Samuelsson is making an impact, with the CEO pushing to rebuild Volvo’s profitability with the efficiency program. He speaks with Bloomberg's Lizzy BurdenSee omnystudio.com/listener for privacy information.

Democratic Senator Catherine Cortez Masto (NV) says that when it comes to shutdown negotiations, "Donald Trump has to be a part of this conversation." Cortez Masto discusses the standstill that prevents the parties from reopening the government, and how the shutdown is impacting nuclear sites in her state of Nevada.See omnystudio.com/listener for privacy information.

Senator Ron Johnson (R-Wisconsin) discusses whether or not it is time to vote on secondary sanctions against Russia. The Senator also talks about the ongoing government shutdown and the need to pay federal employees. He speaks with Joe Mathieu and Julie Fine on the late edition of Bloomberg's "Balance of Power."See omnystudio.com/listener for privacy information.

Tesla posted third-quarter profit that fell short of Wall Street’s expectations despite record electric-vehicle sales, a sign of the pressure automakers are facing from shifting federal policies and rising costs. Adjusted earnings were 50 cents per share in the period, the company said Wednesday in a statement. Analysts had expected 54 cents on average in estimates compiled by Bloomberg. Revenue was $28.1 billion. For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with: Bloomberg Tech Co-Host Ed Ludlow Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management See omnystudio.com/listener for privacy information.