August 28, 2026

This week, Chrystia Freeland talks with the former finance ministers of the Netherlands and Germany about what it takes to bring spending under control. And, are US deficits now a bigger driver of interest rates than inflation? Plus, as Fed Chair Kevin Warsh makes his debut at the Jackson Hole Economic Policy Symposium, we revisit the story of the wealthiest place in America. Later, the rise of YouTube filmmakers is democratizing discovery, while also flooding the market with more content than audiences can watch. (Source: Bloomberg)

Former FDIC Chair Sheila Bair discusses inflation and the regulatory landscape in an interview with Romaine Bostick on “The Close.” (Source: Bloomberg)

“These shares are the only assets in her estate without designated beneficiaries.”

OPEC’s decades-long hold over global oil markets is fraying again as founder member Venezuela becomes the second nation in a matter of months to consider an exit.

“I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.”

“There is something shifting in the inflation picture in the US right now,” says Claudia Sahm, chief economist at New Century Advisors. She says on “Bloomberg Surveillance” that it would be “most appropriate” for the Federal Reserve to start raising rates. (Source: Bloomberg)

US equity futures drag as investors await Fed Chair Kevin Warsh’s speech at the Jackson Hole Economic Symposium to look for clues on the central bank’s outlook and strategy on inflation. Shares of Nvidia drag in pre-market trading after adding $442 billion in value in a day, its second-biggest daily gain on record. Paypal extends its decline as Advent and Stripe are said to have pulled out their $50 billion buyout bid. Venezuela is reportedly weighing an exit from OPEC in discussions with US officials. Sitara Sundar of JPM Private Bank looks ahead to Chair Warsh’s remarks. (Source: Bloomberg)

    Read MoreCommodities & Futures News

India’s foreign-exchange reserves climbed to a record high as dollar inflows surged after recent measures by the central bank to attract capital.