Warsh Makes Vow on Inflation, as Big Banks Report Earnings | Bloomberg Businessweek Daily 7/14/2026
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Today, Bloomberg News' Mike Mckee and Yelena Shulyatyeva, Senior Economist from The Conference Board, break down Fed Chair Warsh's remarks Tuesday vowing to deliver price stability and what it says about how he will lead the Central Bank. Then Udesh Jha, Chief Risk Officer at Kalshi, explains why the predictions market platform is building up its AI computing power. Plus, Bloomberg Finance Reporter Todd Gillespie and Bloomberg Chief Wall Street Correspondent Sridhar Natarajan help digest the deluge of bank earnings reported Tuesday. Finally, Ed Ludlow has the details on Lucid's record 49% drop that prompted it to halt trading, and why the company says bankruptcy is not on the board. Chapters 00:00:00 Bloomberg Businessweek Daily 00:02:15 Market Update: CPI Cools, Tech Rallies, IBM Plunges 00:06:00 What We Learned From Kevin Warsh's Testimony 00:11:20 Fed Governor Chris Waller on Inflation & Rates 00:17:45 Market Update: Lucid, IBM & Chip Stocks 00:21:10 Kalshi's New AI Compute Futures
Tags: AI, Banking, CPI, Carol Massar, Congress; U.S., Ed Ludlow, Kalshi Inc, Kevin M. Warsh, Kevin Warsh, Michael McKee, Norah Mulinda, PPI, Senate, Sridhar Natarajan, Stock Movers, Testimony, Tim Stenovec, Todd Gillespie, Udesh Jha, Warsh
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