Bank of America Sheds $22 Billion in Value; Consumer Prices Ramp Up | Bloomberg Businessweek
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF) US consumer prices advanced in September at the fastest pace in five months and a gauge of underlying price pressures rose by more than expected, keeping the squeeze on household budgets ahead of November’s midterm elections. Elsewhere, Bank of America stock and fixed-income traders missed estimates, while Anthropic held a pre-IPO investor day. On today's episode: Bank of America CEO Brian Moynihan Mike McKee, Bloomberg News Economics & Policy Correspondent Mandeep Singh, Bloomberg Intelligence Global Head of Tech Research Kelly O. Kay & Jeff Sanders, Partners at Heidrick & Struggles See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, econ
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