Here's Why Some Economic Data Matters More Than Others (Anniversary)
It's been a year since we launched Here's Why. In that time we've brought you stories from the around the world about the global economy and how it's changing. To mark the occasion, we wanted to look back at one of our favourite episodes.CPI, PCE, GDP, PMIs and JOLTS are all data points closely monitored by markets. They help us understand where the economy is, can give us hints on where it's going. But are all of these numbers equally important? Our global economy reporter Enda Curran joins Stephen Carroll to discuss how to separate the signal from the noise. See omnystudio.com/listener for privacy information.
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9:14
Here's Why Obesity Drugs Are Changing the Food We Buy
Hundreds of thousands of people around the world are now on weight loss drugs like Wegovy, known as GLP-1s. The food industry is taking notice too, with big companies leaning into more nutritional products to complement the effects of the drug. Deirdre Hipwell, who leads Bloomberg's team covering healthcare and consumer companies in Europe, joins Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.
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8:48
Here's Why China's Trade War Strategy Is Working
The US and China have agreed to slash import tariffs for 90 days to allow for further negotiations. The deal is a major pullback of America's trade offensive, and comes after Chinese President Xi Jinping has taken a defiant stance against Donald Trump. Bloomberg Opinion columnist Karishma Vaswani joins host Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.
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9:15
Here's Why Oil Producers Are Driving Prices Lower
Crude oil prices have fallen sharply since the start of the year, caught up in the market turmoil of Donald Trump's trade war. The OPEC+ group of oil-producing countries has responded by increasing production, which has pushed prices down further. Why are these nations intentionally hurting their own revenues? Bloomberg Opinion columnist Javier Blas joins host Stephen Carroll to explain.See omnystudio.com/listener for privacy information.
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10:59
Here's Why a Weaker Dollar Matters
The dollar is a key part of the American economy's strength, underpinning global finance and trade. But since President Donald Trump unleashed his global trade war, there are cracks in the greenback's image, which will have global consequences. Bloomberg's Senior Washington Correspondent Saleha Mohsin, who wrote the book: Paper Soldiers: How the Weaponization of the Dollar Changed the World Order, joins Stephen Carroll to discussSee omnystudio.com/listener for privacy information.