Funding & Business
Wall Street Gets Rally Signal From Powell | Bloomberg Businessweek Daily 8/22/2025
On today’s episode of Bloomberg Businessweek Daily, Tim Stenovec and Norah Mulinda discuss Jerome Powell’s speech from Jackson Hole spurring huge movement in the market. Bloomberg’s Molly Smith and Eric Weiner break down the Fed Chair’s speech and its implications. Webtoon Chief Financial Officer David Lee talks partnering with Disney, and Axiom Space Chief Executive Officer Tejpaul Bhatia breaks down launching a data server to ISS and the future of commercial spaceflight. (Source: Bloomberg)
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Colombia President Gustavo Petro said the US has “decertified” Colombia as a partner in the war on drugs amid the biggest cocaine boom in history.
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Hong Kong bankers have ended the summer lull with a bang, closing billions of dollars of capital market deals as China’s corporate giants rush to raise cash.
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Japanese stocks rose for a fourth day, buoyed by the solid performance of US shares when the Tokyo market was closed Monday, particularly in semiconductor and technology stocks.
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