McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry

McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Sri Natarajan, Bloomberg News Chief Wall Street Correspondent, discusses McKinsey's leadership discussing cutting about 10% of headcount across non-client-facing departments, which could amount to a few thousand job cuts over 18 to 24 months.

-Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst, discusses regulatory concerns for acquiring Warner Bros Discovery. Netflix is trying to close its $82.7 billion deal after Paramount made a hostile offer for Warner Bros., with the CEOs expressing confidence in their agreement despite regulatory concerns.

-Zeke Faux, Bloomberg Investigative Reporter, discusses the Bloomberg Big Take story: “A Shadowy Global Network Helped Trump Make Millions in Memecoi.”
Description: The trail from the Trump family memecoins leads all the way back to the origins of memecoins, an unregulated, nihilistic gambling game that swept the crypto world.

-Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, discusses his outlook for homebuilders in 2026. According to Bloomberg Intelligence: US homebuilder fundamentals will remain pressured in 2026 amid sluggish top-line growth and ongoing margin headwinds.

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Earnings Analysis: Apple Tops Sales Estimates But Falls Short of Blowout Quarter

Earnings Analysis: Apple Tops Sales Estimates But Falls Short of Blowout Quarter

Apple delivered second-quarter revenue that edged past analysts’ estimates, helped by demand for the iPhone and Mac, while failing to produce the blowout results that some investors were anticipating....

30 Huhti 15min

Alphabet, Amazon Outpace Meta in AI During Earnings Bonanza

Alphabet, Amazon Outpace Meta in AI During Earnings Bonanza

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence,...

30 Huhti 19min

Earnings Analysis: Meta, Microsoft, Alphabet & Amazon Deliver Earnings

Earnings Analysis: Meta, Microsoft, Alphabet & Amazon Deliver Earnings

Four of the biggest companies in the US: Alphabet, Amazon, Meta and Microsoft all reported earnings after the bell. - Meta Platforms shares slid after the company raised its spending outlook for the y...

29 Huhti 23min

Instant Reaction: Jay Powell on the Fed Decision

Instant Reaction: Jay Powell on the Fed Decision

Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveill...

29 Huhti 20min

Instant Reaction: Fed Holds Rates, Three Officials Dissent

Instant Reaction: Fed Holds Rates, Three Officials Dissent

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left intere...

29 Huhti 29min

Fed Chair Pick Kevin Warsh Wins Key Senate Committee Vote

Fed Chair Pick Kevin Warsh Wins Key Senate Committee Vote

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu- Enda Curran, Bloomberg Fed and Economy Reporter, discusses Kevin W...

29 Huhti 9min

BONUS: Pershing Square Founder & CEO Bill Ackman Talks Public IPO

BONUS: Pershing Square Founder & CEO Bill Ackman Talks Public IPO

Pershing Square Founder & CEO Bill Ackman joins Bloomberg's Dani Burger on "Bloomberg Deals" to discuss his five billion dollar Pershing Square IPO, an outlook on the markets, as well as his growth an...

29 Huhti 16min

Instant Reaction: Supreme Court Curbs Use of Race in Drawing Voting Districts

Instant Reaction: Supreme Court Curbs Use of Race in Drawing Voting Districts

The US Supreme Court limited the use of the Voting Rights Act to create predominantly Black or Hispanic election districts in a major constitutional ruling that buttresses Republican efforts to keep c...

29 Huhti 11min

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