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You might think America's top 10 percent would consider themselves rich – but a new Bloomberg survey finds that many of them don't feel that way. Bloomberg's Craig Giammona and Claire Ballentine join this episode to share what they learned when they asked people across the country a simple but not-so-simple question: How rich or poor do you feel today? Plus, Yale social psychologist Michael Kraus discusses how perceptions of wealth shape our well-being, sense of self and relationship to others. Read more: Miami to Austin, Where Your Paycheck Would Go Further Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.
There's a whole lot happening in the economy that's impacting your wallet. Inflation is slowing down, but it's still high. Layoffs have rocked every industry. And rent prices keep surging. Is it a good time to quit your job–or ask for a raise? Should you buy a house (if you can find one)? And which investments are safe when markets are all over the place? Bloomberg personal finance journalists Claire Ballentine and Craig Giammona join this episode to share advice about what to do with your money in volatile times. Read more: What to Do With Your Money—and Your Life—in a Wild New World Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.
Chad Oviatt, Senior Vice President, Director of Investment Management at Huntington Private Bank, discusses the viability of the reopening trade, equity allocation, and the tax debate. Craig Giammona, Bloomberg US Real Estate Team Leader, discusses the impact of supply chain shortages on housing. Bryan Fairbanks, CEO of Trex, discusses company performance during the pandemic, supply chain issues, and the growth outlook. Fernando Valle, Bloomberg Intelligence Oil & Natural Gas Analyst, discusses ConocoPhillips's deal to acquire Royal Dutch Shell Plc's Permian Basin assets for $9.5 billion. See omnystudio.com/listener for privacy information.
Mark Douglas, CEO of SteelHouse, discusses the pending Amazon, MGM deal. Marc Roberts, Co-Founder and Owner of E11EVEN Hotel & Residences, discusses the entertainment sector and real estate as the pandemic eases. Michael Zezas, Managing Director, Head of U.S. Public Policy Research and Municipal Credit Strategy at Morgan Stanley, discusses the municipal bond market. Bloomberg Real Estate Reporter, Craig Giammona, talks home prices and the outlook for the housing market. Hosted by Paul Sweeney and Matt Miller.
Craig Giammona from Bloomberg's Real Estate Team speaks to Lynda Lopez.
Bloomberg Businessweek Economics Editor Peter Coy and Bloomberg News Economics Reporter Steve Matthews discuss former top Federal Reserve official Bill Dudley’s suggestion that the central bank reject interest-rate cuts that would help Donald Trump’s 2020 reelection prospects. Craig Giammona, Bloomberg News Consumer Reporter, talks about Philip Morris, the maker of Marlboro cigarettes in overseas markets, considering a merger with Altria Group, the deal would reunite the tobacco giants more than 10 years after they split their operations. Karen Davies, Managing Director of Private Equity at Huntington National Bank, shares her outlook for middle-market M&A. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Barry Ritholtz have a peak at the place where economist talk rates in the Maine woods over good wine. And we Drive to the Close with Eric Clark, Portfolio Manager at Rational Dynamic Brands Fund. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan.
Bloomberg Businessweek Economics Editor Peter Coy and Bloomberg News Economics Reporter Steve Matthews discuss former top Federal Reserve official Bill Dudley's suggestion that the central bank reject interest-rate cuts that would help Donald Trump's 2020 reelection prospects. Craig Giammona, Bloomberg News Consumer Reporter, talks about Philip Morris, the maker of Marlboro cigarettes in overseas markets, considering a merger with Altria Group, the deal would reunite the tobacco giants more than 10 years after they split their operations. Karen Davies, Managing Director of Private Equity at Huntington National Bank, shares her outlook for middle-market M&A. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Barry Ritholtz have a peak at the place where economist talk rates in the Maine woods over good wine. And we Drive to the Close with Eric Clark, Portfolio Manager at Rational Dynamic Brands Fund. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
LaCroix was once the darling of sparkling waters. Today it's struggling against a crowded market and a raft of lawsuits. By Lauren Etter and Craig Giammona Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Eric Stein, Portfolio Manager and Co-Director of Global Fixed Income at Eaton Vance, on global growth fears, negative yields, and EM debt. Logan Mohtashami, Senior Loan Officer at AMC Lending Group, on the housing market and the jump in refinancings. Craig Giammona, consumer reporter for Bloomberg, on Kraft-Heinz plummeting. Dan Wasiolek, Senior Equity Analyst at Morningstar, discusses how the U.S. tourism industry is being impacted, after several countries- including Japan- have issued travel warnings. Hosted by Lisa Abramowicz and Paul Sweeney.
Josh Green, Bloomberg Businessweek National Correspondent, and Sarah McGregor, Bloomberg News U.S. Economic Policy Team Leader, discuss President Trump proposing tariffs on Mexican imports in an effort to stop immigrants from entering the U.S. illegally. Craig Giammona, Bloomberg News Consumer Reporter, explains how the U.S-Mexico trade war is hurting beer maker Constellation Brands. Bloomberg Businessweek Editor Joel Weber and Freelance Writer Serena Saitto talk about the organizers of the Burning Man festival grappling with the possibility of radical changes that they say could ultimately force them to discontinue the 33-year-old event. Jeff Grabow, U.S. Venture Capital Leader at Ernst & Young, shares his outlook for IPOs. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Josh Green, Bloomberg Businessweek National Correspondent, and Sarah McGregor, Bloomberg News U.S. Economic Policy Team Leader, discuss President Trump proposing tariffs on Mexican imports in an effort to stop immigrants from entering the U.S. illegally. Craig Giammona, Bloomberg News Consumer Reporter, explains how the U.S-Mexico trade war is hurting beer maker Constellation Brands. Bloomberg Businessweek Editor Joel Weber and Freelance Writer Serena Saitto talk about the organizers of the Burning Man festival grappling with the possibility of radical changes that they say could ultimately force them to discontinue the 33-year-old event. Jeff Grabow, U.S. Venture Capital Leader at Ernst & Young, shares his outlook for IPOs. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
The American opinion on legalizing weed has shifted in the last decade, and Gen Z isn't afraid to tap into the trend. This is good news for the booming weed industry since Gen Z has three times more eligible consumers than their parents. We chatted with Craig Giammona, Consumer Reporter at Bloomberg News. --- TicToc is a daily news podcast hosted by Alexis Benveniste (@apbenven), produced at Bloomberg Worldwide HQ in New York City. You can follow up with us and watch our reporting @tictoc. If you like it, be sure to rate us on iTunes, and tell your friends!
Craig Giammona, Bloomberg News Consumer Reporter, discusses Kraft Heinz bringing in new chief executive officer Miguel Patricio, as it looks to break out of a prolonged slump that’s hampered the company since its bid to buy Unilever fell apart more than two years ago. Gabe Diederich, Portfolio Manager of Municipal Fixed-Income at Wells Fargo Asset Management, talks about investors putting money into municipal bonds to offset higher taxes. Bloomberg News White House Reporter Jennifer Epstein explains how the Mueller report and the expected entry of former Vice President Joe Biden are reshaping the 2020 Democratic presidential race. Max Chafkin, Bloomberg Businessweek Features Editor, shares details of Tesla's investors day. And we Drive to the Close with Alan Zafran, Senior Managing Director at First Republic Private Wealth Management. Hosts: Carol Massar and Vincent Cignarella. Producer: Paul Brennan
Craig Giammona, Bloomberg News Consumer Reporter, discusses Kraft Heinz bringing in new chief executive officer Miguel Patricio, as it looks to break out of a prolonged slump that's hampered the company since its bid to buy Unilever fell apart more than two years ago. Gabe Diederich, Portfolio Manager of Municipal Fixed-Income at Wells Fargo Asset Management, talks about investors putting money into municipal bonds to offset higher taxes. Bloomberg News White House Reporter Jennifer Epstein explains how the Mueller report and the expected entry of former Vice President Joe Biden are reshaping the 2020 Democratic presidential race. Max Chafkin, Bloomberg Businessweek Features Editor, shares details of Tesla's investors day. And we Drive to the Close with Alan Zafran, Senior Managing Director at First Republic Private Wealth Management. Hosts: Carol Massar and Vincent Cignarella. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
These days, it's hard to avoid thinking about borders; discussions about the divided spread through our feeds like melting butter on warm toast. So this week, we're taking a look at the boundaries criss-crossing the gastro-verse and the people testing their limits. On Food Without Borders, Sari Kamin shines a light on refugees using cookbooks to fight immigration hostilities. Amazon's still in the news thanks to Elizabeth Warren's proposal to roll back its merger with Whole Foods. Nina Medvinskaya gets in touch with her Slavic roots with an exploration into Eastern Europe's complex hybrid-cuisines. Finally, in anticipation of spring, Kat Johnson takes us on a trip to Flora-Bama's interstate fish-tossing competition. Meat + Three is powered by Simplecast.
Craig Giammona, Bloomberg News Consumer Reporter, discusses Kraft Heinz writing down the value of some of its best-known brands by $15.4 billion. Anousha Sakoui, Bloomberg News Entertainment Reporter, talks about the socially conscious indie studio Participant Media's bid for Oscar gold. Jeff Grabow, U.S. Venture Capital Leader at Ernst &Young, sees a positive outlook for initial public offerings in 2019. And we Drive to the Close of markets with Jeff Krumpelman, Chief Investment Strategist at Mariner Wealth Advisors. Hosts: Carol Massar and Vincent Cignarella. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Craig Giammona, Bloomberg News Consumer Reporter, discusses Kraft Heinz writing down the value of some of its best-known brands by $15.4 billion. Anousha Sakoui, Bloomberg News Entertainment Reporter, talks about the socially conscious indie studio Participant Media's bid for Oscar gold. Jeff Grabow, U.S. Venture Capital Leader at Ernst &Young, sees a positive outlook for initial public offerings in 2019. And we Drive to the Close of markets with Jeff Krumpelman, Chief Investment Strategist at Mariner Wealth Advisors. Hosts: Carol Massar and Vincent Cignarella. Producer: Paul Brennan
Bloomberg News White House Editor Alex Wayne, discusses President Trump’s interactions at the G-20 summit and whether a trade deal with China will happen. Craig Giammona, Bloomberg News Consumer Reporter, explains how Michelob Ultra and Modelo Especial are bucking the trend of a sluggish U.S. beer market. Kevin Werbach, Professor at Wharton, talks about his book “The Blockchain and the New Architecture of Trust.” Varun Jain, Senior Investment Manager at Qualcomm Ventures, shares the firm’s plans to invest up to $100 million in artificial intelligence. And we Drive to the Close of markets with Jim Russell, Portfolio Manager at Bahl & Gaynor.Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Bloomberg News White House Editor Alex Wayne, discusses President Trump's interactions at the G-20 summit and whether a trade deal with China will happen. Craig Giammona, Bloomberg News Consumer Reporter, explains how Michelob Ultra and Modelo Especial are bucking the trend of a sluggish U.S. beer market. Kevin Werbach, Professor at Wharton, talks about his book “The Blockchain and the New Architecture of Trust.” Varun Jain, Senior Investment Manager at Qualcomm Ventures, shares the firm's plans to invest up to $100 million in artificial intelligence. And we Drive to the Close of markets with Jim Russell, Portfolio Manager at Bahl & Gaynor.Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Women are more interested in the medicinal benefits and smalls doses for relaxation. Lets explore this article found bloomberg.com posted by Craig Giammona. Are you looking to help support the Simple Eats brand? Click this link: anchor.fm/simpleeats to become a monthly supporter. Simple Eaters I love you all. Lets make this world a healthier place to live. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/SEWCT/support
Craig Giammona, Bloomberg News Consumer Reporter, explains why investors have concerns despite good Pepsi earnings. Olivia Carville, Bloomberg News Tech Reporter, talks about her story in Businessweek Magazine on how startup visa programs are drawing foreign tech founders away from the U.S. Kara Murphy, CIO at United Capital, discusses how changes in corporate leadership impact investing. Jon Erlichman, Anchor of BNN Bloomberg's The Open, breaks down Amazon raising the minimum wage for their employess in the U.S. and U.K And we Drive to the Close of the market with Luca Paolini, Chief Strategist at Pictet Asset Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Craig Giammona, Bloomberg News Consumer Reporter, explains why investors have concerns despite good Pepsi earnings. Olivia Carville, Bloomberg News Tech Reporter, talks about her story in Businessweek Magazine on how startup visa programs are drawing foreign tech founders away from the U.S. Kara Murphy, CIO at United Capital, discusses how changes in corporate leadership impact investing. Jon Erlichman, Anchor of BNN Bloomberg's The Open, breaks down Amazon raising the minimum wage for their employess in the U.S. and U.K And we Drive to the Close of the market with Luca Paolini, Chief Strategist at Pictet Asset Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Jim Bacchus,Director of Center for Global Economic & Environmental Opportunity at UCF, discusses President Trump's plan to impose another $200 billion worth of tariffs on Chinese goods. Lyle Fitterer, Head of Municipal Fixed Income at Wells Fargo Asset Management, talks about the impact Hurricane Florence could have on the muni bond market. Craig Giammona, Bloomberg News Consumer Reporter, explains that Coca-Cola saying it's eyeing the cannabis drinks market. Rich Miller, Bloomberg News Economics Reporter, discusses his Businessweek story on the impact of money tightening on emerging markets. And we Drive to the Close of the market with John Dorfman, Chairman of Dorfman Value Investments. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Jim Bacchus,Director of Center for Global Economic & Environmental Opportunity at UCF, discusses President Trump's plan to impose another $200 billion worth of tariffs on Chinese goods. Lyle Fitterer, Head of Municipal Fixed Income at Wells Fargo Asset Management, talks about the impact Hurricane Florence could have on the muni bond market. Craig Giammona, Bloomberg News Consumer Reporter, explains that Coca-Cola saying it’s eyeing the cannabis drinks market. Rich Miller, Bloomberg News Economics Reporter, discusses his Businessweek story on the impact of money tightening on emerging markets. And we Drive to the Close of the market with John Dorfman, Chairman of Dorfman Value Investments. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Carol is joined by Rick Clough, Bloomberg News Industrials Reporter, and Ivan Feinseth, Chief Investment Officer at Tigress Financial, to talk about GE earnings and trouble with their turnaround effort. Craig Giammona, Bloomberg News Consumer Reporter, breaks down merger activity in the packaged-food industry. Peter Coy, Bloomberg Businessweek Economics Editor, explains why President Trump may have done long-term damage to international trade. Hilary Gosher, Managing Director at Insight Venture Partners, discusses investing in high-growth software companies. And we Drive to the Close with Chief Investment Strategist at Northwestern Mutual Wealth Management.
Carol is joined by Rick Clough, Bloomberg News Industrials Reporter, and Ivan Feinseth, Chief Investment Officer at Tigress Financial, to talk about GE earnings and trouble with their turnaround effort. Craig Giammona, Bloomberg News Consumer Reporter, breaks down merger activity in the packaged-food industry. Peter Coy, Bloomberg Businessweek Economics Editor, explains why President Trump may have done long-term damage to international trade. Hilary Gosher, Managing Director at Insight Venture Partners, discusses investing in high-growth software companies. And we Drive to the Close with Chief Investment Strategist at Northwestern Mutual Wealth Management. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Craig Williams, Global Outreach Manager at Cisco Security, explains the need to protect connected holiday devices from cyber hacks. Eric Clark, Portfolio Manager at Rational Funds, discusses investing in “old” tech stocks. Bloomberg Stocks Editor Dave Wilson shares his “Chart of the Day.” Craig Giammona, Bloomberg News Consumer Reporter, tells us why the Amazon/Whole Foods deal is boosting delivery startups. Joerg Lamprecht, CEO at Dedrone, talks about using drones in defense and airspace security. And Carol and Cory hit today’s Movers and Shakers on Wall Street and Dave Wilson has his “Stock of the Day.”
Craig Williams, Global Outreach Manager at Cisco Security, explains the need to protect connected holiday devices from cyber hacks. Eric Clark, Portfolio Manager at Rational Funds, discusses investing in “old” tech stocks. Bloomberg Stocks Editor Dave Wilson shares his “Chart of the Day.” Craig Giammona, Bloomberg News Consumer Reporter, tells us why the Amazon/Whole Foods deal is boosting delivery startups. Joerg Lamprecht, CEO at Dedrone, talks about using drones in defense and airspace security. And Carol and Cory hit today's Movers and Shakers on Wall Street and Dave Wilson has his “Stock of the Day.” Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Big Food's having a tough time, and yogurt is no exception. Large, bureaucratic food companies have trouble keeping up with consumers looking for fresh ingredients and new products. Newcomers like Chobani are beating out old standbys such as General Mills' Yoplait and DannoneWave's Dannon. This week on Material World, Jenny and guest host Craig Giammona dig into the evolution of yogurt, the changing consumer and the lessons yogurt provides for the rest the grocery store. Correction: A previous version of this episode misstated Gary Hirshberg's last name.
The Amazon purchase of Whole Foods has dominated headlines since the merger was announced in June of 2017. What’s the impact of the merger on our food lives and on companies doing business in the retail e-commerce grocery space? On this episode we discuss the biggest food tech story of the year with: Ben Conniff, co-founded of Luke's Lobster restaurants and Whole Foods supplier. Brad Harrison, co-founder and chairman of the board of Greensbury, an online retailer of grass-feed beef and wild-caught seafood. Craig Giammona, consumer reporter at Bloomberg News.
Mary Nichols, the chair of the California Air Resources Board, is bracing for a battle with the Trump administration and automakers over keeping tough fuel economy rules in place. PwC International's Bob Moritz tells Pimm Fox and Lisa Abramowicz how his company is moving towards pay parity between women and men. There's a low probability of military conflict on the Korean peninsula, Scott Seaman, the director for Asia at the Eurasia Group, says. Finally, Craig Giammona, a consumer reporter at Bloomberg, discusses Amazon's push to expand into delivery from restaurants.
In our last episode, Jenny and guest host Craig Giammona explored how technology could shape the grocery industry's future. This week, Jenny and Lindsey look at what the biggest grocers are doing to stay on top -- and discover it has a lot to do with produce. As part of its plan to fight off competition, Wal-Mart, the world's biggest grocer, joined forces with an agriculture giant to design a new, sweeter cantaloupe. If the new melon is a success, it could set the stage for a makeover of the crucial produce aisle across the industry. "The Cantaloupe Song" was written by Russ Rogers.
For decades, the experience of buying groceries has remained much the same — and stayed largely immune to tech disruption. But that may be about to change. Amazon's bid for Whole Foods shows that it's determined to revolutionize the way Americans buy their groceries. Jenny and guest host Craig Giammona talk with grocery experts about how stores are already changing — and the challenge that Amazon faces in charting a new future for the industry.
Food and beverage companies have long used buzzwords like "natural" and "healthy" to get shoppers' attention, a battle that's intensified now that foodie culture has gone mainstream. Whether it's organic, gluten-free or non-GMO, consumers are demanding more information about what's inside the stuff they eat and drink. And that, in turn, is forcing companies to navigate an antiquated and confusing regulatory system. Jenny and guest host Craig Giammona examine how the demand for information about what's in our food is playing out in grocery stores.
At first blush, it's not obvious why Mars, the owner of M&Ms and Snickers, agreed to pay more than $9 billion including debt to acquire animal hospital-owner VCA. Bloomberg consumer reporter Craig Giammona didn't even realize closely held Mars already owned 900 animal health clinics, many of which reside in PetSmart retail stores. Still, the deal pushes Mars away from its core food business. Is it a signal we could be seeing a new wave of consumer conglomerates? Or is it unfair to say this deal is trend-setting? Giammona discusses with host Alex Sherman.
Hershey's has once again managed to fend off the takeover efforts of a rival. On Monday, Mondelez, the snack company, said it had abandoned its pursuit of Hershey's, becoming the fourth company to have tried - and failed - to buy the chocolate-maker. Here, Ed Hammond and Craig Giammona discuss what makes Hershey's such a tough takeover target and look at the broader trends in food M&A.
A company whose name sounds like a disease, according to investor Nelson Peltz, is trying to buy Hershey. Mondelez offered about $23 billion to acquire Hershey in an unsolicited bid that was unanimously rejected by the famed chocolate maker. Will Mondelez bump up its bid? Even if it does, will the Hershey Trust, which controls the voting shares, agree to sell the company? Bloomberg reporter Craig Giammona takes a deep dive into a potential Mondelez-Hershey tie up with Deal of the Week host Alex Sherman.
Bridgewater Associates' Ray Dalio slams monetary policy in Europe and Japan. Bloomberg's Craig Giammona discusses Herbalife's latest scandal. And Sterne Agee's Peter Arment explains why Honeywell is betting big on a high-tech future. All this and more on Bloomberg Surveillance with Tom Keene and Michael McKee. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Bloomberg's Craig Giammona says that Herbalife's reputation is being damaged by overstating growth in new members. He joins Tom Keene and Michael McKee on Bloomberg Surveillance. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
_ Eating Matters _ is taking a new angle this week as Kim Kessler and Jenna Liut are taking on pet food. What is best – dry or wet? Should pets be vegan? Can you trust your veterinarian’s opinion? Tune in for a fascinating discussion on the ethics and cultural opinions surrounding Fido’s dinner featuring guests Craig Giammona, Jackson Landers, and Celia Kutcher. “Anything kibble based I am not a fan of… Dry food causes problems in the long run.” [34:00] –Celia Kutcher on Eating Matters