Federal Reserve Governor Christopher Waller recently addressed concerns about stablecoins during the Bank of Canada 2025 Annual Economic Conference, stating that he doesn't view them as a significant threat to monetary policy. This perspective is important as it reflects the Fed's stance on emerging financial technologies and their potential impact on traditional banking systems.

Lyft's CFO, Erin Brewer, recently highlighted the company's commitment to investing, buoyed by a positive free cash flow. This focus on growth is significant as it indicates Lyft's confidence in its financial health and future prospects, especially in a competitive ride-hailing market. Brewer's insights during her conversation with Caroline Hyde and Ed Ludlow on Bloomberg Tech underscore the company's strategic direction and potential for expansion.

CalPERS, the largest public pension fund in the U.S., has voted against Elon Musk's proposed $1 trillion pay package for Tesla. Drew Hambly, the investment director at CalPERS, explained the reasoning behind this decision during an appearance on Bloomberg Tech. This vote is significant as it reflects the concerns of major investors regarding executive compensation and its alignment with company performance, potentially influencing future corporate governance practices.

In today's episode of Bloomberg Businessweek Daily, the focus is on Tesla shareholders voting on a staggering pay package for CEO Elon Musk, which could reach $1 trillion. This decision is significant as it reflects the confidence investors have in Musk's leadership and the company's future. Additionally, the show features insights on the US economy's precarious state due to slowing consumer spending, along with health discussions from former Assistant US Surgeon General Dr. Susan J Blumenthal. These topics highlight the intersection of corporate governance and economic trends.

Chime CEO Chris Britt recently shared insights on the company's strong consumer activity and discretionary spending during an interview on Bloomberg Tech. This positive trend is significant as it indicates a robust economic environment and consumer confidence, which can lead to further growth for Chime and the fintech sector as a whole.

The US economy is showing signs of strain as high-income households continue to drive growth, while lower-income families are cutting back on spending due to tight budgets and high living costs. This disparity raises concerns about a potential economic slowdown, as the wealthiest 10% account for nearly half of total spending. Understanding this divide is crucial, as it highlights the vulnerabilities within the economy that could lead to broader challenges ahead.

Eli Lilly and Novo Nordisk have reached a significant agreement with the Trump administration to reduce the prices of their obesity drugs. This deal not only provides tariff relief but also ensures that Medicare patients will have better access to these essential medications at a lower cost. President Trump highlighted the importance of this initiative during a recent address, emphasizing its potential to improve healthcare affordability for many Americans. This move is crucial as it addresses the rising concerns over obesity and the financial burden of related treatments.

In a significant move for public investment, US voters have approved over $12 billion in borrowing for municipalities during this week's elections. This decision reflects a strong commitment to enhancing infrastructure across the country, which is crucial for economic growth and community development. Bloomberg's Muni reporter Aashna Shah shared insights on this important story with Scarlet Fu on 'Bloomberg Markets', highlighting the positive implications for local governments and their ability to fund essential projects.