Mitsubishi to recall over 91,000 US vehicles over rear hatch issues, NHTSA says

FHFA Director Bill Pulte discusses potential investigations into Federal Reserve Governor Lisa Cook and shares insights on the future of Fannie Mae and Freddie Mac.

Editor’s Note: This discussion is significant as it touches on the regulatory landscape affecting major housing finance entities and the implications of potential investigations on economic policy.

Recent data shows a rise in US jobless claims, indicating potential softness in the labor market. This trend raises concerns about the overall health of the economy and employment opportunities.

Editor’s Note: The increase in jobless claims is significant as it suggests that more people are struggling to find work, which could lead to broader economic challenges. Understanding these trends helps gauge the stability of the job market and informs policy decisions.

US labor and advocacy groups are calling on states to reject a $29 billion pay package for Tesla CEO Elon Musk. They argue that the compensation is excessive and not aligned with the company's performance.

Editor’s Note: This issue is significant as it highlights the ongoing debate over executive compensation and its implications for workers and shareholders. The pushback from labor groups reflects broader concerns about income inequality and corporate governance.

Tom Keene from Bloomberg Businessweek discusses Jerome Powell's upcoming speech and the influence of the Trump administration on the Federal Reserve's meetings in Jackson Hole, Wyoming.

Editor’s Note: This is significant as it highlights the ongoing dynamics between political pressures and monetary policy, which can impact economic decisions and market reactions.

Denny Fish from Janus Henderson discusses AI valuations, noting that while some, like Palantir's, are speculative, others, such as Nvidia's, are more appealing for investors. He also talks about a new AI ETF on Bloomberg Tech.

Editor’s Note: Understanding AI valuations is crucial for investors, especially as the market evolves. Denny Fish's insights highlight the differences in valuation approaches, helping investors make informed decisions in a rapidly changing landscape.