Charles Schwab CEO Rick Wurster Talks Future of AI

White House National Economic Council Director Kevin Hassett expects the Federal Reserve to raise interest rates if inflation figures for this month are elevated. Speaking on "Bloomberg The Open" shortly after the latest PCE inflation report, Hassett says the Fed will "probably appropriately act" if inflation data come out high. He spoke to Bloomberg's Dani Burger and Isabelle Lee. See omnystudio.com/listener for privacy information.

Jeetu Patel, Cisco Systems President & Chief Product Officer, talks agentic AI going mainstream, how he sees personal agents as being the next big moment in AI industry growth, and where the industry is headed as a result. He spoke to Bloomberg's Tom Keene and Paul Sweeney. See omnystudio.com/listener for privacy information.

Jersey Mike's beat estimates with their 3rd Quarter earnings. CEO Charlie Morrison discussed the company's earnings report, their expansion plans, and same-store sales growth. Morrison spoke with Bloomberg's Romaine Bostick. See omnystudio.com/listener for privacy information.

Terry Duffy, Chairman & CEO of CME Group, discusses how commodity exchanges are urging US regulators to withhold approval of Kalshi’s proposed perpetual oil futures contract and potentially closing a loophole that gives retail traders access to offshore platforms. Duffy spoke with Bloomberg's Scarlet Fu and Isabelle Lee. See omnystudio.com/listener for privacy information.

Energy Secretary Chris Wright said that he expects diesel prices to be 'dropped significantly' but will need increased exports out of the Arabian Gulf to manage it amid the ongoing war with Iran. Wright also spoke about Russia's diesel output, saying that the only way Russia can benefit from recently permitted exports of diesel is to deliver a ceasefire on energy or end the war. Wright spoke with Bloomberg's Joe Mathieu. See omnystudio.com/listener for privacy information.