Fed Sees Modest Wage Growth, Dell Gets Boost | Bloomberg Businessweek Daily 9/2/2026

The August Beige Book drops and shows both wages and prices are up moderately across the country. Bloomberg TV & Radio Economics & Policy Correspondent Mike McKee reacts. Then, Bloomberg News Washington Correspondent Tyler Kendall sits down the with the CEO of Chevron to discuss the Venezuela oil partnership. Plus, Bloomberg Intelligence Senior Analyst Woo Jin Ho talks market reaction to Dell's boosted sales outlook. With autonomous driving becoming more popularized in our vehicles, car insurance companies are finding new ways to price insurance. Lemonade CEO Daniel Schreiber explains how his insurance company is evolving alongside the auto industry. Finally, 'Our Town' Podcast Co-Hosts Meribah Knight and Susan Berfield talk about the small Tennessee town at the heart of a fight over Christian Nationalism. Chapters 00:00:00 Bloomberg Businessweek Daily 00:01:38 Market Update: Stocks Rebound as Oil Rises 00:02:50 Fed Beige Book: Economy Expands Modestly 00:05:16 Chevron's $7 Billion Venezuela Investment 00:06:41 U.S. Pushes to Ramp Up Venezuelan Oil 00:08:08 Chevron CEO on Investing in Venezuela 00:10:02 Questions Over Venezuela's Strategic Oil Fields 00:11:02 Dell Surges on AI Server Demand 00:13:33 Does Dell Strengthen the AI Spending Boom? 00:15:18 Dell, HPE & the AI Server Ecosystem 00:16:35 PC Prices Rise as Memory Costs Surge 00:20:46 Lemonade CEO on Autonomous Car Insurance 00:22:03 Pricing Insurance Based on How You Drive 00:23:56 Are Self-Driving Cars Really Safer? 00:25:01 Expanding Autonomous Insurance Beyond Tesla 00:26:50 Lemonade's Pet Insurance Growth 00:28:48 Telematics & the Future of Auto Insurance 00:34:16 Bloomberg's "Our Town" Podcast 00:35:21 A Small Tennessee Town Battles Newcomers 00:38:14 Following the Money Behind the "Aligned Community" 00:40:01 How Locals Are Fighting Back 00:44:02 Stock Movers: Uber Cuts 3,300 Jobs 00:45:52 PG&E Falls on California Wildfire Concerns 00:47:06 Sphere Entertainment Gets an Upgrade -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts