Macy’s Unexpected Earnings Miss, WeWork Files for IPO, Facebook Getting Stronger Under Federal Scrutiny

Bloomberg News Retail Reporter Jordyn Holman and Ivan Feinseth, Chief Investment Officer at Tigress Financial Partners, discuss Macy’s worse-than-expected second quarter earnings and slashing its profit outlook for the year. Ellen Huet, Bloomberg News Startups Reporter, talks about WeWork filing to go public with hopes to sell billions of dollars in stock while simultaneously borrowing billions more. Lamar Villere, Portfolio Manager of Villere Balanced Fund, explains managing risk to buy stocks. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Sarah Frier talk about how an FTC regulation is helping Facebook keep a competitive edge regarding their data. And We Drive to the Close with Ryan Detrick, Senior Market Strategist at LPL Financial.

Hosts: Jason Kelly and Taylor Riggs.  Producer: Paul Brennan 

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