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Alamos Gold Looks to Lower Mining Costs With Manitoba Mine

John McCluskey, President and CEO of Alamos Gold, joins Bloomberg Businessweek Daily to discuss the company's most recent earnings results, expected gold output through 2026, and the company's plans to lower mining costs as it opens a new mine in Manitoba, Canada. Alamos is aiming to produce one million ounces of gold annually by 2030 as it works on expansion plans. McCluskey speaks with Carol Massar and Tim Stenovec.

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Bloomberg

Figma Gains on Strong Growth Outlook That Eases AI Fears

Figma gave an annual revenue outlook that topped estimates, easing Wall Street anxiety that the business is threatened by the emergence of rival artificial intelligence products. Sales will be about $1.37 billion in 2026, the San Francisco-based company said Wednesday in a statement. Analysts, on average, projected $1.29 billion, according to data compiled by Bloomberg. Figma is known for making software used to design applications and website interfaces. It has worked to expand its suite of software, including a generative AI tool called Figma Make, which creates app interfaces and code from prompts. Weekly users of the tool grew 70% in the fourth quarter, the company said in the statement. Figma CEO Dylan Field joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Read more: Figma Gains on Strong Growth Outlook That Eases AI Fears
Bloomberg

Wayfair Drops as Colder Weather Muddies 1Q Guidance

Wayfair shares slump as much as 16%, hitting a four-month low intraday, after the home goods retailer said it expects mid-single-digit topline growth year-over-year for the first quarter, which Jefferies considers to be conservative and attributable to colder weather to start the year. The company also said during the conference call that it sees 1Q gross margins "likely at the low end" of the 30% to 31% guidance range. Wayfair Chief Financial Officer Kate Gulliver joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.

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Bloomberg

Goldman Lawyer, Epstein Conferred on Secret Service Sex Scandal

Kathryn Ruemmler, who resigned last week as the top lawyer at Goldman Sachs Group Inc., corresponded with Jeffrey Epstein about a prostitution scandal that engulfed the US Secret Service during her tenure as White House counsel under former President Barack Obama. In a dozen or so exchanges that were sent months after Ruemmler left her White House position in 2014, she complained to Epstein about "this secret service crap" and forwarded to him a draft email that contained detailed, nonpublic information about the behind-the-scenes role the White House Counsel's office played in investigating the 2012 prostitution scandal. Bloomberg News Senior Investigative Reporter Jason Leopold joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Read more: Goldman Lawyer, Epstein Conferred on Secret Service Sex Scandal
Bloomberg

Yared Optimistic About US Growth, Weighs In on Tariff Study

Pierre Yared, acting chair of the White House Council of Economic Advisers, expresses cautious optimism about sustaining economic growth into 2026 and addresses recent studies claiming that over 90% of tariff costs are passed on to consumers, explaining that these pass-through regressions only measure changes in relative prices and do not identify who ultimately bears the tariff burden. He speaks on "Bloomberg The Close."

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