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Housing Starts Rise to Five-Month High in Broad Increase

New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall's federal shutdown. That beat all estimates in a Bloomberg survey. The advance was broad-based, with both single-family home starts and apartment projects rising at year's end. The number of one-family homes started was the highest since February. Kamini Lane, President and CEO of Coldwell Banker Realty, joins Bloomberg Businessweek Daily to discuss. Lane also weighs in on this week's mortgage rate data, the current real estate market in cities like Los Angeles, and more. She speaks with Carol Massar and Tim Stenovec.

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Bloomberg

Where to Expect Software Consolidation: Investment Committee

Barclays estimates software now makes up about 20% of all loans held by BDCs, making it their largest sector exposure. This week's investment committee on "Bloomberg Deals" discusses the possible pain points in software. Guests include: Nenad Milicevic-Helac, Americas co-leader of TMT Alixpartners, Songyee Yoon, founder and managing partner of Principal Venture Partners, and Anura Rana, Bloomberg Intelligence.

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Bloomberg

Starboard Urges Riot to Speed Up Shift to Data Centers

Activist investor Starboard Value is asking Riot Platforms to speed up its transition from Bitcoin miner to a data center company that could house hyperscaler tenants. Starboard, which helped appoint directors to Riot's board last year, made its views known in a public letter signed by Peter Feld, Starboard's managing member that confirmed an earlier Bloomberg News report. Bloomberg's Lauren Tara LaCapra discusses on "Bloomberg Deals".

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