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Power Broker Frances Katzen on Pending Home Sales Slide

Frances Katzen, founder of The Katzen Team and a top broker at Douglas Elliman in New York City, discussed the current dynamics of the housing market, highlighting a pronounced K-shaped trend. While overall housing activity has slowed, the high-end segment in Manhattan is experiencing significant growth, with contract signings up 39% year-over-year in October and properties priced between $3 million and $5 million up 27%. She speaks with Scarlet Fu & Isabelle Lee on "The Close."

Read more: Power Broker Frances Katzen on Pending Home Sales Slide
Bloomberg
Financial

Higgsfield CEO on Intel Backing, $5.4 Billion Valuation

Alex Mashrabov, Co-Founder & CEO of Higgsfield, joins the program to explain what Higgsfield is and the specific problems it addresses for its users. The discussion provides insight into the company's core business and how it aims to meet the needs of its customer base. He speaks to Scarlet Fu & Isabelle Lee on "The Close."

Read more: Higgsfield CEO on Intel Backing, $5.4 Billion Valuation
Bloomberg
Financial

Long-Term Debt Costs Soar to Highest in Decades as Bonds Slump

Bloomberg Intelligence chief US interest rate strategist Ira Jersey said that part of the reason for the rise in yields for long-term treasuries is that US bonds have to compete with bonds from other countries like Japan. Jersey, who was joined by Bloomberg's Davide Barbuscia, said that buyers are concerned about the health of developed bond markets and need a higher yield incentive to buy. Barbuscia also said that the competition from corporate bonds is 'unprecedented' and that there has been record levels of issuance so far in 2026.

Read more: Long-Term Debt Costs Soar to Highest in Decades as Bonds Slump
Bloomberg
Financial

China Trying to 'Run Out the Clock' on Trump Presidency, Says Shehzad Qazi

Shehzad Qazi, COO of China Beige Book, said that expectations should be low for the upcoming meeting between President Trump and Chinese President Xi in September. Qazi said that the continued meetings between the two leaders acts as a way to continue the trade truce between the US and China and for China to try and 'run out the clock' on Trump's presidential term.

Read more: China Trying to 'Run Out the Clock' on Trump Presidency, Says Shehzad Qazi
Bloomberg
Financial

FalconX CEO Talks Deals, Potential IPO, Layoffs

Raghu Yarlagadda, CEO FalconX, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." Digital assets brokerage firm FalconX has cut 10% of staff globally, as it prepares for a prolonged downturn in cryptocurrency markets, according to people familiar with the matter. FalconX has facilitated about $2.5 trillion in trading volume.

Read more: FalconX CEO Talks Deals, Potential IPO, Layoffs
Bloomberg
Financial

Texas Has 'No Real Protections' Against Data Center Impact, Says Gina Hinojosa

Democrat candidate for Governor in Texas Gina Hinojosa said that Texas voters are concerned with the impact of the data center 'gold rush' that has descended on the rural part of the state and that incumbent Governor Greg Abbott has left Texans with 'no real protections.' Hinojosa also discussed immigration policy in the state and said that Texans across both parties want 'something that makes sense' and doesn't target hardworking, law-abiding Texans.

Read more: Texas Has 'No Real Protections' Against Data Center Impact, Says Gina Hinojosa
Bloomberg
Financial

Silicon Valley Is Still the Center of AI, Says GV

The speed of AI development means investors trying to stay ahead of the curve, need to move faster than ever. For venture firm GV, this means focusing on the application layer, having already made strategic bets on AI infrastructure and chip startups. Dave Munichiello, managing partner at GV, discusses GV's early investment in Modular and its acquisition by Qualcomm, and why the firm is encouraging investors to spend more time in Silicon Valley. He joins Ed Ludlow on "Bloomberg Tech."

Read more: Silicon Valley Is Still the Center of AI, Says GV