Moody's Analytics chief economist Mark Zandi said that the impact of AI is starting to 'kick in' across the economy, particularly in hiring rates and in the tech sector. Zandi also talked about efforts to create more affordable housing, saying that it while congress is taking positive steps, it will take awhile for the US to find its way out.
According to minutes of the Federal Open Market Committee's Jan. 27-28 meeting, Federal Reserve officials signaled renewed worries over inflation with "several" policymakers suggesting the central bank may need to raise interest rates if inflation stays above their goal. Mike McKee reports.
Energy startup Heron Power has raised a $140 million Series B to build a 40-gigawatt US manufacturing facility for its advanced electrical equipment. Heron's CEO Drew Baglino discusses the demand coming from renewable power and AI data center projects. He joins Ed Ludlow on "Bloomberg Tech."
Apple is accelerating work on three new wearables, part of a shift towards AI-powered hardware, according to people with knowledge of the plans. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech."
Morgan Stanley Global Director of Research Katy Huberty discusses the selloff of software and services stocks, some of which hit companies with strong underlying fundamentals. Huberty joins Ed Ludlow on "Bloomberg Tech."
Berkshire Hathaway Inc. slashed its holding in Amazon.com Inc. by more than 75% in the fourth quarter, while also building a stake in the New York Times Co. Warren Buffett's last new bet as chief executive officer. The conglomerate acquired 5.1 million shares of the media publishing company in the three months through December, a stake worth $351.7 million at year-end, according to a regulatory filing Tuesday. Bloomberg's Matthew Palazola joins to discuss.
Super Bowl 60 was played in Levi Stadium in Santa Clara, California. The city had only hosted two other Super Bowls prior and had to make a ton of upgrades to the stadium to bring the game back. Randall Williams takes a look at just how the Bay Area wooed the NFL in the latest Sports City.
TPG CEO Jon Winkelried speaks with Dani Burger on "Bloomberg Deals". TPG manages more than $300 billion across a range of strategies, including private equity and credit, and software is one of the firm's target sectors
Dallas Mavericks coach Jason Kidd speaks with Bloomberg's Julie Fine about youth basketball, the role of private equity in youth sports and his team's NBA season so far.
Shipping stock Genco is moving higher after reporting its latest quarterly results. The company says momentum has carried into the first quarter, with what it calls an "unseasonably strong" start to the year for dry-bulk markets. John Wobensmith, Chairman and CEO of Genco, joined Bloomberg Open Interest to talk about what's driving the strength and why he's optimistic about 2026.
Brad Finkel founded Hoboken Farms in 1992. His family has had deep roots in Hoboken dating back to around 1895. As a youngster, whenever Brad visited friends, he was always asked to bring fresh bread, mozzarella, and pastas from Hoboken's local shops. Soon, neighbors and ex-Hobokenites who missed these local delicacies began requesting deliveries as well. Brad saw an opportunity and started a small business to meet this demand. The entrepreneur details his growing line of farm market products and how a critical new investment is helping Hoboken Farms continue its evolution into a beloved supermarket brand. Brad speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.
It's been a turbulent year so far for the IPO market. In just one week, both Clear Street and Liftoff postponed plans to go public, citing market conditions. But Solv Energy, owned by the private equity firm American Securities, went ahead and completed its IPO, raising $513 million dollars. Michael Fisch, the Founder and CEO of American Securities joined Bloomberg Open Interest to talk about the debut and the broader dealmaking environment.
