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Bloomberg

Women Find Foothold in Family Office Investing Landscape

Dawn Nordberg, head of integrated client solutions and global family office at Citi Wealth, said projections show that 55% of global wealth will be commanded by women by 2030 as the 'great wealth transfer' continues to trend toward women. Nordberg said that she is seeing a shift from women being the beneficiaries of a family to being the principal in a family office.

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Bloomberg

Builder Shares Rise Despite Trump's Threat to Kill Housing Bill

Katie Hubbard, president of US capital markets for Walton Global, said that the higher end of the housing market is still doing well as high income clients are still paying to buy and build homes. Hubbard said that despite efforts to make home buying more affordable for the wide public, it is hard for federal efforts to increase housing supply to make an impact.

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Bloomberg

Morgan Health CEO: Tech, GLP-1s, Labor Driving up Costs

Dan Mendelson, CEO of Morgan Health, highlighted the disproportionate impact of rising health insurance costs on small businesses in the U.S., citing premium increases of 20-25% as a significant challenge. He explained that cost drivers include expensive new medical technologies like GLP-1 drugs and labor costs, which constitute about 70% of hospital expenses. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

Micron Forecast Shatters Estimates

Micron the largest US maker of computer memory chips, delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of the components sent prices soaring.  Bloomberg Intelligence Semiconductor Analyst Jake Silverman and Host of Bloomberg Tech Ed Ludlow react saying the earnings show Micron's pricing power.

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