Amanda Agati, Chief Investment Officer at PNC Asset Management Group, provides the details of PNC’s Christmas Price Index calculating the true cost of all 'The 12 Days of Christmas' gifts. Mark Patricof, Founder and CEO of Patricof Co., discusses Jason Kelce joining a group of athletes investing in IMG Academy. Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg News Finance Reporter Katherine Doherty break down the news of Wall Street’s top brass meeting with law makers on Capitol Hill. And we Drive to the Close with Nadia Lovell, Senior US Equity Strategist at UBS Global Wealth Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

Amanda Agati, Chief Investment Officer at PNC Asset Management Group, provides the details of PNC’s Christmas Price Index calculating the true cost of all 'The 12 Days of Christmas' gifts. Mark Patricof, Founder and CEO of Patricof Co., discusses Jason Kelce joining a group of athletes investing in IMG Academy. Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg News Finance Reporter Katherine Doherty break down the news of Wall Street’s top brass meeting with law makers on Capitol Hill. And we Drive to the Close with Nadia Lovell, Senior US Equity Strategist at UBS Global Wealth Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.&nbsp; Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Cost of 'The 12 Days of Christmas' Goes Up

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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.


New York City Mayor Zohran Mamdani rescinded all executive orders issued by his predecessor over the last 15 months as part of a flurry of actions as the city’s new leader took office Jan. 1.


The directive revoked all executive orders former mayor Eric Adams had issued since Sept. 26, 2024, the day he was indicted on federal corruption charges. Those charges were later dropped by the Justice Department under President Donald Trump. Mamdani’s action is designed to ensure “a fresh start for the incoming administration,” the mayor’s office said in a statement. 


Among the orders revoked were two controversial items, including one that barred certain city officials from engaging in procurement practices “that discriminate against the State of Israel, Israeli citizens, or those associated with Israel.” It also outlined similar guidance for city pension officials to prohibit divesting from Israel-related holdings.


An earlier action, adopted in June, codified a broad definition of antisemitism, which some opponents said conflated criticism of Israel’s government with prejudice against Jews. Adams maintained both orders were intended to support the city’s Jewish community, though others argued the more recent action was intended to undermine Mamdani’s term. Mamdani has been a vocal critic of Israel’s government and has supported the “Boycott, Divestment, Sanctions” movement.

Today's show features:
Bloomberg News New York City and State Reporter Laura Nahmias on New York City Mayor Zohran Mamdani's series of executive orders to begin his term
Maribel Lopez, Founder & Enterprise AI Analyst at Lopez Research, and Carolina Milanesi, President and Principal Analyst at Creative Strategies, on what to expect at CES 2026
David Schassler, Head of Multi-Asset Solutions at VanEck Funds, on the market outlook and the importance of gold to individual portfolios
Ray Wang, CEO of Constellation Research and Co-Founder of AI Forum, and Bloomberg Tech Co-Host Ed Ludlow on Tesla ceding the title of world’s top seller of electric cars to China’s BYD

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
 New York City Mayor&nbsp;Zohran Mamdani&nbsp;rescinded all executive orders issued by his predecessor over the last 15 months as part of a flurry of actions as the city&rsquo;s new leader took office Jan. 1.
 The directive&nbsp;revoked all executive orders&nbsp;former mayor&nbsp;Eric Adams&nbsp;had issued since Sept. 26, 2024, the day he was indicted on federal corruption charges. Those charges were later dropped by the Justice Department under President&nbsp;Donald Trump. Mamdani&rsquo;s action is designed to ensure &ldquo;a fresh start for the incoming administration,&rdquo; the mayor&rsquo;s office said in a statement.&nbsp;
 Among the orders revoked were two controversial items, including one that barred certain city officials from engaging in procurement practices &ldquo;that discriminate against the State of Israel, Israeli citizens, or those associated with Israel.&rdquo; It also outlined similar guidance for city pension officials to prohibit divesting from Israel-related holdings.
 An earlier action, adopted in June, codified a broad definition of antisemitism, which some opponents said conflated criticism of Israel&rsquo;s government with prejudice against Jews. Adams maintained both orders were intended to support the city&rsquo;s Jewish community, though others argued the more recent action was intended to undermine Mamdani&rsquo;s term. Mamdani has been a vocal critic of Israel&rsquo;s government and has supported the &ldquo;Boycott, Divestment, Sanctions&rdquo; movement. Today's show features:
<ul>
<li>Bloomberg News New York City and State Reporter Laura Nahmias on New York City Mayor Zohran Mamdani's series of executive orders to begin his term</li>
<li>Maribel Lopez, Founder &amp; Enterprise AI Analyst at Lopez Research, and Carolina Milanesi, President and Principal Analyst at Creative Strategies, on what to expect at CES 2026</li>
<li>David Schassler, Head of Multi-Asset Solutions at VanEck Funds, on the market outlook and the importance of gold to individual portfolios</li>
<li>Ray Wang, CEO of Constellation Research and Co-Founder of AI Forum, and Bloomberg Tech Co-Host Ed Ludlow on Tesla ceding the title of world&rsquo;s top seller of electric cars to China&rsquo;s BYD</li>
</ul>

Mamdani Begins Term by Wiping Out 15 Months of Adams’ Orders

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6dc9e692-51e4-41eb-813c-b3c70003b69a/transcript

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."

Hosted by Carol Massar and Tim Stenovec

Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.

Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec
Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

Bloomberg Businessweek Weekend - January 2nd, 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f62d891c-1d89-45c3-9498-b3c6010288bb/transcript

AST SpaceMobile Inc. this month launched its largest-ever satellite from India, the first in a series of deployments to help the company compete against Elon Musk’s SpaceX in delivering space-based connectivity to mobile phones. The BlueBird 6 satellite took flight from the Satish Dhawan Space Center in southern India aboard the Indian Space Research Organization, or ISRO’s LVM3 rocket. It reached the low-Earth orbit in about 16 minutes, the live cast on YouTube showed. The successful launch is a big boost for the Texas-based company as well as India’s space program which wants to build its orbital space station among other ambitious projects.

Investors are taking notice of the growing number of publicly-traded firms within the fast-growing market for services related to space exploration, satellite technology and enhanced telecommunications. Greg Pendy serves as an equity research analyst at Clear Street, focusing on the disruptive technology sector. He discusses the key trends and firms to watch in 2026 with Carol Massar, Tim Stenovec and Bloomberg Tech Co-Host Ed Ludlow on Bloomberg Businessweek Daily

AST SpaceMobile Inc. this month launched its largest-ever satellite from India, the first in a series of deployments to help the company compete against Elon Musk&rsquo;s SpaceX in delivering space-based connectivity to mobile phones. The BlueBird 6 satellite took flight from the Satish Dhawan Space Center in southern India aboard the Indian Space Research Organization, or ISRO&rsquo;s LVM3 rocket. It reached the low-Earth orbit in about 16 minutes, the live cast on YouTube showed. The successful launch is a big boost for the Texas-based company as well as India&rsquo;s space program which wants to build its orbital space station among other ambitious projects. Investors are taking notice of the growing number of publicly-traded firms within the fast-growing market for services related to space exploration, satellite technology and enhanced telecommunications. Greg Pendy serves as an equity research analyst at Clear Street, focusing on the disruptive technology sector. He discusses the key trends and firms to watch in 2026 with Carol Massar, Tim Stenovec and Bloomberg Tech Co-Host Ed Ludlow on Bloomberg Businessweek Daily

Elon Musk Eyes Record IPO for SpaceX as Lesser-Heralded Players Emerge

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/50bd1442-5553-41b2-9053-b3c4015b8e48/transcript

Cost of 'The 12 Days of Christmas' Goes Up

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