Michèle Lamont, Professor of Sociology at Harvard University, discusses her book Seeing Others: How Recognition Works and How It Can Heal a Divided World.
Hosts: Tim Stenovec and Simone Foxman. Producer: Paul Brennan. 

Michèle Lamont, Professor of Sociology at Harvard University, discusses her book Seeing Others: How Recognition Works and How It Can Heal a Divided World. Hosts: Tim Stenovec and Simone Foxman. 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

Illuminating an Inclusive Path Through Recognition

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ef7ac124-b6e8-41d7-95f1-b07e00cbbfca/transcript

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Underlying US inflation rose in November at the slowest annual pace since early 2021, an unexpected improvement in a report muddled by the government shutdown.
The core consumer price index, which excludes the often-volatile food and energy categories, increased 2.6% in November from a year ago, according to Bureau of Labor Statistics data out Thursday. The overall CPI climbed 2.7% in November from a year ago.
The longest-ever government shutdown prevented the BLS from collecting much of the October price data. That not only limited the agency’s ability to determine month-over-month changes for the broader measures of inflation, but some economists noted it likely impacted the annual November figures as well.
Despite numerous caveats, the report offers some hope that inflationary pressures are easing after remaining stuck in a narrow range since early this year. The BLS said the core CPI rose just 0.2% over the two months ended in November, restrained by declines in costs of hotel stays, recreation and apparel. Prices of household furnishings and personal care products rose.
However, several economists noted that the two-month change in key shelter categories, which are some of the biggest components of the CPI, was basically flat — calling the calculations into question.
Today's show features:
Jason Granet, Chief Investment Officer of BNY, on the market outlook and the Federal Reserve’s path forward
Frank Sorrentino, Founder and CEO of ConnectOne Bank, on the economic outlook and the health of community banking sector
Bloomberg News Energy Reporter Will Wade on a planned $6 billion merger between Trump Media & Technology nuclear fusion developer TAE Technologies
Michelle Korsmo, CEO of the National Restaurant Association, on the struggles of restaurant workers and smaller eateries amid rising inflation

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Underlying US inflation rose in November at the slowest annual pace since early 2021, an unexpected improvement in a report muddled by the government shutdown. The core consumer price index, which excludes the often-volatile food and energy categories, increased 2.6% in November from a year ago, according to Bureau of Labor Statistics data out Thursday. The overall CPI climbed 2.7% in November from a year ago. The longest-ever government shutdown prevented the BLS from collecting much of the October price data. That not only limited the agency&rsquo;s ability to determine month-over-month changes for the broader measures of inflation, but some economists noted it likely impacted the annual November figures as well. Despite numerous caveats, the report offers some hope that inflationary pressures are easing after remaining stuck in a narrow range since early this year. The BLS said the core CPI rose just 0.2% over the two months ended in November, restrained by declines in costs of hotel stays, recreation and apparel. Prices of household furnishings and personal care products rose. However, several economists noted that the two-month change in key shelter categories, which are some of the biggest components of the CPI, was basically flat &mdash; calling the calculations into question. Today's show features:
<ul>
<li>Jason Granet, Chief Investment Officer of BNY, on the market outlook and the Federal Reserve&rsquo;s path forward</li>
<li>Frank Sorrentino, Founder and CEO of ConnectOne Bank, on the economic outlook and the health of community banking sector</li>
<li>Bloomberg News Energy Reporter Will Wade on a planned $6 billion merger between Trump Media &amp; Technology nuclear fusion developer TAE Technologies</li>
<li>Michelle Korsmo, CEO of the National Restaurant Association, on the struggles of restaurant workers and smaller eateries amid rising inflation</li>
</ul>

US Core CPI Eases to Four-Year Low in Shutdown-Hit Report

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ec1a019f-d1c0-427e-90f3-b3b701747630/transcript

Family-owned-and-operated Feld Entertainment is a leading producer and presenter of live touring family entertainment experiences. The company's properties include Ringling Bros. and Barnum & Bailey, Monster Jam, Disney On Ice, Monster Energy AMA Supercross, and the SuperMotocross World Championship. Across the brand portfolio, Feld Entertainment has entertained millions of families in more than 80 countries and on six continents.

Juliette Feld Grossman is just the third CEO in Feld Entertainment's nearly six-decade history. She discusses consumer appetite for large-scale live entertainment as well as the company's big plans for 2026. Juliette speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Family-owned-and-operated Feld Entertainment is a leading producer and presenter of live touring family entertainment experiences. The company's properties include Ringling Bros. and Barnum &amp; Bailey, Monster Jam, Disney On Ice, Monster Energy AMA Supercross, and the SuperMotocross World Championship. Across the brand portfolio, Feld Entertainment has entertained millions of families in more than 80 countries and on six continents. Juliette Feld Grossman is just the third CEO in Feld Entertainment's nearly six-decade history. She discusses consumer appetite for large-scale live entertainment as well as the company's big plans for 2026. Juliette speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

For the Love of Live Entertainment

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5c2c4d62-e8ad-40db-a333-b3b60177912b/transcript

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Volatility lashed Wall Street, pushing high-valuation technology shares and crypto lower while bonds pared losses after a senior Federal Reserve official signaled room for rate cuts.
A tech rout hit stocks amid growing skepticism about the artificial-intelligence trade. Nvidia Corp. sank 3.8%. Losses accelerated as the S&P 500 breached a key technical level, with the index down 1.2%. The Nasdaq 100 slid 1.9%. In late hours, Micron Technology Inc. gave an upbeat forecast.
Even the slightest hint of trouble around data centers is enough to spook investors banking on the AI boom. The latest hiccup revolved around Oracle Corp.’s financing for a data center in Michigan. While it’s largely moving along, Blue Owl Capital, a longtime partner in its AI infrastructure build-out, is not contributing equity. The shares sank.
For years, investing in big techs has been a no brainer, given their stalwart balance sheets. Now, there’s concern over whether the sector — which has soared during the bull market — can keep justifying its lofty valuations and ambitious AI spending.

Today's show features:
Matthew Luzzetti, Chief US Economist for Deutsche Bank, on the labor market, inflation and the economic outlook
Alli McCartney, Managing Director of Wealth Management with Alignment Partners at UBS, on key market indicators as the new year approaches
Mike Bellin, US IPO Leader at PwC, on the IPO market outlook for 2026 and Bloomberg News Equities Reporter Natalia Kniazhevich on Medline’s first day of trading
Katie Hubbard, President of US Capital Markets at Walton Global on earnings from Lennar and the US real estate landscape

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Volatility lashed&nbsp;Wall Street, pushing high-valuation&nbsp;technology shares&nbsp;and&nbsp;crypto&nbsp;lower while&nbsp;bonds&nbsp;pared losses after a senior&nbsp;Federal Reserve&nbsp;official signaled room for rate cuts. A tech rout hit&nbsp;stocks&nbsp;amid growing skepticism about the artificial-intelligence trade.&nbsp;Nvidia Corp.&nbsp;sank 3.8%. Losses accelerated as the&nbsp;S&amp;P 500&nbsp;breached a&nbsp;key technical level, with the index down 1.2%. The&nbsp;Nasdaq 100&nbsp;slid 1.9%. In late hours,&nbsp;Micron Technology Inc.&nbsp;gave an upbeat forecast. Even the slightest hint of trouble around data centers is enough to spook investors banking on the AI boom. The latest hiccup revolved around Oracle Corp.&rsquo;s financing for a data center in Michigan. While it&rsquo;s largely moving along, Blue Owl Capital, a longtime partner in its AI infrastructure build-out, is not contributing equity. The shares sank. For years, investing in big techs has been a no brainer, given their stalwart balance sheets. Now, there&rsquo;s concern over whether the sector &mdash; which has soared during the bull market &mdash; can keep justifying its lofty valuations and ambitious AI spending. Today's show features:
<ul>
<li>Matthew Luzzetti, Chief US Economist for Deutsche Bank, on the labor market, inflation and the economic outlook</li>
<li>Alli McCartney, Managing Director of Wealth Management with Alignment Partners at UBS, on key market indicators as the new year approaches</li>
<li>Mike Bellin, US IPO Leader at PwC, on the IPO market outlook for 2026 and Bloomberg News Equities Reporter Natalia Kniazhevich on Medline&rsquo;s first day of trading</li>
<li>Katie Hubbard, President of US Capital Markets at Walton Global on earnings from Lennar and the US real estate landscape</li>
</ul>

Wall Street Hit by Tech Rout as AI Winners Tumble

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/80ac1f72-9870-4d31-a474-b3b6017643bb/transcript

Illuminating an Inclusive Path Through Recognition

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