John Augustine, CIO at Huntington Private Bank, on why the housing market could be the Achilles heel to the US economy. Bloomberg News Senior Finance Reporter Sri Natarajan on JPMorgan Planning to Bring Staff Back to Office Five Days a Week. Vince Tizzio, CEO of AXIS Capital on how insurers are managing today’s risk landscape. And we Drive to the Close with Sylvia Jablonski, CEO & CIO at Defiance ETFs

Hosts:Carol Massar and Tim Stenovec. Producer: Paul Brennan and Sebastian Escobar

John Augustine, CIO at Huntington Private Bank, on why the housing market could be the Achilles heel to the US economy. Bloomberg News Senior Finance Reporter Sri Natarajan on JPMorgan Planning to Bring Staff Back to Office Five Days a Week. Vince Tizzio, CEO of AXIS Capital on how insurers are managing today&rsquo;s risk landscape. And we Drive to the Close with Sylvia Jablonski, CEO &amp; CIO at Defiance ETFs Hosts:Carol Massar and Tim Stenovec. Producer: Paul Brennan and Sebastian Escobar

Listen for reporting from the magazine that helps global leaders stay ahead. 

Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

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

Markets Tumble, How Insurers Manage Risk

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/56888070-300c-4e24-a839-b25e01590dc7/transcript

A few weeks ago, traders on the two major prediction market platforms, Kalshi and Polymarket, were furiously debating whether Cardi B’s dancing onstage at the Super Bowl constituted a “performance.” Now the sites’ traders—and some outside observers—are up in arms over the markets that allowed users to bet on Iran’s future. Another day, another moral, legal and philosophical minefield for these businesses.

Chris Beam, Bloomberg Businessweek Contributor writes how the Iran-related controversies generated by Kalshi and Polymarket say a lot about how the two companies are positioning themselves in the sector, as well as in the debates over what role prediction markets should play in our society. Chris speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.
Sebastian Escobar

A few weeks ago, traders on the two major prediction market platforms, Kalshi and Polymarket, were furiously debating whether Cardi B&rsquo;s dancing onstage at the Super Bowl constituted a &ldquo;performance.&rdquo; Now the sites&rsquo; traders&mdash;and some outside observers&mdash;are up in arms over the markets that allowed users to bet on Iran&rsquo;s future. Another day, another moral, legal and philosophical minefield for these businesses.
Chris Beam, Bloomberg Businessweek Contributor writes how the Iran-related controversies generated by Kalshi and Polymarket say a lot about how the two companies are positioning themselves in the sector, as well as in the debates over what role prediction markets should play in our society. Chris speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. Sebastian Escobar

Kalshi, Polymarket Diverge on Handling of Iran War Predictions

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5f5ea117-ceaf-480e-9b3e-b4030178b6a6/transcript

The people, companies and trends shaping the global economy.

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

Traders were on Wednesday awaiting further details of President Donald Trump’s plan to guarantee the free flow of energy shipments through the Persian Gulf, as the shipping industry warned the proposal may struggle to restore confidence after attacks effectively shut the Strait of Hormuz.

The disruption threatens to sever seaborne energy trade between some of the world’s largest producers and key consuming nations, heightening risks for global markets. Brent crude was little changed after jumping more than 10% this week, while European gas prices slipped following the biggest rally in four years.

Trump said Tuesday the US would offer insurance backstops and naval escorts for commercial vessels transiting the region, seeking to reassure markets rattled by a spiraling conflict involving Iran. Multiple attacks on vessels in recent days have choked off traffic through the narrow waterway.
The world’s largest shipping industry association said it was seeking clarification on how the US-led convoy system would operate, warning that protecting every tanker in the region would be “unrealistic.” Officials at two major commodity trading houses said they doubted the measures would materially reduce the danger of attack, even with military escorts in place.

“Nothing is sure and we need immediate clarity,” said Khalid Hashim, managing director of Precious Shipping Pcl, a Thai firm that owns bulk carriers. “Lives are at risk, cargoes are at risk, ships are at risk. We need immediate cover that protects us from all this,” he said.

Today's show features:
Bloomberg News National Security Team Leader Nick Wadhams on whether Iran is seeking an onramp to the ongoing war
Steve Moore, Co-Founder of Unleash Prosperity and a former Trump Economic Advisor, on the US economic and monetary policy outlook
Bloomberg News Consumer Tech Reporter Samantha Kelly on Apple’s latest product launch event and new low-priced laptop
Bloomberg News Economic Editor Molly Smith with instant reaction to the latest Federal Reserve Beige Book release

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Traders were on Wednesday awaiting further details of President Donald Trump&rsquo;s plan to guarantee the free flow of energy shipments through the Persian Gulf, as the shipping industry warned the proposal may struggle to restore confidence after attacks effectively shut the Strait of Hormuz.
The disruption threatens to sever seaborne energy trade between some of the world&rsquo;s largest producers and key consuming nations, heightening risks for global markets. Brent crude was little changed after jumping more than 10% this week, while European gas prices slipped following the biggest rally in four years.
Trump said Tuesday the US would offer insurance backstops and naval escorts for commercial vessels transiting the region, seeking to reassure markets rattled by a spiraling conflict involving Iran. Multiple attacks on vessels in recent days have choked off traffic through the narrow waterway. The world&rsquo;s largest shipping industry association said it was seeking clarification on how the US-led convoy system would operate, warning that protecting every tanker in the region would be &ldquo;unrealistic.&rdquo; Officials at two major commodity trading houses said they doubted the measures would materially reduce the danger of attack, even with military escorts in place.
&ldquo;Nothing is sure and we need immediate clarity,&rdquo; said Khalid Hashim, managing director of Precious Shipping Pcl, a Thai firm that owns bulk carriers. &ldquo;Lives are at risk, cargoes are at risk, ships are at risk. We need immediate cover that protects us from all this,&rdquo; he said.
Today's show features:
<ul>
<li>Bloomberg News National Security Team Leader Nick Wadhams on whether Iran is seeking an onramp to the ongoing war</li>
<li>Steve Moore, Co-Founder of Unleash Prosperity and a former Trump Economic Advisor, on the US economic and monetary policy outlook</li>
<li>Bloomberg News Consumer Tech Reporter Samantha Kelly on Apple&rsquo;s latest product launch event and new low-priced laptop</li>
<li>Bloomberg News Economic Editor Molly Smith with instant reaction to the latest Federal Reserve Beige Book release</li>
</ul>

Shippers and Oil Traders Seek Details on Trump’s Convoy Plan

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e943f0a7-22e2-40b6-9f4a-b40301773365/transcript

MongoDB shares tumbled 22% Tuesday after the database software company gave weaker-than-expected forecasts for full-year revenue and first-quarter adjusted earnings. The figures are reviving concern about expansion amid an intensifying product race and signaling rising competitive intensity and slower expansion of customer wallets, according to research from Bloomberg Intelligence. MongoDB's 2027 revenue guidance implies a roughly 600-bp deceleration vs. 2026, while the operating-income view trails consensus. 
 
Chirantan “CJ” Desai is the President and Chief Executive Officer of MongoDB, a position he assumed in November. He discusses the company’s latest earnings report and the impact of artificial intelligence as he looks to allay investor fears following the stock price's biggest drop since last March. CJ speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

MongoDB shares tumbled 22% Tuesday after the database software company gave weaker-than-expected forecasts for full-year revenue and first-quarter adjusted earnings. The figures are reviving concern about expansion amid an intensifying product race and signaling rising competitive intensity and slower expansion of customer wallets, according to research from Bloomberg Intelligence. MongoDB's 2027 revenue guidance implies a roughly 600-bp deceleration vs. 2026, while the operating-income view trails consensus.&nbsp; &nbsp; Chirantan &ldquo;CJ&rdquo; Desai is the President and Chief Executive Officer of MongoDB, a position he assumed in November. He discusses the company&rsquo;s latest earnings report and the impact of artificial intelligence as he looks to allay investor fears following the stock price's biggest drop since last March. CJ speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

MongoDB CEO on Concerns About Weak Forecast

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8cf6ae23-3070-4443-bfbc-b402017a7e1a/transcript

Markets Tumble, How Insurers Manage Risk

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