Sage Geosystems is a Houston-based geothermal energy startup founded in 2020 that develops next-generation, pressure-based geothermal technology for power generation and long-duration energy storage. Their systems create artificial underground reservoirs in hot, dry rock to harness both heat and pressure for efficient electricity production.

Cindy Taff, the CEO of Sage Geosystems, is focused on advancing the deployment of her firm's energy-storage solutions worldwide. She discusses the complexities of using the same tools to unlock clean energy as are used to drill for oil, and explains why she sees the so-called "shale revolution" as a harbinger of a forthcoming "geothermal revolution." Cindy speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Sage Geosystems is a Houston-based geothermal energy startup founded in 2020 that develops next-generation, pressure-based geothermal technology for power generation and long-duration energy storage. Their systems create artificial underground reservoirs in hot, dry rock to harness both heat and pressure for efficient electricity production.
Cindy Taff, the CEO of Sage Geosystems, is focused on advancing the deployment of her firm's energy-storage solutions worldwide. She discusses the complexities of using the same tools to unlock clean energy as are used to drill for oil, and explains why she sees the so-called "shale revolution" as a harbinger of a forthcoming "geothermal revolution." Cindy speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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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.

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Sage Geosystems CEO on the Promise of Geothermal Energy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8790248f-5dc1-45e5-985e-b3ee017106b0/transcript

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

US payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026.
Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday. That followed revisions to the prior year, which showed a marked slowdown in hiring. Job gains averaged just 15,000 a month last year, down from the initially reported 49,000 pace.

The report suggests the labor market is finding its footing after a year marked by rising unemployment and minimal hiring. While economists expect hiring to remain generally sluggish in 2026, more clarity around the impact of President Donald Trump’s economic policies and lower borrowing costs could encourage some employers to boost headcount.

The January data reinforces Federal Reserve officials’ inclination to keep interest rates on hold for now. Many traders appeared to push out their timeline for the next rate cut to July from June.
In leaving rates unchanged last month, Chair Jerome Powell cited signs of steadying in the job market.

“Coming off of a hiring recession in 2025, this is welcome news,” said Heather Long, chief economist at Navy Federal Credit Union. “I think Fed Chair Powell was right — the labor market appears to be stabilizing.”

Today's show features:
Constance Hunter, Chief Economist at the EIU (Economist Intelligence Unit), on the late-arriving January nonfarm payrolls report
Aaron Jagdfeld, Chairman, President and CEO of Generac, on earnings, the state of manufacturing in America, and US trade policy impact
Bloomberg News White House Editor Jordan Fabian on President Donald Trump reportedly mulling an exit from the North American trade pact that he helped negotiate, the USMCA
Lauren Sanfilippo, Senior Investment Strategist, for Merrill and Bank of America Private Bank, on US consumer resilience and private sector growth

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. US payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026. Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday. That followed revisions to the prior year, which showed a marked slowdown in hiring. Job gains averaged just 15,000 a month last year, down from the initially reported 49,000 pace. The report suggests the labor market is finding its footing after a year marked by rising unemployment and minimal hiring. While economists expect hiring to remain generally sluggish in 2026, more clarity around the impact of President Donald Trump&rsquo;s economic policies and lower borrowing costs could encourage some employers to boost headcount. The January data reinforces Federal Reserve officials&rsquo; inclination to keep interest rates on hold for now. Many traders appeared to push out their timeline for the next rate cut to July from June. In leaving rates unchanged last month, Chair Jerome Powell cited signs of steadying in the job market. &ldquo;Coming off of a hiring recession in 2025, this is welcome news,&rdquo; said Heather Long, chief economist at Navy Federal Credit Union. &ldquo;I think Fed Chair Powell was right &mdash; the labor market appears to be stabilizing.&rdquo; Today's show features:
<ul>
<li>Constance Hunter, Chief Economist at the EIU (Economist Intelligence Unit), on the late-arriving January nonfarm payrolls report</li>
<li>Aaron Jagdfeld, Chairman, President and CEO of Generac, on earnings, the state of manufacturing in America, and US trade policy impact</li>
<li>Bloomberg News White House Editor Jordan Fabian on President Donald Trump reportedly mulling an exit from the North American trade pact that he helped negotiate, the USMCA</li>
<li>Lauren Sanfilippo, Senior Investment Strategist, for Merrill and Bank of America Private Bank, on US consumer resilience and private sector growth</li>
</ul>

US Adds 130,000 Jobs and Unemployment Falls After Tepid 2025

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f77dd32b-6df8-49a7-b996-b3ee0171020f/transcript

United States Antimony Corporation, a leading producer and processor of antimony, zeolite, and other critical minerals, on Tuesday announced a new joint venture together with Americas Gold and Silver Corporation to construct a new state-of-the-art hydromet processing facility. The project will commence on lands being contributed to the joint venture located immediately adjacent to Americas active silver, copper, and antimony mines. US Antimony is the only fully integrated antimony company in the world outside of China and Russia, while Americas Gold and Silver is known for producing silver, copper, and other metals from high-grade operations in the US and Mexico.


The announcement comes a week after the US and its allies said they’re considering price floors as a way to shore up a domestic supply of key metals outside of China. Gary Evans, Chairman and CEO of US Antimony, and Paul Andre Huet, Chairman & CEO of Americas Gold & Silver Corporation, detail the project and its impact on national security with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

United States Antimony Corporation, a leading producer and processor of antimony, zeolite, and other critical minerals, on Tuesday announced a new joint venture together with Americas Gold and Silver Corporation to construct a new state-of-the-art hydromet processing facility. The project will commence on lands being contributed to the joint venture located immediately adjacent to Americas active silver, copper, and antimony mines. US Antimony is the only fully integrated antimony company in the world outside of China and Russia, while Americas Gold and Silver is known for producing silver, copper, and other metals from high-grade operations in the US and Mexico.
 The announcement comes a week after the US and its allies said they&rsquo;re considering price floors as a way to shore up a domestic supply of key metals outside of China. Gary Evans, Chairman and CEO of US Antimony, and Paul Andre Huet, Chairman &amp; CEO of Americas Gold &amp; Silver Corporation, detail the project and its impact on national security with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

US Antimony, Americas Gold and Silver to Work on New Processing Site

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/17b20de7-2482-4b25-a10a-b3ed016ef433/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
 
An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice.

The innovation puts the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks and private credit firms last week and insurance brokerage shares on Monday. Investors responded precisely the way they did before — by unloading the stocks. Raymond James Financial Inc. dropped 8.8% for its worst day since March 2020, while Charles Schwab Corp. sank 7.4%% and LPL Financial Holdings Inc. lost 8.3%, their worst sessions since April.

The move appeared to catch Wall Street off guard, as Charles Schwab is the only stock with a sell rating, and it has just one among the 24 analysts tracking the company.

The new tool, unveiled by closely held tech startup Altruist Corp. on Tuesday, helps financial advisers personalize strategies for clients and create pay stubs, account statements and other documents, the company said in a statement. Altruist’s founder and Chief Executive Officer Jason Wenk started his career at Morgan Stanley and Chief Operating Officer Mazi Bahadori worked at Pimco Investment Management, so the firm’s leadership has experience with how Wall Street and the investment community operate. 
Today's show features:
Bloomberg Intelligence Financials Analyst Neil Sipes breaks down quarterly earnings from Robinhood Markets and the hit to wealth-management stocks on AI fears
Kathy Jones, Chief Fixed Income Strategist, Schwab Center for Financial Research, on the treasury trade and US monetary policy outlook
Cheryl McKissack Daniel, Chair of the Board at McKissack & McKissack, on her family-run construction business, which dates back more than 120 years, and her appointment as the next Chair of the New York Building Congress
Bloomberg Opinion Editor Mark Gongloff on key policy changes at the Environmental Protection Agency and new financing for a project aimed at installing small nuclear reactors underground

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. &nbsp; An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice.
The innovation puts the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks and private credit firms last week and insurance brokerage shares on Monday. Investors responded precisely the way they did before &mdash; by unloading the stocks. Raymond James Financial Inc. dropped 8.8% for its worst day since March 2020, while Charles Schwab Corp. sank 7.4%% and LPL Financial Holdings Inc. lost 8.3%, their worst sessions since April.
The move appeared to catch Wall Street off guard, as Charles Schwab is the only stock with a sell rating, and it has just one among the 24 analysts tracking the company.
The new tool, unveiled by closely held tech startup Altruist Corp. on Tuesday, helps financial advisers personalize strategies for clients and create pay stubs, account statements and other documents, the company said in a statement. Altruist&rsquo;s founder and Chief Executive Officer Jason Wenk started his career at Morgan Stanley and Chief Operating Officer Mazi Bahadori worked at Pimco Investment Management, so the firm&rsquo;s leadership has experience with how Wall Street and the investment community operate.&nbsp;
<ul>
<li>Today's show features:</li>
<li>Bloomberg Intelligence Financials Analyst Neil Sipes breaks down quarterly earnings from Robinhood Markets and the hit to wealth-management stocks on AI fears</li>
<li>Kathy Jones, Chief Fixed Income Strategist, Schwab Center for Financial Research, on the treasury trade and US monetary policy outlook</li>
<li>Cheryl McKissack Daniel, Chair of the Board at McKissack &amp; McKissack, on her family-run construction business, which dates back more than 120 years, and her appointment as the next Chair of the New York Building Congress</li>
<li>Bloomberg Opinion Editor Mark Gongloff on key policy changes at the Environmental Protection Agency and new financing for a project aimed at installing small nuclear reactors underground</li>
</ul>

Wealth Manager Stocks Sink as Traders Flee Next AI Casualty

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/641567bd-35fd-4ee2-b2df-b3ed017147ac/transcript

Sage Geosystems CEO on the Promise of Geothermal Energy

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