Columbia University Senior Research Scholar and Professor Edward Fishman on US credibility and how that is affecting its stance in the midst of a global trade war. Plus, Bloomberg News Higher-Education Finance Reporter Janet Lorin on Harvard's fight with the Trump administration and Jillian Berman on her book, "Sunk Cost, Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix It"

Columbia University Senior Research Scholar and Professor Edward Fishman on US credibility and how that is affecting its stance in the midst of a global trade war. Plus, Bloomberg News Higher-Education Finance Reporter Janet Lorin on Harvard's fight with the Trump administration and Jillian Berman on her book, "Sunk Cost, Who&rsquo;s to Blame for the Nation&rsquo;s Broken Student Loan System and How to Fix It"

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. 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 cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<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

US Stance in Age of Economic Warfare; Broken Student Loan System

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0128c8d6-8e83-4409-a659-b2c100cb6628/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

A dangerous heat wave that is trapped over New York City is also trapping people in the city.

The heat dome that’s settled over the East Coast has New York City set for its hottest day since 2012, according to the National Weather Service. Temperatures in Central Park are expected to spike to 100F (38C) Thursday afternoon, but swampy, oppressive humidity will make it feel more like 110F. In parts of the city with less shade and more pavement, temperatures are likely to push even higher.

Power prices on the largest US grid surged as the eastern part of the country was struck by what is forecast to be the hottest day of the year so far.
Today's episode features:
Lauren Rosenthal, Bloomberg News Weather Reporter
Robin Wenzel, Head of Wells Fargo Agri-Food Institute on Wells Agri-Food BBQ report: 'Stay Close, Grill Big: Why Backyard BBQs Are Taking Over Summer 2026'
David 'Dave' Hoffman, CEO, Sky Zone
Craig Trudell, Bloomberg News Managing Editor of Global Business Americas on Tesla, Rivian, & Ford deliveries
Randall Williams, Bloomberg News Senior Reporter and Vanessa Perdomo-Maglione, Bloomberg News Sports Business Reporter, Co-Hosts of the ‘Business of Sports’ Podcast on World Cup latest

Hosted by Tim Stenovec and guest host Norah Mulinda.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
A dangerous heat wave that is trapped over New York City is also trapping people in the city.
The heat dome that&rsquo;s settled over the East Coast has New York City set for its hottest day since 2012, according to the National Weather Service. Temperatures in Central Park are expected to spike to 100F (38C) Thursday afternoon, but swampy, oppressive humidity will make it feel more like 110F. In parts of the city with less shade and more pavement, temperatures are likely to push even higher.
Power prices on the largest US grid surged as the eastern part of the country was struck by what is forecast to be the hottest day of the year so far. Today's episode features:
<ul>
<li>Lauren Rosenthal, Bloomberg News Weather Reporter</li>
<li>Robin Wenzel, Head of Wells Fargo Agri-Food Institute on Wells Agri-Food BBQ report: 'Stay Close, Grill Big: Why Backyard BBQs Are Taking Over Summer 2026'</li>
<li>David 'Dave' Hoffman, CEO, Sky Zone</li>
<li>Craig Trudell, Bloomberg News Managing Editor of Global Business Americas on Tesla, Rivian, &amp; Ford deliveries</li>
<li>Randall Williams, Bloomberg News Senior Reporter and Vanessa Perdomo-Maglione, Bloomberg News Sports Business Reporter, Co-Hosts of the &lsquo;Business of Sports&rsquo; Podcast&nbsp;on World Cup latest</li>
</ul>
Hosted by Tim Stenovec and guest host Norah Mulinda.

Heat Wave Threatens Holiday Weekend Festivities; NYC Faces Hottest Day Since 2012

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/94cab016-e4e7-4a36-9d1c-b47b01622ae2/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

 
Chris Beam, Bloomberg Businessweek senior writer discusses his latest piece on how some of the biggest users and supporters of prediction markets are having mixed feelings about its mainstream growth and whether the wide adaptation could dilute its potential to establish collective knowledge. He speaks with Carol Massar and Tim Stenovec.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
&nbsp; Chris Beam, Bloomberg Businessweek senior writer discusses his latest piece on how some of the biggest users and supporters of prediction markets are having mixed feelings about its mainstream growth and whether the wide adaptation could dilute its potential to establish collective knowledge. He speaks with Carol Massar and Tim Stenovec.

Prediction Market Theorists Question Kalshi, Polymarket Boom

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/adab560f-026d-4eb0-87e9-b47a0167d8d5/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 

Bending Spoons shares surged 40% above their initial public offering price after the company and some of its backers raised $1.68 billion. The trading gives Bending Spoons a market value of $25.7 billion. That compares with a valuation of about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data.  

Bending Spoons was formed in 2013 and derived its name from a scene in the 1990s science-fiction film The Matrix. The company brings a private equity-style playbook to distressed software apps, buying largely subscription-based services, trimming their staff and handing operations to coders

On today's show, Carol and Tim speak with:

Luca Ferrari, Bending Spoons CEO AND Bailey Lipschultz, Bloomberg News IPO Reporter

Todd Gillespie, Bloomberg News Banking Reporter on today’s Big Take: Citi CEO Jane Fraser Brings Troubled Bank Into Trump’s Favor

Lipi Sternheim, CEO, REalloys on a US Army processing facilities partnership

Justin Bibb, Cleveland, OH Mayor (D) on CityLab story: Cleveland Plots an Industrial Comeback on East Side 'Midline'

Jo Ann Corkran, Co-CEO & Managing Partner, Golden Seeds on $200 Million milestone

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.&nbsp;
Bending Spoons shares surged 40% above their initial public offering price after the company and some of its backers raised $1.68 billion. The trading gives Bending Spoons a market value of $25.7 billion. That compares with a valuation of about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data. &nbsp;
Bending Spoons was formed in 2013 and derived its name from a scene in the 1990s science-fiction film The Matrix. The company brings a private equity-style playbook to distressed software apps, buying largely subscription-based services, trimming their staff and handing operations to coders
On today's show, Carol and Tim speak with:
Luca Ferrari, Bending Spoons CEO AND Bailey Lipschultz, Bloomberg News IPO Reporter
Todd Gillespie, Bloomberg News Banking Reporter on today&rsquo;s Big Take: Citi CEO Jane Fraser Brings Troubled Bank Into Trump&rsquo;s Favor
Lipi Sternheim, CEO, REalloys on a US Army processing facilities partnership
Justin Bibb, Cleveland, OH Mayor (D) on CityLab story: Cleveland Plots an Industrial Comeback on East Side 'Midline'
Jo Ann Corkran, Co-CEO &amp; Managing Partner, Golden Seeds on $200 Million milestone

AOL Owner Bending Spoons Jumps 40% After $1.68 Billion IPO

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/36b9d474-9703-4b2a-ba05-b47a0164327f/transcript

US Stance in Age of Economic Warfare; Broken Student Loan System

In 1 playlist(s)

Bloomberg Businessweek

Social links

Follow podcast

Recent clips