Starwood Capital Group Chairman Barry Sternlicht said the US banking system’s exposure to declining commercial real estate values is one reason for the Federal Reserve to cut interest rates. 
Regional banks are holding nearly $2 trillion in commercial-property loans, said Sternlicht, and “valuations are obviously down.”
He speaks with Bloomberg's Sonali Basak and Katie Greifeld

Starwood Capital Group Chairman Barry Sternlicht said the US banking system’s exposure to declining commercial real estate values is one reason for the Federal Reserve to cut interest rates.  Regional banks are holding nearly $2 trillion in commercial-property loans, said Sternlicht, and “valuations are obviously down.” He speaks with Bloomberg's Sonali Basak and Katie Greifeld

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Barry Sternlicht Talks Fed, Regional Banks

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AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li announced that the chipmaker will acquire World Labs for $8.2 billion. Speaking with Bloomberg’s Ed Ludlow in San Francisco on Monday, Su said, “The more you understand end to end, the better system you are going to build.” The all-stock transaction is expected to close by the end of the year, subject to regulatory approvals, the companies said Monday.

AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li announced that the chipmaker will acquire World Labs for $8.2 billion. Speaking with Bloomberg&rsquo;s Ed Ludlow in San Francisco on Monday, Su said, &ldquo;The more you understand end to end, the better system you are going to build.&rdquo; The all-stock transaction is expected to close by the end of the year, subject to regulatory approvals, the companies said Monday.

AMD’s Lisa Su, Fei-Fei Li Discuss $8.2 Billion World Labs Deal

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Former Walt Disney CEO Bob Chapek says the firm needs a 'growth engine' while speaking with BTV's Carol Massar and Tim Stenovec during an interview on Bloomberg News' Businessweek Daily. Chapek also says that Disney employees have been discouraged from keeping in contact with him and that he hasn't heard from CEO Josh D'Amaro since 2022.

Former Walt Disney CEO Bob Chapek says the firm needs a 'growth engine' while speaking with BTV's Carol Massar and Tim Stenovec during an interview on Bloomberg News' Businessweek Daily. Chapek also says that Disney employees have been discouraged from keeping in contact with him and that he hasn't heard from CEO Josh D'Amaro since 2022.

Former Disney CEO Bob Chapek Talks His Time at Disney

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White House National Economic Director Kevin Hassett suggests that, while the US economy is now on track for strong growth, “outside” factors could get in the way of the administration’s hopes for at least a 3% expansion rate while speaking with BTV's David Westin at the Economic Club of New York luncheon. Asked whether the deficit is on track for 3% by the end of Trump’s term, Hassett says, “it’s going to depend on you know basically whether there’s ‘force majeure’ measures that come in the way of that.”

White House National Economic Director Kevin Hassett suggests that, while the US economy is now on track for strong growth, &ldquo;outside&rdquo; factors could get in the way of the administration&rsquo;s hopes for at least a 3% expansion rate while speaking with BTV's David Westin at the Economic Club of New York luncheon. Asked whether the deficit is on track for 3% by the end of Trump&rsquo;s term, Hassett says, &ldquo;it&rsquo;s going to depend on you know basically whether there&rsquo;s &lsquo;force majeure&rsquo; measures that come in the way of that.&rdquo;

 NEC's Kevin Hassett Talks US Economic Goals

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Barry Sternlicht Talks Fed, Regional Banks

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