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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Grindr raised its guidance for the current year, expecting $560 million in revenue and $236 million in adjusted earnings before interest, taxes, depreciation and amortization. The company plans to roll out its premium “Edge” artificial intelligence-powered subscription plan later in November for $120 a month, and will hold its first investor day in three years in June.

For more, CEO George Arison speaks with Bloomberg's Carol Massar and Tim Stenovec. 

Grindr raised its guidance for the current year, expecting $560 million in revenue and $236 million in adjusted earnings before interest, taxes, depreciation and amortization.&nbsp;The company plans to roll out its premium &ldquo;Edge&rdquo; artificial intelligence-powered subscription plan later in November for $120 a month, and will hold its first investor day in three years in June. For more, CEO George Arison speaks with Bloomberg's Carol Massar and Tim Stenovec.&nbsp;

Grindr CEO George Arison Talks Earnings, 2027 Outlook

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DraftKings shares fell as much as 29% on Friday after the company slashed its profit forecast, but it keeps investing heavily in prediction markets. DraftKings CEO Jason Robins says most of the $650 to $700 million dollars was used to acquire new customers. He speaks to Tim Stenovec on "Bloomberg Tech."

DraftKings shares fell as much as 29% on Friday after the company slashed its profit forecast, but it keeps investing heavily in prediction markets. DraftKings CEO Jason Robins says most of the $650 to $700 million dollars was used to acquire new customers. He speaks to Tim Stenovec on "Bloomberg Tech."

DraftKings CEO Jason Robins Talks Prediction Markets

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/25286e3a-1820-4744-91d9-b4fa01206011/transcript

White House National Economic Council Director Kevin Hassett says inflation is "driven by energy prices, which are related to, you know, the situation in Iran". In a conversation with Bloomberg's Michael McKee and Dani Burger, Hassett says the White House will produce an evidence-based report on Fed Governor Lisa Cook for President Trump to review before deciding how to proceed.

White House National Economic Council Director Kevin Hassett says inflation is "driven by energy prices, which are related to, you know, the situation in Iran". In a conversation with Bloomberg's Michael McKee and Dani Burger, Hassett says the White House will produce an evidence-based report on Fed Governor Lisa Cook for President Trump to review before deciding how to proceed.

White House NEC Director Kevin Hassett Talks Inflation, Fed

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ecf2948c-69e5-4ed8-97c1-b4fa010646a2/transcript

Barry Sternlicht Talks Fed, Regional Banks

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