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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Senator John Kennedy (R-LA) says maintaining sanctions and a blockade on Iran will be "painful" for Americans ahead of the midterms, but argues that sustaining the pressure for several more months may be the most effective way to move Tehran. The Louisiana Republican calls inflation "pernicious" and says the Federal Reserve will have to raise rates if it is not brought under control. Sen. Kennedy also says that, "if I had to bet," the Senate Judiciary Committee will not vote on Todd Blanche's nomination for attorney general tomorrow. He talks to Bloomberg's Joe Mathieu and Kailey Leinz.

Senator John Kennedy (R-LA) says maintaining sanctions and a blockade on Iran will be "painful" for Americans ahead of the midterms, but argues that sustaining the pressure for several more months may be the most effective way to move Tehran. The Louisiana Republican calls inflation "pernicious" and says the Federal Reserve will have to raise rates if it is not brought under control. Sen. Kennedy also says that, "if I had to bet," the Senate Judiciary Committee will not vote on Todd Blanche's nomination for attorney general tomorrow. He talks to Bloomberg's Joe Mathieu and Kailey Leinz.

Louisiana Senator John Kennedy Talks Impact of Iran Pressure Campaign 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/050f174f-09a5-450c-8de4-b49601770331/transcript

Energy Secretary Chris Wright said that a new $100 billion data center campus built by NextEra energy and Brookfield will be powered by a nuclear and gas supply built on federal lands and will provide its own water. Wright also discussed the state of energy prices as the Iran war heats back up, and said it's not possible to forecast where gas prices will be by Labor Day.

Wright spoke with Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz.

Energy Secretary Chris Wright said that a new $100 billion data center campus built by NextEra energy and Brookfield will be powered by a nuclear and gas supply built on federal lands and will provide its own water. Wright also discussed the state of energy prices as the Iran war heats back up, and said it's not possible to forecast where gas prices will be by Labor Day. Wright spoke with Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz.

US Energy Secretary Chris Wright Talks Gas Prices, Data Centers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a5134829-3967-4cbe-b937-b49601307cf4/transcript

The CEO of L’Oréal, the world’s largest cosmetics company, says the performance in the Middle East was below expectations but somewhat compensated by a rebound of growth in China. Nicolas Hieronimus spoke exclusively with Bloomberg’s Francine Lacqua from Paris.

The CEO of L&rsquo;Or&eacute;al, the world&rsquo;s largest cosmetics company, says the performance in the Middle East was below expectations but somewhat compensated by a rebound of growth in China. Nicolas Hieronimus spoke exclusively with Bloomberg&rsquo;s Francine Lacqua from Paris.

L'Oreal CEO Nicolas Hieronimus Talks Earnings, Consumer Demand

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5099e0ab-54a8-4330-a486-b496011e97f4/transcript

Barry Sternlicht Talks Fed, Regional Banks

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