Bloomberg Businessweek

Carolyn Tisch Blodgett is the CEO and founder of Next 3, where she oversees the investment and management of a portfolio of assets in the sports, media and entertainment space. She invests across teams, leagues and technologies including Gotham FC of the National Women's Soccer League, TGL and Los Angeles Golf Club, LOVB, Transmit.Live, Jackpot.com and more. Tisch Blodgett also serves as the governor of the reigning NWSL champions, where she is the lead owner across the business. Under her leadership, the Gotham FC has seen significant growth across fan attendance, revenue and on-field performance and league-record sponsorship deals.The increasingly popular league is facing challenges, however, as top European leagues and other organizations drive up the price tags for top players. Carolyn discusses the financial health of the NWSL as well as the growth surge in women's sports more broadly with Carol Massar, Tim Stenovec and Bloomberg News Sports Reporter Vanessa Perdomo on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Germany will take the lead of European nations sending military personnel to Greenland after Denmark said its meeting with top US officials intent on controlling the world’s biggest island revealed that a “fundamental disagreement” remains.The decision to dispatch reinforcements to the Arctic territory as early as this week highlights the urgency with which European nations seek to respond to US threats over Greenland. A meeting of foreign ministers from Denmark and Greenland with US Vice President JD Vance and Secretary of State Marco Rubio in Washington failed to dispel the specter of a US takeover.On Thursday, Germany’s “exploration mission” of 13 soldiers will arrive in Nuuk as European nations begin to work out how to ensure security in the region. Their task will be to “explore the framework conditions for possible military contributions to support Denmark in ensuring security in the region, for example, for maritime surveillance capabilities,” according to a statement from the German defense ministry.France will participate in the joint drills in Greenland this week, according to the defense ministry’s press office, which provided no details.In addition, Sweden is sending “several officers,” Norway two persons and the UK one officer. The reconnaissance group is visiting the island ahead of the planned “Arctic Endurance” training exercise, UK Defense Minister John Healey told reporters in Sweden. Denmark on Wednesday said the drill with North Atlantic Treaty Organization allies would become a permanent fixture.Today's show features: Ed Price, Senior Non-Resident Fellow at New York University, on Western Europe's response to President Donald Trump's Greenland overtures and why some allies of Russian President Vladimir Putin are concerned that he is abandoning them Matt Hornbach, Global Head of Macro Strategy at Morgan Stanley on the market outlook and potential impact of the Supreme Court’s pending tariff ruling Karin Kimbrough, Chief Economist at LinkedIn on Wednesday’s retail and PPI reports as well as a new report detailing the impact of AI on the US labor market Michael Townsend, Managing Director of Legislative and Regulatory Affairs at Schwab, on expectations for the pending Supreme Court ruling on IEEPA tariffs and renewed legal action against Federal Reserve Chairman Jerome Powell See omnystudio.com/listener for privacy information.

Acadia Pharmaceuticals, a leader in neuroscience and rare disease, is working to advance next-generation therapies. The company's commercial portfolio already includes the first and only FDA-approved treatments for Parkinson’s disease psychosis and Rett syndrome. Acadia is also developing the next wave of therapeutic advancements with a pipeline that includes mid- to late-stage programs in Alzheimer’s disease psychosis and Lewy body dementia psychosis, along with earlier-stage programs that address other underserved patient needs. Catherine Owen Adams, the CEO of Acadia, discusses her firm's commitment to turning scientific promise into meaningful innovation that can help make a difference for underserved neurological and rare disease communities around the world. Catherine speaks with Tim Stenovec and Emily Graffeo on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Wall Street traders sent stocks lower as inflation data failed to alter bets on a pause in Federal Reserve rate cuts while JPMorgan Chase & Co. led a slide in banks after its results. Bonds wavered. The dollar rose.Signs that price pressures are gradually abating gave a degree of comfort to investors in the immediate aftermath of the data, but the moves across asset classes waned as the session progressed. The S&P 500 fell from a record. JPMorgan sank 4.2% as investment-banking fees missed the guidance, with revenue from both underwriting and advising on mergers dropping.Not even a slower-than-expected increase in the core consumer price index was able to sustain the advance in Treasuries that followed the data. After Fed Chair Jerome Powell and his colleagues deployed three rate cuts since September, money markets continued to project the next reduction only in mid-2026.Today's show features: Chris Whalen, Chairman of Whalen Global Advisors, on JPMorgan Chase earnings and the global banking sector Matthew Luzzetti, Chief US Economist and Head of US Economic Research at Deutsche Bank, on the latest US CPI print and challenges to Federal Reserve independence Savanthi Syth, Managing Director for Airlines and Advanced Air Mobility with Raymond James, on Delta’s quarterly earnings and the airline sector outlook Bloomberg News Senior Editor, Equities Americas Eric Weiner on the Tuesday trade and Bloomberg Economics US and Canada Economist Stuart Paul on key data and the Federal Reserve See omnystudio.com/listener for privacy information.

The time of the corporate landlord as America’s housing villain was supposed to be over. Money managers like Blackstone Inc. and Pretium, who binged on single-family rentals in the wake of the financial crisis took blow after blow as housing prices shot up. But the cohort has since cooled its buying, and the attacks slowed. But President Donald Trump on Wednesday brought the issue front-and-center when he pledged in a social media post to stop institutional investors from buying more homes.Stephen Scherr, Co-President at Pretium, weighs in on the president's threats against his business and how the country's leading owners of single-family rental homes might have to reposition themselves in the near-term. Stephen speaks with Tim Stenovec, Emily Graffeo and Bloomberg News Chief Wall Street Correspondent Sri Natarajan on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.