Charles Schwab Corp. reported a surge in average daily trading volume in the fourth quarter as retail investors sought to take advantage of the end of a strong year for the stock market. Total net new assets for the quarter totaled $158.2 billion, more than the $144 billion projected, and daily average trading volume jumped to 8.27 million, up 31% from a year earlier. Still, net revenue of $6.34 billion missed Wall Street analyst expectations of $6.37 billion for the last three months of the yea...
Jan 22, 2026•12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump said he would refrain from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a “framework of a future deal” he said was reached regarding the island. The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland. It came after a meeting with North...
Jan 21, 2026•37 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Netflix Inc. delivered fourth-quarter results that largely beat Wall Street estimates but issued a cautious forecast for the months ahead, citing higher program spending and the cost of closing its deal with Warner Bros. Discovery Inc. The streaming leader said Tuesday it plans to increase spending on films and TV shows by 10% in 2026 while forging ahead with plans to buy the studio and streaming business of Warner Bros., a d...
Jan 20, 2026•39 min
FullSpeed Automotive is among the largest franchisors and operators of automotive aftermarket repair facilities in the United States. It is home to flagship brands such as Grease Monkey, SpeeDee Oil Change & Auto Service, and Kwik Kar. FullSpeed brands offer oil changes, tire sales and rotations, brake services, car washes, and other ancillary services through multiple brand formats that target several desirable segments of the service market. The company's geographic footprint includes more...
Jan 20, 2026•12 min
In a piece written for Bloomberg Businessweek magazine, Daron Acemoglu, Institute Professor of MIT's Department of Economics, muses on whether there is a way to better understand the mind and methodology of US President Donald Trump. Acemoglu writes that "most of the (Trump) administration’s actions — the questionable crypto dealings, the appointment of unqualified allies to high-level positions, the unconstitutional deportations and National Guard deployments, the ouster of a Latin American hea...
Jan 19, 2026•12 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloombe...
Jan 17, 2026•1 hr 16 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. US President Donald Trump is calling for an emergency wholesale electricity auction that, his administration says, will force technology companies to pay for the new power they need to run massive AI data centers under construction across the country. The truth is Amazon.com Inc., Microsoft Corp., Alphabet Inc., Meta Platforms Inc., OpenAI and all the other major tech firms behind the AI data center boom are more than happy to...
Jan 16, 2026•30 min
Rick Woldenberg runs two educational-toy businesses near Chicago, Learning Resources and hand2mind. The firms are considered to be among the world leaders in the development of over 2,000 experiential, hands-on learning materials, which are sold in more than 100 countries. But their products have been hit especially hard by President Donald Trump’s fluctuating global tariffs. Woldenberg’s companies sued last April to invalidate the tariffs as exceeding the president’s authority. The suit is now ...
Jan 16, 2026•12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Morgan Stanley Chief Executive Officer Ted Pick started summing up his outlook after Wall Street’s banner year for trading with four words: “The setup is ideal.” After Wall Street’s five giant banks reported a record $134 billion of trading revenue from last year and an upswing in dealmaking, Pick and peers agreed it’s poised to continue — albeit with caveats. “As a student of these businesses for decades, I would bet you that...
Jan 15, 2026•37 min
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 leade...
Jan 15, 2026•9 min
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 mee...
Jan 14, 2026•37 min
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 addr...
Jan 14, 2026•7 min
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 50...
Jan 13, 2026•32 min
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. Step...
Jan 13, 2026•11 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank. Senator Thom Tillis, a key Republican on the Banking Committee who isn’t running for reelection, vowed quickly Sunday night to oppose any Trump nominees to the Fed until the matter is resolved....
Jan 12, 2026•33 min
Barnes & Noble is the largest retail bookseller in the United States. The Company has approximately 600 bookstores across the United States, as well as its online bookstore at BN.com, the NOOK Digital business, which offers both eBooks and an audio book subscriptions service, the SparkNotes educational service, and stationery and gift retailer Paper Source. James Daunt serves as the CEO of Barnes & Noble. He discusses his stewardship and rejuvenation of the popular chain, as well as whet...
Jan 12, 2026•11 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloombe...
Jan 10, 2026•1 hr 13 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Major US oil executives expressed caution to Donald Trump about reentering Venezuela, even as the president pressured their companies to spend at least $100 billion to revive the country’s crude oil production. Trump convened nearly 20 industry representatives in the East Room of the White House on Friday and predicted they could come to an agreement “today or very shortly thereafter” to restart operations in the oil-rich Lat...
Jan 09, 2026•38 min
Archer Aviation is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. The company is partnering with cities across the country to submit multiple applications to launch initial air taxi operations under the White House’s eVTOL Integration Pilot Program (eIPP), a first-of-its-kind public-private initiative led by the US Department of Transportation and Federal Aviation Administration to support the safe integration of air taxis in the U...
Jan 09, 2026•10 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. US President Donald Trump said he was directing the purchase of $200 billion in mortgage bonds, which he cast as his latest effort to bring down housing costs ahead of the November midterm election. Trump announced the move on Thursday in a social media post. The director of the Federal Housing Finance Agency, Bill Pulte, said soon after that the president aims for Fannie Mae and Freddie Mac to execute the purchases. “This wil...
Jan 08, 2026•35 min
Oshkosh Corporation builds what it calls "purpose-built equipment" to help people advance communities around the world. Headquartered in Wisconsin, Oshkosh employs more than 18,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products are found in more than 150 countries under the brands of JLG, Pierce, MAXIMETAL, Oshkosh S-Series, McNeilus, IMT, Jerr-Dan, Frontline Communications, Oshkosh Airport Products, Oshkosh AeroTech, Oshkosh ...
Jan 08, 2026•8 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump said he would move to ban institutional investors from buying single-family homes, part of a push to address housing affordability ahead of this year’s midterm elections. “People live in homes, not corporations,” Trump said in a social media post Wednesday announcing the effort, adding that he would expound on the plan at the World Economic Forum in Davos, Switzerland, later this month. The news sent sh...
Jan 07, 2026•29 min
It's been nearly three decades since Howard Capital Management developed a proprietary indicator, called the HCM-BuyLine, to help protect client assets. This tool overlays all separately managed portfolios, as well as proprietary Mutual Funds and ETFs in an effort to keep assets on the right side of the market. The HCM-BuyLine is based on a proprietary calculation of the strength of the market derived from the ratio of new highs to new lows on the New York and Nasdaq stock exchanges. The tool us...
Jan 07, 2026•7 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . A small fleet of ships booked by Chevron Corp. is sailing to Venezuela as the company emerges as the only exporter of the country’s oil following the ouster of President Nicolas Maduro by US forces. Chevron is poised to export more Venezuelan oil this month than last, with at least 11 ships scheduled to arrive in the Venezuelan government-controlled ports of Jose and Bajo Grande, according to preliminary data compiled by Bloo...
Jan 06, 2026•41 min
Realizing President Donald Trump’s plan for a US-led revival of Venezuela’s beleaguered oil industry could be a years-long and challenging process costing upwards of $100 billion. Years of corruption, underinvestment, fires and thefts have left the nation’s crude infrastructure in tatters. Rebuilding it enough to lift Venezuela’s output back to its peak levels of the 1970s would require companies to invest about $10 billion per year over the next decade, according to Francisco Monaldi, director ...
Jan 06, 2026•7 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Venezuela Regroups With New President, Old Repression Tactics Venezuela’s government is reasserting itself after the capture of Nicolás Maduro, swearing in Delcy Rodríguez as acting president and flashing warning signs that a new wave of repression has begun. As the government continued to churn inside the presidential palace Miraflores, Venezuela’s military counterintelligence officials have been patrolling the streets of Car...
Jan 05, 2026•36 min
Oil steadied on the first trading day of 2026 as expectations for a supply surplus offset geopolitical risks to production in several OPEC+ nations. Middle Eastern markets, including derivatives like the regional Dubai benchmark, faltered amid heavy selling pressure on a key trading window in Asian hours, traders familiar with the matter said. Faced with a seasonal lull in consumption, the Organization of the Petroleum Exporting Countries is leaning toward caution. Tim Moore is a Senior Research...
Jan 05, 2026•13 min
President Donald Trump said the US would run Venezuela until a transition could be organized, hours after a US operation captured leader Nicolás Maduro, ousting the strongman from power after months of mounting military and economic pressure on his regime. “We’re going to run the country until such time as we can do a safe, proper and judicious transition,” Trump said Saturday at a press conference at his Mar-a-Lago estate in Florida. “So we don’t want to be involved with having somebody else ge...
Jan 03, 2026•23 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . New York City Mayor Zohran Mamdani rescinded all executive orders issued by his predecessor over the last 15 months as part of a flurry of actions as the city’s new leader took office Jan. 1. The directive revoked all executive orders former mayor Eric Adams had issued since Sept. 26, 2024, the day he was indicted on federal corruption charges. Those charges were later dropped by the Justice Department under President Donald ...
Jan 03, 2026•32 min
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloombe...
Jan 03, 2026•1 hr 13 min
