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CAP

Nobody Expects the TPU Transition

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe.

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting.
Bloomberg Markets • Nov 25, 4:45 PM
CAP

Rising Food Costs Hit Restaurants

Affordability is front and center this Thanksgiving week — and it’s not just grocery shoppers feeling the pinch.

Affordability is front and center this Thanksgiving week — and it’s not just grocery shoppers feeling the pinch. Restaurants nationwide are grappling with rising costs that many diners don’t see. A new report from the Public Policy Institute of California shows food prices are up roughly 30% from six years ago. Caroline Styne, Co-Founder of The Lucques Group and founding member of the Independent Restaurant Coalition joined Bloomberg Open Interest to talk about the state...
Bloomberg Markets • Nov 25, 4:21 PM
CAP

Fannie, Freddie Shares Mimic Meme-Stock Mania With Wild Swings

Whalen Global Advisors Founder and Chairman Chris Whalen discusses the state of Fannie Mae, Freddie Mac and the mortgage market.

Whalen Global Advisors Founder and Chairman Chris Whalen discusses the state of Fannie Mae, Freddie Mac and the mortgage market. Bill Ackman lit the fire and Bill Pulte supercharged it. Their influence helped drive retail traders to Fannie Mae and Freddie Mac, whose shares have soared more than 500% since Donald Trump’s election a year ago. But now, as equity markets are gripped by volatility and crypto assets suffer their worst rout in years, those...
Bloomberg Markets • Nov 25, 4:20 PM
REG

Trump to Review Refugees Admitted Under Biden in New Crackdown

The Trump administration plans to review the cases of all refugees resettled under President Joe Biden and freeze their green card applications, the latest clampdown on legal migration to the US.

The Trump administration plans to review the cases of all refugees resettled under President Joe Biden and freeze their green card applications, the latest clampdown on legal migration to the US.
Bloomberg Politics • Nov 25, 4:10 PM
CAP

Ex-Stellantis CEO Leads Only Bid for Portugal’s Azores Airlines

Former Stellantis Chief Executive Officer Carlos Tavares said he is leading the only consortium bidding for Portugal’s Azores Airlines, as the government of the mid-Atlantic archipelago nears a deadline to start the sale of the state-owned carrier.

Former Stellantis Chief Executive Officer Carlos Tavares said he is leading the only consortium bidding for Portugal’s Azores Airlines, as the government of the mid-Atlantic archipelago nears a deadline to start the sale of the state-owned carrier.
Bloomberg Markets • Nov 25, 3:59 PM
REG

US Anti-Drone System to Help Romania Deter Russian Incursions

Romania’s defense chief said the NATO member state will soon be able to deploy a US-supplied anti-drone system to thwart a rising number of airspace breaches by Russia.

Romania’s defense chief said the NATO member state will soon be able to deploy a US-supplied anti-drone system to thwart a rising number of airspace breaches by Russia.
Bloomberg Politics • Nov 25, 3:51 PM