Bloomberg Businessweek

Texas's ban on financial firms that "boycott" fossil fuel has led to higher borrowing costs for the state, with interest rates higher than those of California. Bloomberg News Editor-in-Chief Emeritus Matt Winkler talks about how one Texas town is paying unprecedented costs.
See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Broadcom is in talks with a group of lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic and other companies, according to people with knowledge of the matter. The financing, which is still being ironed out, may also include a roughly $30 billion junior debt tranche, said some of the people, who asked not to be identified because the information is private. Under the proposed plan, Broadcom would guarantee a portion of the senior-secured tranche, which could range from about $60 billion to $70 billion, some of the people said. The numbers under discussion would potentially bring the total to as much as $100 billion.
On today's episode, Carol Massar and guest host Emily Graffeo speak with:
Ryan Gould, Bloomberg News US Deals reporter
Robin Wenzel, Wells Fargo Industry Insights Head
Laura Bliss, Bloomberg Businessweek Senior Editor
AJ Nicholas, Maisonette President
See omnystudio.com/listener for privacy information.

Rocks, lime, concrete, and steel -- it's all feeding in to today's AI data center build out.
Carol Massar and guest host Emily Graffeo speak with Kathryn Thompson of Thompson Research Group about where the industry is headed.
See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline. The FOMC voted 9-3 in July to hold the benchmark federal funds rate in a range of 3.5% to 3.75%, with some officials dissenting in favor of raising rates. The release of minutes comes as the total US public debt has surpassed $40 trillion for the first time, with a surge of a third in less than five years.

On today's episode:
Michael McKee, Bloomberg TV and Radio International Economics & Policy Correspondent
Karen Veraa-Perry, Head of U.S. iShares Fixed Income Strategy, BlackRock
Jim Caron, CIO, Portfolio Solutions, Morgan Stanley Investment Management
See omnystudio.com/listener for privacy information.

Zocdoc, the healthcare access infrastructure that connects patients to great care, announced a first-of-its-kind partnership with the Gemini app to make agentic healthcare appointment booking a reality. Zocdoc’s AI-Informed Patient Report shows 26% of patients have used AI for a health question and 85% of providers are seeing more AI-informed patients.

CEO Dr. Oliver Kharraz explains how the new partnership works, saying it's important for Zocdoc to help enable patients to get the healthcare and answers they need, and quicker than ever before.
See omnystudio.com/listener for privacy information.