You know we talked about it on the call this morning is like you definitely saw our interest charges ticking up. That was partly driven by the inventory receipts that we had last year and also driven by rising interest rates. But there's things we're doing to mitigate that. You know we're landing our rooms very much more differently. We're not holding as much of it. We are increasing the turns in our business and the reality is we'll chip away at that side of it as well. The labor market has proven to be so strong the consumers still remain strong.
Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan break down the latest news on the uncertainty in the baking sector following the collapse of Silicon Valley Bank. Lands’ End CEO Andrew McLean discusses the apparel maker's earnings and the impact of inflation on consumers. Dr. Paul Spiegel, Director of the Center for Humanitarian Health at the Johns Hopkins Bloomberg School of Public Health, talks about the health issues as a result of earthquake that rocked Turkey and Syria. Bloomberg Businessweek Editor Joel Weber, Businessweek Markets and Finance Editor Pat Regnier and Bloomberg News Editor-at-Large Erik Schatzker discuss Businessweek Magazine’s coverage of the Silicon Valley Bank collapse. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management.
Hosts: Carol Massar and Mike Regan. Producer: Paul Brennan.
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