Bloomberg Businessweek

Frank Sorrentino, Founder and CEO of ConnectOne Bankcorp, offers valuable insights into the economy and the Federal Reserve's upcoming decisions. He discusses the potential implications of the Fed's interest rate stance amidst geopolitical uncertainties. With strong consumer demand and robust sectors like construction, Sorrentino paints a hopeful picture of economic resilience. He also delves into the importance of scenario planning for businesses navigating this unpredictability, emphasizing the financial stability of many clients despite current challenges.

Dana Telsey, founder and CEO of Telsey Advisory Group, shares insights on the significant decline in U.S. retail sales and how geopolitical tensions, especially involving Iran, are influencing consumer behavior. Travis McCready from JLL discusses the implications of these conflicts on global trade and real estate, highlighting the demand for data centers amidst rising protectionism. Their dialogue unveils how modern economic strategies must adapt to a rapidly changing international landscape marked by military and trade uncertainties.

Andrew Bud, Founder and CEO of iProov, dives deep into the crucial distinction between facial verification and facial recognition. He emphasizes the importance of user consent in facial verification technology, which aims to provide authentic online identity verification. Bud discusses the innovative use of controlled illumination for effortless selfie captures, ensuring users are not impersonated by deepfakes or photos. He also addresses ethical concerns surrounding identity verification and the advancements necessary to combat evolving cyber threats.

Nick Wadhams, Bloomberg News National Security Team Leader, and Rob Thummel, Senior Portfolio Manager at Tortoise Capital, dive deep into the escalating Israel-Iran conflict. They discuss President Trump's remarks on Iran's desire for de-escalation and its implications for U.S. involvement. Wadhams analyzes the geopolitical dynamics at play, while Thummel sheds light on how these tensions are affecting global oil markets. The dialogue highlights the intricate relationship between political events and energy investments, showcasing the market's surprising resilience amidst turmoil.

Tejpaul Bhatia, CEO of Axiom Space and a key player in the burgeoning private space industry, shares insights on the expanding space economy. He discusses the influence of private space ventures on international diplomacy and the need for collaboration in the new space race. Bhatia also highlights the challenges of human spaceflight, including mission delays and aging infrastructure, and delves into Axiom's vital role as the International Space Station faces potential early decommissioning.

Ed Ludlow, Bloomberg Technology co-host, shares insights from Apple's Developers Conference, discussing new products and market strategies. Rachel Adams Hurd investigates the controversial impact of immigration detention facilities on local economies. Wendy Barnes, CEO of GoodRx, highlights challenges facing independent pharmacies amid healthcare changes. Cisco's DJ Sampath and Anurag Dhingra unveil AI strategies revolutionizing workplace collaboration. G2 Patel charts Cisco's journey through AI innovations, emphasizing security and efficiency in tech solutions.

Gregg Roman, Executive Director of the Middle East Forum, and Dana Stroul, Senior Fellow at the Washington Institute for Near East Policy, delve into the alarming missile exchanges between Israel and Iran. They discuss Iran's unprecedented missile retaliation and its implications for regional security, alongside the complexities of international law concerning nuclear non-proliferation. The conversation highlights the U.S. role in mitigating the risks posed by this escalating conflict and the broader impact on global markets, particularly in real estate and investment strategies.

Bob Curley, CEO of Bridge Bank and Deputy Chief Banking Officer at Western Alliance, dives into the evolving world of tech IPOs and startup funding. He discusses the recent surge in Chime Financial's IPO and its implications for market sentiment. Curley highlights the challenges startups face in a post-pandemic landscape, the rise of venture debt, and the strategic role of partnerships. The conversation also touches on investment trends in AI, likening its growth to the dot-com boom, while providing insights on navigating financial turbulence in the banking sector.

Featured guests George Ferguson, a Senior Aerospace Analyst at Bloomberg Intelligence, and Eric Weiner, Senior Editor for Equities Americas, provide insights into the tragic Air India crash, discussing the devastating implications for aviation safety. They analyze key factors such as maintenance and technical failures while exploring Boeing's market response. The conversation also delves into the U.S. dollar's recent struggles, reflecting on shifting investment trends amid global economic challenges. The mix of somber analysis and market insights offers a comprehensive look at current events.

Mountainside, a collection of addiction treatment centers in the Northeastern United States, has been in operation for nearly three decades, running on the belief that everyone is capable of achieving recovery. The organization has engaged the national not-for-profit Shatterproof to help create a short film entitled "NO MORE SECRETS" to serve as a call to action to help end the stigma associated with addiction.Jana Wu, Senior Clinician at Mountainside Treatment Center and Dr. Manassa Hany, Director of Addiction Psychology at Northwell detail their work with Shatterproof and discuss the film's upcoming premier in New York City.See omnystudio.com/listener for privacy information.