10/23/25 – Russian Oil Sanctions, NBA Gambling Probe, Rivian Cutbacks, Dick’s Sporting Goods Store Size Expansion, K-Shaped Spending, Union Pacific Norfolk Southern Merger.
OCT 23, 202517 MIN
10/23/25 – Russian Oil Sanctions, NBA Gambling Probe, Rivian Cutbacks, Dick’s Sporting Goods Store Size Expansion, K-Shaped Spending, Union Pacific Norfolk Southern Merger.
OCT 23, 202517 MIN
Description
<p>Hello everyone, it’s Bill Thompson – T Bill. Some of the things covered on today’s session include:</p><p>The new Russian Oil Sanctions.</p><p>The National Basketball Association gambling probe.</p><p>Dick’s Sporting Goods announces the tripling of some of its store sizes. </p><p>An increase in K-shaped spending patterns between higher and lower income brackets. </p><p>Union Pacific announces a timeline for the merger with Norfolk Southern.</p><p>Bayer announces an experiment of its 90,000 employees operating without managers. </p>