When one thinks about the wealthiest Americans, ultra-rich billionaires like Elon Musk and Jeff Bezos might come to mind. But there is a class of rich private business owners hiding in plain sight.

University of Chicago Associate Professor Eric Zwick and Princeton University Professor Owen Zidar join Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how income inequality started to rise in tandem with the growing number of pass-through businesses.
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Anna Edwards, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”

Chapters:
00:00:00 – MLIV
00:00:08 – I am the House: Scott Bessent on Betting Against the Japanese Yen
00:01:40 – Commodity Bull Run
00:02:53 – Brent Crude Price Nearing $100/Barrel
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Big Pharma is betting on China for its next blockbuster drugs — what that shift means for patients and the future of US biotech dominance.
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Paramount Skydance Corp. has settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, allowing the company to close its acquisition of Warner Bros. Discovery Inc. #news #business #usa

The settlement includes protections to limit the market power and ensure the editorial independence of the media giant, and requires Paramount to release 30 movies a year at the combined studios.

Paramount has agreed to various terms, including investing $1.5 billion in domestic film and TV production, and not selling or closing its big studio lots in the Los Angeles area, in a bid to appease politicians and unions.

Read more: https://www.bloomberg.com/news/articles/2026-09-21/paramount-settles-lawsuits-allowing-for-warner-bros-acquisition

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Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”

Chapters:
00:00:17 – Nvidia Expectations
00:02:15 – Warsh
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