Putting Money to Work with Mario Gabelli, & Travel Trends with Booking Holdings 8/04/23
After a blowout third quarter report, Booking Holdings CEO Glenn Fogel discusses travel trends for Americans and posits why US travelers are looking to Europe for summer vacations. Wrapping up the busiest week of corporate earnings, billionaire value investor Mario Gabelli explains which companies he’s watching for money-making opportunities. He discusses the Fitch downgrade of US debt, the future of linear TV, and deal-making appetite into 2024 and beyond. Plus, the Labor Department has released another report on US employment, and it’s pointing to a labor force that’s slowing down but staying solid. In this episode: Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Steve Liesman, @steveliesman Katie Kramer, @Kramer_Katie
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