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.

Hello everyone, it’s Bill Thompson – T Bill. Some of the things covered on today’s session include:The new Russian Oil Sanctions.The National Basketball Association gambling probe.Dick’s Sporting Goods announces the tripling of some of its store sizes. An increase in K-shaped spending patterns between higher and lower income brackets. Union Pacific announces a timeline for the merger with Norfolk Southern.Bayer announces an experiment of its 90,000 employees operating without managers.