The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool with a Club Med–style cascade of hot water and an anti-gravity treadmill that’s more NASA than Nautilus. Coach Nick Saban goes over the finer points of football with his team in a 212-seat theater with a multiplex-sized screen. After practice, players shoot pool or kick back on a leather couch with a video game, Bloomberg Markets magazine reports in its January issue.
Senator Ted Cruz, a Texas Republican, said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that the next president should be “someone who’s leading the fight for free-market principles and the Constitution,” and who isn’t listening to “the established politicians.”
The U.S. regulator of Fannie Mae and Freddie Mac is proceeding with plans to scale back their financing of apartment-building loans next year, shrinking what opponents call a critical support for rental housing.
Janet Yellen, the nominee for Federal Reserve chairman, said the Fed would take into account the public interest in any delay of the conformance period for the Volcker rule, which bans proprietary trading at banks.