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How Boring Businesses Create Billionaires

Forget tech startups and stock picks. A Princeton economist's research reveals that many of America's millionaires built their fortunes through private businesses in industries most people overlook. Billionaire Rich Kinder did it with pipelines. Ray and Dana Chery are hoping to become the next generation of billionaires by betting on portable sinks. Their stories challenge conventional wisdom on how wealth is actually built.

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Bloomberg

Secret Service Likely to Lead Investigation into WHCD Shooting Suspect

Due to the involvement of presidential protection, the Secret Service, with the support of the FBI, is expected to lead the investigation into the suspected shooter. Former Federal, Local and State Police Office Roy Taylor and CNN Legal Analyst Elliot Williams discuss with David Gura and Christina Ruffini on Bloomberg This Weekend possible next steps.

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Bloomberg

Trump Evacuated After Shooting at Press Dinner, Gunman Detained

US authorities are charging a gunman in a shooting at the hotel that hosted the White House Correspondents' Dinner in Washington, an incident that forced President Donald Trump to be rushed from the stage and the event to be postponed. Bloomberg News White House Correspondent Jeff Mason and State Department Reporter Eric Martin join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

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Bloomberg

Can the World's Economic Firefighter Adapt to the 21st Century?

As wars, trade spats, and AI reshape the global economy, the IMF has held its role as the world's lender-of-last-resort steady. Much of its governance, including countries' shares of voting rights, have remained the same over decades, often requiring lending countries to return to the same austerity playbook. Gita Gopinath, former first managing director of the IMF says that the stability is by design in times of greater geopolitical uncertainty while Boston University's Kevin Gallagher says that some parts of the IMF are due for an upgrade.

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Bloomberg

Billion-Barrel Hormuz Oil Shock Is About to Crash Demand

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming. Bloomberg News Washington Bureau Chief Peggy Collins and White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend for a wide-ranging conversation on the latest in politics.

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