Bloomberg

Rebecca Babin, CIBC Private Wealth Group Senior Energy Trader, says oil traders are struggling to make accurate forecasts on oil supply as key infrastructure in the Gulf continues to be targeted by by Iran.

China's rapid AI expansion is drastically reducing production costs, but this growth is triggering intellectual property disputes and concerns about the labor market. Bloomberg's Minmin Low reports on how Beijing is facing a difficult balancing act: maintaining its global tech edge while preventing possible social unrest caused by mass automation.

Orangetheory Fitness Brand President Lauren Cody discusses fitness trends, longevity, and the 'shared accountability' that group settings can help establish in fitness environments. She talks with Romaine Bostick and Bailey Lipschultz on "The Close."

Professional Fighters League CEO John Martin discusses global expansion opportunities, reaching an 'underserved' MMA community, and potential platform partners. He talks with Romaine Bostick and Bailey Lipschultz on "The Close."

Jefferies Global Head of Investment and Wealth Solutions Laurie Goodman discusses tech leading all S&P sectors to a higher close, AI disruption, and the ongoing challenges in private markets, including private credit. She talks with Romaine Bostick and Bailey Lipschultz on "The Close."

Finland's President Alexander Stubb says NATO allies have to take President Donald Trump at his word when it comes to trying to secure the Strait of Hormuz. "We obviously have to take everything that the president of the United States says seriously," Stubb told Bloomberg's Francine Lacqua.

Former Minneapolis Fed President Gary Stern discusses the unlikely chance of a change in policy coming out of the upcoming Fed meeting, and the possibility of slower economic growth ahead. He talks with Romaine Bostick and Bailey Lipschultz on "The Close."

Former President of the Federal Reserve Bank of Boston Eric Rosengren discusses how the Iran war will impact the upcoming Fed decision, the 2026 rate outlook, & Judge Boasberg's rejection of subpoenas of the Federal Reserve in the Jerome Powell case. He talks with Romaine Bostick and Bailey Lipschultz on the "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Bailey Lipschultz, Carol Massar and Tim Stenovec.

A slide in oil prices lifted stocks and bonds on hopes that more tankers will be able to traverse the Strait of Hormuz, with signals that rich nations could release more stockpiles also helping sentiment. While traffic through Hormuz remains at a near-standstill amid the Iran war, US crude settled at $93.50 as a trickle of vessels started to find a way through the oil route. Racquel Oden, US Head of Wealth and Private Banking at HSBC joins to discuss how the markets may react to headlines in the short term, but over time they follow earnings, and the earnings outlook remains strong.