AustraliaBreaking News

Senior Fellow at the Council on Foreign Relations Clara Gillespie says Gulf energy flows face an uncertain recovery as producers work to clear ships, bring in tankers, restart halted output and repair damage to refineries, LNG facilities and ports. She says the Strait of Hormuz remains unstable, with shipping still below prewar levels and US pressure on Iran complicating efforts to restore safe passage.

Bloomberg News Middle East reporter Dan Williams says negotiations between the US and Iran remain focused on securing freedom of navigation through the Strait of Hormuz, even as President Donald Trump's escalating rhetoric underscores the fragile state of the ceasefire. Williams says Iran's leadership remains opaque, questioned claims that recent attacks on commercial shipping reflected a command failure, and warned that Tehran could emerge with greater strategic leverage if it retains effective control over the vital waterway.

Media veteran Michael Wolf discusses Allen & Company's annual Sun Valley Conference and breaks down the mega deals that are reshaping the entertainment industry. He explains why free ad-supported content is the unsung winner of the streaming wars, and digs into the ways AI is changing the value of content.

Nora Wittstruck, Chief Analytical Officer for Governments at S&P Global, joined Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close' to provide insights on FIFA's financial position during the 2026 World Cup. She highlights how FIFA has emerged financially stronger despite facing numerous controversies during the tournament.

Chad Mumm, Co-Founder of Pro Shop and Producer of the Netflix series 'Full Swing,' talks about the world's number-one ranked golfer, Scottie Scheffler, missing the cut at the Scottish Open. He also discusses golf's surge in popularity and the anticipation for the upcoming season of 'Full Swing.' Mumm joins Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close.'

Gary Gensler, Former SEC Chair and professor at MIT Sloan School of Management, joins Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close' and discusses the significant return of IPO activity including SK Hynix, which raised $26.5 billion in the largest foreign debut in the US, Google's $85 billion capital raise and SpaceX going public. He says these big deals are a sign of 'high-valuation market.'

Apple sued OpenAI for trade secret theft, accusing the artificial intelligence startup and its hardware chief of engaging in a coordinated campaign to steal information about upcoming products. Apple alleges that OpenAI encouraged Apple employees to share information, components, drawings and other materials related to upcoming products. Mark Gurman reports.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Isabelle Lee.

Gotham FC governor Carolyn Tisch-Blodgett is joined by Bloomberg's Vanessa Perdomo-Maglione to discuss the NWSL club's historic move to Etihad Stadium in Queens in 2028. Tisch-Blodgett said that its the 'duty' of the league and every team to take excitement from global events like the World Cup and translate it into 'lifelong fandom.'

Scarlet Fu and Tom Keene discuss their must-read book on this weeks edition of "Bloomberg Money." Belle Burden's blockbuster memoir, "Strangers," has riveted readers with the tale of her marriage's sudden implosion and aftermath.  It has also spurred some of them to open the books on their marital finances.

Bloomberg's Lisa Mateo joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the new released live action Moana movie, the new Rolling Stones album "Foreign Tongues," June CPI, PPI, and retail sails.

Bloomberg's Randall Williams joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the growing cost of youth sports for American families, which has become a $40 billion-a-year private industry. The high cost is listed as a factor in why US Soccer can't take the next step on the world stage.