Skip to main content

AustraliaBreaking News

Bloomberg

Court Term Reflects Reagan, Not Trump, Priorities

Bloomberg Supreme Court reporter Greg Stohr says the court's latest term largely advanced long-standing conservative legal priorities rooted in the Reagan era, while rejecting several Trump-specific initiatives, including broad tariff powers. Joining David Gura and Christina Ruffini on Bloomberg This Weekend, Stohr says the justices left unresolved questions over presidential authority to remove Federal Reserve officials, signaled potential future debate over birthright citizenship and agreed to hear major challenges to state assault weapons bans next term.

Read more
Bloomberg

Socialist Gains Test Democratic Party Unity

Victories by Democratic Socialist candidates are intensifying debate over the Democratic Party's ideological direction, as Dem leaders seek to balance a broader coalition while avoiding internal divisions ahead of the midterm elections. Joining Bloomberg This Weekend for this discussion are Bloomberg News White House Correspondent Jeff Mason, Bloomberg Opinion Columnist Gautam Mukunda, and Politico Reporter Madison Fernandez who explain that Republicans are moving quickly to use the rise of democratic socialism as a political line of attack, creating a new messaging challenge for Democrats.

Read more
Bloomberg

World Cup Attendance Sets Record

The USMNT remains competitive heading into its Round of 16 match against Belgium despite the suspension of striker Folarin Balogun, while France remains the tournament favorite led by Kylian Mbappé. Bloomberg News Senior Sports Reporter Randall Williams joins David Gura and Christina Ruffini on the couch of Bloomberg This Weekend and explains that the expanded FIFA World Cup has shattered attendance records and delivered a significant tourism and economic boost to host cities across the US, with packed stadiums and fan zones driving spending.

Read more
Bloomberg

America250 Looks Beyond July 4 Celebrations

America250 Commissioner Reginald Browne joins Bloomberg This Weekend and says the congressionally created initiative met its goal of engaging Americans in the nation's 250th anniversary celebrations and views the commemoration as an ongoing effort that will continue beyond this year's events. Browne explains to hosts David Gura and Christina Ruffini how private sponsors helped offset a federal funding shortfall and describes the Trump administration's Freedom250 initiative as complementary rather than competitive, broadening participation in the anniversary.

Read more
Bloomberg

Semiconductor Stocks Slide Amid AI Spending Concerns

Bloomberg Technology & Strategic Industries Senior Editor Mike Shepard says semiconductor stocks have come under pressure as investors question whether the rapid pace of AI infrastructure spending can be sustained beyond 2026, despite continued commitments from major technology companies. Shepard also explains to hosts of Bloomberg This Weekend David Gura and Christina Ruffini SK Hynix's planned US ADR debut will give American investors easier access to one of the world's leading AI memory-chip suppliers while helping fund the company's continued expansion.

Read more
Bloomberg

Iran War Looms Over NATO Summit

President Trump heads to Turkey this week, where NATO leaders will hold a crucial meeting. Bloomberg News Middle Easter Reporter Dan Williams joins David Gura and Christina Ruffini on Bloomberg This Weekend and explains that the NATO summit will focus on defense spending and support for Ukraine, but will also be shaped by the aftermath of the US-Iran conflict and questions about Washington's long-term commitment to the alliance.

Read more
Grafa
Insights

Why metals producers are shifting capital out of upstream aluminium

  • South32 (ASX:S32) has agreed to sell its aluminium value chain assets to Alcoa (NYSE:AA) for up to US$5.6 billion.
  • The structural asset reallocation ties the valuations of upstream mining firms directly to base metal production growth.
  • Geopolitical instability and evolving raw supply pipelines remain the primary operational risks facing global smelting networks.
Read more
Grafa
Insights

Amazon faces heavy Australian regulatory penalties over unfair streaming contracts

  • The Australian Competition and Consumer Commission has initiated Federal Court proceedings against Amazon, alleging unfair contract terms following the 2024 introduction of ads on its Prime Video service.
  • Amazon faces this lawsuit amid a broader 2026-27 ACCC compliance push targeting standard form contracts and cancellation policies, which currently underpin the revenue models for global streaming services.
  • Streaming platforms now operate under stricter 2026 legislation requiring consistent investment in Australian content, forcing providers to balance increased production costs against rising subscription fees.
Read more