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Trump Shifts Messaging from Iran to Economy

Bloomberg News White House Correspondent Jeff Mason joins Bloomberg This Weekend and explains that President Donald Trump is increasingly shifting his public message from the conflict with Iran back to the economy, highlighting lower oil and gasoline prices as the White House seeks to refocus on voters' economic concerns ahead of the midterms. And yet, a recent report has come out that a missed intelligence update and disconnected Pentagon databases contributed to a deadly strike on a former Iranian military site that had been converted into an elementary school Bloomberg News Technology & National Security Reporter Katrina Manson explains to hosts David Gura and Christina Ruffini.

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Bloomberg

High Schools Emphasizing Personal Finance Education

39 US states now require students to complete a personal finance course to graduate, up from just one state in 1998. Senior Advocacy Director for the Council for Economic Education Leslie Finnan explains that students who take these courses tend to make better financial decisions, have higher credit scores, and manage student loans more responsibly. Bloomberg This Weekend's Lisa Mateo also spoke with Brooklyn Preparatory High School Assistant Principal and Financial Literacy Educator Diana Isern about the curriculum of a modern finance class.

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Bloomberg

Can USMCA Survive Trump's Second Term?

As Canada, Mexico, and the United States begin reviewing the USMCA trade pact, former diplomats and trade negotiators say the stakes extend far beyond tariffs. Former Canadian Ambassador Kirsten Hillman, former Mexican Ambassador Gerónimo Gutiérrez, and former US trade counsel Kelly Ann Shaw argue that the agreement now underpins everything from supply chains and agriculture to intellectual property and investment. While disagreements remain over autos, China, and industrial policy, all three say the bigger question is whether North America can strengthen its economic integration while adapting to a rapidly changing geopolitical environment.

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Bloomberg

Strategist Sees WTI Falling to $40 a Barrel

Rising oil prices are accelerating a supply glut in the Western Hemisphere, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone argues that growing production and improving technology could drive WTI crude down to $40 a barrel. McGlone explains to David Gura and Christina Ruffini on Bloomberg This Weekend that gas prices are likely to be lower by the midterm elections, but warns that such declines have often coincided with weakness in the stock market.

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Bloomberg

Fmr. Deputy National Security Advisor Warns Trump Rhetoric Risks Iran Talks

While the Iran ceasefire remains intact despite recent exchanges of fire, Former Deputy National Security Advisor Ben Rhodes warned it could unravel if tit-for-tat strikes escalate or hardliners on either side gain the upper hand. He argued to hosts of Bloomberg This Weekend David Gura and Christina Ruffini that President Donald Trump's public threats and rhetoric risk undermining negotiations by strengthening Iranian hardliners and making it harder for negotiators to secure a nuclear agreement.

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Bloomberg

Why the US Needs its Neighbors for Energy

Unlike autos or agriculture, North America's energy trade does not function as a single, integrated three-country system. Instead, it operates through two powerful bilateral relationships: Canadian oil flowing south into US refineries and American natural gas powering Mexico's economy. Howard Energy Partners CEO Mike Howard says roughly 70% of Mexico's energy comes from the United States, while former Canada Energy Regulator CEO Gitane De Silva notes that about 60% of US oil imports originate in Canada. As USMCA negotiations approach, energy executives, regulators, and policy experts largely agree on one thing: the current arrangement works remarkably well, and the best outcome may be to leave it largely untouched.

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Bloomberg

Panama Canal Sees Revenue Boost Amid Iran Conflict

The ongoing conflict involving Iran has indirectly benefited Panama as more ships seeking alternative routes to transport commodities globally, following disruptions in the Strait of Hormuz. Former vice foreign minister of Panama and senior adviser at the Center for Strategic Studies Carlos Ruiz-Hernandez joins Bloomberg This Weekend and explains to hosts David Gura and Christina Ruffini how the Panama Canal Authority is proactively managing the surge by anticipating risks and preparing to handle near-capacity traffic.

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Grafa
Insights

Brand over star: Why Nine picked advertisers over Karl Stefanovic

  • Nine Entertainment is negotiating the early exit of veteran breakfast television presenter Karl Stefanovic following a controversial independent podcast interview.
  • The media company faces immediate risk of targeted consumer boycott campaigns from activist groups, threatening its core advertising streams.
  • The structural pivot reflects a broader sector mandate where traditional media networks prioritise advertiser-safe branding over individual talent retention.
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Grafa
Insights

Energy shocks and sticky costs keep Aussie equities guessing

  • Headline inflation in Australia slowed to 4% in May, down from 4.2% in April, primarily dragged lower by a monthly drop of 11.9% in automotive fuel prices.
  • Core underlying pressures intensified as the trimmed mean metric accelerated from 3.4% to 3.6%, alongside a 6.5% rise in annual housing costs and a 21.1% spike in electricity expenses.
  • Persistent structural inflation maintains pressure on the Reserve Bank of Australia regarding its 4.35% cash rate, forcing major consumer, defensive, and retail entities to manage fluctuating operating margins and shifting household disposable income.
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