Australia Breaking News

Matthew McQueen, head of global FICC micro overseeing mortgages & securitized products, municipal banking & markets, and global credit at Bank of America, joins Scarlet Fu on "Bloomberg Real Yield."

Representative Greg Landsman, an Ohio Democrat, said the lapse of a law permitting foreign surveillance will make it harder for law enforcement to keep the country safe. Landsman said that during the world cup and ongoing conflict with Iran, concerns about US safety are 'very serious' and said that someone in the intelligence community or congress should stand up and 'be the adult in the room.'

Bloomberg's Michelle Kaske joins Scarlet Fu on "Bloomberg Real Yield." The entities transforming New York's Penn Station are slated to learn how much federal money will be directed to the project in about six months, according to Peter Cipriano, CEO of the Halmar-Skanska consortium, the renovation's master developer.

Kay Herr, CIO of US GFICC at JPMorgan Asset Management, joins Scarlet Fu on "Bloomberg Real Yield." Fears of a stagflation shock from the Middle East conflict are increasingly souring investor sentiment toward the weakest global corporate borrowers, many of which binged on cheap debt during the era of ultra-low interest rates.

Nisha Patel, SMA fixed income portfolio manager at Parametric, joins Scarlet Fu on "Bloomberg Real Yield."

President Donald Trump said he canceled planned military strikes against Iran, citing what he said were "discussions" that "have been brought to the highest level of Iranian leadership" surrounding a negotiated end to the war. Tyler Kendall reports on Bloomberg Television.

As SpaceXAI heads toward its IPO, investors are betting on more than rockets and chatbots: the company says enterprise AI represents a $26 trillion opportunity. But can Grok actually win corporate customers? One of the few companies putting it to work is Gopuff, which built its new AI shopping assistant on xAI's models. Gopuff co-CEO Rafael Ilishayev joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Nisha Patel, SMA fixed income portfolio manager at Parametric, and Guneet Dhingra, head of US rates strategy at BNP Paribas join Scarlet Fu on "Bloomberg Real Yield." US producer prices rose in May at the fastest pace in more than three years as the fallout from the Iran war continued to fan inflation pressures.

Seven Seven Six founder and Reddit co-founder Alexis Ohanian says the SpaceX IPO feels like a milestone moment and will fuel new investment in the space economy. He also weighs in on the AI IPOs in the pipeline, from OpenAI to Anthropic, and how they will impact venture capital. He joins Bloomberg's Dani Burger on the sidelines of the annual SuperReturn conference in Berlin.

DigitalBridge CEO Marc Ganzi joined Bloomberg Open Interest to explain why AI's next bottleneck is power, not just chips or data centers. He breaks down the ArcLight acquisition, the company's massive gigawatt pipeline, and why he thinks space-based data centers are still more "science project" than real infrastructure strategy.

After hitting 500 episodes, Rapper N.O.R.E & DJ EFN, hosts of the show 'Drink Champs,' discuss what they wanted from the show when it first started, and how it came to be. The two discuss their music careers, hip-hop culture, and their experience navigating the business side of it all. They speak with Romaine Bostick on "The Close."

Marathon Asset Management CEO, Chairman and co-founder Bruce Richards says SpaceX's level of debt are normal ahead of its expected initial public offering. He says the company is very well positioned across the board. He speaks on "Bloomberg Open Interest."