While sitting for a "Bloomberg Money Stuff" podcast episode taping, Saba Capital Management CIO Boaz Weinstein speaks about private credit "infecting" public markets.
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 Tim Stenovec.
A federal judge rejected Justice Department subpoenas seeking records from the Federal Reserve Board related to its headquarters renovations and Chair Jerome Powell's comments to Congress. The judge said the government had no evidence to justify the subpoenas and they reflected an "improper motive" of retaliating against Powell over policy differences. The US Attorney's Office for the District of Columbia said they would appeal the decision, which was welcomed by a Republican senator who called the investigation "a failed attack on Fed independence". Bloomberg's Elliot Stein joins to discuss.
Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.
With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.
The 2026 Golden Globes will be remembered for two things: the films that won and the moment the crypto betting platform "Polymarket" ticker became as ubiquitous as the champagne.
For the first time in award show history, a blockchain-based prediction market was the "exclusive prediction market partner" of a major Hollywood broadcast.
Trump used his Davos speech to tout US economic dominance, promote crypto, and revive his push for Greenland.
Bitcoin is holding above $92,000, but weak ETF flows and macro uncertainty are testing traders’ confidence in a market bottom.
December’s CPI landed exactly at 2.7%, with a slightly cooler core print giving markets mild relief but no big Fed pivot.
"The companies do not have an interest right now, nor is there enough money for insurance to transit those ships through the Strait," says Port of Los Angeles Executive Director Gene Seroka as he discusses shipping disruptions related to the Iran War and the Strait of Hormuz.
MicroStrategy founder Michael Saylor suggested the company’s continued Bitcoin buying may precede future supply squeezes, arguing markets often react only after sustained accumulation tightens available supply.
Bitcoin has outperformed gold and the Nasdaq 100 since the start of the US-Iran conflict on February 28, gaining about 7% over the period, according to data shared by Arthur Hayes.
Donald Trump’s Solana-based meme coin TRUMP briefly surged more than 10% after organisers announced an exclusive event for top token holders at the president’s Mar-a-Lago estate on April 25.