BMO US President Aron Levine says they are seeing their clients work through many different scenarios when it comes to the integration of AI, but that there are signs of growth across many different sectors. He also gives his reaction to Fed Chair Kevin Warsh's speech at the Jackson Hole Symposium. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'
Bloomberg Businessweek looks back on the past six months of the US war with Iran, including how President Trump's timeline for the conflict has shifted as talks with Tehran remain mostly stalled. Bloomberg News White House and National Security Editor Michelle Jamrisko discusses how the war has evolved, and what might come next.
President Trump vowed this week to hike tariffs on Canadian cars, trucks, automotive parts, and steel to 50% at the start of next year as part of an ongoing trade war threat with the country. Linda Hasenfratz, Executive Chair of Linamar, says that after decades of free trade in automotives between he US and Canada, the implementation of such high tariffs would "cripple the industry."
Cisco President and Chief Product Officer Jeetu Patel explains how artificial intelligence will benefit the education system on "Bloomberg The Close."
Andrew Slimmon, managing director and head of applied equity advisors at Morgan Stanley, says he's happy with what Federal Reserve Chair Kevin Warsh said during his speech at Jackson Hole and he remains consistent. Slimmon says the threat of an interest rate hike is causing a change in leadership in stock markets. He shares more on "Bloomberg The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Lisa Mateo and Tim Stenovec.
Bloomberg's Zijia Song joins Scarlet Fu and Tom Keene on "Bloomberg Money." Almost three-quarters of US adults feel guilty when they spend on things that bring them joy instead of putting the money toward their financial goals.
Bloomberg's Sarah Foster joins Scarlet Fu on "Bloomberg Money." In 2022 Congress tweaked the rules covering 529 plans. Now, people without kids are now able to pour money into those accounts after hitting the annual limits for contributing to their retirement plans treating the 529 as a backdoor for funding a Roth IRA.
Bloomberg's Taylor Nicole Rogers joins Scarlet Fu on "Bloomberg Money." As US employers brace for the largest price hikes on employee health plans in 15 years, a growing number are opting out of group insurance altogether. Instead of providing medical benefits directly, more than 20,000 companies entered Health Reimbursement Arrangements (HRA) in 2026.
Nela Richardson, chief economist & ESG officer with ADP and Bloomberg contributor, joins Scarlet Fu on "Bloomberg Money." They discuss how all parts of the economy are getting more expensive and how Americans are handling rising prices.
ACT has proposed a 12-month tax exemption for qualifying crypto gains held by individual retail investors.
Dallas Fed economists estimate tokenised deposits could reduce US banks’ capacity by about US$700 billion.
Bitcoin (CRYPTO:BTC) recovered above US$79,000 after briefly falling towards US$78,200 following Trump’s tariff threat.
A Federal Reserve Bank of Cleveland study found beliefs about crypto returns help explain who owns cryptocurrency.
Trump Media & Technology Group has dropped Truth Predict plans and will market Crypto.com’s prediction products instead.
Ledger says it was not hacked after researchers reproduced a vulnerability in its outdated Ethereum app.
Bithumb has won two lawsuits seeking money from users who sold Bitcoin (CRYPTO:BTC) after a mistaken credit.
The Sandbox will repay eligible SAND holders after a bridge exploit drained 14.744 million SAND, worth about US$700,000.
The UK plans to give the Bank of England a secondary role supporting payment innovation, including stablecoins.
Polish Olympic Committee president Radosław Piesiewicz was arrested during a probe into suspected financial benefits linked to Zondacrypto.
Bitcoin (CRYPTO:BTC) reclaimed $80,000 on August 27 after breaking above $79,000 resistance.
The US Securities and Exchange Commission sued 38 entities over allegedly false adviser filings.
Charles Schwab plans to add Solana (CRYPTO:SOL), Avalanche (CRYPTO:AVAX) and Chainlink (CRYPTO:LINK) to Schwab Crypto.
