The United States Senate has failed to pass the Digital Asset Market Clarity Act (H.R. 3633), commonly referred to as the Crypto CLARITY Act, before departing for its summer recess, according to a report from WatcherGuru.
Spelman College President, Dr. Ayanna Howard, sits down with Romaine Bostick to discuss the impact of federal funding rollbacks for HBCUs, and the impact of AI on college graduates.
John Foraker, Co-Founder and CEO of Once Upon a Farm, discussed the company's strong 42% sales growth in the recent quarter and expressed confidence in sustaining this momentum due to resilient consumer demand across baby and kid food categories. The company has raised its guidance for the full year and anticipates continued growth. He speaks with Romaine Bostick on "The Close."
Akamai's shares declined following the release of its second-quarter earnings report, despite the company beating earnings estimates. Tom Leighton, Co-Founder and CEO of Akamai, joined the program to discuss the company's performance and recent developments. He speaks with Romaine Bostick on "The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec.
Sony Pictures Entertainment Motion Picture Group Chairman and CEO Tom Rothman says this latest Spider-Man movie was deeper and more emotional than others in the franchise. He says "Spider-Man: Brand New Day" could be one of the studio's most profitable movies ever. Rothman also talks about ticket prices and making movies in California on "Bloomberg The Close."
Gen Digital's shares are reaching their highest levels in nearly a year following an upward revision of its earnings forecast. Vincent Pilette, President and CEO of Gen Digital, expressed strong confidence in sustaining double-digit growth over the coming quarters, driven by increased demand for cybersecurity solutions amid growing concerns related to AI and agentic technologies. He speaks with Romaine Bostick on "The Close."
Meredith Whitney, CEO of Meredith Whitney Advisory Group, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss Meredith's approach to personal investing and finance.
Brian Rolapp, CEO of PGA Tour, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the changing landscape of sports media coverage, the rising costs of streaming bills for consumers, and the evolution of the PGA Tour after the rise and fall of LIV Golf.
David Kelly, Chief Global Strategist at JPMorgan Asset Management, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how biased information influences investor behavior.
US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve's willingness to raise interest rates. The yield on two-year US Treasuries, which are sensitive to near-term moves in Fed monetary policy, fell as much as nine basis points on Friday to 4.15% as traders cut bets on interest-rate hikes in the coming months. The moves were pared later in the New York trading session as oil rose, though the two-year yield remained about four basis points lower on the day near 4.20%. We get reaction from Tom Tzitzouris, Head of Fixed Income Research at Baird Strategas.
The US Army wants to see new weapons on the battlefield faster. So the Pentagon will open up five military ranges to private industry to let them test drones, counter-drone technology, long-range missiles, low-cost air defense interceptors and other weapons. Bloomberg's Tyler Kendall sat down with US Army Secretary Dan Driscoll.
