Crypto Breaking News

Classic cars aren't just collectibles anymore,  they're becoming a serious asset class. Eden Cooper, Founder of Drift Capital, breaks down how his fund invests in the world's rarest cars, from a $5 million Ferrari F40 to a record-setting Porsche Carrera GT. As younger collectors drive demand for 90s and 2000s analog supercars, returns are topping 30%, reshaping the alternative investment landscape.

Russia is providing Iran with different forms of intelligence as it strikes back against the US, Israel and Gulf allies according to Bloomberg sources. This as the Trump administration is taking different steps to try and keep the price of oil down. Bloomberg's Julian Lee reports.

Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth.

The preliminary March University of Michigan consumer sentiment index fell to 55.5, reflecting growing consumer concerns amid the onset of conflict in Iran. University of Michigan Surveys of Consumers Director Joanne Hsu explains that a significant factor in the decline was a drop in expected personal finances. She speaks on "Bloomberg Open Interest."

The US says expect another day of intense strike on Iran as the Trump administration comes under more pressure with oil prices hovering near $100 a barrel. Bloomberg's Annmarie Hordern has the latest.

"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.

Iran's regime is "definitely intact" and in control, says Amos Hochstein, a former top advisor to President Joe Biden and current partner at TWG Global. He also talks about the disruption to the global oil supply on Bloomberg Surveillance.

A wave of US economic data came out Friday morning. Consumer spending barely moved upward, the US economy expanded at a 0.7% annualized rate in the fourth quarter and the so-called core PCE index rose 0.4% from December. Michael McKee has a first look.

Eva Scherer, CFO of Daimler Truck, the world's largest truck maker, discusses trade and tariff risks, production flexibility, demand, and how the company is navigating Middle East tensions in an exclusive interview with Bloomberg TV's Vonnie Quinn.

Seema Shah, chief global strategist at Principal Asset Management, discusses the "real contrast" she sees in how equity and bond markets are responding to the Iran war and crude oil hovering around $100.

From Skype to Spotify, Sweden has become one of Europe's most powerful tech incubators. With just 10 million people, the country has produced 46 unicorns and thousands of startups though even its biggest success stories face bumps along the way. Bloomberg's Tom Mackenzie explains.

The Fed is widely expected to hold rates steady next week as investors trim bets on a rate cut this year. Amol Shitole, Mashreq Capital's Fixed Income Head spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on fixed income markets reaction to the situation in the GCC region.