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Bloomberg

Governors Push State Solutions on Costs

Governors from Oklahoma, Maryland and Delaware say states remain the nation's laboratories of democracy, sharing policy ideas on housing, education, child care and energy while arguing that affordability is the top concern for voters across party lines. They say states cannot control inflation or global energy prices but can lower costs through housing supply, consumer protections, child care investments and policies that encourage economic growth while managing the impact of AI and data centers.

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Bloomberg

Nides Says Iran War Needs Negotiations

Former US Ambassador to Israel Tom Nides says there is no lasting military solution to the conflict with Iran, arguing that renewed negotiations involving regional allies offer the only realistic path to reopening the Strait of Hormuz and addressing Tehran's nuclear program. He also says regime change in Iran is not a practical near-term objective and that Israeli Prime Minister Benjamin Netanyahu faces growing domestic political pressure as the conflict continues without a clear resolution.

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Bloomberg

By The Way: Headlines You May Have Missed the Week of 8/02

Younger Chinese professionals moving away from the traditional baijiu drinking culture, premium bottled water gaining traction with wellness-focused consumers, and historic government buildings across Europe being converted into luxury hotels. Bloomberg News' Nathan Hager joins David Gura and Christina Ruffini on Bloomberg This Weekend to share headlines you may have missed.

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Bloomberg

SpaceX IPO Faces First Reality Check

Bloomberg Space Reporter Loren Grush says investors will use SpaceX's first public earnings report to gauge progress on Starship, Starlink, AI infrastructure and the company's long-term growth strategy following its blockbuster IPO. She says Starship's latest test marks meaningful progress, but major technical hurdles remain before the rocket can support rapid reuse and ambitious missions to the Moon and Mars.

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Bloomberg

Trump Pauses Iran Strikes as Talks Resume

Bloomberg's Jeff Mason and Dan Williams say President Donald Trump is pausing planned military action against Iran to allow negotiations over the Strait of Hormuz and Iran's nuclear program to continue, while warning the pause depends on reaching a deal quickly. They say Israel remains cautious, Gulf states are increasingly pursuing their own security strategies, and any agreement on shipping through Hormuz could reshape the regional balance of power even as broader conflicts in Gaza and Lebanon continue.

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Insights

AI assistants enter crypto as wallet access expands

  • Anthropic's Claude AI has gained access to Google Wallet for cryptocurrency, allowing the assistant to interact with supported blockchain wallet data through Google's infrastructure.
  • The update highlights growing links between artificial intelligence, digital wallets and blockchain applications, with wallet providers expanding support for programmable financial services.
  • Privacy protections, wallet security and user permission controls remain the main challenges as AI gains greater access to digital asset tools.
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Bloomberg

The Father of 401(k) Has A New Retirement Plan

Known as the "Father of 401(k)" Ted Benna has co-created Radish: a new employer-funded retirement plan that allows employees to access funds for immediate financial needs such as car repairs or medical expenses without relying on paycheck deductions. Joining David Gura and Christina Ruffini on Bloomberg This Weekend, Benna explains that while the original 401(k) succeeded in transforming workers into savers, many people now lack the financial ability to contribute.

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Bloomberg

Ukraine Gains Ground as Putin Faces Pressure

Former US Ambassador Bill Taylor joins Bloomberg This Weekend and says Ukraine maintains momentum on the battlefield despite intensified Russian missile attacks, while urging the US and its allies to accelerate deliveries of Patriot interceptors. Taylor explains to hosts David Gura and Christina Ruffini that mounting military losses and economic strain increase pressure on Russian President Vladimir Putin, even as Ukraine continues to press for more Western support.

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Bloomberg

Can Mergers Close Europe's Tech Gap?

The European Union is rewriting its merger rules for the first time in two decades, hoping to create business "champions" capable of competing with the US. Ingrid Vandenborre of Skadden and Yale's Fiona Scott Morton break down what's changing, why it matters for investors, and whether competition policy can really solve Europe's innovation problem.

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Bloomberg

Wildfires Spread Across Southern Europe

Bloomberg Athens Deputy Bureau Chief Paul Tugwell says Greece's wildfire response is under severe strain as gale-force winds, dry conditions and difficult terrain hamper firefighting efforts, with major blazes continuing to spread in central and southern parts of the country. He says European Union countries are coordinating firefighting resources across borders as climate change extends the wildfire season and raises concerns about the long-term economic and insurance costs of increasingly destructive fires.

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