Crypto Breaking News

War in Ukraine, conflict in the Middle East and the rise of China have pushed national security back to the center of US economic and industrial strategy. Former Defense Secretary Mark Esper says the country needs to spend more on defense and better use cutting-edge weapons coming out of places like Silicon Valley, Austin and Boston. The opportunity is particularly striking in space, where companies like Apex Space are trying to industrialize satellite production as the US considers ambitious projects like Golden Dome . But the new defense-tech boom still faces hard questions: will the Pentagon procure quickly enough; will startups scale production; is space-based missile defense technically and financially realistic; and will the future belong to startups, legacy primes, or a marriage between the two?

Calls to slow AI development may create near-term uncertainty for markets, but BMO Capital Markets' Jennifer Lee is on Bloomberg This Weekend and says the technology's infrastructure, investment and demand are unlikely to reverse course. She says concerns about jobs, data centers and profitability could temper the pace of growth, even as labor shortages and the push for automation keep AI's longer-term economic expansion intact.

Rapid advances in AI and incidents involving autonomous AI agents are intensifying concerns that safeguards and government oversight are failing to keep pace with the technology. Bloomberg Opinion Columnist Gautam Mukunda argues on Bloomberg This Weekend that voluntary industry measures are insufficient and says stronger independent oversight and legal accountability may be needed as increasingly capable systems act in unexpected ways.

Therapists are experimenting with AI twins that can mimic how they communicate, giving patients greater access while allowing practitioners to scale their time. Journalist and Bloomberg Features Writer Isabel Woodford joins David Gura and Christina Ruffini on Bloomberg This Weekend and examines the potential benefits alongside concerns about safety, liability and whether increasingly capable AI could reshape the economics and intimacy of therapy.

Gulf states are weighing how to respond to Iran's push for a new arrangement governing the Strait of Hormuz as continued attacks threaten shipping and drive up energy costs. On Bloomberg This Weekend,  Bloomberg News Middle East Reporter Dan Williams and Bloomberg News White House Correspondent Skylar Woodhouse discuss growing regional frustration with the conflict, pressure on US allies and signs Gulf governments may be looking for a larger role in shaping a path forward.

Scotland produces far more wind power than its grid can handle, forcing turbines to be shut down when supply exceeds demand or transmission capacity. Developers now see a possible solution: build data centers close to the surplus power, turning wasted wind into compute capacity for AI and the digital economy.

The AI industry is confronting a growing tension between racing to build more powerful systems and concerns that those systems could become harder to understand and control. Joining David Gura and Christina Ruffini on Bloomberg This Weekend are Bloomberg Opinion Technology Columnist Parmy Olson and Bloomberg News Executive Editor Technology & Strategic Industries Mike Shepard. Olson and Shepard examine the commercial and national security forces driving development, the push for greater industry coordination and government oversight, and why meaningful guardrails remain difficult to establish.

Bitcoin has spent a decade being described as digital property. This month it started acting like collateral against the physical kind.

Joining David Gura on Bloomberg This Weekend, Stanford Spogli Institute for International Studies Senior Fellow Francis Fukuyama says the Iran war risks repeating lessons from Iraq and Afghanistan, arguing that military power alone is unlikely to produce lasting political change. In discussing his new memoir, In the Realm of the Last Man, he also warns that the rapid advance of AI could outpace governments' ability to regulate it and challenge the role that work plays in giving people purpose.

PNC Chief Investment Officer Amanda Agati is on Bloomberg This Weekend and says the Fed faces a difficult decision as energy-driven inflation pushes markets toward expectations for higher rates, warning that further tightening could risk a policy error. Agati also tells hosts David Gura and Christina Ruffini investors are also adjusting to the prospect of a longer Iran war, while strong corporate earnings have pushed concerns about AI spending further into the background.

Former US Energy Secretary Ernest Moniz says the loss of IAEA access to Iran has created a serious monitoring gap that makes it increasingly difficult to determine the status of the country's nuclear program. Moniz also warns hosts David Gura and Christina Ruffini that tight global supplies of diesel and other refined fuels could face additional pressure as US refineries, already running near capacity, approach their fall maintenance season.

Bloomberg Pursuits Global Luxury Editor editor Chris Rovzar says luxury shoppers are increasingly prioritizing price, quality and lasting value over labels, helping brands such as Coach and Ralph Lauren gain ground as parts of the broader luxury industry struggle. Joining David Gura and Christina Ruffini on Bloomberg This Weekend, Rovzar explains that New York Fashion Week is also showing renewed momentum for American fashion, with heritage brands and designers embracing color, archival influences and more accessible luxury.