Crypto Breaking News

Republican candidate for Congress in Arizona Jay Feely said that he is transparent with voters in Arizona and will embrace President Trump's endorsement in the general election as he prepares to speak at the RNC midterm convention. Feely, who is a former NFL kicker, said that while he is sure many people will watch the start of the NFL season over the convention, he believes people will tune in to see Republican midterm messaging.

Bloomberg's Mengqi Sun joins Scarlet Fu on "Bloomberg Deals." A significant shareholder in Xerox is pushing the company to take action to unlock shareholder value and is asking for a strategic review of its financial services business.

Bloomberg's Kiel Porter joins Scarlet Fu on "Bloomberg Deals." GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion, a deal that will significantly expand the jet-engine manufacturer's capacity for the critical components.

Apple unveils the iPhone Duo, the company's first foldable smartphone. Prices start at $1,999 and the phone will be available for preorder starting Oct. 16 in more than 70 countries and regions. Bloomberg's Ed Ludlow reports from Cupertino.

Mandeep Singh of Bloomberg Intelligence says it will be hard for a lot of people to upgrade to a $2,000 foldable iPhone from Apple.

US Agriculture Secretary Brooke Rollins says she is not running for Texas governor or a Senate seat for now. "That is a 'no' right now for sure," Rollins said while speaking to Bloomberg Television from the Republican midterm convention in Dallas. She is attending the event in her personal capacity.

Wendy Davis, a former Democratic state senator in Texas, says that having the midterm RNC Convention in Dallas will benefit Democrats by tying Republicans to the increasingly unpopular Trump administration. Davis also says redistricting in Texas could hurt the GOP. She speaks with Bloomberg's Julie Fine and Kailey Leinz in Dallas.

Bloomberg's Randall Williams joins Bloomberg Open Interest to break down why LIV Golf's financial model unraveled after losing Saudi backing, whether soaring NFL streaming costs are approaching a breaking point for fans, and why the Rams are betting their Australia travel strategy can deliver another international win.

Lotfi Karoui, Multi-Asset Credit Strategist at PIMCO joins Bloomberg Open Interest to talk about the health of credit markets and why cracks are emerging among the weakest borrowers. He explains why a coming wave of AI debt could force investors to become far more selective, and why downside protection and deal structure matter more than betting on the ultimate AI winner.

Covenant, a defense tech startup backed by Andreessen Horowitz, is emerging from stealth after raising over $250 million over three funding rounds. The firm has already signed military contracts across the US and Europe and says it can make cheaper heavy-payload, long-range cruise missiles. Covenant President and Chief Growth Officer Abby Denburg joins Ed Ludlow on "Bloomberg Tech."

An AI researcher has resigned from Anthropic and called on other staffers to rethink their work. He raises concerns that the company and its top competitor, OpenAI, are acting irresponsibly in their all-out pursuit of a technology that poses existential risks to humanity. Bloomberg's Mike Shepard joins Ed Ludlow on "Bloomberg Tech."

Brent oil topped $101 a barrel for the first time since July, as escalating attacks across the Middle East heightened concerns about further disruptions to energy flows. Bloomberg's Mike McGlone joins Bloomberg Intelligence to discuss.