Crypto Breaking News

Peter Orszag, chairman and CEO of Lazard joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss AI, retirement reform, Trump Accounts, and the next generation of investment bankers.

Stephen Moore, former economic advisor to President Trump and Unleash Prosperity chairman, said that Republicans are 'behind the eight ball' on the economy ahead of the midterms, but notes that there is still plenty of time for voters to make up their minds. Moore said that he wouldn't say the US has a 'great' economy but that it is still 'very strong.'

Michelle Brouhard, head of policy and geopolitical risk at trade data firm Kpler, said 'we continue to have high prices in crude' since freight rates are 100 times higher than they were this time last year amid heightened risk in getting oil out of the MidEast. Brouhard also discussed the impact Hurricane Isaias could have on oil as it makes its way through the gulf, saying if refinery capacity is taken out of commission the world could see a 'significant hike' in the price of refined oil products.

Workers running up their AI use, or 'tokenmaxxing,' has given way to value-maxing, but AI spend is still keeping chief financial officers up at night. Bloomberg's Nina Trentmann joins Ed Ludlow on "Bloomberg Tech" for a deep dive into this week's CFO Briefing Newsletter.

Kleiner Perkins partner Ilya Fushman says AI is still in the early stages of reshaping the economy, with opportunities extending from frontier models like Anthropic to consumer agents, autonomous vehicles and robotics. He discusses why the firm sees physical AI as a potential source of the next trillion-dollar companies, the rapid growth of leading private AI businesses, and why he's increasingly optimistic about both the IPO and M&A markets. He joins Ed Ludlow on "Bloomberg Tech."

The Trump administration has suspended Microsoft, Adobe and several other companies and universities from a program used to sponsor foreign workers for permanent residency, citing concerns about potential abuse. Erickson Immigration Group attorney Hiba Anver explains why restrictions on employment-based immigration could have broader implications for the technology industry's talent pipeline. She joins Ed Ludlow on "Bloomberg Tech."

Oracle is using a new power strategy to keep many of its data centers on track: trucking natural gas directly to the server farms. The company is considering using this approach to speed up a build in New Mexico, where a gas pipeline needed to help power one of its crucial data centers is delayed. He joins Ed Ludlow on "Bloomberg Tech."

Delta Air Lines Inc. reduced its full-year earnings outlook as jet fuel prices remain elevated, signaling mounting pressure on an airline industry whose smaller players are even less equipped to weather spiraling costs. Bloomberg's Chief Correspondent for Global Aviation, Sid Philip, joins to discuss.

Credit markets are again becoming jittery over the prospects of more mega debt deals hitting a market already flush with financings to pay for the AI arms race. Jared Gross, Head of Institutional Portfolio Strategy at JPMorgan Asset Management, discusses AI asset allocation and why he believes the AI buildout is indeed a boom, not a bubble.

Brooklyn Sports & Entertainment CEO Sam Zussman joins Bloomberg to discuss the New York Liberty's playoff push, how youth basketball and community clinics power the franchise's growth, and why live WNBA action and concerts at Barclays Center are drawing record crowds in an age of AI and tight consumer budgets.

Fort Lauderdale is no longer just a sleepy retirement town. New York developers and wealthy buyers from across the US are pouring into this booming waterfront city, drawn by luxury condos, better taxes, and a younger, vibrant lifestyle. Miki Naftali, the Chairman and CEO of Naftali Group joined Bloomberg Open Interest to talk about the South Florida luxury real estate boom.

Wall Street traders betting on a another solid earnings season sent stocks higher, with the market also gaining as oil prices eased. Aoifinn Devitt, Managing Director: Global Wealth at Moneta Group, discusses the markets, global inflation and economic growth in the US and abroad.