Crypto Breaking News

Onchain private credit platform 8lends is tackling traditional financing shortfalls by connecting real-world business loans directly to digital asset liquidity.

Decentralised compute protocol Gonka is building specialized infrastructure to lower the cost and latency barriers holding back artificial intelligence development.

Plague is one of history's most feared diseases, responsible for pandemics that killed tens of millions of people. Today, human cases are rare and can usually be treated with antibiotics. A suspected case of pneumonic plague in Siberia has renewed attention on the disease after a young worker at a Russian institute that studies plague and other dangerous infections died of severe pneumonia. Russian authorities told the World Health Organization that no case of plague has been recorded in the region. Still, the circumstances of the woman's death and the precautions taken afterward have prompted international scrutiny, with the WHO seeking more information from Russia. We speak with Dr. Amesh Aldaja, Senior Scholar at the Johns Hopkins Center for Health Security.

Yemen's internationally-recognized government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait intensifies. The Yemeni armed forces said they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis, according to Saba, a Yemeni news agency. Overnight, the Houthis said the Saudi Arabian military had launched around 60 airstrikes on parts of Yemen, including the capital, Sanaa. The Houthis said they responded by firing missiles and drones at the kingdom, and targeted the main airport in Riyadh. For a closer look, we speak with Jennifer Welch, Chief Geoeconomics Analyst for Bloomberg Economics.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Jess Menton, Carol Massar and Lisa Mateo.

Bloomberg's Mike McKee said that the Fed's decision to raise rates was unanimous among all nineteen members of the FOMC, including non-voting participants, according to minutes from the Fed's September meeting. McKee said the minutes showed that members feel that between inflation numbers, the geopolitical situation and AI buildout they are not making enough progress on inflation

Danny Danon, Israel's ambassador to the United Nations, said that he does not accept attempts to make the anniversary of the October 7 attack about the continued impact on Gaza, as it was 'Hamas ideology' that brought the attack and suffering in Gaza. Danon said that while the military retains presence in Gaza three years after the attack and one year after the 2025 ceasefire agreement, Israel has 'no desire to to stay in Gaza or to run the city of Gaza.'

David Friedland, co-head of North America investment banking at Citi, joins Dani Burger on "Bloomberg Deals." Private equity firms are still aggressively poaching talented young bankers from Wall Street despite indications last year that they would slow down.

Bloomberg's Liana Baker joins Dani Burger on "Bloomberg Deals." The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, in another change of hands for the pharmacy chain and a UK return for the former Selfridges owner.

Bloomberg's Randall Williams joins Dani Burger on "Bloomberg Deals." LIV Golf, a bankrupt golf tour backed by Saudi Arabia's sovereign wealth fund, is receiving a financing commitment of as much as $300 million from the credit arm of BC Partners, potentially obtaining the funding needed to launch a 2027 season.

David Friedland, co-head of North America investment banking at Citi, joins Dani Burger on "Bloomberg Deals." Citigroup is slashing the time its investment-banking analysts need to wait to advance to associate level, part of a push by the bank to attract and retain top talent in a fierce job market that's seen buyout firms poach aggressively from Wall Street.

Jessica Taylor, the Cook Political Report's Senate and governors editor, said that she is watching both Maine and Michigan as states where Democratic candidates may underperform in the midterm elections. Taylor said there are questions about Michigan Democrat Abdul El-Sayed's ability to reach Black and Jewish voters, even as Republican Mike Rogers races an uphill climb as she says 'the environment is difficult for a Republican in Michigan right now.' In Maine, Taylor said that despite the environment being 'perfect' for a democrat, incumbent Senator Susan Collins is still in the race.