Skip to main content

Crypto Breaking News

Every story in this category, newest first.

Bloomberg

Graduate Schools Face Crisis During Trump Admin

Bloomberg's Liam Knox joins Scarlet Fu and Tom Keene on "Bloomberg Money." Graduate schools have been a financial cornerstone of the US higher education system for decades. Now, at universities across the country, major cracks are showing in that foundation. The common denominator is President Donald Trump, whose campaign to reshape academia has sent the $100 billion grad school market into a tailspin.

Read more: Graduate Schools Face Crisis During Trump Admin
Bloomberg

Retirement Gets More Costly, Health Expenses Spike Higher

Bloomberg's David Gura and Nikki Waller join Scarlet Fu and Tom Keene on "Bloomberg Money." People retiring this year can expect medical expenses to take a significantly bigger bite of their savings, according to a new report from Fidelity Investments. Average lifetime healthcare expenses for a 65-year-old retiring in 2026 are projected to rise 7.5%, following increases of 5% last year and 4% in 2024, Fidelity said.

Read more: Retirement Gets More Costly, Health Expenses Spike Higher
Bloomberg

Early Tesla Employee: Tesla's a Physical AI Company

Gene Berdichevsky, an early Tesla employee & Sila Nanotechnologies CEO & Co-Founder, discusses Tesla's significant decline in its stock price over the week, driven by investor concerns about increased spending on artificial intelligence and a drop in profits. Despite the overall negative sentiment, Tesla reported a bright spot in its energy storage business, achieving record deployment levels in the Europe, Middle East, and Africa (EMEA) region. He speaks with Katie Greifeld on "The Close."

Read more: Early Tesla Employee: Tesla's a Physical AI Company
Bloomberg

US Weighs Putting Nuclear Power Plants in Ocean Waters

The Trump administration is exploring the potential for nuclear power projects in the 3.2 billion acres of federal waters managed by the US government. An agreement announced Wednesday between the Interior Department's Marine Minerals Administration and the US Nuclear Regulatory Commission is intended to strengthen cooperation between the agencies as they evaluate the possibility of deploying undersea nuclear power plants. For more, we spoke with Dr. Noel Hacegaba, CEO of the Port of Long Beach. He spoke with Bloomberg's Joe Mathieu on Balance of Power.

Read more: US Weighs Putting Nuclear Power Plants in Ocean Waters
Bloomberg

Ireland's Ambassador to US Wants to 'Stabilize' Trade

Geraldine Byrne Nason, Ambassador of Ireland to the United States, says it's in Ireland's interest to "stabilize" trade relations with the US and EU. President Donald Trump threatened new tariffs on goods from the European Union in retaliation for a $1 billion ( 890 million) fine placed on Alphabet's Google. Ambassador Nason calls this "disappointing." She speaks on "Balance of Power."

Read more: Ireland's Ambassador to US Wants to 'Stabilize' Trade
Bloomberg

Viking Admits It Missed the AI Rally

With AI stocks soaring this year, Viking Global Investors told clients that its conservative position on the sector was a "missed opportunity." The firm's flagship hedge fund gained just 2.6% in the first half of the year, trailing peers with greater AI exposure. And yet, the firm doesn't plan to change course. Bloomberg's Hema Parmar joins Ed Ludlow on "Bloomberg Tech."

Read more: Viking Admits It Missed the AI Rally
Bloomberg

Trump Seethes as Iran War Spirals Anew With No End in Sight

President Donald Trump has increasingly flashed frustration with the war in Iran, as the conflict that his team once predicted would end in a matter of weeks stretches into its fifth month and fighting intensifies. Tom Karako, director of the missile defense project at the Center for Strategic and International Studies, joined Balance of Power saying Iran's ability to continue firing missiles shows the limits of the US fighting by air and not on land.

Read more: Trump Seethes as Iran War Spirals Anew With No End in Sight
Bloomberg

'Inference Speed Makes Markets Bigger,' says Cerebras CEO

AMD is teaming up with Cerebras on a new server designed to slash response times, taking direct aim at Nvidia and promising some of the fastest AI systems on the market. Cerebras CEO Andrew Feldman explains how the partnership works, why speed is becoming the next battleground in AI infrastructure, and what it means for the rapidly evolving AI chip market. He joins Ed Ludlow on "Bloomberg Tech."

Read more: 'Inference Speed Makes Markets Bigger,' says Cerebras CEO