Crypto Breaking News

Nouriel Roubini, CEO of Roubini Macro Associates, says even if you raise the retirement age, a large part of the population will be replaced by AI and robots at their jobs in the next 20 or 25 years. He speaks on "Bloomberg Money."

President Donald Trump accused China of interfering with US elections in 2020, threatening to upend ties with the world's second-biggest economy as he focuses on securing a victory in the midterms in November. Speaking in a prime-time address from the White House on Thursday night, Trump said the Chinese government stole 220 million voter files, including names, addresses and other sensitive data in what is "believed to be the largest compromise of election data in history" claims that US intelligence agencies have previously debunked. We get reaction from Stephen Richer, Legal Fellow with Cato Institute's Robert A. Levy Center for Constitutional Studies.

The US and Iran intensified their attacks beyond military targets during a sixth straight day of hostilities, increasing fears of a return to full war with no agreement reached over the Strait of Hormuz. The US hit southern Iran overnight, striking six road bridges, according to Iranian state media. There were separate reports of attacks on the southern town of Bushehr, which houses the country's only nuclear power plant, and the western province of Lorestan. The tower in Chabahar port was destroyed on Friday, the US Central Command confirmed in a post on X. For more, we spoke with Ilan Goldenberg, SVP & Chief Policy Officer at J Street. He says the US has no good options when it comes to ending the war with Iran.

Globally, soccer is unmatched, but here in the United States, soccer trails behind the NFL, NBA, MLB and even NHL. Can the World Cup give the sport a boost? Randall Williams has more on the outlook for soccer and why so many star players leave the country in this episode of Sports City.

Mark Wilf, Owner of Orlando City SC, Orlando Pride and the Minnesota Vikings, discusses the impact of the World Cup in relation to the growth of MLS in the United States. He says that the world has taken notice of the enthusiasm of soccer fans in the United States, and the future business opportunities for MLS are exciting. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Mark Wilf, Owner of Orlando SC and the Minnesota Vikings, discusses the impact of the World Cup in relation to the growth of MLS in the United States. He says that the world has taken notice of the enthusiasm of soccer fans in the United States, and the future business opportunities for MLS are exciting. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Apple and the US Justice Department are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws. Mark Gurman reports on "Balance of Power."

Netflix Inc. shares fell the most in more than four years after the company forecast a second consecutive quarter of slowing sales growth, contributing to investor anxiety about the streaming giant's future.  Bloomberg Intelligence US Media Analyst Geetha Ranganathan discusses Netflix's waning engagement and what the pullback means for the broader media sector.

Former United States deputy secretary of state Stephen Biegun discusses his latest visit to Ukraine and where the war with Russia stands. He also discusses North Korea in an interview with David Gura in Aspen Colorado.

America's power grid is facing a new challenge: explosive electricity demand from AI and data centers. LS Power CEO Paul Segal joined Bloomberg Open Interest to explain why the US needs massive investments in transmission, batteries, natural gas, and renewables to keep the lights on, and why he believes natural gas will remain a cornerstone of the energy system for decades.

The University of Michigan says consumers are feeling better, but they're still worried about rising inflation. The latest survey shows sentiment at a five-month high, but consumers still expect prices to rise at an annual rate of 4.2% over the next year. Joanne Hsu, University of Michigan Surveys of Consumers Director, talks about the results on "Bloomberg Open Interest."

Builders increased multifamily starts in June by more than 76% to an annual rate of 532,000, following a nearly 40% plunge month earlier. Lisa Pendergast, Executive Director for the CRE Finance Council, discusses the path ahead for commercial real estate and the office to residential trend.