Bessent says US seized $1B crypto
US Treasury Secretary Scott Bessent said the US government has seized roughly $1 billion worth of cryptocurrency from Iran as part of its efforts to disrupt financial networks linked to the country.
US Treasury Secretary Scott Bessent said the US government has seized roughly $1 billion worth of cryptocurrency from Iran as part of its efforts to disrupt financial networks linked to the country.
Alex Mashinsky, the founder and former chief executive of Celsius, has filed a motion in the US District Court for the Southern District of New York seeking to vacate the 12-year prison sentence imposed for crypto fraud.
SpaceX has won a contract for more than $4 billion to build satellites to track foreign aircraft and missiles as part of President Donald Trump's Golden Dome defensive shield. Bloomberg's Sana Pashanka reports.
Stephanie Aliaga, JPMorgan Asset Management Global Market Strategist joined Bloomberg Businessweek Daily to discuss AI trends and how it is changing how we view the markets. She stated that we are still in the beginning stages of the AI boom and we will see some more volatility as markets get it footing around the technology.
Anna Wong, chief US economist at Bloomberg Economics, joins Katie Greifeld on "Bloomberg Real Yield." Bloomberg Economics expects the May jobs report to show payrolls rising by 95,000.
Bloomberg's Anna Kaiser joins Katie Greifeld on "Bloomberg Real Yield." Florida Governor Ron DeSantis unveiled a much-awaited proposal to gradually eliminate property taxes on the vast majority of primary homes in the state, a measure that would transform the way the state finances itself.
Riyadh Air CEO Tony Douglas discusses the company's "historic" first plane deliveries to the US. Speaking on "Bloomberg The Close," Douglas also comments on the competitive environment and how the airline is handling fuel costs.
Dominique Toublan, head of US credit strategy Barclays, and Natalie Trevithick, managing director and head of investment grade corporates at Payden & Rygel, join Katie Greifeld on "Bloomberg Real Yield ."
The African Development Bank is working with countries already in tight fiscal situations to provide support as the war in the Middle East carries on. African Development Bank President Dr. Sidi Ould Tah talks about that effort and the fight against the Ebola outbreak with Bloomberg's Jennifer Zabasajja.
Priya Misra, portfolio manager of the Core Plus Bond ETF at JPMorgan Asset Management, joins Katie Greifeld on "Bloomberg Real Yield."
Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst, says "in terms of scale" he would put his money on Dell. Dell shares surged the most in two years on Friday after the hardware maker gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work.
Zach Shore, Hermeus President joined Balance of Power to discuss their Quarterhorse Mk 2.1 and how it just achieved it first unmanned flight. He also discussed the future of warfare and how the industry is starting to diversify.
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