Crypto Breaking News

As the United States, Canada, and Mexico prepare to renegotiate the USMCA trade deal, one industry sits squarely at the center of the debate: automobiles. Companies like Linamar depend on highly integrated supply chains that send components across borders multiple times before a vehicle is completed. Nobel laureate Paul Krugman argues that competition from China demands some trade barriers, while Council on Foreign Relations expert Shannon O'Neil says the region's manufacturing strength depends on cross-border production. Supporters of the agreement warn that uncertainty poses the biggest risk to investment, jobs, and the future of a trade relationship that supports over a trillion dollars in annual commerce.

As Ebola cases rise in the Democratic Republic of Congo and Uganda, Africa CDC's Director General Jean Kaseya says more funding from Western governments is needed to contain the outbreak. Kaseya warns that closing borders won't stop the virus from spreading.

The Anti-Human Trafficking Alliance has urged lawmakers to re-examine Section 604 of the Clarity Act, warning that the provision could make it harder to hold certain cryptocurrency platform developers legally accountable for their technology's role in facilitating human trafficking.

Switzerland's pharmaceutical sector is facing the prospect of a US trade investigation, with Interpharma — the Swiss pharmaceutical industry body — warning on 26 June that the country could be targeted over its drug pricing and reimbursement practices.

US House Democrat Maxine Waters has submitted an 11-page comment letter to the Department of Labor, requesting the withdrawal of a proposal that would allow 401(k) retirement plans to invest in alternative assets, including private equity, private credit, real estate, commodities, and digital assets.

(CRYPTO:SOL) surged approximately 9.7% in a single day, driving double-digit intraday gains across multiple stocks tied to Solana Digital Asset Treasuries (DATs) — companies that hold SOL as a primary treasury asset.

The CEOs and co-founders of Earn Your Leisure, Rashad Bilal and Troy Millings, explain their educational platform that looks to help individuals gain financial freedom and generational wealth. They discuss how to ride the tech stock wave with Romaine Bostick and Katie Greifeld on Bloomberg's "The Close."

Campbell Brown, Co-Founder and CEO of Forum AI, discusses the need for AI companies to open up for scrutiny. She discusses with Romaine Bostick on Bloomberg's "The Close."

Kathy Kriskey, Invesco's Alterative ETF Strategy Head, helps make sense of oil's drop as ships continue to cross through the Strait of Hormuz despite attacks. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

Dan Skelly, managing director and head of the equity model portfolio team at Morgan Stanley Wealth Management, joins Lisa Mateo and Tom Keene on "Bloomberg Money."

Margaret Nyambumo, founder of coffee company Kahawa 1893 and third-generation coffee farmer, said that she created the option to directly tip the female farmers who grow her coffee beans because she wanted to find a way to consistently and fairly compensate them regardless of fluctuation in coffee prices. Nyambumo said that the tips from customers which are matched by the company have been used by one of the farming collectives to start a scholarship for young girls to stay in school.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.