Crypto Breaking News

Coinbase reported a second consecutive quarterly loss after posting a $394 million net loss for the first quarter of 2026 amid weaker crypto trading volumes and softer market conditions.

The Bank of England signalled it may revise parts of its proposed stablecoin framework after backlash from crypto companies and digital asset advocates who warned the rules could undermine the competitiveness of sterling-backed stablecoins.

Political action committees linked to crypto-backed Fairshake spent roughly $7.2 million supporting congressional and Senate candidates in Georgia, Alabama, Nebraska, Kentucky and Texas ahead of crucial US primary elections.

Dr. Pattie Maes, Head of Fluid Interfaces Group at MIT Media Lab joins Bloomberg Businessweek Daily to discuss the evolution of health tools and how the devices we already live with can help us become better versions of ourselves.

Revathi Advaithi, CEO of Flex joins Bloomberg Businessweek Daily to discuss their earnings, health of the labor market, and what the company is doing to help hyper-scalers build data center capacity needs.

Oil dipped in a volatile session as the US waited on Iran's response to its proposal to end the war and reopen the vital Strait of Hormuz. West Texas Intermediate crude futures briefly dipped as much as 5.5% to trade below $90 a barrel before paring most losses amid signs that Iran continues to assert its control of the crucial oil and natural gas transit route. Prices slumped 8% on Wednesday with renewed hope that the conflict, which has sparked a global energy crisis, might soon come to an end. We get reaction from Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence.

Elanco Animal Health boosted its adjusted earnings per share forecast for the full year. Jeff Simmons, President and CEO at Elanco Animal Health joins Bloomberg Businessweek Daily to discuss their company earnings and how the pet care market is doing.

DoubleLine CEO and CIO Jeffrey Gundlach expresses his concerns about the state of the private credit market on "Bloomberg The Close."

Jeffrey Sherman, DoubleLine's deputy CIO and lead portfolio manager for multi-sector and derivative strategies, discusses the current state of the financial markets. Sherman also comments on the recent wave of big tech earnings and anticipates the potential impact of upcoming Nvidia results. He speaks on "Bloomberg The Close."

GTCR Co-CEO and Managing Director Collin Roche reflects on the private equity landscape, emphasizing the importance of value creation over merely capitalizing on rising prices. Roche highlights GTCR's multibillion-dollar exit from Worldpay as a prime example of their strategy: backing executive teams to implement operational and strategic changes that improve business performance and justify higher exit multiples.

Bill Campbell, Doubleline Global, Sovereign and Emerging Markets Head, talks about how the war with Iran is impacting markets, a lasting inflation shock and making sure markets don't lose confidence in the Federal Reserve. He speaks on a special "Bloomberg The Close" from Los Angeles.

The Trump administration's fitful campaign to address US voters' affordability concerns ahead of the midterm elections is faltering, with some key efforts stalled, cast aside or limited in scope.  The war in Iran has driven up gas prices and sent a chill through the spring housing market. It has also drowned out the administration's set-piece events meant to highlight larger tax refunds and measures to lower drug prices. Liz Pancotti, Managing Director of Policy and Advocacy at the Groundwork Collaborative, discusses how consumers are experiencing a spending slowdown. She speaks with Bloomberg's Kailey Leinz on Balance of Power.