Blackrock and Circle drive $15.2B treasury surge
Tokenised US Treasuries reached a market value of $15.20 billion at the start of May after adding $1.06 billion over 30 days, signalling continued growth in onchain demand.
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Tokenised US Treasuries reached a market value of $15.20 billion at the start of May after adding $1.06 billion over 30 days, signalling continued growth in onchain demand.
The US Supreme Court sharply limited the use of the Voting Rights Act to create predominantly Black or Hispanic election districts in a major ruling that buttresses Republican efforts to keep control of the House in this year's midterms and beyond. Rep. Cleo Fields (D-LA) joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
David Gura, Christina Ruffini, and Lisa Mateo of "Bloomberg This Weekend" play Pointed! Wager your points, leverage your bets and answer wisely. A new quiz is available to play each week on Bloomberg.com.
The name Claude used to be a rare classic now, it's a household name for a completely different reason. Ever since Anthropic launched its fast-growing AI assistant, humans named Claude have had to get used to sharing their identity with a chatbot. Bloomberg Senior feature writer Madison Darbyshire joins David Gura and Christina Ruffini on Bloomberg This Weekend to talk about her latest Dispatch, diving into the weird, funny, and occasionally annoying reality of what happens when your name becomes a tech sensation.
Federal Communications Commission Commissioner Anna Gomez, the sole Democrat on the commission, joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the FCC's decision to order an early review of ABC's local broadcast licenses, calling it an egregious violation of the First Amendment. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning.
Maria Sharapova made history in 2004, becoming the youngest tennis star to win a Grand Slam since Martina Hingis in 1997. Two decades later, the now hall-of-famer and mom joins Lisa Mateo on Bloomberg This Weekend to discuss venturing into a new arena - serving up compelling interviews for her new podcast 'Pretty Tough.'
Tourism is down, lower-income visitors are tightening their wallets, and online gambling means the casino now fits in your pocket. But Las Vegas isn't panicking. It's doubling down on what you can't get on a screen. The Tao Group is building a 46,000-square-foot dayclub on the Strip, its flagship nightclub is posting record revenue year after year, and the city's fast permitting process lets it rebuild itself faster than anywhere else in America.
Traffic through the waterway has been at a near-standstill since the US and Israel launched strikes against Iran in late February and Tehran threatened to attack ships in the strait. Iran has said it laid mines along the most frequently used routes of the narrow waterway, and a senior US Defense Department official says clearing the strait of mines could take six months. Domino Data Lab Chief Operating Officer Thomas Robinson joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the adoption of artificial intelligence (AI) to detect Iranian sea mines in the Strait of Hormuz to speed up and improve the accuracy of underwater mine detection while reducing reliance on human personnel.
The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines for America President & CEO Chris Sununu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
As data centers push US electricity demand toward a projected 20% increase over the next decade, one overlooked power source is getting a second look: geothermal. New techniques borrowed from oil and gas fracking are unlocking heat from deep underground in places far beyond traditional hot springs. Private capital has poured more than $1.5 billion into next-gen geothermal since 2021, and companies like Ormat and Sage Geosystems are partnering to bring commercial projects online by 2027.
Global investors are pouring money into commercial wineries in and around Cape Town, even as wine sales slow worldwide. French, German, and Norwegian consortiums are buying into one of the few wine-producing regions where vineyard prices are still climbing. Bloomberg's Jennifer Zabasajja reports.
North Korea has denied US allegations of cybercrime and cryptocurrency theft, calling the claims “absurd slander” in a statement reported by state media.
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