Crypto Financial

US President Donald Trump's fete for his Chinese counterpart President Xi Jinping has been heavy on pageantry and platitudes but light on substantive announcements. The most significant news tied to the gathering materialized before it even began, as Treasury Secretary Scott Bessent said the two sides had extended a trade truce for another two months. Anticipated agreements on tariff cuts and a new line of communication on artificial intelligence have yet to surface. Bloomberg's Rebecca Choong Wilkins reports.

Luminaries from Wall Street and Silicon Valley joined US President Donald Trump for a state dinner honoring his Chinese counterpart Xi Jinping. Steve Engle reports from Washington.

US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports, according to a person familiar with the matter. A sequenced deal would be similar to the memorandum of understanding that the US and Iran struck in mid-June. Bloomberg's Stuart Livingstone-Wallace reports.

SoFi Technologies, Inc. (NASDAQ:SOFI) has launched stablecoin settlement across its entire Mastercard card programme using SoFiUSD.

Liza Tobin, Former China Director at the US National Security Council and Managing Director of Garnaut Global, discusses her expectations and takeaways from the summit between Presidents Trump and Xi. She speaks with Haidi Stroud Watts on "Bloomberg: The Asia Trade".

IBM (NYSE:IBM) has expanded Digital Asset Haven with Swift ledger integration and on-premises capabilities.

Ondo Finance has launched three onchain portfolio tokens based on BlackRock-developed model strategies.

Donald Trump and Xi Jinping addressed their intense competition over artificial intelligence on Thursday during a summit aimed at keeping ties between the world's largest economies on track.

Global Citizen CEO Hugh Evans sat down with Bloomberg's Romaine Bostick to discuss the organization's upcoming Global Citizen Festival in New York City, the mission to end extreme poverty, and more.

Savor CEO Kathleen Alexander explains how the company builds fats and oils molecule by molecule from carbon-based inputs, aiming to reduce reliance on traditional agriculture while matching the taste and functionality of conventional fats. She discusses Savor's pilot production, commercial partnerships, and why the company sees supply-chain resilience and sustainability as major opportunities.

Ron Johnson, Creator of the Apple Store and author of the new book "Shop Different: How Retail Revealed Apple's Genius" takes a look at the strategy behind the iconic Apple Store and how Apple has transformed over more than 50 years. He begins by reflecting on the long-running debate over whether the internet would kill retail, suggesting that concern was overstated. He speaks with Romaine Bostick & Sally Bakewell on "The Close."

It's been a good year for CFOs looking to borrow. Credit markets have largely remained open despite the war in Iran, spreads have been low and investors have been eager to buy. Mozilla CFO Eric Muhlheim and Bloomberg's Nina Trentmann discuss the impact of AI on capex spend, corporate strategy, and company principles in our CFO Briefing. They speak with Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec.