The push by young women to gain acceptance into sororities at large schools in the Deep South has led to an increase in demand for rush coaches. Bloomberg News Reporter Gabriel Baumgaertner discusses his recent story about the high price tag some parents are willing to invest to help their kids get into the sorority of their dreams.
During a recent meeting with top industry executives, the US President announced $3 billion in investments aimed at strengthening the domestic critical minerals and mining sector. The initiative seeks to reduce reliance on supply chains dominated by China. Gary Evans, Chairman and CEO of US Antimony, participated in the discussion and spoke to Bloomberg News about how much he is willing to see the government invest in his firm.
Hims & Hers Health shares are down after the telehealth firm reduced the top end of its adjusted Ebitda forecast for the full year. Madison Muller reports on "Bloomberg The Close."
Craig Stevenson, CEO of Gotham Greens, addressed the ongoing concerns over food safety amid recent recalls linked to salmonella in jalapenos and the widespread Cyclospora outbreak affecting thousands in the U.S. He noted a temporary decline in consumer demand for greens as news of outbreaks circulates, but emphasized that consumer interest in salads remains strong. He speaks with David Gura & Isabelle Lee on "The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with David Gura, Isabelle Lee, Norah Mulinda and Tim Stenovec.
Thomas Hoenig, Distinguished Senior Fellow at the Mercatus Center, discussed the Federal Reserve's current stance amid recent economic data. He emphasized that the Fed is maintaining a cautious, wait-and-see attitude as it awaits upcoming inflation reports, including CPI and PPI data, which will be critical for shaping future policy decisions. He speaks with David Gura & Isabelle Lee on "The Close."
Grindr CEO George Arison said that new AI features and premium tiers are popular with users but that the company is still working out how to price the optional upgrades. Arison said that when it comes to the app's AI rollout, information gathered by AI can help users feel more comfortable meeting up with matches from farther away, especially in areas outside of cities that have a lower density gay population.
Former NY Jets Linebacker Bart Scott sat down with Bloomberg's Romaine Bostick to discuss the Jets new advertising partnership with Outfront Media, the state of sports media, and Scott's future plans in the media industry.
President Donald Trump says he's ready to let economic pressure build on Iran. He also says the country should pay for damages it has caused to neighbors. Bloomberg's Josh Wingrove reports from the White House.
Mayuranki De, vice president of ETF Trade Strategy at Raymond James, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Roundhill Photonics & Optics ETF (ticker: LYTE), an actively managed ETF that seeks to provide capital appreciation. The Fund invests in the equity securities of companies whose core technology involves generating, manipulating, detecting, or transmitting light for various technologies, such as AI data centers, defense, medical imaging, industrial manufacturing, and quantum computing.
Robert Mitchnick, head of digital assets at BlackRock, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." Hackers have stolen more than $130 million worth of Bitcoin from thousands of supposedly secure cold wallets in recent days. The Coldcard wallet hack may strengthen the case for spot Bitcoin ETFs by undermining confidence in self-custody among investors.
Robert Mitchnick, head of digital assets at BlackRock, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." Hackers have stolen more than $130 million worth of Bitcoin from thousands of supposedly secure cold wallets in recent days. The Coldcard wallet hack may strengthen the case for spot Bitcoin ETFs by undermining confidence in self-custody among investors.
