L&G Asia Head of Investment Strategy Ben Bennett describes Fed Chair Kevin Warsh's latest Jackson Hole speech as "pragmatic," noting that controlling inflation will benefit US economic expansion. He speaks as analysts project the central bank may be poised to raise interest rates.
The US military on Sunday said it had struck Iranian rocket launchers that were preparing to send mines into the Strait of Hormuz, following weeks of relative calm. Bloomberg's Wendy Benjaminson has the latest.
Former New York City Traffic Commissioner Sam Schwartz joins hosts Christina Ruffini and Bailey Lipschultz on Bloomberg This Weekend and warns that the expansion of autonomous vehicles brings cybersecurity risks, including the possibility that bad actors could seize control of connected cars and use them as weapons. His new novel, Autokill, explores that threat while Schwartz argues that autonomous vehicles still have significant safety potential if companies provide greater transparency and governments prepare for emerging risks.
Former Trump Senior Economic adviser Stephen Moore is on Bloomberg This Weekend and says inflation remains too high for the Federal Reserve to cut interest rates, breaking with President Donald Trump's repeated calls for lower borrowing costs and arguing the central bank should hold rates steady for now. Moore also warned hosts Christina Ruffini and Bailey Lipschultz that elevated oil prices and the escalating US Canada trade fight pose risks to the economy and Republicans heading into the midterm elections.
Representative Raja Krishnamoorthi (D) says the Iran war is depleting key US munitions and pulling military assets from the Indo Pacific, potentially weakening deterrence against China as concerns over Taiwan grow. While on Bloomberg This Weekend, the Illinois Democrat also criticized the administration's trade fight with Canada and Venezuela oil policy while calling for more US assistance to Nepal following catastrophic flooding.
Drugmakers are developing a new generation of hair loss treatments, including lotions, pills and longer-lasting injections, targeting a US market where tens of millions of men and women experience pattern hair loss. Joining Christina Ruffini and Bailey Lipschultz on Bloomberg This Weekend is Bloomberg News Equities Reporter Avalon Pernell says some treatments could seek approval and reach the market as soon as 2027, drawing investor interest in companies hoping to tap consumers already willing to spend heavily on hair restoration.
YouTube creators are turning online audiences into big-screen opportunities, with filmmakers like Alex Kister moving from DIY horror videos to studio deals. As platforms, distributors and FAST services open new paths to money and viewers, the creator boom is also flooding the market with content, making it easier to start but harder to win.
Shein is heading toward a Hong Kong listing at a valuation of about $26.5 billion, roughly a quarter of its 2022 peak, after earlier efforts to list in New York and London ran into regulatory hurdles. Bloomberg News Consumer Finance Reporter Lisa Du is on Bloomberg This Weekend with hosts Christina Ruffini and Bailey Lipschultz and says the fast-fashion giant is pitching investors on expanding beyond its core brand by acquiring or partnering with other labels, even as geopolitical, regulatory and reputational risks weigh on its growth story.
G20 finance officials are gathering in North Carolina with sovereign debt, global imbalances and economic growth in focus, but CSIS Director of Economics Program Philip Luck joins Bloomberg This Weekend and says the US and its partners increasingly disagree over both the problems and how to address them. A separate technology meeting will bring Elon Musk, Nvidia's Jensen Huang and OpenAI's Sam Altman into discussions over AI and emerging technologies as Washington pushes for a lighter regulatory framework.
The Trump administration's deal giving a US-led venture access to 65 billion barrels of Venezuelan oil could reshape the countries' economic relationship, but questions remain over its political durability and whether it will provoke a backlash inside Venezuela. Former Deputy National Secuirty Advisor for Middle East Affairs and the Heritage Foundation's Victoria Coates is on Bloomberg This Weekend and argues the agreement could encourage US investment and restore Venezuela's energy sector, but says economic development must ultimately be accompanied by political liberalization and self-determination.
Costco rotisserie chicken, marmots terrorizing hikers, and Starbucks dust problem: These are some of the headlines from this week that Bloomberg's Lisa Mateo, Christina Ruffini and Bailey Lipschultz think you should see. Watch, on Bloomberg This Weekend.
Icelandic voters rejected restarting EU accession talks, with opposition particularly strong outside Reykjavik as concerns over sovereignty, fisheries and agriculture outweighed arguments for closer European ties. RÚV Iceland News Defense & Security Correspondent Ingólfur Sigfússon is on Bloomberg This Weekend and says says the result puts membership talks on hold and could shift attention toward Norway as Nordic countries reassess their relationships with Europe amid geopolitical uncertainty.
