Latest news in United States.

Vanguard Head of Fixed Income Client Portfolio Management Matt Wrzesniewsky discusses bonds losing more than $2 trillion as the war in Iran continues to cause ripples through markets. He talks with Katie Greifeld and Romaine Bostick on "The Close."

Prologis CEO Dan Letter joins Bloomberg Businessweek Daily to discuss the state of global logistics and shipping as geopolitics and associated risk impacts the firm's customer base. However, Prologis is optimistic about its data center business. Letter says the company's strong relationship with hyperscalers is ongoing, bolstering "a fortress of a balance sheet" as Prologis continues to secure longer-term power capacity. Letter speaks with Carol Massar and Tim Stenovec.

OpenAI plans to discontinue its Sora AI video generator six months after the high-profile launch of a standalone app for the service, as the company works to simplify its portfolio of artificial intelligence products. The ChatGPT maker and Walt Disney Co. are also winding down their partnership, which had centered on Sora, OpenAI said Tuesday. Disney had previously agreed to license iconic characters including Mickey Mouse and Cinderella to OpenAI for use on Sora and to take a $1 billion stake in the startup. The deal was entirely in stock warrants rather than a cash licensing fee, Bloomberg has reported. Bloomberg News AI Reporter Rachel Metz joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.

Well, pull out the party hats and dust off the stock tickers. 

Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.

The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk. 

This persistent "Musk Premium" has burned countless short-sellers. 

Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.

With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.

Global energy markets are reeling as oil tracks toward its most significant weekly gain in four years, fuelled by escalating conflict in the Middle East.

Global oil prices held steady on March 3 as energy markets braced for an intensification of conflict in the Middle East.

U.S. Customs and Border Protection (CBP) will officially stop collecting billions in trade duties at 12:01 a.m. EST on Tuesday, following a landmark Supreme Court ruling that declared President Donald Trump’s use of emergency powers to levy tariffs illegal.