Small businesses won a major legal victory when the Supreme Court struck down President Trump's IEEPA tariffs, but getting the money back has become its own fight. The government collected about $166 billion from more than 330,000 importers, and while refunds are now flowing, companies say the damage from cash-flow strain, to price hikes, to inventory cuts may not be fully reversible.
Two American service members were killed and one went missing in Iranian missile and drone attacks at a Jordanian airbase. Bloomberg News Middle East Reporter Dan Williams and Bloomberg News Senior White House Correspondent Josh Wingrove joins David Gura and Christina Ruffini on Bloomberg This Weekend discuss the US response and implications.
University of Chicago Law School Dean & Professor Adam Chilton said increasingly capable AI is already transforming legal practice by handling research, document review and other tasks traditionally assigned to junior lawyers, forcing schools to reconsider which distinctly human skills graduates must provide. Joining Bloomberg This Weekend Chilton explains to hosts David Gura and Christina Ruffini that Chicago's new strategy limits technology in core first-year classes to strengthen listening, reasoning and spontaneous analysis while expanding AI training in legal writing, clinics and other courses so students learn to work both independently and effectively with the tools used by law firms.
The long-awaited opening of the Gordie Howe International Bridge was delayed by President Trump as part of negotiations that resulted in Canada agreeing to direct up to 15 years of the bridge's net toll revenue to a US-controlled regional development fund. Bloomberg News Senior White House Correspondent Josh Wingrove joins David Gura and Christina Ruffini on Bloomberg This Weekend to explain how the agreement has intensified political pressure on Prime Minister Mark Carney, raising questions over whether Canada will recover the billions it invested to build the cross-border trade link and whether Ottawa conceded more than previously acknowledged to secure the bridge's opening.
Author and Guardian Columnist Jonathan Wilson joins Bloomberg This Weekend to explain how FIFA President Gianni Infantino has consolidated support by expanding committees and distributing World Cup revenues, while raising concerns about oversight, financial accountability and governance within the organization. Wilson also explains to hosts David Gura and Christina Ruffini that controversial decisions involving player discipline and tournament administration have fueled questions about the integrity of the World Cup, even as Infantino appears well positioned to retain the backing of FIFA's member associations.
Venezuela is grappling with the aftermath of devastating earthquakes that have killed thousands, overwhelmed rescue and recovery efforts, and intensified humanitarian needs as the country navigates a fragile political transition. International Crisis Group Senior Analyst of the Andes Region Phil Gunson joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the Venezuelan government's response, the expanded role of international aid, and the uncertain path toward negotiations between the interim government and opposition leaders as the US presses for democratic reforms.
President Trump wants to build a "Golden Fleet" for the US Navy as China expands its own naval power, but turning that ambition into ships will take more than money. Huntington Ingalls Industries CEO Christopher Kastner says predictable orders and timely funding are paramount, while retired Admiral Mike Mullen says the key is avoiding shifting designs and building a fleet flexible enough for a future shaped by drones, missiles and unmanned vessels.
Bloomberg News Senior White House Correspondent Josh Wingrove joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss how the Trump administration is keeping its strategy toward Iran deliberately ambiguous, leaving military escalation on the table while offering little indication of when diplomacy might resume. Wingrove also turns to domestic politics, where President Trump has publicly endorsed Darline Graham, the sister of the late Lindsey Graham, to run for a full Senate term in the November election.
US pressure on Iran and disruptions in the Strait of Hormuz are reshaping global energy markets and forcing businesses to reassess supply chain risks. At the Aspen Security Forum, Bloomberg News' David Gura spoke with experts who say markets have remained resilient thanks to strategic petroleum reserves, alternative export routes and lower Chinese oil demand, but warned those buffers are diminishing, leaving the global economy more vulnerable if tensions escalate. Watch Former US Ambassador to China Nicholas Burns, Belfer Center for Science and International Affairs Director Meghan O'Sullivan, and partner at Oliver Wyman's Risk and Public Policy Practice Daniel Tannebaum discuss the Strait of Hormuz, on Bloomberg This Weekend.
Despite President Donald Trump's assertions that the US is prevailing, tit-for-tat strikes continue between the US and Iran. Bloomberg News Diplomacy & National Security Correspondent Courtney McBride and Bloomberg News Senior White House Correspondent Josh Wingrove join David Gura and Christina Ruffini on Bloomberg This Weekend and explain how officials are weighing the limits of military resources, munitions stockpiles and the prospects for a negotiated resolution.
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