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Fed's Kashkari Says 'Cooled' US Labor Market Not Driving Inflation Federal Reserve Bank of Minneapolis President Neel Kashkari said inflation is being driven by supply dynamics and not the US labor market. He spoke Friday at the Aspen Ideas Festival in Aspen, Colorado.

US President Donald Trump said Iran firing at cargo ships transiting the Strait of Hormuz violated their ceasefire agreement. In a social media post Friday, Trump said "at least four" one-way attack drones targeted ships in the waterway. Tyler Kendall reports on Bloomberg Television.

One of the promises of AI was alleviating the burdens of work, but the workaholic culture in Silicon Valley hasn't disappeared. Bloomberg's Natasha Mascarenhas explains why round-the-clock managing of AI agents and intense competition are driving longer hours and heightened anxiety for tech workers. She joins Ed Ludlow on "Bloomberg Tech"

Can geothermal energy solve the AI energy crunch? I-Pulse Co-Founder, Chairman and CEO Robert Friedland explains how a $250 million US investment will accelerate breakthrough semiconductor technology designed to drill deep into Earth's heat, delivering around-the-clock clean energy. He joins Bloomberg Open Interest to make a  case for government-backed industrial policy and why geothermal, and not wind or solar, is the future of America's energy infrastructure.

Boeing Co. secured an order from China Southern Airlines Co. valued at $3.62 billion, marking an important win for the US manufacturer after seeing orders dry up from Asia's largest aviation market in the past decade. George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses the deal and what it means for Boeing.

Asian technology stocks slumped after Apple Inc. and Microsoft Corp. raised prices for their products, stoking concern that rising component costs will curb demand for devices and eventually slow the memory chip rally that has powered much of the AI trade. Bloomberg Tech Host Ed Ludlow discusses the move from Apple to raise prices as well as what's next for OpenAI as they mull a delay for the company's IPO.

Elroy Air is going public at a roughly $1 billion valuation, aiming to replace delivery trucks with long-range cargo drones. CEO Andrew Clare joins Bloomberg Open Interest to explain how the company's heavy-payload aircraft works, why public markets are the right funding path and why defense demand and US supply-chain automation make this the ideal moment to scale.

Wall Street Host David Westin breaks down why the auto industry may want Washington to leave USMCA mostly intact. While Trump is focused on trade deficits and tougher rules, automakers are more worried about uncertainty, long-term investment and China's growing role in North American supply chains.

BlackBerry CEO John Giamatteo discusses the company's evolution into a software and infrastructure player, centered on its QNX operating system. He highlights that QNX now powers over 275 million vehicles globally and is increasingly used in robotics, medical devices and industrial automation. Giamatteo speaks with Bloomberg's Dani Burger and Alpine Saxon Woods Chief Market Strategist Sarah Hunt on "Bloomberg Open Interest."

Spot Bitcoin (CRYPTO:BTC) exchange-traded funds (ETFs) recorded total net outflows of US$696.29 million on the latest trading day, marking the highest single-day withdrawal since 27 May, according to data from SosoValue.

Another burst of selling pummeled chipmakers, whipsawing stocks once again amid concerns over whether vast investments in artificial intelligence will justify the industry's hefty valuations. Virginie Maisonneuve, Founder at Maisonneuve Global Advisors, discusses the current AI narrative as investors continue to show jitters around high-flying tech stocks.

US consumer sentiment rose in June as lower gasoline prices provided some relief for Americans grappling with high inflation. Lauren Saidel-Baker, Economist at ITR Economics, discusses the outlook for consumer spending and the path forward for the Fed as inflation concerns reign.