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Bloomberg

SpaceX Holder 137's Stake at 1%, Tops $10 Billion Value

Investor 137 Ventures has around $10 billion in SpaceX after writing multiple checks backing the Elon Musk-led company. Ahead of SpaceX's IPO, Justin Fishner-Wolfson, founder and managing partner at 137 Ventures, discusses the expected windfall and two new funds the VC firm has raised to back startups and founders staying private longer. He speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

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Bloomberg

Hassett on Powell Staying at Fed, Inflation and Oil Spike

National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking on "Bloomberg Surveillance," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends.

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Bloomberg

'No Signal For Resolution' As US Mulls Iran Military Options

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East. The global benchmark surged as much as 7.1% before paring gains to trade near $122. Warren Patterson, Head of Commodities Strategy at ING Joined Stephen Carroll and Caroline Hepker on Bloomberg Radio To discuss. He says the market is losing confidence in a swift resolution and is increasingly pricing in a prolonged disruption to oil flows through the Strait of Hormuz.

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