Former Federal Reserve Vice Chairman Richard Clarida, and now a global economic adviser for Pimco, talks to Tom Keene and Scarlet Fu on"Bloomberg Money". Clarida endorsed the view that the US has a so-called K-shaped economy, with the divergence between its two branches widening over the past six to seven years. (Source: Bloomberg)

President Donald Trump has ordered the US military to carry out a new attack on Iran as soon as this weekend, the Wall Street Journal reported.

Bloomberg's Allison Schrager and David Gura join Scarlet Fu and Tom Keene on "Bloomberg Money." Schrager writes that "it is one of the great paradoxes of our time: Americans have never been richer — or more negative about the economy. More people are upper-middle class than ever, and even lower-income Americans are richer by almost every measure compared to previous generations. And yet more than three in five Americans say the economy is not working for them." (Source: Bloomberg)

Hedge funds boosted bullish wagers on US oil at the fastest pace since March as supply disruptions from Iran to the Red and Black Seas are set to once again boost demand for American crude.

Leopold Aschenbrenner's hedge fund, Situational Awareness, was forced to sell billions of dollars of technology stock bets that had rapidly lost value, as nervous banks began to demand more collateral for his trades. Bloomberg's Hema Parmar breaks down what happened. (Source: Bloomberg)

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today's guests: PIMCO Global Economic Advisor, Former Federal Reserve Vice Chairman Richard Clarida and RBC Capital Markets Head of US Equity Strategy Lori Calvasina. (Source: Bloomberg)

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Carol Massar and Tim Stenovec. (Source: Bloomberg)

Former Congressman George Santos agreed to pay more than $35,000 to settle allegations he manipulated a wager on prediction market platform Kalshi about whether he’d attend the 2026 State of the Union.

On this edition, Joe and Kailey speak with: Tyler Kendall, Bloomberg Washington Correspondent Gen. Wesley Clark, Retired Four-Star General in the US Army, Served as Commander of US Southern Command, founder of Wesley K. Clark and Associates Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor & Leslie Shedd, President of Rising Communications and Republican Strategist Spencer Kimball, Director of the Emerson College Polling...

Colombia launched a program to accumulate as much $4 billion in international reserves, moving to weaken the nation’s currency from a seven-year high.

Retired Army General Wesley Clark, who served as Supreme Allied Commander Europe, said the more the US wants negotiations, the stronger the hand Iran thinks it has at the table. Clark said that the Iranian government sees the fight against the US as existential and that it will take more than taking out a few oil refineries to get the IRGC to surrender, particularly as they receive more backing from Russia and China. (Source: Bloomberg)

Former Federal Reserve Vice Chairman Richard Clarida joins Scarlet Fu and Tom Keene on "Bloomberg Money" to discuss this week's Fed decision, Chairman Kevin Warsh's communication decisions and the increased divergence in the K-shaped economy. Clarida is currently a global economic adviser for Pimco. (Source: Bloomberg)

Recent disclosures from Anthropic and OpenAI have shifted the AI conversation from model capabilities to real-world deployment and security. Lux Capital Partner Deena Shakir says the next wave of AI innovation will be built on trust, partnerships and vertical applications like health care and robotics, not just more powerful foundation models. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

UBS Wealth Management France CIO Claudio Panseri discusses European earnings, how Europe works with AI stocks, and gives her outlook on bond yields. She speaks with Anna Edwards and Guy Johnson on ‘Opening Trade.’ (Source: Bloomberg)

The head of Alimentation Couche-Tard Inc. said he expects pushback from some Żabka Group SA shareholders on the Canadian company’s $8.7 billion takeover offer, but is still confident about getting the deal done.

Donald Trump has not signed off on a plan to spend any of the $401 million he’s amassed from political donors in November’s midterm elections, according to a Republican strategist familiar with the discussions, despite public assertions from his team that the president’s super PAC will provide a major boost to GOP candidates.

President Donald Trump said he’s losing confidence in Iranian negotiators, the latest sign that the renewal of armed hostilities in the Middle East could drag on.  Speaking during a Cabinet meeting on Friday, Trump took issue with missile attacks that Iran launched earlier this week against US forces in Jordan that ended a multi-day pause in fighting.  (Source: Bloomberg)

Revisiting the Maradona theory of interest rates.

President Donald Trump said he’s losing confidence in Iranian negotiators, the latest sign that the renewal of armed hostilities in the Middle East could drag on.

Insurers have quietly become a major driver of the private credit boom, changing the insurance industry itself and raising a number of questions about risk and regulation. Andrew Granato and Pranjal Drall, authors of a new paper, “Private Credit's State Backstop: How Private Equity Socializes Risk Through Insurers," tell Tracy Alloway and Joe Weisenthal how both sides benefit from the partnership and why taxpayers might ultimately be on the hook. (Source: Bloomberg)

Former Federal Reserve Vice Chairman Richard Clarida, and now a global economic adviser for Pimco, says said the central bank risks creating uncertainty if it alters its preferred inflation measure without clearly communicating what policymakers are targeting. Clarida offered that caution on Friday on "Bloomberg Money" in the wake of Chairman Kevin Warsh’s suggestion for a review of possible alternatives to the US personal consumption expenditure core index, known by the acronym PCE. Clarida ...

Federal Reserve Chairman Kevin Warsh is considering reducing the frequency of the central bank’s scheduled policy meetings, the New York Times reported Friday. Warsh raised the proposal to change the frequency of meetings at this week’s gathering of the Federal Open Market Committee, the paper added. Bloomberg Managing Editor Kate Davidson said changing the schedule would be the biggest change for Warsh. (Source: Bloomberg)

Barry sits down with Som Seif, Founder and CEO at Purpose Unlimited. They discuss Som's journey from engineering to investment banking. They also discuss his early push into ETFs in Canada and the creation of the first bitcoin ETF. Finally, Som discusses his history as a serial entrepreneur and the importance of endurance when building business in today's ever changing markets. (Source: Bloomberg)

Federal Reserve Chairman Kevin Warsh is considering reducing the frequency of the central bank’s scheduled policy meetings, the New York Times reported Friday.

Bonds issued by Extenet Systems, a company that operates miniature cell towers, are in default after missing interest payments, and the firm also engaged in cash management violations, according to the bank responsible for collecting payments.

Chevron CFO Eimear Bonner discusses the company's second-quarter earnings and strategy for operating amid the current geopolitical risks with Bloomberg's Romaine Bostick on "Bloomberg The Close." (Source: Bloomberg)

Wall Street staged a tentative recovery from one of the wildest weeks of the AI boom, belying a historic rotation beneath the surface that briefly exposed growing cracks in some of the grand assumptions underpinning global markets.

The rout in longer-dated US Treasuries has sent a popular BlackRock Inc. exchange-traded fund tumbling to its lowest level in over two decades, as concerns around sticky inflation continue battering fixed-income portfolios.

Cybersecurity experts are faulting Anthropic PBC and OpenAI for sloppy safeguards after their models broke into outside organizations — breaches they warned represent looming threats to national security.

The four largest players in the data center race have committed nearly $2.4 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.

On today’s Big Take podcast, host David Gura sits down with senior political correspondent Nancy Cook and Bloomberg Opinions’ Ronald Brownstein to unpack the stakes of the Michigan Democratic primary, where a centrist candidate is facing off against a Democratic-Socialist-backed progressive — and what their showdown could reveal about the party’s future. (Source: Bloomberg)

Chinese AI startup Moonshot's Kimi models are powered in part by around 20,000 Nvidia Hopper chips supplied through a computing agreement with Alibaba, according to sources. Bloomberg's Peter Elstrom explains what the arrangement reveals about China's AI infrastructure and the role of US technology in training frontier models. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

It’s practically an adage on Wall Street by now: You know you’re in trouble when Ken Griffin calls.

The US said it had no role in redirecting the first Qatari liquefied natural gas shipment to transit the Strait of Hormuz in more than three weeks.

"I’m losing faith in them because they do lie and do, they do misrepresent," President Donald Trump says during the meeting at the Camp David presidential retreat in Maryland. (Source: Bloomberg)

CreditSights Global head of credit strategy Winnie Cisar discusses the tech space and expectations for credit markets and borrowing. She speaks on “Bloomberg Real Yield” on July 30, 2026. (Source: Bloomberg)

Anthropic says its AI models were involved in a hack, days after OpenAI made a similar disclosure. Does AI have a safety problem? Bloomberg’s Jordan Robertson explains. (Source: Bloomberg)

Indiana Senate President Pro Tem Rodric Bray won’t seek another term as the chamber’s top Republican after months of fallout from his fight with President Donald Trump over redistricting.

Lightspeed’s Last Sentinel burnt through six years of development and hundreds of millions of dollars

Tesla Inc. is weighing a potential separation of its China business to pave the way for a possible merger with SpaceX, according to the Wall Street Journal. Separating Tesla's China operations would be a complex undertaking due to the auto factory's deep embedding in China's electric vehicle supply chain and its role in supplying vehicles to markets worldwide. Gene Munster, Managing Partner at Deepwater Asset Management, joins Bloomberg Intelligence to discuss Tesla as well as to break down ...

Jake Paul's combat-sports company Most Valuable Promotions is merging with the Professional Fighters League, aiming to take on the Ultimate Fighting Championship. Bloomberg's Romaine Bostick & Vanessa Perdomo sat down with Jake Paul and Nakisa Bidarian, co-founders of Most Valuable Promotions, and John Martin, CEO of the newly formed company, to discuss the merger, and the roadmap ahead for the new company. (Source: Bloomberg)

Bloomberg's David Gura and Hannah Elliott join Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the slowdown of EV sales in the US and the possible entry of China into the US market. (Source: Bloomberg)

New Zealand house prices fell to a three-year low in July, extending a slump that began in early 2022 and leaving the market in its weakest state in decades.

Illumina CEO Jacob Thaysen discusses the company's earnings, genomic medicine opportunities and the potential for artificial intelligence in life sciences on "Bloomberg The Close." (Source: Bloomberg)

Senate drama and impending higher costs for seniors led the biggest stories.

Hedge Fund 'Situational Awareness' is working to salvage the situation after a massive AI selloff. Bloomberg's Hedge Fund Reporter Hema Parmar dives into what's going on and what to know about Leopold Aschenbrenner, 24-year-old investor behind the losing AI fund. Plus, Bloomberg's Ed Ludlow breaks down the week's most impactful tech earnings reports, as Apple sees shares dive to end the week. Then, VEON CEO Kaan Terzioglu discusses how the company's telecom networks is helping keep Ukraine co...

Microsoft Corp. is the latest company to report a sharp drop in its current federal taxes despite growing US revenue, following the enactment of President Donald Trump’s sweeping tax law last year.

Trucking and logistics stocks are poised for their worst month in more than a year, weighed down by mounting concerns over a recent legal decision that can hurt industry brokers, alongside disappointing earnings.

Bloomberg's Hema Parmar details the massive selloff of AI assets from Situational Awareness, one of the world's biggest hedge funds and how Citadel's Ken Griffin stepped in to buy the investments. Parmar said that this move is part of Griffin's 'playbook' and he will often jump in to get a good deal when firms are in distress. (Source: Bloomberg)

Bloomberg’s Ed Ludlow breaks down Tim Cook's final Apple earnings call as CEO - a story of supply crunches, demand misreads and a tough outlook. Plus, Amazon's shares roar on AI progress, big spending and accelerating cloud growth. And, after OpenAI's breaches, Anthropic is now saying its own AI models breached three organizations during cybersecurity tests. (Source: Bloomberg)

Spencer Kimball, director of the Emerson College Polling Center, said that Abdul El-Sayed has managed to keep an edge on Haley Stevens in Emerson's poll of the Michigan democratic primary for Senate because he has managed to put together a coalition of younger people and educated voters around the state. Kimball said that because Democrats are the party out of power, he suspects voters will rally around whichever candidate wins Tuesday's primary. (Source: Bloomberg)

President Donald Trump is appealing a judge’s ruling that bars him from attempting to use a sweeping audit-immunity settlement that resolved his $10 billion lawsuit against the Internal Revenue Service.

Amazon's latest earnings may have changed the AI narrative around the company. Mizuho's Jordan Klein joins Bloomberg to explain why accelerating AWS growth, rising demand for Amazon's custom AI chips and improving AI monetization across the business have strengthened the investment case, and why he believes Amazon remains one of the biggest winners in the AI infrastructure race. He speaks with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

An influential Brazilian political party blocked one of its key members from becoming Flávio Bolsonaro’s running mate in October’s presidential election, dealing another blow to his chaotic campaign.

Ukraine’s Black Sea ports are being ravaged by a new type of Russian missile, the Banderol — whose defining feature is its low cost.

Proponents say the debate could redefine the party, while Republicans draw comparisons to their history and work to capitalize on it.

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." The Big Tech divide widens as Amazon’s AI bet delivers, while chip shortages pressure Apple. John Blackledge breaks down AWS demand and Amazon’s trillion-dollar cloud potential. Will Power explains why Apple’s strong demand may outweigh supply turbulence. Plus, Citadel’s latest AI deal, improving consumer sentiment, and the market risks heading into August. (Source: Bloomberg)

Short sellers have piled into SpaceX at a rapid pace ahead of two major milestones next week: the company’s first earnings report as a public company and the release of hundreds of millions of locked-up shares.

Defense software company Space-Eyes enlisted Eric Trump as an investor and adviser, expanding the first family’s military technology portfolio amid criticism from ethics watchdogs and President Donald Trump’s political opponents.

President Donald Trump blamed Minnesota state officials with whom he has feuded for cyberattacks on multiple water systems there, despite reports that officials suspected Iranian involvement in the disruptions.