Bloomberg This Weekend
Catch up. Look ahead. Enjoy your weekend. Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture. David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons. Bloomberg This Weekend gives you insight to make sense of the world.
Episodes
Instant Reaction: SpaceX Jumps in First Trades Following Record $75 Billion IPO
Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s empire into one of the most valuable public companies in the world. The stock climbed as high as $176.52, or 31% above its offering price, less than two hours after the shares started trading shortly before noon in New Yor
SpaceX IPO, Airline CEOs at IATA
Elon Musk's SpaceX is set to deliver the biggest ever IPO, more than doubling the size of Saudi Aramco’s $29.4 billion listing in 2019. The company is offering about 555.6 million shares at $135 each in a deal that could value it at roughly $1.8 trillion. The stock will make its debut on the NASDAQ on Friday. Plus, the International Air Transport Association's Annual General Meeting. United
Trump to Consider Government Stakes in AI Companies; Knicks Win
President Donald Trump expressed interest in the US government holding equity stakes in leading artificial intelligence developers, saying that he planned to discuss the idea of a partnership with AI companies’ executives as soon as next week. Trump said he had already spoken to the companies about the idea, though he offered no specifics on those conversations. In his remarks, he addressed
Trump Sends Mixed Signals on Iran War
New details emerged this morning about President Trump's meeting in the situation room last Friday. According to Axios, President Trump is asking for several amendments to a deal negotiated between his envoys and the Iranians. In particular, President Trump wants to strengthen the sections around Iran's nuclear material, including details on how the US gets that material, and when. All this is hap
Hegseth: Ready to Restart Iran Strikes if No Deal Reached
US Defense Secretary Pete Hegseth praised defense allies in Asia and hailed newly stable ties with China, while taking swipes at longstanding security partners in Europe. The comments, made Saturday at an Asia security forum in Singapore, are the latest sign of the Trump administration shifting attention toward the Indo-Pacific while expressing antagonism toward Europe and the NATO alliance.
Trump: Won't Rush into a Deal with Iran; Gunman Near White House
President Donald Trump said the US won’t “rush” into a deal with Iran, saying both sides must take their time to “get it right.” This comes after an earlier White House announcement that a deal with Iran to end the war and reopen the Strait of Hormuz is forthcoming. A man was shot by US Secret Service agents near the White House on Saturday after he opened fire with a
Iran Peace Deal Push Intensifies; Ebola Outpaces Control in Congo
Persian Gulf nations and Pakistan stepped up efforts to transform a fragile truce in the Iran war into a permanent peace deal, with US President Donald Trump again signaling that the conflict may end soon. Field Marshal Asim Munir, Pakistan’s army chief and the favored interlocutor between the US and Iran, visited Tehran Friday for discussions on an accord with Iranian Foreign Mi
Republican Senator Bill Cassidy Loses Louisiana Race in Win for Trump
President Donald Trump and Health Secretary Robert F. Kennedy Jr. succeeded in their efforts to defeat Senator Bill Cassidy in Louisiana’s Republican primary. Cassidy was one of seven GOP senators who voted to convict Trump on the charge of inciting an insurrection, and Trump said of Cassidy that "his disloyalty to the man who got him elected is now a part of legend, and it’s nice to s
Taiwan in Focus after Trump Meets with Xi; LIRR Strike
President Trump returned to the White House after a summit in Beijing with Chinese President Xi Jinping. Xi warned that Taiwan could lead to "clashes" between the US and China, calling it a "highly dangerous situation" for the world's biggest economies. Trump must now decide whether to approve a $14 billion US arms sale to Taiwan, which could unleash a bipartisan backlash in Washington or face Bei
Iran Submits Response to US Proposal; Hantavirus Ship Arrives in Tenerife
Iran submitted its response to the latest US proposal to end 10 weeks of war, the state-run Islamic Republic News Agency reported, without giving any further details. The proposal implies Iran’s acceptance would end the conflict, which has killed thousands of people across the Middle East and sent energy prices soaring. The two sides would still need to negotiate a deal over Iran’s nuc
US Awaits Iranian Response; Hantavirus Cruise Ship
The UK will deploy one of its warships to the Middle East as part of planning for a European-led mission to escort ships through the Strait of Hormuz once there’s a stable ceasefire. The move comes as Iran weighs a new proposal from the US to end the war, which has been going on for 10 weeks. The ship has just completed weapons system testing off the coast of Crete and was deployed to help d
Trump Not Satisfied with Iran Proposal; Spirit Shuts Down
Efforts continued to broker an end to the Iran war, now into its third month, as President Trump suggested the Islamic Republic’s latest peace proposal might not be enough to satisfy him. Iran’s suggestions include setting a one-month deadline on talks for a deal to reopen the Strait of Hormuz and end both the US naval blockade and the fighting in Iran and Lebanon, Axios reported, citi
Spirit Airlines Shuts Down Operations
Spirit Airlines is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by President Trump fell through. All Spirit flights have been canceled, and passengers have been advised not to go to the airport, after the airline failed to secure a deal with the Trump administration for funding. Transportation Secret
Instant Reaction: Jay Powell on the Fed Decision
Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve Chair Jerome Powell said he’ll remain at the central bank as a governor after his term as chair ends. “After my term as chair ends on May 15, I will continue to serve
Instant Reaction: Fed Holds Rates, Three Officials Dissent
Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East.Four officials voted against the decision, includ
BTW in DC: White House Correspondents Dinner Shooting
The armed suspect who tried to enter a Washington ballroom where President Donald Trump was speaking was likely targeting administration officials, according to Acting Attorney General Todd Blanche. Blanche said Sunday on NBC’s Meet the Press that the man is believed to have acted alone after traveling by train from California and had been staying at the Washington Hilton, which was hosting
BTW in DC: US-Iran Talks in Limbo
President Donald Trump will send envoys to Pakistan with the intention of meeting with Iranian officials, while Tehran sounded a pessimistic tone on the prospects for talks to end the eight-week war roiling the global economy. Special envoy Steve Witkoff and the president’s son-in-law Jared Kushner are set to depart Saturday for talks this weekend, White House Press Secretary Karoline Leavit
Trump Says Iran Talks in Pakistan This Week
President Donald Trump said he’ll send representatives to Pakistan for talks to end the Iran war on Monday evening, while again threatening to strike civilian infrastructure if Tehran doesn’t agree to a deal. Axios is reporting that Vice President Vance will lead the delegation to the negotiations in Islamabad. The President told Fox News that Special Envoy Steve Witkoff will go to the
Iran Reimposes Restrictions on Strait of Hormuz
Iran broadcast to ships in the Strait of Hormuz that the vital oil and gas channel is once again closed to maritime traffic, with owners reporting gunfire in the waterway and ships abandoning efforts to transit after a brief spell when it appeared it might reopen. The fresh closure was the culmination of hours of chaos and confusion that saw some ships race to get out, only to U-turn. One su
Trump Says US to Blockade Strait of Hormuz
President Donald Trump said the US will blockade the Strait of Hormuz following the failure of peace talks with Iran in Islamabad this weekend, a move that will likely exacerbate oil and fuel shortages globally. “Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,
Vance Arrives in Pakistan for US-Iran Talks
The US and Iran began negotiations on Saturday to end the conflict in the Middle East. Around 5:45pm in Islamabad, Iran’s semi-official Fars news agency said talks had begun, without specifying whether they are being conducted directly or through intermediaries. US Vice President JD Vance landed in Pakistan’s capital, joined by special envoy Steve Witkoff and Trump’s son-in-law J
Special Coverage: US and Iran Agree to Ceasefire Hours Before Trump Deadline
The US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz.President Donald Trump announced the agreement Tuesday on social media hours after Pakistan, a mediator in talks, implored the US leader to back off his deadline to unleash massive devastation on Iran if it did not meet
US Rescues Missing Airman, Trump Threatens Iran Power Plant Strike
US forces rescued an airman from Iran days after his fighter jet was shot down, while the Islamic Republic’s continued attacks sparked fires that damaged Kuwait’s oil headquarters and shut down an Emirati petrochemicals plant. The US deployed dozens of aircraft to retrieve the injured crew member from a mountainous area, a day after a second person from the same F-15E jet was rescued,
Airman Missing After US F-15 Fighter Jet Shot Down in Iran
In Iran, the US continued search-and-rescue operations for a crew member from an F-15E fighter jet shot down by Iran on Friday, as Tehran kept up attacks on Gulf Arab states and Israel. A second US combat plane reportedly crashed in the Persian Gulf the same day. The incidents mark a significant blow for Washington as the war enters its sixth week with energy prices rising and little sign of an en
Instant Reaction: Trump Threatens to Escalate Iran War in Primetime Speech
President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term. Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He
Midterms in Focus after 'No Kings' Rallies, CPAC
'No Kings' marches took place across the US on Saturday, with participants opposing President Trump's policies including federal funding cuts to welfare programs, the war with Iran and aggressive Immigration and Customs Enforcement tactics. As the CPAC Conference concluded, GOP attendees showed cracks of dissension over the war in Iran, with some expressing opposition to the conflict. Trump
House GOP Sets Up Senate Clash on TSA Funding
President Donald Trump signed a memo directing Transportation Security Administration personnel to be paid, a bid to alleviate disruptions at US airports as Congress battles over how to end the ongoing partial government shutdown. House Republicans on Friday rejected bipartisan Senate legislation to fund most of the Department of Homeland Security. Instead, they plan to vote on a spending package
DHS Funding Fight, Trump Gives Iran 48 Hours to Open Strait
President Donald Trump threatened to attack Iran’s power plants if the country didn’t swiftly reopen the Strait of Hormuz to commercial ship traffic after the passage of oil and gas cargoes was paralyzed. Trump said in a social media post late Saturday that he would “hit and obliterate” Iran’s power plants, beginning with the biggest one, if it didn’t open the s
US Lifts Sanctions on 140 Million Barrels of Iranian Oil
The US has allowed the sale of Iranian oil and petrochemical products that have been loaded onto tankers, its latest effort to counter rising oil prices due to the Middle East war. This comes as the US military said it has been able to degrade Iran’s ability to target ships moving through the Strait of Hormuz as President Donald Trump floated the idea of “winding down” military e
Trump Asserts Iran Wants to End War. Tehran Says No Proposal
President Donald Trump said Iran is ready to make a deal to end the war but the US wants better terms, signaling no letup in a conflict that’s brought shipping in the strategic Strait of Hormuz to a near standstill and upended energy markets. Separately, Iranian Foreign Minister Abbas Araghchi said the Islamic Republic is open to “any regional initiative that leads to a fair end to the
Trump Strikes Iran’s Kharg Oil Hub; War Enters Third Week
The US struck military sites on Kharg Island, from which Iran exports almost all its oil, for the first time overnight, upping the ante in a Middle East war that’s raged for more than two weeks and shows little sign of easing. President Donald Trump said military facilities on the Persian Gulf island had been “obliterated,” adding that he chose not to hit oil infrastructure &ldqu
Iran Picks New Supreme Leader, War Enters Ninth Day
Iran picked a new supreme leader and kept up attacks on the ninth day of the war in the Middle East, hitting a water plant in Bahrain, while Israel struck fuel depots in Tehran and threatened the Islamic Republic’s power grid. Tehran didn’t disclose the identity of the new leader. The chaos that has gripped the oil market looks set to deepen, with more production getting cut as t
Traders Warn of $100 Oil as Iran Conflict Rages On
President Donald Trump demanded Iran capitulate in the war’s seventh day, suggesting a longer timeframe for the conflict even amid energy-market tumult and worries about whether the US has the military stockpiles to carry on the fight indefinitely. “Today Iran will be hit very hard!” Trump said in a social media post in the early hours of Saturday, as the US and Israel bomb
Khamenei Dead After Airstrikes on Iran, Three Service Members Killed in Action
Ayatollah Ali Khamenei, the supreme leader of Iran who ruled over the Islamic Republic for more than three decades as it faced off with the West, was killed Saturday after the US and Israel launched airstrikes on Tehran. Iranian media on Sunday confirmed the death, saying Khamenei was killed in his office compound and that there will be 40 days of national mourning. This comes as three US service
Next Steps in Iran After Death of Khamenei
Iran’s supreme leader was killed in US–Israeli airstrikes, a seismic development in a conflict that’s spread to half a dozen countries across the Middle East and threatens to disrupt energy flows. For details, and suggestions of what happens next, 'Bloomberg This Weekend' hosts David Gura and Christina Ruffini speak with Bloomberg anchor Joumanna Bercetche in Dubai, Bloomberg Isr
US, Israel Attack Iran as Trump Urges Regime Change
The US and Israel began striking targets across Iran, with President Donald Trump urging Iranians to overthrow the government in a conflict that threatens to spiral across the oil-rich Middle East. “The hour for your freedom is at hand,” Trump said, addressing Iranians in a video posted on Truth Social on Saturday. “When we’re finished, take over your government
Hakeem Jeffries Talks Iran, Impeachment & Midterm Elections
House Minority Leader Hakeem Jeffries joins David Gura and Christina Ruffini to discuss a potential US attack on Iran. They also discuss whether Democrats will seek to impeach President Donald Trump if they gain control of the US House of Representatives in November's midterm elections. For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and S
Introducing: Bloomberg This Weekend
'Bloomberg This Weekend' features unique conversations on business, news, lifestyle and culture. Join David Gura, Christina Ruffini and Lisa Mateo Saturdays and Sundays for discussions with business leaders, lawmakers and cultural icons. Watch the show LIVE on Bloomberg Television from 7AM-10AM Eastern Time. Listen to the show LIVE on Bloomberg Radio from 7AM-10AM Eastern Ti
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