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Biden: US Probing New Orleans Attack, Cybertruck Blast

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US President Joe Biden said authorities are investigating if there’s a possible connection between the New Orleans attack — where at least 15 people were killed when a pickup truck drove through a crowd — and the Cybertruck explosion in Las Vegas. The FBI said an ISIS flag was recovered from the vehicle in New Orleans. The suspect, Army vet Shamsud-Din Jabbar, was killed at the scene. The Tesla truck exploded outside a Trump hotel, killing the driver. Elon Musk said it was probably an act of terrorism.
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Wall Street Week | High Stakes Summit, New Zealand’s Brain Drain, Stablecoin Adoption, Bubbly Water

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This week, China thinks it’s cracked the code on Trump heading into a summit in Beijing. And, what happens when a country’s …

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Fed Can’t Lose Credibility, Says Doubleline’s Campbell

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Bill Campbell, Doubleline Global, Sovereign and Emerging Markets Head, talks about how the war with Iran is impacting markets, a lasting inflation shock and making sure markets don’t lose confidence in the Federal Reserve. He speaks on a special “Bloomberg The Close” from Los Angeles.
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Why does it cost so much to build new things in New York City?

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New York City is a famously expensive place to do construction.

On this episode of the Odd Lots podcast, Elizabeth Crowley, president and CEO of BTEA and Michael Capasso, president and CEO of CAC Industries, tell Joe Weisenthal and Tracy Alloway how insurance, among other factors, is driving costs up and why now is the time for reform.
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We’re Going Towards a Cliff on Oil Says Hochstein

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Former Middle East Senior Advisor to President Biden Amos Hochstein joins Bloomberg at the Milken Institute Global Conference to discuss the war in Iran. He says we’re going towards a cliff on oil and oil products by the end of this month and that the bite will deepen every day.
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New Zealanders Are Moving to Australia in Record Numbers. Can It Get Them Back?

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About 41,000 New Zealanders moved to Australia in 2025, the most in 12 years, drawn by a more robust jobs market. When even former Prime Minister Jacinda Ardern left, it made international headlines. Net citizen migration is at its lowest since records began, and unlike in past waves, people aren’t coming home. Former PM John Key, Cambridge Provost Gillian Tett, and a young lawyer who says he doubled his salary by leaving explain what’s gone wrong and what it would take to reverse it.
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