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Mona Scott-Young, CEO of Monami Entertainment and executive producer of the “Love & Hip Hop” franchise, discusses her transition from entertainment enthusiast to talent manager, as well as Black representation and opportunities in the media industry. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
The sports-betting company sees “a massive, incremental opportunity” in the hot world of prediction markets.
Oil headed for the first back-to-back weekly drop this year on a risk-off tone in wider markets, concerns about a global crude glut, and the prospect of drawn out US-Iran talks over a nuclear deal.
Gold steadied after a sharp decline sparked by a wider selloff across financial markets.
Steve Moore, Co-Founder of Unleash Prosperity and a former Trump Economic Adviser, joins Bloomberg Businessweek Daily to discuss the state of the US economy as the second year of President Trump's second term begins, Trump's pick for the next Federal Reserve Chair Kevin Warsh, current trade policy, and more. Moore also weighs in on a Bloomberg report that Trump is weighing quitting the USMCA trade pact he negotiated during his first term. Moore says both the USMCA and NAFTA trade agreements are beneficial, saying that the USMCA agreement in particular is "enormously advantageous to the whole North American continent." Moore speaks with Carol Massar and Tim Stenovec, alongside Bloomberg Economics US and Canada Economist Stuart Paul. (Source: Bloomberg)
Clear Street Group Inc., a Wall Street broker built on cloud computing technology, has postponed its US initial public offering after cutting the target by nearly two thirds.