on platforms like ours where we we we actually supply much larger, more complex work with skilled workers, we're seeing AI actually enhance work and actually start to augment and accelerate categories that that some people thought would be disrupted. Things like video and animation, um contract law, accounting and bookkeeping. All of these categories are actually being accelerated and advanced by AI.AI is driving things in our business in two ways. you know the first is um you know what I refer to as the AI ...

We're about 2 minutes away from the end of this trading day. Scarlet Fu and Katie Greifeld here to take you through the closing bell. We've got a global simulcast, so let's bring in our friends and radio Carol Massar and Jess Menton Who is in for Tim Stenovec.So it's a ladies this Friday evening bringing together the best of our Bloomberg Television and Bloomberg Radio talent and our YouTube audiences. We want to welcome you worldwide to pass through the most crucial moments of the trading day. I feel like ...

Feels like we need a little bit of a history lesson. The news that's got them moving, we've got we've got Fannie Mae. It's up about 20%.I'm looking at Freddie Mac, up about 22%. And this is after the administration is said to be preparing to sell shares in an offering that could start as early as this year. Again, according to that senior administration official.With the latest on that and kind of, as I said, a history lesson. Bloomberg TV and Radio International economics and policy correspondent Michael M ...

Trump's tariffs have stunned the gold market. That's because the US Customs and Border Protection made clear that imports of one kilo and 100 ounce gold bars are now subject to tariffs. A major shock to the industry, which is used to those bars being exempt.Gold industry executives, analysts and traders are now all scrambling to understand what this US policy means for them, which is resulting in shipments being frozen and lots of price action. Gold futures, which are backed by those bars of gold, rose to a ...

Live from Washington, D. C. Is balance of power with the Joe Matthew.Lower interest rates may require more than a new Fed chair. Welcome to the Friday edition of Balance of Power, as we focus on persistent questions surrounding President Trump's tariff program now that the regime is in place will be joined this hour by Bloomberg's Tom Auralic, one of the forces behind the new book, The Price of Money. Well, check new research on the tariff impacts with our trading partners with Ernie Tedeschi at the Yale Bu ...

Of course, MicroStrategy strategy, as it's now known, really started this crypto treasury company trend that we're seeing now. I know that you broadly are supportive of seeing that seeing competitors come out and also raise their own crypto treasuries. But how do you feel about the trend that now it's moving more into altcoins, it's moving away from Bitcoin.Do you think that that's a sustainable setup. You know, I still think the vast majority of the capital flowing in the space is flowing into Bitcoin. We' ...

I think what's really important here and to stress is that this is amongst conversations right now between the United States and Russia and we don't have any indication just yet if Zalinski would sign off on this. But what this would mean is Crimea, which most people have assumed that that would stay within Russian territory and X in 2014. Um Putin is demanding also that Ukraine seed its entire eastern Donbos area to Russia.This is where it could be very complicated for Keev because uh that would require Zi ...

Bitcoin is digital gold. It's going to accelerate the migration of capital from physical gold to digital gold. Uh you know, Bitcoin lives in cyberspace.No tariffs in cyber space. The big appeal of Bitcoin is it's not physical. It doesn't have weight.You can settle anywhere with anybody in a few minutes. And so gold has always been too heavy, too slow, you know, and you can't really ship it across an ocean. And if you do, now you're getting tariffs.So, I really think it just reminds everybody why the digital ...

MATT: BOLD IS GOING CRAZY 30 MINUTES UNTIL THE START OF TRADING. CASH GOLD IS GOING CRAZY. 30 MINUTES UNTIL THE START OF TRADING.KATIE: "BLOOMBERG OPEN INTEREST" STARTS RIGHT NOW. MATT: THE U.S. CONFIRMS ITS FOOTING LEVIES ON MARS. MEANWHILE, THE PRESIDENT POSSIBLE SURPRISE PICK FOR FED GOVERNOR GET SOME TIME TO FOCUS ON THE NEXT FED CHAIR AND ON THE CORPORATE FRONT, 10 STOCKS HAVE DRIVEN 80% OF THE S&P RALLY SINCE LIBERATION DAY.NO SURPRISE. KATIE: TAKING A LOOK AT META, THEY ANNOUNCED FINANCING FOR A $21 ...

Trump's tariffs have stunned the gold market. That's because the US Customs and Border Protection made clear that imports of 1 kilo and 100 ounce gold bars are now subject to tariffs. A major shock to the industry which is used to those bars being exempt.Gold industry executives, analysts, and traders are now all scrambling to understand what this US policy means for them, which is resulting in shipments being frozen and lots of price action. Gold futures, which are backed by those bars of gold, rose to a r ...