Without the great financial crisis, that's my hypothesis. Maybe I'm wrong. Bitcoin wouldn't exist today in a shape in a form we have it because we never solved the great financial crisis in 2008 9 as I said it was a great time for me financially but banks needed bailout and my view was and management didn't like that that we all should go bust.We screwed it up. We should own up to our mistakes and just let the banks default. Nobody cares.The water is still flowing. Electricity is still coming and the system ...

This is something that we want to explore before we hand things over to Bloomberg Businessweek daily. Kaylee, Where are we at. $66.West Texas Intermediate 66 and a half. Now, there's a 2% move today. And of course, you know, we were talking about plumbing, the depths of prices with oil just weeks ago this march to a potential strike once again against Iran has changed the game.And we wanted to ask Mike McGlone about the latest here. Bloomberg Intelligence, senior commodity strategist, has been a bear on oil ...

Amazon's market cap surpassed that of Walmart's a long time ago, but only now have Amazon's sales overall surpassed that of Walmart. Really, over the past few years, we've moved away from comparing Walmart to Target and we've moved toward comparing Walmart to Amazon. And this is just another example.So many on both Main Street and Wall Street discussing this crossover this morning with Amazon surpassing $717 billion in sales in 2025, whereas Walmart posted annual sales of 713.2% billion for 2025. And it goe ...

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showing the trade deficit surging in December. This is important too. 70 billion up 33% from November.Let's discuss it all with David Zervos. He's the chief market strategist at Jeffre. David, it's great to see you.I mean, is it bad. I kind of want to talk trade deficit a little bit. Like it's was that just a one-mon aberration.What's going on here. >> I think look, I've never gotten very excited about one month or even three months of data. I think you need to see the trend and the trend has been that uh t ...

Surging precious metals prices aren't just boosting investor bottom lines, they're also increasing the value of this year's Olympic medals. Now, in Milan, Cortina, a gold medal is currently worth nearly $2,400 in melt value. That's more than double from the Paris games just two years ago.Meanwhile, silver medals are nearly triple the 2024 levels. Joe, you're in this trade with Pneumont. Take us through what you think.>> In the trade with Pneumont to a certain extent, in the trade with Freeport, Macaran, you ...

>>> GOOD THURSDAY MORNING. AN UNPRECEDENTED ARREST IN GREAT BRITAIN THIS MORNING AN UNPRECEDENTED ARREST IN GREAT BRITAIN THIS MORNING. >> FORMER PRINCE ANDREW NOW IN POLICE CUSTODY. IT IS FEBRUARY 19th. THIS IS "TODAY. " >>> BREAKING NEWS. ANDREW MOUNTBATTEN-WINDSOR, THE DISGRACED EX-PRINCE ARRESTED ON SUSPICION OF MISCONDUCT DURING HIS TIME AS THE DUKE OF YORK. THE DRAMATIC DEVELOPMENT COMING AMID A FLURRY OF NEW DETAILS ABOUT HIS CONNECTION TO JEFFREY EPSTEIN REVEALED IN THOSE NEWLY RELEASED JUSTICE DEPA ...

The first meeting of President Trump's Board of Peace just wrapped up in Washington. At least 27 countries on the board had representatives there, while other countries like Italy, South Korea, and the European Union were there as observers. >> Notably absent are several key US allies like the UK, France, which have opted not to join that group.Well, today's meeting focused on the next steps for the ceasefire in Gaza. And it's happening as US officials say the military is building up its presence there in t ...

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