Treasury Secretary Scott Bessent said that it would be “up to the president” if he wants to sue his nominee to chair the Federal Reserve for not lowering interest rates to his liking.
The luxury Swiss watchmaker Breitling is making its debut as the official watch partner of the Aston Martin Formula One team. The move is part of a broader push by luxury brands to cash in on Formula One's surging global popularity in recent years. Georges Kern, Breitling CEO joined Bloomberg Open Interest to talk about the partnership.
On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss Bitcoin falling below $70,000 with Nobel Laureate in Economics Paul Krugman, who calls the world's biggest cryptocurrency a "total bust." Fidelity Investments Director of Global Macro Jurrien Timmer also weighs in on Bitcoin price action and broader market volatility. Plus, Brooks Running CEO...