US Latino GDP currently stands at $4 trillion. If measured independently, the figure equates to the world's fifth-largest economy, exceeding that of the United Kingdom and France, and tying with India, which boasts a population 20 times larger.

Ana Valdez is the President and CEO of the nonprofit Latino Data Collaborative, which researches and highlights the vital contributions of US Latinos to the American economy. She breaks down the key sectors being driven by US Latinos, and explains why investors who’ve ignored this emerging demographic are leaving significant money on the table. Ana speaks with Tim Stenovec and Emily Graffeo on Bloomberg Businessweek Daily.

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US President Donald Trump and Ukrainian leader Volodymyr Zelenskiy expressed optimism their summit with European leaders could result in trilateral talks with Vladimir Putin over ending the Russian leader’s war in Ukraine.

The White House meeting came days after the US president met Putin in Alaska. But while that gathering — which saw Trump say the onus was on Zelenskiy to end the three-year-long conflict — sparked concern among allies, Monday’s meeting provided Ukraine reason for hope.

Zelenskiy said he was encouraged that the US would participate in security guarantees as part of any peace deal, and signaled that Trump had agreed to a key ask: that discussion of territorial exchanges be reserved for direct talks with Putin. Trump signaled that he may be able to convince Russia to release as many as a thousand prisoners as a show of good faith.

More broadly, the two leaders — who have often struggled to work harmoniously since Trump’s return to power — spent the afternoon praising each other and underscoring the unity between Kyiv and Washington.

Today's show features:

• Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch on Monday's White House summit on Ukraine
• Dr. Angela Stent, Senior Fellow at the Brookings Institution, on President Donald Trump’s meeting with Ukraine’s Volodymyr Zelenskiy and EU leaders
• Andrew Krei, Co-CIO of Crescent Grove Advisors, on key macro trends to watch for the rest of 2025
• Andy Marsh, CEO of Plug Power, on recent earnings, clean hydrogen production progress and the company securing a loan from the Department of Energy earlier this year

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The US Department of Energy intends to offer funding opportunities totaling nearly $1 billion “to advance and scale mining, processing, and manufacturing technologies across key stages of the critical minerals and materials supply chains,” it said in a statement this week. The proposed funding is meant to accelerate the US critical minerals and materials sector and reduce reliance on foreign suppliers.

One of the companies impacted by this announcement is Factorial Energy, a producer of solid-state batteries that has partnered with automotive manufacturers such as Mercedes Benz, Stellantis and Hyundai. Dr. Siyu Huang, Factorial's founder and CEO, discusses the market landscape for critical minerals in the midst of a global trade war. Dr. Huang speaks with Tim Stenovec and Carol Massar on Bloomberg Businessweek Daily.

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