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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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."

Hosted by Carol Massar and Tim Stenovec

Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

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President Donald Trump and Russian counterpart Vladimir Putin began discussions at a highly anticipated summit with the US leader looking to secure an end to the war in Ukraine.
Reporters later saw the two in a room with their aides, as the discussions formally began, but the leaders did not take any questions. Alongside Trump were US Secretary of State Marco Rubio and special envoy Steve Witkoff, while Putin was joined by Foreign Minister Sergei Lavrov and Kremlin foreign policy aide Yuri Ushakov.

Moments earlier, Trump had greeted Putin with a warm handshake and a pat on the arm in their first face-to-face encounter of the US president’s second term. The two leaders disembarked from their planes, walking across the tarmac to red carpets before meeting in a highly choreographed opening. Trump clapped as he watched Putin approach.

Trump and Putin paused for a moment to watch a flyover and the US president was seen putting his hand on the Russian leader’s back as they walked down a set of steps. The two leaders appeared to be engaged in friendly conversation as they entered the Beast, as the US president’s armored limousine is known, and departed.

The Russian leader was seen laughing as the vehicle departed as he began a visit that marked his first invitation to the US in nearly a decade.

Today's show features:

• Elise Giuliano, Senior Lecturer in Political Science at Columbia University, on expectations for the Trump-Putin summit
• Jimmy Lee, Founder and CEO of the Wealth Consulting Group, on the Federal Reserve, investing and asset allocation strategies
• Monica Duffy Toft, Professor of International Politics for The Fletcher Schoo at Tufts University, on the next steps for Ukraine after the meeting between President Trump and Russia’s Vladimir Putin

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Creatio is a global software company specializing in low-code and no-code process automation for customer relationship management (CRM) and enterprise workflows with artificial intelligence tools increasingly playing a part. Millions of workflows are launched on the platform daily by thousands of clients across 100 countries, with a funding round completed in June 2024 having raised to company's value to $1.2 billion.

Katherine Kostereva, Creatio's founder and CEO, discusses the impact of AI on the tech labor landscape and why she believes the emerging technology won't negatively impact coders. Katherine speaks with Tim Stenovec and Carol Massar on Bloomberg Businessweek Daily.

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The Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, helping support the company’s effort to expand domestic manufacturing, according to people familiar with the plan.

The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear.

The plans stem from a meeting this week between President Donald Trump and Intel Chief Executive Officer Lip-Bu Tan, the people said. The idea is for the US government to pay for the stake and details are being sorted out, one of the people said. Another cautioned that the plans remain fluid.

Today's show features:

• Bloomberg News Senior Executive Editor for Global Tech Tom Giles and Deals Reporter Ryan Gould on the Trump administration entering talks with Intel Corp. to potentially take a stake in the company
• Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch on President Donald Trump’s comments ahead of his summit with Russia’s Vladimir Putin
• Nicola Willis, Minister of Finance for New Zealand on the global trade war, golden visas and her nation’s economic outlook
• Sarah Ponczek, Senior Vice President of Private Wealth Management for UBS Private Wealth Management, on markets and the Federal Reserve

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Apple Inc. is plotting its artificial intelligence comeback with an ambitious slate of new devices, including robots, a lifelike version of Siri, a smart speaker with a display and home-security cameras.
A tabletop robot that serves as a virtual companion, targeted for 2027, is the centerpiece of the AI strategy, according to people with knowledge of the matter. The smart speaker with a display, meanwhile, is slated to arrive next year, part of a push into entry-level smart-home products.
Mark Gurman, Managing Editor for Global Consumer Tech for Bloomberg News, explains why home security is seen as another big growth opportunity for the tech giant. Mark speaks with Tim Stenovec and Carol Massar on Bloomberg Businessweek Daily.

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