Ed Kalecki

The U.S.

said it further stepped up strikes at Iran as both sides in the war threatened to escalate a conflict hitting its two-week mark that has upended energy flows and financial markets.

U.S.

Defense Secretary Pete Hegseth says the 14th day of the war marked the largest attacks yet in the Islamic Republic, with the U.S.

and Israel hitting around 15,000 targets since the war began.

Hegseth spoke Friday about the situation in the Strait of Hormuz.

Interior Secretary Doug Burgum spoke Friday afternoon with Bloomberg Balance of Power about U.S.

energy production.

Interior Secretary Doug Burgum.

Jeanine Pirro, who leads the U.S.

Attorney's Office for the District of Columbia, vowed to continue her investigation of Fed Chair Jerome Powell.

after a judge rejected subpoenas issued to the central bank, threatening to delay the confirmation of Kevin Warsh's Powell successor.

U.S.

District Judge James Bosberg said the government had advanced no evidence to justify the subpoenas relating to renovations to the Fed's headquarters and Powell's comments about the project, and said they clearly reflected an improper motive of retaliating against Powell over policy differences.

Pirro disagrees.

She continued.

Nobel laureate and economist Paul Krugman tells Bloomberg Pirro's investigation is based in harassment.

Nobel laureate and economist Paul Krugman.

Wall Street wraps up another volatile week with losses.

That story from Bloomberg's Charlie Pellett.