In Iran, the US continued search-and-rescue operations for a crew member from an F-15E fighter jet shot down by Iran on Friday, as Tehran kept up attacks on Gulf Arab states and Israel.

A second US combat plane reportedly crashed in the Persian Gulf the same day. The incidents mark a significant blow for Washington as the war enters its sixth week with energy prices rising and little sign of an end to the conflict.

On today's show, Bloomberg This Weekend hosts Christina Ruffini and Joe Mathieu speak with:

- Marc Caputo, Senior Politics Reporter at Axios, Ethan Bronner, Bloomberg News Israel Bureau Chief, and Former Assistant Secretary of State for Political-Military Affairs, Brigadier General Mark Kimmitt, on the search for a missing US airman in Iran.

- DNC Chair Ken Martin, on President Trump seeking a massive increase in defense spending, and how Democrats are approaching their messaging on the campaign trail.

- Diana Rosero-Pena, Equities Research Analyst for Bloomberg Intelligence, on a decline in Easter candy sales.

Plus, Christina, Joe, and Lisa Mateo play Pointed: The News Quiz for Risk Takers.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.