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Latest news from trusted sources around the world

Economy Bloomberg
Why Philosophers Are Worried About AI

Debate over artificial intelligence has largely focused on whether machines could become too powerful. Harvard philosopher Michael Sandel argues that a more immediate question is …

Economy Bloomberg
Larry Ellison Risk Exposed by Paramount and Oracle Debt Binges

As Paramount Skydance Corp. and Oracle Corp. vault into the ranks of corporate America’s biggest borrowers, their links to the same man — billionaire Larry …

Economy Bloomberg
Can AI Outrun America’s Deficit Problem?

National Economic Council Director Kevin Hassett argues that the economic benefits of AI may be greater than current data show, comparing today’s dynamics with the …

Economy Bloomberg
Pakistan, India Trade Accusations Over Deaths at Border

Pakistan said it summoned India’s chargé d’affaires on Saturday to protest against the killing of two Pakistani civilians by India’s Border Security Force.

Economy Bloomberg
London Gold Body’s Legal Fight Exposes Threat to Bullion Market

The industry body that sets the rules for the world’s biggest gold market faces an existential legal battle in a London courtroom next week, in …

Economy Bloomberg
Israel’s Supreme Court Overturns Election Ban on Arab Parties

Israel’s highest court unanimously reversed a ban on Arab parties from participating in elections slated for the end of October.

Economy Bloomberg
Malaysia Eyes $245 Million Naval Missile System, Star Reports

Malaysia’s defense minister said the government is considering spending more than 1 billion ringgit ($245 million) on a new naval strike missile system after a …

Economy Bloomberg
UAE Probe Labels FlyDubai Cockpit Ax Attack a Terrorist Act

A United Arab Emirates investigation of the near-catastrophic FlyDubai flight said the co-pilot attempted “to carry out a terrorist act” as more details emerged about …

Economy Bloomberg
Europe’s Stocks Are Straining Under Pressure From Bond Yields

A historic surge in global bond yields is becoming a bigger problem for European stocks as investors confront the possibility of stubborn inflation and mounting …

Economy Bloomberg
IMF Approves Bolivia Loan Deal to Support Paz’s Economic Reforms

The International Monetary Fund approved a $1.9 billion financing program for Bolivia, including an immediate $214 million disbursement, in a package designed to help President …

Economy Bloomberg
Stocks Rise As Jobs Report Eases Fed-Hike Worries

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall …

Economy Bloomberg
Wall Street Week | Your Brain on AI, Rare Earth Race, College …

This week, National Economic Council Director Kevin Hassett says AI’s productivity boost may be much larger than official economic data currently indicate. And, AI companies …

Economy Bloomberg
Former CEA Chair on Jobs Report, GDP Growth

Former CEA Chair Cecilia Rouse believes that we may be 'entering a new normal' of the jobs report, with the break even potentially settling in …

Economy Bloomberg
Morgan Stanley's Nike Analyst on quarterly earnings

Morgan Stanley's Alex Straton sees Nike sales and earnings softening as the company deals with inventory gluts in North America and China. She speaks with …

Economy Bloomberg
Pam Bondi’s Secret DOJ Email Address Revealed

A FOIA request has uncovered another little-known feature of life at the top of the Justice Department: attorneys general have used alternate email addresses to …

Economy Bloomberg
EM Assets Find Relief as US Jobs Data Eases Rate Fears

An index tracking emerging-market currencies climbed to a session high after weaker-than-expected US jobs data prompted traders to scale back bets on another Federal Reserve …

Economy Bloomberg
CEA Chairman: Inflation coming down sufficiently fast

Chris Phelan CEA Chairman, sees inflation clearly easing and thinks it's doing so quickly enough. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Economy Bloomberg
Lukoil Loses Bid to Dismiss Suit Over Franchisee Fuel Pricing

The owners of almost 30 Lukoil PJSC filling stations in Pennsylvania and New Jersey can proceed with a lawsuit accusing the Russian oil giant of …

Economy Bloomberg
Former Labor Secretary Rob Reich on Sept. Jobs Report

Robert Reich, former US Labor Secretary, discusses persistent inflation, very slow hiring, and wages that trail prices. He speaks with Romaine Bostick on Bloomberg's "The …

Economy Bloomberg
CME Shelves Plans for 24/7 Oil Contract Amid Industry Qualms

CME Group Inc. is shelving plans to launch a round-the-clock oil contract following industry pushback.

Economy Bloomberg
French Bond Risk Hits Euro-Crisis Levels

French government bonds deepened this week’s slump, with investors demanding the biggest yield premium to hold the bonds over safer German debt since the region’s …

Economy Bloomberg
Gabon’s Bond Yields Surge With Debt Numbers Raising Questions

Gabon’s dollar-bonds are the worst performers in emerging markets this week after the government held a series of investor calls on plans to sell new …

Economy Bloomberg
Rebecca Patterson Warns On Fragile Bond Markets

Global markets are rallying on softer payrolls, but Council on Foreign Relations Senior Fellow Rebecca Patterson warns that the real story is rising bond yields, …

Economy Bloomberg
Sleepless on Wall Street: All-Night Stock Exchanges Coming Soon

For decades, US equity exchanges have hit the pause button every night, leaving markets shut for several hours. Come December, the lights will stay on …

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