JPMorgan’s Dimon Warns Again on Risks of Credit Downturn, . . .UAE Leaving OPEC at Right Time, Energy Minister Says, . . .Paramount Asks FCC to Bless Foreign Funding in Warner Bros. Deal, . . . Georgetown Students Lose Solitary Confinement Debate to Inmates, . . .OpenAI Hits Back at Growth Fears, Says ‘Firing on All Cylinders’

        

Brent Crude

111.24USD

3.01+2.78%

UAE to Leave OPEC in May as Iran War Reshapes Oil Market

The exit is a significant loss for the group, which has spent years balancing global oil markets and defending prices by managing crude supplies.

CL1

3.67%

Trump Says Iran Wants Hormuz Open in Tussle Over War’s End

Iranian Oil Tankers Are Clustering Just Shy of US Blockade Line

OpinionJavier Blas

The UAE’s OPEC Exit Is Existential for the Oil Cartel

Watch (6:04)

UAE Leaving OPEC at Right Time, Energy Minister Says

The AI Race

The Iran War and AIAltman Versus MuskGemini Mac App

Gabby Jones/Bloomberg

OpenAI Hits Back at Growth Fears, Says ‘Firing on All Cylinders’

ORCL

3.68%

CRWV

6.11%

Markets Wrap

Stocks Fall as Report on OpenAI Fuels Tech Jitters

Amazon Launches AI Productivity Software for Office Workers

Justin Tallis/AFP/Getty Images

 

 

 

 

 

 

 

 

 

Exclusive

US Ends Investigation Into Claims WhatsApp Chats Aren’t Private

Meta had vehemently denied those allegations and said it’s impossible for its workers to read messages because of how the WhatsApp platform is built.

META

1.35%

Carina Johansen/Bloomberg

 

 

 

 

 

 

 

 

 

JPMorgan’s Dimon Warns Again on Risks of Credit Downturn

The fact that there are more than 1,000 firms in the space probably means not all of them will fare well when the cycle turns, he said.

Private Credit’s Rude Awakening Gives Bond Funds a New Edge

Bloomberg Opinion

I Built an AI Trading Platform in Six Days. That’s Terrifying

By Darri Eythorsson, Columnist 

 

 

 

 

 

 

 

Let Candidates Place Bets on Themselves — at Least Sometimes

By Stephen L. Carter, Columnist

Conservatism Could Save America. The Small-C Kind

By Abby McCloskey, Columnist

OpenAI Is Shedding Baggage. Now It Needs a Jury’s Help

By Dave Lee, Columnist

 

 

Aaron Schwartz/CNP/Bloomberg

 

 

 

 

 

 

After Gala Shooting, DOJ Officials Seek to End Legal Challenge to Trump Ballroom

The security incident at a hotel during the annual dinner of the White House Correspondents’ Association proved why a larger, secure event space at the White House is needed, according to an official.

Jimmy Kimmel Defends Joke After Trump Calls for His Firing

 

 

 

 

 

 

 

 

 

 

Most Prediction Market Traders Are Losing Money While Bots Rack Up Gains

Data from millions of accounts shows that trading and profits are dominated by a tiny slice of highly active accounts.

Novogratz Says Bitcoin Retaking $100,000 Will Prove Difficult

War in Ukraine

Russian DisinformationImpasse Over TerritoryPutin’s War Budget

Current Time 0:26

Watch: How to Spot a Russian Deepfake

The Big Take

The Most Potent Weapon in Russia's Disinformation War

Storm-1516 uses fabricated videos, phony websites and anonymous influencers to spread tales about election fraud, corruption and sexual abuse.

Blue Apron’s Lone Meal Maker Files Bankruptcy After Food Recalls

Citadel’s Griffin to Meet With New York Governor After Mamdani Spat

Technology

AICybersecurityScreentime

Stefani Reynolds, Daniel Heuer/Bloomberg

OpenAI Trial Judge Lectures Musk, Altman on Trading Social Media Barbs

Airtel Eyes $2 Billion London IPO of Mobile Money Unit

T-Mobile Invests in Two Partnerships to Expand US Internet Access

 

 

Politics

UKEuropeMiddle EastAsia

Adam Gray/Bloomberg

Mamdani Pushes to Shrink NY Hedge-Fund, Private-Equity Tax Break

Tensions Between Pakistan, Afghanistan Resume Amid Fresh Attacks

UK Says Envoy’s Remarks on US Ties Don’t Reflect Official Stance

 

 

 

 

 

 

Work & Life

Management & WorkEqualityBusiness of Sports

DC Jail

Georgetown Students Lose Solitary Confinement Debate to Inmates

How Emma Grede Got Past a Big Mistake at Good American

Lululemon’s “Surprise” CEO Pick Has the Resume Companies Want Now

 

 

Green

New EnergyGreener LivingESG Investing

Akos Stiller/Bloomberg

Hungarian Nuclear Plant to Cut Block 2 Capacity 50% for Repairs

From the UK to South Korea, Consumers Turn to EVs as Oil Prices Spike

Spiking Oil Prices Spurred a EV Buying Spree in March