Curated Bloomberg Clips: America’s ‘Everything Is Rigged’ Era Is Toxic...Iran Threatens to Retaliate Beyond Middle East If US Attacks...SoftBank's $60 Billion Bet on OpenAI Is Spooking Some Insiders

        

Graeme Sloan/Bloomberg

The AI Boom Is Making Warsh’s Bond-Market Bind Even Worse

Wall Street analysts say AI is playing a role in pushing up the Federal Reserve's neutral rate by increasing demand for capital and fanning inflation.

US Equities Rise

SPX

+0.94%

NDX

+1.46%

Markets Wrap

Stocks Climb and Oil Falls on US-Iran Talks Report

Nvidia Earnings Are Set to Make or Break the Chip Stock Rally

The Big Take

SoftBank's $60 Billion Bet on OpenAI Is Spooking Some Insiders

Watch (3:03)

What to Watch for In Nvidia Earnings After the Bell

War With Iran

LatestIsrael, Lebanon CeasefireHormuz Chaos

Majid Saeedi/Getty Images

Iran Threatens to Retaliate Beyond Middle East If US Attacks

The US and Iran seem deadlocked over how to turn their fragile ceasefire into a more permanent peace, with neither side toning down its rhetoric.

US Crude Inventories Drop by Most on Record as Exports Surge

Putin Gets Trump Treatment From Xi in China

Current Time 0:01

Watch: SpaceX Expected to Make IPO Filing Public Today

What to Look for When SpaceX’s IPO Filing Is Made Public

The world’s largest private company is targeting as much as $75 billion in its listing at a valuation of more than $2 trillion.

Newsletter: Business of Space

SpaceX Tries to Fix Starship’s Payload Problem

Klaus Kremmerz

 

 

 

 

 

 

 

 

 

Wall Street Takes Its Cut of $34 Trillion in U.S. Homeowner Wealth

Investors are pouring money into housing contracts that exchange cash for a slice of future appreciation

US Mortgage Rates Rose Last Week to an Almost Two-Month High

Bloomberg Opinion

America’s ‘Everything Is Rigged’ Era Is Toxic

By David M. Drucker, Columnist 

 

 

 

 

 

 

 

Google Is Trying to Integrate Too Much AI Too Quickly

By Dave Lee, Columnist

Trump’s Massie Smackdown May Cost Him in November

By Mary Ellen Klas, Columnist

Trump’s $1.8 Billion Anti-Weaponization Fund Is a Sham

By Barbara McQuade, Columnist

 

 

Dennis Brack/Bloomberg

 

 

 

 

 

 

Barney Frank, Key Lawmaker During Financial Crisis, Dies at 86

The Democratic congressman helped craft the $700 billion Troubled Asset Relief Program, which became a widely resented government bailout of banking institutions and automakers.

Cassandra Klos/Bloomberg

 

 

 

 

 

 

 

 

 

Harvard Faculty Enacts Cap on A-Grades as Students Push Back

The vote institutes one of the strongest policies against grade inflation in US higher education in decades.

Earlier

Harvard Students Furious Over Plan to Crack Down on Grades

Watch: Trump Tightens GOP Grip With Massie’s Defeat in Kentucky

Trump Flexes Grip Over GOP With Massie’s Defeat in Kentucky

The primary was the latest test of whether GOP candidates could defy the president on high-profile issues and still get reelected.

Trump Taps Paxton Over Incumbent Cornyn in Texas Senate Rac

JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims

Exclusive

Tinder Is Betting Gen Z Daters Would Rather Be Offline

James Murdoch Agrees to Buy New York Magazine, Vox Podcasts

CEOs Are Getting Ruthless About Worker Performance

SpaceX IPO

SpaceX Going Public Is Igniting Wall Street’s Own Race to Orbit

Exclusive

Musk Turns to Loyalists to Rebuild xAI Ahead of SpaceX IPO

Businessweek

Elon Musk Really Needs Starship to Work This Time

SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town

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• Africa

  • US Ebola Spending Fell 99% in Five Years Leading Up to Outbreak

    
  • Nigeria Holds Rate, Sees Iran War Inflation Shock as Transitory

    
  • African Presidents, Street Parties Cheer Arsenal’s Title Win

    
  • Ebola Outbreak Likely Started Months Ago, Spread Undetected

    
  • Iran War Oil Disruption Prompts Nigeria Producers to Lift Output

    
• AI

  • Barclays CEO Says UK Should Seek Ways to Lower Cost of Brexit

    
  • The AI Boom Is Making Warsh’s Bond-Market Bind Even Worse

    
  • Samsung Reaches 11th-Hour Deal With Union to Avoid Chip Strike

    
  • Commerzbank CEO Says AI Will Cut €350 Million in Costs by 2030

    
  • Andreessen-Backed AI Search Startup Exa Valued at $2.2 Billion

    
• Energy

  • Putin Leaves Beijing With Little Progress on Key Gas Pipeline

    
  • Farallon Veteran Sees Once-in-a-Decade Chance in Brazil Turmoil

    
  • Power Firms Jump on Data-Center Timeline From Biggest US Grid

    
  • US Crude Inventories Drop by Most on Record as Exports Surge