Bloomberg Bytes

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Newsom Wants AI ‘Kill Switch’ to Rein In Tech Industry

California Governor Gavin Newsom issued an executive order on Friday pushing to implement guardrails on artificial intelligence.

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Brookfield’s Flatt Says AI ‘Slowing Down Anyway’ as Builders Can’t Keep Up

How Existential Fears Are Shaping the Debate Over AI

Al Drago/Bloomberg

Exclusive

RFK Jr.-Linked Group Offered Access to US Officials for Payment

Federal health officials also frequently appear on Zoom calls with Kennedy’s political supporters. Kennedy has refuted speculation that he plans to run for president in 2028.

The Big Take

Marco Rubio Remakes Himself as Trump's MAGA Envoy

Bloomberg Opinion

The U.S. Wants China to Know It Has Weapons in Space

By James Stavridis, Columnist 

Noncitizens Don’t Sway Elections, Even in a Pro-Trump Tally

By Justin Fox, Columnist

Hollywood Got Too Comfortable With Ryan Murphy’s Monsters

By Brian Lowry, Guest Columnist

Warsh Did Well. But Where Does the Fed Go From Here?

Editorial Board

People Hooked on Vapes Try a New Way to Quit: Cigarettes

Vaping was supposed to help people ease nicotine addiction. That hasn’t worked out.

Is It Really AI End Times or Just ‘Cognitive Surrender’?

On this episode, we drill into the week’s apocalyptic warnings and a way to protect student brains from chatbot-induced atrophy. 

Trump’s Quest to Be Consequential Puts the Entire World at Risk

Never mind the Arc de Trump. The American president may be remembered more by his monumental mistakes.

Oil Prices Rebound

CO1

–0.10%

CL1

+0.53%

Saudis Give European Oil Buyers No Supplies for Next Month

Saudi Arabia was forced to shut its East-West pipeline last week after it was attacked by drones.

Related

Brent Steadies on Shifting Middle East Supply Outlook

Macron Calls for G7 Meeting to Mull Release of Oil Reserves

Current Time 0:35

Watch: How Warren Buffett Changed Investing Forever

Buffett Steps Down as Berkshire Chair, Ending Six-Decade Run

It is the latest step in the succession process at one of the world’s most storied investment titans.

Earlier

How Warren Buffett Plans to Dispose of His $140 Billion Berkshire Stake

Bond Rout’s Silver Lining Emerges With Chance to Grab 5% Yields

The rally in stocks, now in its fourth year, is also playing a big role in the appetite for bonds.

Markets Wrap

Stocks Fall as Fed-Hike Bets Boost Treasury Yields

Markets

Odd LotsETFsCryptoDeals

David Paul Morris/Bloomberg

Specialty Insurer Orion180 Slumps 4.2% After $240 Million IPO

Deutsche Bank’s DWS to Shut US Property Fund Hit by Redemptions

BofA Warns of Warsh’s Fed Raising Rates Above 5% in 2022 Redux