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Tech Chiefs Accompany Trump on China Trip
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Tech Chiefs Accompany Trump on China Trip

[RSS: feeds.bloomberg.com] President Trump arrived in Beijing for a high-stakes summit with Xi Jinping aimed at stabilizing US-China ties against the backdrop of the Iran war and the race to control and contain AI. Tech CEOs including Jensen Huang and Elon Musk tagged along, s...

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Admin · 1 min read
Retail Euphoria Turns Six-Week Fund Into Record-Busting AI Trade
Politics

Retail Euphoria Turns Six-Week Fund Into Record-Busting AI Trade

[RSS: feeds.bloomberg.com] Brian Emes manages a retail store in Lethbridge, Alberta, a small city on the Canadian prairie about a two-hour drive from the US border. On the morning of May 11, before opening the shop, the 43-year-old launched his brokerage app and bought 55 shar...

A
Admin · 1 min read
Bond Selloff Threatens to Knock AI Stock Frenzy Off Course
Politics

Bond Selloff Threatens to Knock AI Stock Frenzy Off Course

[RSS: feeds.bloomberg.com] Investors are fervently chasing the hot rally in tech and AI stocks while widely acknowledging that rising yields threaten to knock equities off course.

A
Admin · 1 min read
Wall Street Week | Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff
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Wall Street Week | Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff

[RSS: feeds.bloomberg.com] This week, Ray Dalio explains why markets shrug off wars and why this time might be different. And, why are AI executives warning about the dangers of systems they are simultaneously racing to build? Plus, China’s massive investments in energy infra...

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Admin · 1 min read
Long Island Rail Workers Strike in First Walkout Since 1994
Politics

Long Island Rail Workers Strike in First Walkout Since 1994

[RSS: feeds.bloomberg.com] The Long Island Rail Road, the nation’s busiest commuter line, will suspend service for the first time in more than 30 years after labor groups and transit officials failed to reach a deal on wage increases by a Friday night deadline.

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Admin · 1 min read
Harvard’s Endowment Chief Begins Plans to Depart from Fund
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Harvard’s Endowment Chief Begins Plans to Depart from Fund

[RSS: feeds.bloomberg.com] Harvard University’s endowment head, N.P. “Narv” Narvekar, has begun discussions about departing from the investment fund valued at $56.9 billion.

A
Admin · 1 min read
NY Commuter Rail Strikes, Stranding 300,000 Daily Riders
Politics

NY Commuter Rail Strikes, Stranding 300,000 Daily Riders

[RSS: feeds.bloomberg.com] The Long Island Rail Road, the nation’s busiest commuter line, will suspend service for the first time in more than 30 years after labor groups and transit officials failed to reach a deal on wage increases by a Friday night deadline. Bloomberg News...

A
Admin · 1 min read
India Tightens Silver Import Rules Amid Measures to Defend Rupee
Politics

India Tightens Silver Import Rules Amid Measures to Defend Rupee

[RSS: feeds.bloomberg.com] India tightened rules for imports of silver, one of a number of measures to preserve foreign-exchange reserves and defend the rupee after the currency sank to an all-time low.

A
Admin · 1 min read
Latvia’s President Nominates Kulbergs to Form New Government
Politics

Latvia’s President Nominates Kulbergs to Form New Government

[RSS: feeds.bloomberg.com] Latvia’s President Edgars Rinkevics nominated Andris Kulbergs of the United List party to form a new government after Prime Minister Evika Silina resigned on Thursday following a row over how the armed forces handled a drone incursion last week.

A
Admin · 1 min read

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