9+ hour, 22+ min ago   (820+ words) Last September, Bloomberg News Editor-in-Chief John Micklethwait got a call from US Treasury Secretary Scott Bessent. The secretary had been a regular on Bloomberg’s TV programming and in its reporting for years, first as the founder of a hedge fund,…...

11+ hour, 36+ min ago   (143+ words) Semafor Trump says US interest rates should be lowest in the world President Donald Trump said on Sunday that the US should have the world’s lowest interest rates, piling pressure on Federal Reserve Chair Kevin Warsh days before the bank…...

3+ day, 11+ hour ago   (146+ words) The dual-listing reflects both the lab’s need for cash as well as concerns over a congested IPO pipeline in Hong Kong. Leading Chinese AI startup Moonshot is reportedly exploring going public in Shanghai and Hong Kong, reflecting both the labâ…...

3+ day, 17+ hour ago   (131+ words) A look at the possible risk factors for the Anthropic and OpenAI IPOs now that fear about AI destroying humanity is mainstream. The SceneExistential AI fears broke containment this week after an Anthropic researcher quit, warning that frontier labs are…...

3+ day, 19+ hour ago   (155+ words) China remains by far the world’s coal heavyweight: Its power sector alone consumes one-third of the world’s coal. Rising natural gas prices wrought by the Iran war will boost global coal consumption to a new record of nearly 9 billion metric…...

3+ day, 19+ hour ago   (249+ words) Ukraine is also angling to increase exports to Europe this winter, the CEO of the country’s top private energy company said. Despite attacks by Russia on its natural gas production fields, Ukraine has moved to a gas surplus and is…...

3+ day, 23+ hour ago   (149+ words) Higher energy and food prices pushed inflation up, adding to cost worries in a country that until recently was threatened with deflation. Chinese inflation accelerates for first time in months China’s inflation accelerated for the first time in months, compounding…...

4+ day, 11+ hour ago   (154+ words) US long-term bond yields jumped to three-year highs Wednesday after Treasury Secretary Scott Bessent’s bond buybacks failed to impress markets. US long-term bond yields spiked to three-year highs Wednesday after Treasury Secretary Scott Bessent’s bond buybacks failed to impress…...

4+ day, 12+ hour ago   (138+ words) Tulloch has been delaying his departure until the company successfully launched its new family of open source AI models and AI assistant, Muse. Meta AI researcher Andrew Tulloch, who gained attention for being one of the highest paid employees in…...

4+ day, 13+ hour ago   (140+ words) The Treasury Department will buy back up to three times its usual amount of long-term debt tomorrow as the Trump administration continues trying to bring borrowing costs down. Markets barely registered the announcement, with yields dropping before climbing back up....