Bloomberg Markets
Former Federal Reserve Governor and former Wells Fargo chair Betsy Duke analyzed the recent inflation data, noting that headline and core inflation figures came in as expected but remain concerning for everyday consumers. She emphasized that while the Federal Reserve committee is unlikely to take immediate action at the next meeting, the persistent rise in living costs—especially energy prices—continues to outpace wage growth, creating financial strain for many households. She speaks
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Asian stocks were poised for losses on Thursday as a tech-led selloff on Wall Street and rising oil prices fueled by renewed Middle East tensions weighed on sentiment.
Bloomberg Markets
Oil jumped after the US started new strikes on Iran, putting further strain on a fragile ceasefire and threatening to prolong the conflict in the Middle East that’s upended global markets.
Yahoo Finance
Financial Times
Second day of attacks put fragile ceasefire under new strain, pushing up oil prices
Yahoo Finance
MarketWatch
Traders who once bet on crypto have not stopped gambling on the next big market story — they just are not finding that story in crypto itself.
Bloomberg Markets
Ben Hylak, founder and CTO of AI monitor Raindrop, says that the ability for AI to fix its own mistakes is the last 'big problem to solve' for humanity and that his company's role is to help companies 'raise the floor' of how AI models work in their system.
Hylak, a former SpaceX and Apple engineer, also commented on the upcoming IPO, saying that SpaceX is one of the most 'mission driven' companies he's been a part of. (Source: Bloomberg)