Stock Bubble Dread Grips Central Bankers in Washington
Kristalina Georgieva (Bloomberg) — Central bankers, already uneasy about trade tensions and swelling public debt, will collectively confront…
Apple’s Health and Fitness Teams Report to Eddy Cue in Reshuffle
Apple is set to reorganize its health and fitness divisions under its Services group, according to a new…
Google Wants Right to Bundle Gemini AI App With Maps, YouTube
(Bloomberg) — Alphabet Inc.’s Google wants to retain the right to bundle its popular mapping and video apps…
Starlink Rival AST SpaceMobile Gets Rare Sell Amid 254% Run
A rendering of an AST SpaceMobile satellite. (Bloomberg) — AST SpaceMobile Inc. shares have more than tripled this…
JPMorgan’s Dimon Says AI Cost Savings Now Match Money Spent
Jamie Dimon (Bloomberg) — Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing…
Traders Pay Steeper Price to Hedge Risk From Stocks to Gold
Risk premiums have increased since early September as a function of gold breaking fresh records. (Bloomberg) — The…
Apple Stops Work on Lighter Vision Pro to Fast-Track AI Smart Glasses
Apple has decided to stop work on a cheaper, lighter version of the $3,499 Vision Pro to instead…
Asia PMIs Split as South Korea, Vietnam Weather Trump Tariffs
(Bloomberg) — Manufacturing across Asia was split last month, with activity improved in South Korea and steady in…
Dmitry Balyasny Has 3 Pieces of Advice for Young Finance Professionals
Dmitry Balyasny said chasing a big paycheck is the wrong reason to get into finance, because people who…
Fed’s Miran Says Economic Vulnerability Calls for Rapid Cuts
(Bloomberg) — Federal Reserve Governor Stephen Miran said the US central bank risks damage to the economy by…
China’s banks face their ‘Japanification moment’, S&P report warns
China’s banks are edging towards their “Japanification moment”, as years of yielding margins to support the economy have…
Australia’s Faster Inflation Boosts Case for Slower RBA Cuts
(Bloomberg) — A gauge of Australia’s monthly inflation accelerated in August to the top of the Reserve Bank’s…