Economists Rethink Chinese Forecasts as AI Fires Up Import Surge
(Bloomberg) — Economists have sharply upgraded their forecasts for China’s import growth and now expect it to overtake…
The Billion-Barrel Hormuz Oil Shock Is About to Crash Demand
(Bloomberg) — The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows…
‘Workers are treated like cattle’: 20-something Peter Thiel proteges run a $10 billion startup that hires professionals to train their AI replacements
Brendan Foody, Mercor, attends The Grove by Village Global 2025 Doctors, lawyers, investment bankers and journalists are moonlighting…
AI Chip Surge Elevates Taiwan, Korea in Global Equity Rankings
(Bloomberg) — The artificial intelligence boom has triggered a seismic reshuffling of global equity markets, with Taiwan and…
Insider Trading Cases Threaten Reckoning for Prediction Markets
(Bloomberg) — Prediction markets have quickly grown from a niche corner of finance to a multibillion-dollar industry with…
Oracle data center $16 billion financing gets over the line
(Bloomberg) — A $16 billion financing for a giant Oracle Corp. (ORCL) data center in Michigan has wrapped…
China Hit Brakes on Fiscal Stimulus as Economy Holds Up Amid War
(Bloomberg) — China pulled back on fiscal spending in March as the economy rebounded at the start of…
Jet Fuel’s Surge and Trump’s Meddling Cloud Airline Outlook
(Bloomberg) — Airlines around the world are raising prices for bags and seats, dialing back profit forecasts and…
Gold Falls as US-Iran Hormuz Standoff Heightens Inflation Risk
(Bloomberg) — Gold declined as an escalation in tension over the Strait of Hormuz drove oil prices higher,…
Gold Falls Most in Two Weeks as US-Iran Talks Hang in Balance
(Bloomberg) — Gold declined the most in more than two weeks as US President Donald Trump said he…
Copper Declines as Hormuz Setbacks Cloud Peace Deal Prospects
(Bloomberg) — Copper fell after a turbulent weekend in the Middle East threw peace talks between Washington and…
China’s Netflix Expects AI to Create Bulk of Shows in Five Years
(Bloomberg) — IQiyi Inc. expects AI to create the bulk of its films and shows in five years,…