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West Texas Intermediate prices dropped after the United States paused military action against Iran.

New Zealand headquartered Vista Group (ASX:VGL) reported a 12% increase in half-year total revenue to NZ$86.3 million.

Retailer Briscoe Group (ASX:BGP) generated NZ$193.4 million in second-quarter sales, delivering a third consecutive quarter of growth.

The Australian government has ended the temporary fuel excise discount, confirming wholesale fuel prices will increase by 16 cents per litre.

Data provider Cotality reported that national auction volumes in Australia fell 19.2% year-on-year to 1,273 listings.

Bloomberg's Chris Rovzar says workplace dress codes are evolving as warmer weather, changing office culture and designer collections prompt more employees to consider wearing shorts to work. He says a Bloomberg survey finds opinion remains divided, with supporters arguing shorts can be professional in the right setting while critics maintain traditional business attire still sets the standard.

Bloomberg CityLab's Kriston Capps says a proposed $20 billion overhaul of Washington Dulles International Airport would replace aging concourses, eliminate the airport's signature mobile lounges and create a more modern hub centered on United Airlines' long-term growth strategy. He says the project would largely be funded through passenger fees, while raising broader questions about cost, design and President Donald Trump's vision for reshaping infrastructure in the nation's capital.

Rep. Jonathan Jackson says the Trump administration's policies toward Haiti, Venezuela and Cuba risk worsening instability across the Caribbean, arguing that ending Temporary Protected Status for Haitians and maintaining broad sanctions will deepen humanitarian and migration challenges. He also calls for greater transparency in US policy toward Venezuela and warns that continued pressure on Cuba could further destabilize the region.

Bloomberg Retail Reporter Lily Meier says running has evolved from a fitness activity into a lifestyle and status symbol, with run clubs fueling demand for premium apparel, accessories and social experiences. She says brands are benefiting as consumers increasingly spend on high-end performance gear that blends athletic function with fashion, even as running remains accessible to those who prefer simpler equipment.

Should AI be regulated, or should society adapt to it instead? Economist Jason Furman argues that not every AI problem should be solved the same way. From bioweapons to job losses, he explains where the government should step in, where markets should adjust, and why the biggest AI debate may ultimately be a moral one.

Bloomberg Opinion Columnist Ron Brownstein and Detroit Free Press Editorial Page Editor Nancy Kaffer say Michigan's Democratic Senate primary has become a defining test of the party's ideological direction, pitting establishment-backed Rep. Haley Stevens against progressive candidate Abdul El-Sayed in one of the country's most consequential races. They say the outcome will shape Democratic strategy heading into November, with the eventual nominee facing Republican Mike Rogers in a contest that could determine control of the Senate.

Bloomberg's Josie Cox says artificial intelligence is creating new social divisions as disagreements over its use increasingly shape workplaces, relationships and personal identity, with skepticism driven by concerns over authenticity, ethics and creativity. She says employers are increasingly encouraging or requiring AI use, while growing public distrust suggests the technology's social consequences may extend well beyond its economic impact.