President Donald Trump said former Federal Reserve Chair Jerome Powell "should be forced to resign" from the Fed's Board of Governors over findings the central bank mismanaged the renovation of its headquarters. Rachel Schilke of Bloomberg Government has more.
OpenAI accused Moonshot AI of being responsible for a wide-scale effort to extract data from its GPT artificial intelligence systems. In a blog post Wednesday, OpenAI disclosed that it observed thousands of attempts by users associated with Moonshot to decipher hidden information about how its models reason through problems. Neil Campling reports on Bloomberg Television.
Higher bond yields are justified by stronger nominal economic growth and rising inflation, making them a strong investment choice, says Jim Bianco, president and macro strategist at Bianco Research. Bianco tells Bloomberg Television that he has invested in bonds for the first time in six years and suggested the US 10-year Treasury note could rise toward 5.50% to 5.75%, but said yields around 5.25% are already attractive enough.
Aliki Rouffiac, portfolio manager at Robeco, argues there are reasons to be positive about equities despite rising bond yields, with US midterm elections and upcoming high-profile IPOs contributing to the upside. She tells Bloomberg Television that while there are short-term risks, such as rising interest rates, earnings growth is likely to continue in the months ahead.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Sajjid Chinoy, chief India economist for JPMorgan Chase & Co expects the RBI to take an appropriately cautious or hawkish tone to signal to markets that more maybe in the pipeline. He said this in an conversation with Bloomberg Television's Paul Allen.
More than one in four large companies operating in Australia paid no income tax in the 2025 financial year, according to ATO.
France's government is set to unveil plans to narrow the budget deficit sharply. Ministers will present the details of a 54 billion ($61.2 billion) effort to curb runaway spending and pare the fiscal shortfall to 5% of economic output in 2027 from 5.4% this year. Bloomberg's Caroline Connan reports.
The Reserve Bank of Australia warned that increasing off-balance sheet debt funding for data centres could introduce financial vulnerabilities.
Oil steadied after gaining early on October 1st on uncertainty over the Middle East flow recovery can be sustained. Crude rose for a third month in September, as Washington and Tehran failed to make headway toward a lasting peace agreement that would fully reopen the Strait of Hormuz. Victoria Mitchell, Control Risks' Senior Analyst for Maritime told Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the oil exports going up.
Rolf Bulk, Head of Semiconductors and Infrastructure at Futurum, discusses Micron's latest earnings results and the outlook for the memory chip sector. He speaks with Shery on Bloomberg: The Asia Trade.
Westpac (ASX:WBC) joined its major banking rivals in passing through the Reserve Bank of Australia's cash rate increase to variable mortgage customers.
