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Katie Palencsar and Stacy London join Bloomberg's Romaine Bostick on The Close to discuss the launch of their end-to-end wardrobe management company, Starmoire.

A new Bloomberg Economics report estimates that advanced economies have 27% of employment meaningfully exposed to the first-order effects of AI. Chief Economist Tom Orlik breaks down the new study, which breaks down which jobs and tasks AI can takeover, and how they got to the number of 380 million jobs that may eventually be significantly impacted by new technology.

David Sacks, chair of the President's Council of Advisors on Science & Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don't need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader regulatory framework, saying today's frontier AI labs are setting the frontier themselves and do not need "anyone else's permission." He also underlines that any approach must account for competition with China, which is unlikely to join a global agreement to slow down AI development. He speaks to Bloomberg's Ed Ludlow.

Sam Huszczo, founder & CIO of SGH Wealth Management, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss how investors might be getting a bit overconfident amid this bull market.

Bloomberg's Isabelle Lee joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." A corner of the ETF market drawing regulatory scrutiny is pushing for still shorter-term speculation. Defiance ETFs has submitted paperwork to the US Securities and Exchange Commission for a series of leveraged funds that would seek to double the moves of some individual stocks over periods measured in just hours, rather than days.

David van Adelsberg, founding partner & CEO at Irrational Capital, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Harbor Human Capital Factor US Large Cap ETF (ticker: HAPI), which tracks companies based on the happiness of their employees.

Bank of America chairman and CEO Brian Moynihan said that it is 'encouraging' to hear that AI firms are taking the responsibility of AI safety seriously as leaders raise the alarm about the pace of innovation and potential ramifications. Moynihan, talking to Bloomberg's Dani Burger, said that he expects trading to be 'relatively flat' in the third quarter compared to last year.

Bloomberg's Mike Shepard said that the White House doesn't want anything to upset the current AI agenda because the Trump administration has made it the centerpiece of its economic agenda, even as AI leaders are sounding the alarm about risks in the pace of development.

Bloomberg's Tyler Kendall broke down the potential sticking points around the Clarity Act after Senate Republicans released updated text of the bill in anticipation of a vote this week. The text includes an updated ethics provision that was a main roadblock to get Democrats on board, that would give state attorneys general some authority rules and will push elected officials to put their digital asset holdings into a blind trust or forced divestiture. The bill also faces pushback from community banks concerned about deposit flight.

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, on Trump's proposal, to give $5,000 checks to adult Americans carries a `doozy' of a price tag. MacGuineas said that the president is governing with 'Oprah politics' of making fiscal promises and is concerned that both parties will fall onto a 'wagon of competing promises' to try and win over voters ahead of the midterms.

Bloomberg Opinion columnist Parmy Olson argues that calls to "pace" frontier AI development don't go far enough if industry leaders truly believe superintelligence could pose existential risks. She questions the tension between Anthropic's safety-first positioning and its race to build increasingly powerful models, and argues that independent evaluations may improve oversight without meaningfully slowing the push toward superintelligence. She joins Ed Ludlow on "Bloomberg Tech."

Vals AI co-founder and CEO Rayan Krishnan says investment in testing and evaluating AI hasn't kept pace with the rapid improvement in model capabilities. His firm independently evaluates models from companies including OpenAI and Anthropic, and sees early signs of AI moving toward recursive self-improvement, though models remain well behind top human researchers today. He joins Ed Ludlow on "Bloomberg Tech."