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Sitara Sundar, head of alternative investment strategy at JPMorgan Private Bank, discusses the outlook for the artificial intelligence trade. Speaking on Bloomberg Television, she says her firm still has a constructive view on the AI industry in the long run. "We would actually start to lean more into some of the integration and the application layer of artificial intelligence," she adds.
Britain's employers shed workers at the fastest rate in nine months, with the number of employees on company payrolls slipping 26,000 in August, according to the Office for National Statistics. The drop was worse than the 5,000 drop that economists expected, though the provisional estimates are often revised. Bloomberg's Sam Unsted breaks down the situation.
Ethereum (CRYPTO:ETH) and Base developers have ended efforts to create one account abstraction standard.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Balancer has proposed an orderly wind-down after revenue failed to recover following the November 2025 exploit.
CoinEx has begun an orderly shutdown after nearly nine years, with spot trading scheduled to end on September 29.
Hong Kong is preparing to unveil its first five-year development blueprint on Wednesday, as it seeks to align its priorities with those of mainland China. "Bloomberg: The China Show" co-anchor Yvonne Man reports on what's expected in the master plan and what it could mean for the city's future.
Axa Chief Executive Officer Thomas Buberl says the insurer will prioritize efficiency and shareholder returns over acquisitions after raising its profitability and growth targets for the next three years. "We will deploy and employ the policy as we've always done," Buberl tells Bloomberg Television. "We look at what is interesting when we talk about bolt-ons, but the focus is really organic growth."
The US Department of Justice has filed a civil forfeiture complaint seeking about $61 million in Tether (CRYPTO:USDT) allegedly linked to Iranian oil sales.
US President Donald Trump's opposition to guardrails on artificial intelligence puts him at odds with a growing number of lawmakers from both parties, with AI safety fears adding to voters' misgivings about the technology heading into the midterm elections. Bloomberg's Anthony Stephens breaks down the situation.
Solana (CRYPTO:SOL) has raised its maximum transaction size from 1,232 to 4,096 bytes through its new Transaction V1 format.
Prime Minister Andy Burnham is considering whether to help Saudi Arabia counter attacks from the Houthis in Yemen as UK concerns about a worsening economic hit from the escalating conflict grow. The Saudi government has requested a range of diplomatic and military support from the UK, but it's unclear whether Burnham is willing to approve them. Bloomberg's Stuart Livingstone-Wallace has more.
