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Bloomberg

Iran War a 'Long Way From Being Over,' Says Retired General Wesley Clark

Retired Army General Wesley Clark said the US-Israel offensive against Iran is off to a good start, but there's a lot more that needs to be done to isolate targets and the campaign is a "long way from being over." Clark said that the scope of the conflict makes it important to keep diplomatic lines of communication open, in the event that Iran wants to meet US objectives and "cry uncle."

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Bloomberg

Data Doesn't Show AI Taking Jobs Just Yet

Oracle is planning to cut thousands of jobs as it looks to manage a cash crunch driven by AI spending, according to sources. It's the latest major tech company to link layoffs to AI in some way. But Martha Gimble, executive director of the Yale Budget Lab, says data showing the tech is replacing human workers hasn't turned up yet. Gimble joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

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Bloomberg

How Much Higher Can Oil Go?

Brent crude futures hit $90 a barrel for the first time since October 2023 as war rages on in the Middle East. Ship traffic through the Strait of Hormuz has practically stopped. Some traders warn oil could top $100. Mike McGlone of Bloomberg Intelligence has more.

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