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Anthropic PBC’s initial public offering has plenty of hurdles to clear, and one of the biggest will hit Nov. 3, when US midterm elections threaten to upend the political status quo that’s been broadly supportive of developing artificial…
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A powerful warming of Pacific waters this year — a cyclical phenomenon known as El Niño — could push US prices higher and boost employment next year, according to a new economic letter from the Federal Reserve Bank of San Francisco.
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Supermarkets across Europe were hit by suspected cyberattacks that caused sudden changes in the temperatures of their fridges and freezers, weeks after a similar issue in France. Charlotte Hughes-Morgan explains. (Source: Bloomberg)
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The Reserve Bank of New Zealand, closely watched because of its status as a pioneer of inflation targeting, has blundered. The mistake needn’t be fatal and might even teach the world a lesson.
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Source: Bloomberg, 0:00
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Tens of thousands of New Zealanders are leaving their country each year, many crossing the Tasman in search of better opportunities in Australia. Departures are running close to their highest level in more than a decade — a sign of the…
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Treasuries rose, building on their biggest monthly advance in more than two years, as tumbling oil prices eased concern about inflation pressure leading to additional Federal Reserve interest-rate hikes.
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The runup in Apple shares in recent months has left the iPhone maker little room for disappointment when it reports earnings after the bell on Monday. The gains have left the stock trading at the priciest levels since 2008, making it…
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Crypto.com said its consumer-facing app won’t be made available to users in Hong Kong as of Feb. 1, 2027.
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Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Tech stocks bounce back, but Oaktree's Howard Marks says AI’s bubble of infallibility has burst. Anthropic posts nearly $17 billion in quarterly revenue…
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Source: Bloomberg, 0:00
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Soaring shipping costs coupled with seasonal refinery maintenance weighed on Venezuelan oil exports, sending flows last month near the lowest levels seen since the ouster of strongman Nicolás Maduro.
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The Middle East’s leading Arab oil producing nations are shipping crude at about the same rate as before the war, bringing a tide of supply to the global market that’s helped to temper prices.
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Las urnas cierran el martes, pero saber quién controla el Congreso puede tomar días. California, Alaska y el voto por correo podrían convertir la noche electoral en una larga espera.
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DeepSeek has unveiled a new option to quickly create custom plugins that help users to tackle a range of complex tasks, the latest move by the Chinese lab to bolster its AI agent offerings.
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US manufacturing activity picked up in October as the Institute for Supply Management’s manufacturing index rose one point to 55.5, the second-highest reading in more than four years. The production gauge notched its best reading since…
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Disappointing US megacap earnings accelerated a rotation out of AI-related tech last week, triggering a sharp selloff as investors shifted toward smaller-cap and more defensive areas. Jordan Jackson, Global Market Strategist at JPMorgan…
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The Securities and Exchange Commission should add the European Union to a four-decade old list of exempted issuers, a move that would ease restrictions on US investor access to the bloc’s new bond futures market, according to a group…
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South Africa and Rwanda have lost their eligibility to the African Growth and Opportunity Act, a preferential US trade agreement that Pretoria had lobbied hard to retain.
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The new flag football league being developed by the National Football League and TMRW Sports will be officially known as Premier Flag, the organizations said on Monday. The league will kick off next summer for men’s and women’s…
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Citigroup Inc.’s US currency desk expects the carry trade to keep offering opportunities for investors even though the strategy may struggle to replicate a period of standout returns.
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Anthropic PBC’s approach to its planned initial public offering threatens to disempower shareholders and prevent ordinary people from reining in a potentially dangerous form of technology, according to New York City’s comptroller.
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