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Meta hires two key AI researchers from Apple

Meta is bringing in a pair of key artificial intelligence experts who worked at Apple Inc., hiring Mark Lee and Tom Gunter for its Superintelligence Labs team, shortly after poaching their former boss from the iPhone maker.

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Netflix theme parks to open later this year

Later this year Netflix is expected to open two theme parks called Netflix House, one in Philadelphia and one in Dallas. Len Testa, President of Touring Plans, which helps customers plan park and cruise trips discusses what he expects f...

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Saravelos: Trump-Powell to be continuing headwind for dollar, FX

George Saravelos, global head of FX research at Deutsche Bank, says the U.S. dollar could fall 2% to 3% within 24 hours if President Donald Trump removes Federal Reserve Chair Jerome Powell.

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SARB says autos, agriculture hurt most by tariffs

South African Reserve Bank Governor Lesetja Kganyago says the automotive and agriculture industries are the sectors most hurt by U.S. tariffs.

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Trump says he'll notify 150+ countries about 10-15% rate

President Donald Trump said he would send letters to more than 150 countries notifying them their tariff rates could be 10% or 15% as he forges ahead with his trade agenda.

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Why Nigeria may be insulated against tariffs

Nigerian inflation is expected to show a further moderation as the June CPI numbers. This comes as Nigerian stocks advanced to a record high backed by an improving economic outlook for the West African nation.

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Tariq: Fed waiting for tariffs to fully kick in

Underlying U.S. inflation rose in June by less than expected for a fifth month, as lower car prices helped offset gains in other goods exposed to tariffs. Ayesha Tariq, Macrovisor's Co-Founder speaks about the Fed's path ahead.

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OKX U.S. CEO: U.S. expansion is going great

OKX U.S. CEO Roshan Robert discusses expansion into the U.S. in an interview with Sonali Basak and Tim Stenovec on "Bloomberg Crypto."

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Bessent: 'Formal process' for Powell successor already starting

U.S. Treasury Secretary Scott Bessent said a "formal process" to identify a potential successor to Federal Reserve Chairman Jerome Powell is already starting.

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Goldman Sachs: U.S. market still looks 'solid'

Peter Oppenheimer, chief global equity strategist at Goldman Sachs, offers his view of the U.S. equity market and sees a "growing opportunity set to diversify into other markets" with cheaper valuations and improving fundamentals.

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Nvidia to restart H20 chip exports to China

Nvidia plans to resume sales of its H20 AI chip to China after securing Washington's assurances that such shipments would get approved. US government officials said they would green-light export licenses for the H20 artificial intelligen...

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EU targets cars, boeing, bourbon in U.S. countermeasures List

The European Union finalized a second list of US goods including Boeing Co. aircraft, automobiles and bourbon worth 72 billion ($84 billion) that could face retaliatory tariffs as transatlantic trade tensions intensify. The list also tar...

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Tesla makes long-awaited India debut

Tesla is opening its first India showroom as the EV maker looks towards new markets to offset slowing sales in regions where it's already well established. Bloomberg's India Auto Reporter, Alisha Sachdev explains the significance of the ...

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China exports climb to record high in first half of 2025

China saw a record trade surplus of about $586 billion in the first half of the year after exports to the US began to stabilize. Exports rose 5.8% in June from a year earlier to $325 billion while imports rose 1.1% to grow for the first ...

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Fed's Powell faces new line of White House scrutiny

President Donald Trump and his allies are focusing on Jerome Powell's handling of an expensive renovation of the Federal Reserve's headquarters as a new way to scrutinize Powell's leadership at the central bank, even beyond his economic ...

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Philadelphia reaches pact to end garbage strike

Philadelphia and municipal employees have hammered out an accord, ending a sanitation workers' strike which caused trash to pile up around the city. Bloomberg's Danielle Moran reports.

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ADP: U.S. labor market is in stasis

Nela Richardson, ADP chief economist and a Bloomberg contributor, reacts to the latest jobless claims numbers, saying the U.S. labor market is very concentrated and only hiring a very specific type of person.

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The FDA's push for 'radical transparency'

FDA Commissioner Martin Makary says the agency will begin publishing drug rejection letters long kept confidential to help developers better understand what he calls the FDA's "black box."

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Why 20% tariffs could be 'problematic' for markets

JPMorgan Private Bank's Grace Peters says if tariffs move out of that range and reach 20% or 25% effective rates, it would "prove more problematic." Peters speaks on Bloomberg Television.

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Yaccarino steps down as CEO of Elon Musk's X

Linda Yaccarino is stepping down as CEO of X after two years leading Elon Musk's social media company. Yaccarino's departure comes one day after the company's Grok chatbot began pushing antisemitic tropes in responses to users.

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Crypto ventures add $620M to Trump's fortune

Crypto ventures have added hundreds of millions to President Trump's fortune in the span of months and today we learned that Trump media has filed for its third crypto ETF.

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Why CEOs should stop 'outsourcing' politics

Bloomberg Opinion's Gautam Mukunda explains why CEOs should stop "outsourcing" politics. Mukunda's opinions are his own.

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Decoding the Middle East's late-stage venture capital gap

The Middle East's venture capital ecosystem faces a paradox: despite deep pools of capital, startups struggle to secure the funding needed to scale. Bloomberg's Laura Gardner Cuesta discusses the implications with Joumanna Bercetche on H...

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First Chinese-built aircraft carrier docks in Hong Kong

China's first domestically-built aircraft carrier has docked in Hong Kong, as part of a drive to drum up patriotism in the city. The Shandong will be open to the public this weekend, in what the city's Chief Executive, John Lee, calls an...

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One year of Starmer as UK PM: Where does Labour stand?

It is one year since Keir Starmer won the UK election with his Labour party. Upon coming to power, the new prime minister promised "national renewal" and committed to a series of economic targets. Bloomberg Opinion Columnist Rosa Prince ...

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Tracking Fourth of July travel trends

In New York City, airfare is actually one of the most expensive increases over last year. So domestic tourism is up, Brian Kelly Points Guys Founder joins "The Close".

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Why the Trump tax bill could "enormously" hit low income

The Trump tax bill could "enormously" hit low income. Here's why.

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Santander agrees to buy Sabadell's UK unit TSB

Banco Santander SA agreed to buy Banco Sabadell SA's UK unit for £2.65 billion ($3.64 billion) in an all-cash transaction.

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U.S. auto sales lose steam amid price pressure

U.S. auto sales are losing momentum after a springtime surge fueled by shoppers racing to buy cars before President Donald Trump's auto tariffs drove up prices.

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EU prepared to accept U.S. universal tariff, seeks key exemptions

The European Union is willing to accept a trade arrangement with the U.S. that includes a 10% universal tariff on many of its exports, but wants the U.S. to commit to lower rates on key sectors.

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