A day after Germany blamed Russia for a failed drone attack on cargo planes at its Leipzig-Halle airport, European Commission President Ursula von der Leyen made a tacit admission that the continent was not responding quickly enough to the threat.
Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week. Treasury Secretary Scott Bessent dismissed concerns about the US bond market after Thursday’s smaller-than-expected debt buyback operation sent yields to multi-year highs. The Treasury market is in “very good shape,” Bessent said in an interview with Steve Bannon. Speaking to Caroline Hepker and Francine Lacqua on Bloomberg Radio Julien Lafargue, Chief Market Strategist at Barclays Private Bank said that Bessent may have overplayed his hand. (Source: Bloomberg)
Daniel Belk turned a pandemic-era career setback into two businesses. Then, in January, he sold his stake in one of them for $1 million. His next move: spending the year trying to play America’s top 100 public golf courses. (Source: Bloomberg)
The escalating bond selloff is driving US Treasury yields toward levels that threaten to deal a significant blow to the stock market, according to the latest Markets Pulse survey.
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Greg Jensen likens this moment to February 2020.
Greg Jensen was one of the earliest backers of both OpenAI and Anthropic, and at Bridgewater Associates, where he is the managing chief investment officer, he leads the hedge fund’s AI strategy. As an early adopter of the technology, he has a lot of thoughts on where things stand right now in terms of model capability and safety, as well as the broader economic impacts of AI. Just recently, he published an op-ed in the New York Times that proposes a “token tax,” to help mitigate the job losses t
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
Oura’s Chief Medical Officer suggests wearable tech could give people a continuous picture of their health, rather than relying on occasional doctor visits.
Dr. Ricky Bloomfield says the constant stream of health data provided to users of wearables, like Oura’s smart rings, can improve health outcomes and influence behavior. He says the long-term goal is to help spot changes earlier and connect people with care sooner. Bloomfield spoke to Tom Mackenzie on the latest episode of “Bloomberg Tech: Europe.” (Source: Bloomberg)
The CEO of Swiss health-tech company Hilo says continuous blood pressure monitoring can reveal patterns that traditional cuff readings may miss. Stefan Petzinger points to night-time changes as particularly important and says Hilo’s software is designed to turn sensor data into useful blood pressure insights. Petzinger also says greater engagement with the data can encourage healthier behavior and better outcomes. He spoke to Tom Mackenzie on the latest episode of “Bloomberg Tech: Europe.” (Source: Bloomberg)
