Business
Fed’s Kashkari on Inflation, Housing, Jobs Market
Business
Cyclospora outbreak puts food safety to the test
A cyclospora outbreak and salmonella flare up are putting food safety and restaurants to the test in the US.
It also caused consumers to cut back on eating out and food brands to take a closer look at their supply chains. Romaine Bostick reports.
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Business
Citadel Offloads Risk From Situational Awareness
Ken Griffin’s Citadel has offloaded more than 80% of the aggregate risk associated with the Situational Awareness stock portfolio it acquired from the embattled AI hedge fund. Citadel struck a deal last month to buy stocks from the fund led by Leopold Aschenbrenner. Bloomberg’s Hema Parmar reports.
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Business
Euro Could Go Lower From Here, Yu Says
Geoffrey Yu, BNY senior market strategist, says he expects the momentum for European equities to continue from here, but he says the Euro could go lower. He speaks on “Bloomberg Surveillance.”
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Business
Anthropic’s Revenue Surges as IPO Speculation Builds
Anthropic is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same period a year ago, according to documents seen by Bloomberg News. This comes as speculation builds around a potential IPO. Bloomberg’s Rachel Metz breaks down the latest financial figures and how they compare with OpenAI’s growth. She joins Ed Ludlow on “Bloomberg Tech.”
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