Bloomberg Pursuits reporter Sarah Rappaport tells Bloomberg This Weekend that luxury travelers are increasingly seeking tiny hotels with as few as one to six rooms, combining the privacy of a villa with personalized high-end hotel service. Speaking with hosts David Gura and Christina Ruffini, Rappaport says the trend is spreading across Europe and the US as travelers seek exclusivity, fewer crowds and unusual experiences in restaurants, museums and historic properties. (Source: Bloomberg)
Pointed offers a strategic twist to the news quiz format, testing not just players’ knowledge of the news but also their confidence in their answers. Join Bloomberg's Lisa Mateo, Christina Ruffini and David Gura as they play and check out the quiz for yourself at Bloomberg.com (Source: Bloomberg)
People starting to speak like AI chatbots, AI anxiety spilling into therapists' offices, NYC's AI office boom a bust for young job hunters and Tinder rolls out group dating for younger users. Join Lisa Mateo, David Gura and Christina Ruffini for a roundup of headlines you may have missed, but gotta see. (Source: Bloomberg)
Washington Institute research director Dana Stroul tells Bloomberg This Weekend that the US military buildup in the Middle East, including a third aircraft carrier, is expanding President Donald Trump’s options as diplomacy with Iran remains stalled and Washington weighs its approach to the Houthis in Yemen. Speaking with hosts David Gura and Christina Ruffini, Stroul says US economic sanctions and the naval blockade are putting significant pressure on Iran but have not yet produced major concessions on the Strait of Hormuz, Tehran’s nuclear program or its regional activities. (Source: Bloomberg)
Fraud investigator Jay Jones, known online as “The Profiler,” tells Bloomberg This Weekend that AI is helping scammers create increasingly convincing fake recruiters and job listings that can lead victims to surrender money and sensitive personal information. Speaking with hosts David Gura and Christina Ruffini, Jones says he has helped remove more than 58,000 fraudulent job listings and advises applicants to verify company websites, domain histories and where application links lead before sharing personal information. (Source: Bloomberg)
Atlantic Staff Writer Vivian Salama tells Bloomberg This Weekend that Egypt’s then-intelligence chief Abbas Kamel made an unusual 67-minute trip to Israel less than two weeks before the Oct. 7, 2023, attack to warn Israeli officials that intelligence indicated Hamas was mobilizing for a major assault. Speaking with hosts David Gura and Christina Ruffini, Salama says Egypt was among several regional governments that raised concerns before the attack, while questions remain about who received the warnings and how Israeli officials responded. (Source: Bloomberg)
Debate over artificial intelligence has largely focused on whether machines could become too powerful. Harvard philosopher Michael Sandel argues that a more immediate question is whether AI changes humans themselves: weakening authentic connection, independent thought and the ways people understand meaning and purpose. Universities are already confronting that challenge as students increasingly use AI to learn and communicate, while Vanderbilt University Chancellor Daniel Diermeier argues that technological fluency must be paired with the ability to think independently. University of Notre Dame philosophy professor Meghan Sullivan takes that question beyond the classroom, examining the ethical responsibility of the companies building AI and the role individuals have in deciding how the technology enters their everyday lives. (Source: Bloomberg)
Thousands of people took to the streets of Madrid on Saturday, joining nationwide protests over housing costs that could increase pressure on Prime Minister Pedro Sánchez to call a snap election.
As Paramount Skydance Corp. and Oracle Corp. vault into the ranks of corporate America’s biggest borrowers, their links to the same man — billionaire Larry Ellison — are starting to stir angst on Wall Street.
National Economic Council Director Kevin Hassett argues that the economic benefits of AI may be greater than current data show, comparing today’s dynamics with the early internet era, when improvements in computing were difficult to capture in official statistics. At the same time, Hassett says reducing the federal workforce can generate budget savings, and he remains optimistic about economic growth in the face of a growing debt burden. He acknowledges that bringing the federal deficit to 3% of GDP will require more attention.
(Source: Bloomberg)
Pakistan said it summoned India’s chargé d’affaires on Saturday to protest against the killing of two Pakistani civilians by India’s Border Security Force.
The industry body that sets the rules for the world’s biggest gold market faces an existential legal battle in a London courtroom next week, in a case that could have far-reaching implications for how the industry polices its supply chain.
India’s markets regulator is considering easing position limits for non-agricultural commodity derivatives and changing settlement rules for some farm contracts, as it seeks to deepen trading and attract more genuine hedgers.
Malaysia’s defense minister said the government is considering spending more than 1 billion ringgit ($245 million) on a new naval strike missile system after a deal with Norway collapsed earlier this year, the Star reported.
A United Arab Emirates investigation of the near-catastrophic FlyDubai flight said the co-pilot attempted “to carry out a terrorist act” as more details emerged about what happened in the cockpit.
A historic surge in global bond yields is becoming a bigger problem for European stocks as investors confront the possibility of stubborn inflation and mounting government debt.
The International Monetary Fund approved a $1.9 billion financing program for Bolivia, including an immediate $214 million disbursement, in a package designed to help President Rodrigo Paz reverse a sharp economic slump.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Chris Phelan CEA Chairman, Robert Reich, Former US Labor Secretary, Alex Straton, Morgan Stanley Equity Research Managing Director, Gary Marcus, Robust AI Inc. CEO&Founder, Veronica Willis is an Investment Strategy Analyst, Dr Cecilia Elena Rouse, The President of Brookings Institution, Atsi Sheth, Moody’s Chief Credit Officer, Brendan McKenna, Societe Generale Emerging Markets Strategist (Source: Bloomberg)
This week, National Economic Council Director Kevin Hassett says AI’s productivity boost may be much larger than official economic data currently indicate. And, AI companies are largely in agreement that the technology needs guardrails, but the ethical implications of AI could also create new opportunities for liberal arts education. Plus, America is rebuilding a critical minerals supply chain after decades of Chinese dominance. Later, America’s shrinking college-age population is forcing universities to compete for fewer students.
(Source: Bloomberg)
