Oil Market Completely Broken

    Oil climbed after renewed clashes between US and Iranian forces which has jeopardized the outlook for a deal to end the war. The Strait of Hormuz has been effectively closed since the start of the war triggering an energy supply shock. Vandana Hari, Founder of VANDA Insights told Bloomberg’s Horizons Middle East and Africa anchor…

    Read More

      Barings CEO: We’ve Got to Underwrite Through Uncertainty

      Barings Chairman & CEO Mike Freno discusses navigating through market uncertainty, building a business with both public and private capabilities, and implementing a ‘holistic’ M&A strategy. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg) Source link

      Read More

        What the Fed Can Do About Anthropic’s Latest System

        Anthropic says its newest AI system can detect serious cybersecurity risks, but the new technology is so powerful that the company is holding back public release. The nearly autonomous system can detect banking software vulnerabilities and spawn sub-agents that operate without human oversight at unprecedented speed. Treasury Secretary Scott Bessent and Fed Chair Jay Powell…

        Read More