Business

Surging oil prices, higher bond yields weigh on stocks

Anthropic says it blocked attempts to use AI for potential biological weapons

Start-up discloses five examples of when actors ‘circumvented controls’ and made efforts to ‘obfuscate’ the purpose of their research

Want Apple’s $1,999 foldable iPhone Duo? Here’s what T-Mobile, AT&T and Verizon are doing to lower the cost.

Wireless carriers are rolling out their initial iPhone promotions, but analysts say there’s no price war just yet.

Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports

SpaceX is inching closer to this lofty $100 billion milestone

SpaceX has set an ambitious revenue target and a newly disclosed computing-power deal could get the company a bit nearer to its goal.

All the ways record-high diesel and rising gas prices are about to make your life more expensive

“Diesel touches everything in the economy,” one analyst says.

Asian Stocks, Bonds to Drop on Oil, Inflation Woes: Markets Wrap

Asian stocks and bonds were set for declines after a surge in oil prices sparked a selloff in US markets, while the latest inflation data reinforced bets on an imminent Federal Reserve rate hike.

Bessent Dismisses Concern on Buyback, Says Treasuries Are Strong

Treasury Secretary Scott Bessent dismissed any concerns with regard to Thursday’s smaller-than-expected debt buyback operation, and played down concerns about a jump in yields.

Latest Oil Market News and Analysis for Sept. 11

Oil extended its powerful rally above $100 a barrel following an escalation of hostilities in the Middle East that has stoked fears of deeper supply disruptions.

Here are the stocks to favor in the fourth quarter — and those you should avoid

Large caps tend to outperform small caps as year’s end approaches.

Blackstone’s AirTrunk Seeks $1.6 Billion Loan for Singapore IPO

AirTrunk, a data center operator owned by Blackstone Inc., is in talks with banks to borrow about S$2 billion ($1.6 billion) to help finance the public listing of a real estate investment trust backed by its assets, according to people…

Commentary: A US$2,000 iPhone gives Apple’s new CEO his Steve Jobs moment

Apple will need to spend a great deal of energy explaining the “why” of a foldable iPhone that costs at least US$2,000, says Bloomberg Opinion's Dave Lee.