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Kai-Fu Lee, CEO of 01.AI, says he suspects American AI companies may already have developed models that are "really great, but also really scary." He discusses this on "Bloomberg: The China Show" on the sidelines of the BNP Paribas Global Markets APAC Conference. (Source: Bloomberg)

Asian stocks and bonds were set to track a rally on Wall Street as a pullback in oil prices eased inflation concerns. The yen was steady ahead of the Bank of Japan’s interest-rate decision.

President Donald Trump sees the art of geopolitics as a matter of money and leverage. As a result, he’s relied on fellow businesspeople to do the work of diplomats in Gaza, Ukraine and the Persian Gulf — and they have failed. As Ayatollah Ruhollah Khomeini once put it, the revolution that founded th

Nonprofits are pushing back against policies by financial institutions to collect personal information of charity employees before releasing a gift.

Funds frozen or liquidated and 38 people referred to prosecutors as regulators move to restore calm

This article is adapted from Worth the Risk: The Seven Myths That Keep Us From Taking the Chances We Need to Take by Allison Schrager, to be published by Yale University Press. Copyright © 2026 by Allison Schrager. Excerpted by permission. All rights reserved.

Lockheed Martin reveals new secret missile, fast tracks production Reuters

Citigroup Inc. raised $12 billion in its largest-ever US dollar bond sale, seizing a chance to sell debt as credit markets rallied a day after the Federal Reserve hiked rates.

Why are world leaders at the UN next week and what will they talk about? Reuters

Shares have been in the dumps since earnings in August.