Trump vows Iran pressure with naval blockade, yen resumes rally.
Visit http:www.bloomberg.com for business news ... President Trump Gaggles with Press Before Departing the White House, May 1, 2026.
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Tech companies plan $650 billion AI investment in 2026
Major technology firms are planning approximately $650 billion in artificial intelligence investments during 2026, according to a Bridgewater Associates report.
IMF projects 3.1% global growth in April 2026 outlook
The International Monetary Fund forecasts global economic growth of 3.1% for 2026 in its latest World Economic Outlook. The report highlights continued recovery with regional variations and persistent inflation concerns.
Global markets show mixed opening amid inflation uncertainty
Global stock markets opened with mixed results as investors process conflicting economic signals. Inflation data and central bank communications are creating uncertainty.
OpenAI Trial Begins as Musk and Altman Face Off Over Company's Future
The high-stakes trial between Elon Musk and Sam Altman over the future of OpenAI has begun, with the outcome set to determine whether the AI company remains under its current structure or undergoes fundamental transformation.
Global Markets Rally as Trade Tensions Ease Between Major Economies
Stock markets worldwide surged after major economies signaled willingness to de-escalate trade disputes, with the S&P 500 gaining 1.8% and European indices following suit.
Wall Street Rallies as Federal Reserve Signals Rate Pause
U.S. stock markets surged to record highs after Federal Reserve Chair indicated the central bank would likely pause interest rate hikes in the coming quarter.