logo
How the Biggest Names in Finance Make March Madness Picks

How the Biggest Names in Finance Make March Madness Picks

Bloomberg25-03-2025

When it comes to making picks for March Madness brackets, finance industry leaders are like the rest of us. Some like to watch games, do research and devise their own systems; some go with sentimental favorites; some rely on intuition and luck; and some just ask an AI bot to do it for them.
Milwaukee Brewers owner and Crescent Capital Group co-founder Mark Attanasio went with the latter strategy this year for Bloomberg's Brackets for a Cause competition.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

U.S., China reach "framework" to activate Geneva trade deal
U.S., China reach "framework" to activate Geneva trade deal

Axios

time2 hours ago

  • Axios

U.S., China reach "framework" to activate Geneva trade deal

The U.S. and China have agreed on a "framework" to implement a trade deal struck last month, pending approval from both countries' leaders, Commerce Secretary Howard Lutnick said on Tuesday. Why it matters: Progress on trade peace with China, particularly if it resolves the issue of crucial Chinese rare earth minerals exports, would be a boon to an economy and markets that have struggled for months with the impact of President Trump's tariff program. Catch up quick: After a series of tit-for-tat retaliations in April, the world's two largest economies effectively had a trade embargo in place, with 145% U.S. tariffs crushing imports from China. The sides announced a trade deal that included a 90-day pause on most of those tariffs on May 12 after a weekend of high-level talks in Geneva. Only days later, the U.S. issued global restrictions on the use of certain Chinese chips from Huawei Ascend, saying they were developed in violation of U.S. export controls. The Chinese reacted furiously, and soon there were reports the government was restricting exports of the rare earth materials needed for hundreds of the world's most important high-tech products. The U.S. subsequently retaliated with a move to restrict and withdraw visas for Chinese students. Where it stands: Trump and Chinese leader Xi Jinping spoke for 90 minutes last Thursday about trade issues, and agreed to high-level talks immediately. That led to this week's meeting in London. "We have reached a framework to implement the Geneva consensus," Lutnick told reporters in London Tuesday night after marathon trade talks, Bloomberg reported. The Wall Street Journal reported that Tuesday's deal would essentially get the May 12 deal back on track, including the lowered tariffs and the loosened Chinese restrictions on rare earths. Between the lines: The trade war is squeezing both economies.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store