Bloomberg Daybreak Asia: BofA CEO Brian Moynihan
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Washington Post
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Live updates: Trump to deliver Oval Office remarks ahead of trip to meet Putin
President Donald Trump is scheduled to deliver remarks from the Oval Office on Thursday afternoon. The White House has not advertised the subject matter. The address, scheduled for 1 p.m. Eastern, comes a day ahead of Trump's planned meeting in Alaska with Russian President Vladimir Putin to discuss ending the war in Ukraine. It also comes amid Trump's crackdown on crime in the nation's capital. On Wednesday, Trump sought to lower expectations for his meeting with Putin, telling reporters that a potential second meeting that would include Ukrainian President Volodymyr Zelensky would be more consequential. Donald Trump promised Americans a golden age. In one way, he's already delivered: gold is glittering like never before. Over the past year, the price of the precious metal has surged by roughly 35 percent, vastly outstripping gains in the overall stock market. Investors are increasingly turning to the metal — used as a safe financial asset for millennia — amid mounting economic uncertainty and heavy buying by central banks seeking to diversify their reserve holdings. KYIV — As Donald Trump and Vladimir Putin prepare to meet in Alaska to discuss the fate of Ukraine, one eastern region in particular will be the focus of Ukrainian fears that a peace deal could be a capitulation to Russia: Donetsk, which Moscow has coveted for more than a decade and now aims to seize entirely. Electricity prices are on the rise across the United States, and the political ramifications could be dramatic. According to the U.S. Energy Information Administration, the average utility electric bill for a residential customer in the U.S. in 2024 was $144, up from $122 in 2021, and this week's consumer price index report found electricity up 5.5 percent over the last year, higher than the average inflation rate. Even before talks begin, President Vladimir Putin's meeting with President Donald Trump at a U.S. military base in Alaska on Friday is advancing the Russian's goal of redrawing the global security order, as the two men revive a great-power system in which a few big countries call the shots.
Bloomberg
26 minutes ago
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Indian Delegation to Discuss Rupee Trade in Russia Next Week
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Bloomberg
28 minutes ago
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Osika: Lovable Margins Are Improving as AI Costs Decline
As the cost of AI declines, European unicorn Lovable's margins are improving, says CEO and co-founder Anton Osika. He adds that while AI will force people to relearn what tools they use, coders using Lovable are at an advantage when using the AI and are seeing increased productivity. Anton Osika, Co-Founder & CEO of Lovable spoke to Bloomberg Daybreak Europe anchor Tom Mackenzie. (Source: Bloomberg)
