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EU Leaders Delay Top-Jobs Deal Before Summit Next Week

(Bloomberg) -- European Union leaders postponed a deal on how to divide the bloc’s top jobs — opening the door to further bargaining before...

Treasuries Gain as Mounting Data Point to Softer Inflation, Jobs

(Bloomberg) -- A rally in the Treasury market lured investors to a sale of 30-year securities after new economic data bolstered bets the Federal...

Apple Reportedly Not Paying OpenAI to Use ChatGPT in iOS 18

Alongside its Apple Intelligence feature set, Apple on Monday announced a partnership with OpenAI that will allow Siri to access ChatGPT directly in iOS...

ByteDance to Cut 450 Jobs in Indonesia After Tokopedia Deal

(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since combining its TikTok...

South Korea’s Jobs Growth Cools to Slowest Pace Since 2021

(Bloomberg) -- South Korea’s labor market showed signs of cooling in May as employment growth slowed to its slowest pace in more than three...

JPMorgan, Citi Scrap Fed Rate-Cut Bets for July After Jobs Data

(Bloomberg) -- Economists at Citigroup Inc. and JPMorgan Chase & Co., some of the last holdouts predicting a Federal Reserve interest-rate cut in July,...

Treasury Yields Soar as Jobs Data Upend Bets on Fed Cuts in 2024

(Bloomberg) -- Treasury yields surged as surprise strength in the US labor market forced traders to once again question whether the Federal Reserve can...

Global Stock Rally Falters Ahead of US Jobs Data: Markets Wrap

(Bloomberg) -- A global equity rally faltered ahead of crucial US jobs data that could cement bets on when the Federal Reserve can start...

JPMorgan, Citi Cling to July Fed Rate-Cut Bets Ahead of Jobs Data

(Bloomberg) -- Wall Street’s last holdouts for a US interest-rate cut in July are preparing for their clearest sign yet on whether they —...

Wall Street Rally Takes a Breather Before US Jobs: Markets Wrap

(Bloomberg) -- Stocks and bonds lost steam on the eve of a US jobs reading that will help shape the outlook for the Federal...

Infrastructure, State Firms’ Stocks Win Big in India After Polls

(Bloomberg) -- Shares of Indian state-run companies and infrastructure-related firms were a standout on Monday after exit polls predicted a landslide victory for Prime...

More Advanced AI Siri Functionality Not Coming to iOS 18 Until 2025

Apple is planning a major AI overhaul for Siri in iOS 18, and Bloomberg's Mark Gurman says that the update will let ‌Siri‌ control...

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