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BusinessDaily pulse

Global markets react to shifting bond yields as major corporate mergers and AI developments reshape the business landscape.

Updated 80 sources

Key Points

Wall Street indexes saw gains as softer-than-expected inflation data tempered expectations for Federal Reserve interest rate hikes, even as bond yields experienced historic volatility.

The merger between Paramount and Warner Bros. reached a key milestone as Mattel CEO Ynon Kreiz was appointed as co-CEO of the combined entity.

AMD has agreed to acquire the AI startup World Labs, founded by scientist Li Fei-Fei, for $8.2 billion as competition with Nvidia intensifies.

The Trump administration is promoting large-scale infrastructure projects, including a significant Alaskan gas pipeline, as part of a strategy to bolster domestic investment.

Anthropic has raised alarms regarding the advanced hacking capabilities of the GLM-5.3 AI model developed by the Chinese firm Z.ai.

The Federal Reserve’s inspector general concluded that, while a $2.5 billion renovation project was poorly managed, it involved no illegal activity or misconduct.

Consumer confidence hit a decade-long low as Americans increasingly relied on personal savings to maintain spending levels throughout August.

The Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Harvard University to obtain data on hiring practices it alleges discriminate against white men.

ByteDance has solidified its position as China's largest data center tenant, accounting for one-fifth of the nation's capacity to support its expanding AI infrastructure.

Sources

80 articles · 10 outlets