Iran War Continues as Gas Prices and National Debt Soar. Johnson Sends House Home to Avoid Hegseth Impeachment Vote

"Really Only One Thing Worries Us A Lot": Here's What Keeps Goldman's Commodities Guru Up At Night Samantha Dart, co-head of global commodities research at Goldman, joined Bloomberg TV on Monday morning and warned that diesel sits at the epicenter of a worsening global fuel supply squeeze, as Ukrainian drone and missile strikes disrupt Russian refining and the US-Iran war disrupts tanker flows through the Strait of Hormuz. Dart joined Haslinda Amin on Insight with Haslinda Amin to discuss growing risks in diesel markets. She warned, "The situation in Russia is really...

WSJ Catches Up, Discovers AI's Off-Balance Sheet Liabilities Are $3 Trillion And Growing $1.2 Trillion Per Quarter More than two months ago, long before most Wall Street analysts had any clue that the bulk of the AI buildout commitments were diligently hidden in various off-balance sheet SPVs and other (perfectly legal) accounting gimmicks, we wrote a lengthy article detailing just that, and explaining why far beyond the $1 trillion (and rapidly rising) in annual plain vanilla capex -- all of which now has to be funded through debt issuance since...

Anthropic Accuses Alibaba Of Running Major "Adversarial Distillation" Campaign To Extract Claude Capabilities Anthropic has accused Alibaba Group of orchestrating one of the largest known efforts by a Chinese company to extract capabilities from a leading U.S. artificial intelligence model, according to a letter the AI company sent to several U.S. senators and White House officials. The letter claims that operators linked to Alibaba’s Qwen AI lab used nearly 25,000 fraudulent accounts to conduct 28.8 million exchanges with Anthropic’s Claude model between April and June. The activity focused on the model’s...