Whitmer Declares Energy Emergency, Eases Diesel Rules For Farmers

Pimco's Top-Performing 60/40 Fund Bets AI's Next Winners Are In Asia, From Chips To Rare Earths Emmanuel Sharef, who oversees Pacific Investment Management Co.'s flagship Balanced Income and Growth Fund, spoke with Bloomberg about how the next leg of the artificial-intelligence boom could be concentrated in Asian stocks and beyond.  Wealthy clients in Taiwan, Hong Kong, Singapore, and mainland China have been piling into the $19 billion fund, which has outperformed 97% of its peers during the past three years. The fund is underweight most hyperscalers and members of the Magnificent Seven...

Indian National Pleads Guilty In $227 Million COVID Test Scam, Bought Data From Pakistani Firm Syed Murtuza Kablazada, an Indian national living in Des Plaines, Illinois, pleaded guilty Friday to a Medicare fraud scheme that billed $227 million for over-the-counter COVID-19 test kits nobody ordered, the Justice Department said. Prosecutors say he paid about $11 million to a purported telemarketing company in Pakistan for the personal information of hundreds of thousands of Medicare beneficiaries, then used it to file the claims.Kablazada, 36, and his co-schemers bought three Chicago-area laboratories -...

The unipolar club is closed. The United States no longer holds the only key. A new table is being set in global politics, and the question isn’t whether the world is becoming multipolar. It aleady is. The question is: who actually gets a seat? Not who is invited. Not who is hoped for. Who earns […]