We start with another uncomfortable truth linked to AI-- the possibility that this time, it really is different, different in what technological change is doing to recent college graduates trying to start their careers. There is no question that AI is here to stay. Just last month, we reported that Anthropic, a company that didn't exist 6 years ago, could be worth more than Nike or Starbucks.-Anthropic 170 billion, xAI in talks for 200 billion, and I think there's nowhere to go but up. Westin: and there's n ...

What role does increasing housing supply and increasing that inventory play in getting out of this stalemate. Well, new construction is playing a much bigger role in the market than it has, you know, in the last decade because of that because of the fact that there are so few existing homes for sale. Many people are turning to new construction.In terms of new construction, single family homes, those tend to be the most expensive because they're brand new. They're going to cost more. And for a first-time buy ...

I want to start with an area where you said Africa is the most undercapitalized, high potential geographic area in the world. Can you expand on that a bit more. So when you look at the continent of Africa and the venture space there. So the highest we had was of inflows of capitalization, and the venture space was international fleet of about 4 billion, $5 billion.When you compare that to the US with over $28 billion invested in the same year in the venture market or Europe with about $8,200 billion. So you ...

>> THIS IS "BALANCE OF POWER," LIVE FROM WASHINGTON, D. C. JOE: FROM BLOOMBERG'S WASHINGTON, D.C. , STUDIOS TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER." I'M JOE MATHIEU. THE TRUMP TARIFF CHAOS GOES FOR THE GOLD.ROILING MARKETS IN UNPRECEDENTED FASHION, STUNNING TRADERS AND THROWING BULLION MARKETS INTO TURMOIL. THE WHITE HOUSE PREVIEWS A CLARIFICATION ON THE ISSUE IN THE NEAR FUTURE. WE WILL TAKE A LOOK AT HOW MARKETS WERE SENT FOR A SPIN.REPORTS OF THE RESIDENTS SEARCH FOR A NEW ...

Special reports now on the fact that we have a meeting between the Russian president and US President Donald Trump taking place. It's official. It is the truth put out by the president is going to take place next Friday in the state of Alaska, in the United States.Let me just read what the president tweeted out just a few moments ago. The highly anticipated meeting between myself as president of the United States of America and President Vladimir Putin of Russia will take place next Friday, August 15th, in ...

The Boring Company is a nearly decade old effort by Musk to reinvent uh public transportation in this instance by digging tunnels in which he will put his Teslas underground and whisk you around without traffic. You have a great anecdote in the story about a disastrous uh meeting or series of meetings they held with officials the Port Authority of New York. Tell us a little bit about that. Apparently Cuomo set it up was friendly with Musk at the time. They wanted to do this incredibly ambitious project betw ...

Since graduating college, I would say I've applied to around 200 jobs. >> I would say I've applied to about 150, maybe more. Now, >> some of the interview processes consist of constructing models and valuations.Some of them are pitch decks. >> I made it to the final round for one like big tech company. Didn't end up getting it.I'm past round two for another one and the other ones I either haven't heard back or just like ghosted. Yeah. >> It's a story that's becoming more common and it's being reflected in a ...

Professor, fantastic to have you with us on this Friday of all Fridays. It's a fluid situation. What exactly the policy on gold imports is coming into the US, but I'm curious to hear your thoughts on what it could mean.We talked a little bit about the turmoil, what would it actually mean for the global economy if we did import or put tariffs rather, on gold imports. Well, I don't think the economic impact ultimately is very large, but I think what you're seeing is a symptom. A lot of us who have been follow ...

on platforms like ours where we we we actually supply much larger, more complex work with skilled workers, we're seeing AI actually enhance work and actually start to augment and accelerate categories that that some people thought would be disrupted. Things like video and animation, um contract law, accounting and bookkeeping. All of these categories are actually being accelerated and advanced by AI.AI is driving things in our business in two ways. you know the first is um you know what I refer to as the AI ...

We're about 2 minutes away from the end of this trading day. Scarlet Fu and Katie Greifeld here to take you through the closing bell. We've got a global simulcast, so let's bring in our friends and radio Carol Massar and Jess Menton Who is in for Tim Stenovec.So it's a ladies this Friday evening bringing together the best of our Bloomberg Television and Bloomberg Radio talent and our YouTube audiences. We want to welcome you worldwide to pass through the most crucial moments of the trading day. I feel like ...