Bloomberg Daybreak

Bloomberg White House correspondent and national security editor Michelle Jamrisko is on Bloomberg This Weekend discussing renewed US-Iran diplomacy after indirect talks in New York failed to overcome disagreements over sanctions, the US blockade and the Strait of Hormuz. Speaking with hosts David Gura and Christina Ruffini, Jamrisko says the two sides remain on different timelines and also examines questions surrounding Taiwan after President Donald Trump’s meeting with Chinese President Xi Jinping. (Source: Bloomberg)

Wild gyrations in individual stocks on a punchy cocktail of AI euphoria and fear, a tumbling bond market and geopolitical drama bode well for a long-favored trade among hedge fund managers.

Renaissance Macro Research economist Neil Dutta tells Bloomberg This Weekend that the US labor market has stabilized while persistent inflation could force the Federal Reserve to raise interest rates at a faster pace than investors currently expect. Speaking with hosts David Gura and Christina Ruffini, Dutta says rising food and energy costs risk pushing inflation expectations higher and argues inflation remains the more pressing side of the Fed’s dual mandate. (Source: Bloomberg)

New York Times finance reporter Maureen Farrell tells Bloomberg This Weekend that Wall Street is growing more skeptical of the AI data center boom as rising interest rates, local opposition and permitting delays add uncertainty and costs to projects. Speaking with hosts David Gura and Christina Ruffini, Farrell says trillions of dollars in financing may require tapping public markets, but investor resistance is making planned data center IPOs harder and potentially more expensive to complete. (Source: Bloomberg)

Artificial intelligence could wipe us all out. Or it might just kill our unwanted subscriptions.

Bloomberg News Meteorologist Craig Allen tells Bloomberg This Weekend that the slow-moving nor’easter is weakening but will continue bringing rain and flooding risks to parts of the Northeast after strong winds and coastal flooding battered the region. Speaking with hosts David Gura and Christina Ruffini, Allen says New York through Boston has borne the brunt of the storm, with additional rain possible even as the strongest winds subside. (Source: Bloomberg)

Baltimore Orioles owner, Carlyle Group co-founder and host of Bloomberg's Peer to Peer Conversations David Rubenstein tells David Gura that he bought his hometown team in part to help revitalize Baltimore and says sports owners tend to prioritize winning over operating profits. Rubenstein also discusses soaring franchise valuations and his new book, Inside the Owner’s Box, which examines the business and leadership of professional sports ownership. (Source: Bloomberg)

IAEA Director General Rafael Mariano Grossi sat down with David Gura and said that Iran retains a significant amount of uranium enriched to 60%, while inspectors have lost access needed to verify the status of nuclear material and facilities damaged by military strikes. Grossi also says inspections could resume quickly if there is political will for a new agreement, while also discussing his campaign to become the next UN secretary-general. (Source: Bloomberg)

Bloomberg News Middle East reporter Dan Williams and Bloomberg Intelligence senior commodity strategist Mike McGlone are on Bloomberg This Weekend discussing President Donald Trump’s rejection of Iran’s latest proposal to reopen the Strait of Hormuz and restart negotiations, as the conflict continues to strain global energy markets. They tell hosts David Gura and Christina Ruffini that economic pressure could shape the next phase of diplomacy, while rising fuel costs and shifting US supply and Chinese demand remain critical factors for oil prices. (Source: Bloomberg)

Emerging-market investors from Aegon USA Investment Management to JPMorgan Asset Management are dialing back riskier bond bets as the deepening selloff in global credit markets starts to derail a stellar run for debt in the developing world.

After 25 years of planning and eight years of construction, the Gordie Howe Bridge finally opened between Detroit and Windsor this July. But the ceremony was attended only by Canadian officials, a sign of just how much the relationship between the two countries has deteriorated. What does it mean for businesses on the ground, and what can we learn about the future of US-Canada relations? (Source: Bloomberg)

Barrick Mining Corp. has reached an agreement with unions representing workers at its Loulo-Gounkoto gold mining operation in western Mali, averting strikes planned to begin on Monday.

Absa AgriBusiness agricultural economist Zama Sangweni says El Niño could reduce summer crop yields and put upward pressure on food prices. She explains how more severe weather could also reshape regional trade and why countries including Zambia may be especially exposed through agriculture, employment and hydropower. (Source: Bloomberg)

China’s giant pandas Pingping and Fushuang departed Chengdu for Zoo Atlanta early Sunday on a chartered flight, beginning a 10-year stay in the US, China Central Television reported on Sunday.

Public support for Thai Prime Minister Anutin Charnvirakul and his Bhumjaithai Party has plunged, according to an opinion poll, as his government confronts rising oil prices and a court ruling that may threaten its hold on power.

Under the shadow of Beijing’s single-minded focus on artificial intelligence, China’s consumer stocks are trapped in a lost decade.

Iain Drayton, APAC Head of Investment Banking at Goldman Sachs, sees elevated issuance across the region, particularly in markets tied to the AI supercycle, with momentum largely driven by tech. He speaks on "Bloomberg: The China Show.” (Source: Bloomberg)

Andy Rothman, former US diplomat and founder of advisory firm Sinology, says China and the US are willing to maintain stability in bilateral ties. He also urges investors to focus on China’s consumption story. He speaks at CITIC Securities’ International Investors’ Forum in Hong Kong. (Source: Bloomberg)