National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the war Donald Trump has claimed US fuel prices are “not very high, relatively speaking” as his administration grapples with affordability concerns after the surge in costs sparked by his war on Iran . The national average gas price stood at about $4.16 per gallon on Tuesday, according to A...
National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the war Donald Trump has claimed US fuel prices are “not very high, relatively speaking” as his administration grapples with affordability concerns after the surge in costs sparked by his war on Iran . The national average gas price stood at about $4.16 per gallon on Tuesday, according to AAA – $0.37 lower than a month ago, but still about $1 more expensive than the same time last year. Continue reading...
Chinese President Xi Jinping’s visit to North Korea may have helped cement China’s “indispensable” role in ensuring regional stability and highlighted its importance to his host’s economy, analysts said. The Chinese president wrapped up his visit on Tuesday afternoon after reaching what he said was a “critical consensus” with North Korean leader Kim Jong-un. Xi told a lunch at the Kumsusan State G...
Chinese President Xi Jinping’s visit to North Korea may have helped cement China’s “indispensable” role in ensuring regional stability and highlighted its importance to his host’s economy, analysts said. The Chinese president wrapped up his visit on Tuesday afternoon after reaching what he said was a “critical consensus” with North Korean leader Kim Jong-un. Xi told a lunch at the Kumsusan State Guest House that he was ready to work with Kim to to “jointly guide China-North Korea relations...
Welcome to The Brink . I’m Irene García Pérez , reporting from New York, where I looked at how the success of the Knicks is providing a boost to MSG Networks debtholders. We also have news on Altice, Raizen and a bankrupt operator of sleep-away summer camps. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . Playoff Push Just a year before the New York Knicks ear...
Welcome to The Brink . I’m Irene García Pérez , reporting from New York, where I looked at how the success of the Knicks is providing a boost to MSG Networks debtholders. We also have news on Altice, Raizen and a bankrupt operator of sleep-away summer camps. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . Playoff Push Just a year before the New York Knicks earned a spot in the NBA Finals, the company that broadcasts its games was thrown a lifeline to avoid a potential bankruptcy filing. Now, the lenders who backed that restructuring are likely cheering on the team’s success. The Knicks’ playoff run is a potential boon for MSG Networks, part of Sphere Entertainment , the company controlled by team owner James Dolan . The nationally televised Finals won’t give it any direct revenue, but the team’s winning ways could drive cable and streaming subscriptions from a large, die-hard fanbase that hasn’t experienced a championship win in more than 50 years. “While MSG Networks won’t directly benefit from the Knicks lengthy 2026 playoff run, the local network could see ratings benefit next season from the solid playing momentum and team star power,” said Kevin Near , a Bloomberg Intelligence analyst. The company is working to pay off a $210 million loan it agreed to with creditors including Deutsche Bank and GoldenTree Asset Management in April last year to restructure a more than $800 million loan it couldn’t repay. The rework also included an $80 million cash payment when the deal closed and up to $100 million of the company’s free cash flow once the loan is repaid. Deutsche Bank declined to comment. Representatives for GoldenTree and MSG Networks didn’t respond to a request for comment. The Knicks are one of the NBA’s most popular teams, and in the heart of the biggest US media market. The first game of the series against the San Antonio Spurs drew almost 17 million viewers last week, the highest tally for Game 1 of the Finals since 20...
Women’s head coach to select staff for New Zealand tour Lions team mainly be made up of dominant Red Roses Jo Yapp, the women’s British and Irish Lions head coach, revealed that she has spoken to Andy Farrell to pick “the brains of those who have gone before” as she begins her preparations for the inaugural tour. Yapp, who was in charge of Australia at last year’s World Cup, was appointed last mon...
Women’s head coach to select staff for New Zealand tour Lions team mainly be made up of dominant Red Roses Jo Yapp, the women’s British and Irish Lions head coach, revealed that she has spoken to Andy Farrell to pick “the brains of those who have gone before” as she begins her preparations for the inaugural tour. Yapp, who was in charge of Australia at last year’s World Cup, was appointed last month as the head coach for the 2027 women’s Lions tour of New Zealand. Farrell was the head coach of the men’s winning tour of Australia in 2025 and is the head coach of Ireland. The 46-year-old said: “I think it is really important to draw on the experiences before. I have already spoken to Andy Farrell who was really helpful so my plan is to make sure we pick the brains of those who have gone before because it would be naive not to use that experience. “He was super open, which was really lovely. One of the things he talked about in terms of when you are pulling together your staff is that you get the right people there. The people you trust, you can work with. I think that is massively important for me when I am considering people to bring together.” Yapp has not yet selected the rest of her coaching staff and said it will be about “getting the best people in the room” to be as “strong as we can and to create the best environment for the players”. It has not been confirmed when the rest of the coaches will be announced. A worry for fans is that the Lions team will be mainly made up of England players with the Red Roses an all-conquering side in the women’s game. The team are world champions and are on a winning run of 38 consecutive games. Yapp said: “Ultimately we want to pick the best players. As it stands, and having watched a lot of Six Nations, PWR, Celtic Challenge games there are a lot of very good players across the other unions that will definitely be putting their hands up. Although it is not a long time [until the tour], there are a lot of games to be played. So...
Oracle has been named a Leader in the 2026 Gartner® Magic Quadrant™ for Talent Acquisition (Recruiting) Suites. The report evaluated Oracle Fusion Cloud Recruiting and Oracle Fusion Cloud Recruiting Booster, part of Oracle Fusion Cloud Human Capital Management (HCM). Oracle also ranked second in the Core Applicant Tracking Systems (ATS) Use Case, third in the Extended AI and Extended CRM Use Cases...
Oracle has been named a Leader in the 2026 Gartner® Magic Quadrant™ for Talent Acquisition (Recruiting) Suites. The report evaluated Oracle Fusion Cloud Recruiting and Oracle Fusion Cloud Recruiting Booster, part of Oracle Fusion Cloud Human Capital Management (HCM). Oracle also ranked second in the Core Applicant Tracking Systems (ATS) Use Case, third in the Extended AI and Extended CRM Use Cases, and fourth in the High-Volume Hiring Use Case in the 2026 Gartner® Critical Capabilities for Talen
Meta is planning to use the data shared by other businesses to personalize your feed and its AI responses. In a blog post on Tuesday , Meta explains that it already uses your off-platform activity, like the games you play or your purchases on other websites, to serve you ads. But now it's expanding the scope of the content it personalizes across Facebook and Instagram. For example, Meta says if yo...
Meta is planning to use the data shared by other businesses to personalize your feed and its AI responses. In a blog post on Tuesday , Meta explains that it already uses your off-platform activity, like the games you play or your purchases on other websites, to serve you ads. But now it's expanding the scope of the content it personalizes across Facebook and Instagram. For example, Meta says if you bought a tent online recently, you might see camping-related videos in your Reels feed. "We aren't collecting any new data as part of this update," the blog post says. "This is about using information that businesses already send to us to further … Read the full story at The Verge.
Luis Díaz is the leading light of an extremely well-supported team still built around the 2014 golden boot winner James Rodríguez This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kic...
Luis Díaz is the leading light of an extremely well-supported team still built around the 2014 golden boot winner James Rodríguez This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on 11 June. Continue reading...
As the landscape for private markets shifts, many investors are weighing the merits of Brookfield Asset Management (NYSE:BAM) and Ares Management (NYSE:ARES) to find the best long-term growth opportunity. Both companies are titans in the world of alternative investments, managing capital for some of the largest institutions on the planet. While they share a sector, their financial profiles and ass...
As the landscape for private markets shifts, many investors are weighing the merits of Brookfield Asset Management (NYSE:BAM) and Ares Management (NYSE:ARES) to find the best long-term growth opportunity. Both companies are titans in the world of alternative investments, managing capital for some of the largest institutions on the planet. While they share a sector, their financial profiles and asset concentrations offer distinct trade-offs for those looking to diversify beyond traditional stocks and bonds. Brookfield Asset Management is a global alternative asset manager focused on high-value sectors, such as infrastructure, renewable power, and real estate. The firm manages capital for diverse clients, including pension plans and sovereign wealth funds that seek stable, long-term returns among financial stocks . With operations in more than 15 countries, the company relies on its massive scale to secure large-scale investment opportunities that smaller competitors might miss. Continue reading
Concerns that artificial intelligence could trigger widespread job losses have yet to materialize in the U.S. labor market, according to Apollo Chief Economist Torsten Slok, who argues that current employment data show little evidence of workers being displaced by AI technologies such as ChatGPT. Slok pointed to several key labor market indicators that remain resilient despite growing adoption of ...
Concerns that artificial intelligence could trigger widespread job losses have yet to materialize in the U.S. labor market, according to Apollo Chief Economist Torsten Slok, who argues that current employment data show little evidence of workers being displaced by AI technologies such as ChatGPT. Slok pointed to several key labor market indicators that remain resilient despite growing adoption of artificial intelligence across industries. One of the most closely watched measures, the ratio of job openings to unemployed workers, has recently moved higher and now sits above 1.0. That level indicates there are still more available positions than workers actively seeking employment, suggesting demand for labor remains strong. The latest employment figures further support that view. The May jobs report showed nonfarm payrolls increased by 172,000, exceeding expectations and signaling continued strength in hiring activity across the economy. According to Slok, if artificial intelligence were causing a significant jobs crisis, labor market conditions would likely look very different, with job openings falling sharply and unemployment rising. Instead, current data continue to reflect a healthy labor market with employers actively seeking workers. Market Tracking ETFs: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). More on markets BofA raises red flags as bear-market signals flash Beyond big tech: AI adoption spreads across nearly every sector AI benefits still concentrated in the Magnificent Seven, Apollo says MSG shares surge on Knicks Finals run ahead of Trump's expected Game 3 visit Bitcoin bounces back above $63K following Friday’s washout below $60K
The $31 trillion Treasury market has an unequivocal message for Kevin Warsh’s Federal Reserve: Interest rates aren’t high enough. The reset upwards only intensified last week after the latest read on job growth topped all forecasts, reinforcing a growing conviction that rates need to rise in order to rein in inflation pressures and temper the risk of an AI-induced boom overheating the economy. Dav...
The $31 trillion Treasury market has an unequivocal message for Kevin Warsh’s Federal Reserve: Interest rates aren’t high enough. The reset upwards only intensified last week after the latest read on job growth topped all forecasts, reinforcing a growing conviction that rates need to rise in order to rein in inflation pressures and temper the risk of an AI-induced boom overheating the economy. David Seif, Chief Economist for Developed Markets at Nomura, discusses his expectations for the Fed's path forward. (Source: Bloomberg)
Is IRM a good stock to buy? We came across a bullish thesis on Iron Mountain Incorporated on X.com by @MoneyShow. In this article, we will summarize the bulls’ thesis on IRM. Iron Mountain Incorporated’s share was trading at $123.50 as of June 8th. IRM’s trailing and forward P/E were 135.50 and 62.50 respectively according to Yahoo […]
Is IRM a good stock to buy? We came across a bullish thesis on Iron Mountain Incorporated on X.com by @MoneyShow. In this article, we will summarize the bulls’ thesis on IRM. Iron Mountain Incorporated’s share was trading at $123.50 as of June 8th. IRM’s trailing and forward P/E were 135.50 and 62.50 respectively according to Yahoo […]
Optimum Communications ( NYSE: OPTU ) on Tuesday said it had surpassed 700,000 mobile lines, marking a milestone in the company's expansion of its wireless business. The company said the growth reflects continued demand for bundled internet and mobile services as consumers seek lower-cost connectivity options. Optimum recently expanded discounts for qualifying customers who bundle internet and mob...
Optimum Communications ( NYSE: OPTU ) on Tuesday said it had surpassed 700,000 mobile lines, marking a milestone in the company's expansion of its wireless business. The company said the growth reflects continued demand for bundled internet and mobile services as consumers seek lower-cost connectivity options. Optimum recently expanded discounts for qualifying customers who bundle internet and mobile services, offering savings of up to $20 per month. The company also offers additional promotions for customers bundling television, internet, and mobile services. The company did not disclose prior mobile line totals, subscriber additions, or financial impacts associated with the milestone. Source: Press Release More on Optimum Communications Optimum jumps after equity deal, tender offer announcements Citi Research raises alarm on Optimum Communication as debt risks escalate Seeking Alpha’s Quant Rating on Optimum Communications
Amazon ramps up AI robotics with new Proteus and DeepFleet, targeting faster fulfillment as billions in investments raise questions about near-term margins.
Amazon ramps up AI robotics with new Proteus and DeepFleet, targeting faster fulfillment as billions in investments raise questions about near-term margins.
Nintendo announced a remake of The Legend of Zelda: Ocarina of Time during its Nintendo Direct presentation on Tuesday. It will launch sometime in 2026 on Nintendo Switch 2 . More details will be announced "in the future." The Legend of Zelda: Ocarina of Time will be reborn on Nintendo Switch 2 in 2026. #NintendoDirect pic.twitter.com/t3qz5IVv5u - Nintendo of America (@NintendoAmerica) June 9, 202...
Nintendo announced a remake of The Legend of Zelda: Ocarina of Time during its Nintendo Direct presentation on Tuesday. It will launch sometime in 2026 on Nintendo Switch 2 . More details will be announced "in the future." The Legend of Zelda: Ocarina of Time will be reborn on Nintendo Switch 2 in 2026. #NintendoDirect pic.twitter.com/t3qz5IVv5u - Nintendo of America (@NintendoAmerica) June 9, 2026 This new title is the first major release in the franchise since 2024's Echoes of Wisdom , which starred Princess Zelda herself. Echoes followed 2023's Tears of the Kingdom , a direct sequel to Breath of the Wild - both of which got upgraded Switc … Read the full story at The Verge.