A boost for Bitcoin. It climbed above an average that filters out random peaks and troughs partly because prediction markets signaled prospects of a victory by Trump. (He’s perceived as more pro-crypto than Harris.) The former president called for pay raises and bonuses for border patrol agents to help recruit 10,000 more to secure the US-Mexico border. Bloomberg Opinion’s Mary Ellen Klas explains why he’s winning with some immigrants. Things are heating up in Canadian politics too. Lawmakers within Prime Minister Justin Trudeau’s governing Liberal Party are reportedly organizing to pressure him to step down. The drama is ratcheting up as disgruntled Liberals return to parliament following damaging by-election losses. It sounds like a joke: A company called OpenAI sues a company called Open AI. But it’s real—and not simply a trademark dispute, but about who and what determine Silicon Valley’s winners and losers. Still, it’s been a great week for AI, with three nods from the Nobel Prize Committee (including the Economics one today) and new smart home plans from Apple. |