Bessent Says Inflation 'Tame,' Yield Curve Can Drop
US Trerasury Secretary Scott Bessent comments on the outlook for the 10-year Treasury yield on "Bloomberg Open Interest." (Source: Bloomberg)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Solar Firms Surge as Senate Drops Excise Tax From Trump Bill
(Bloomberg) -- Shares for solar companies rose on Tuesday on the Senate's decision to remove an excise tax on wind and solar projects from President Donald Trump's tax and spending bill. Struggling Downtowns Are Looking to Lure New Crowds Philadelphia Transit System Votes to Cut Service by 45%, Hike Fares Sprawl Is Still Not the Answer Shares in Sunrun Inc. were up about 11%, Enphase Energy Inc. was up about 4% and Solaredge Technologies Inc. were up 9% at around 12:49 p.m. in New York after news reports on the change. The Senate passed the $3.3 trillion bill on Tuesday after making the last-minute change and other modifications meant to mollify some Republicans. The measure spiked a previously proposed excise tax on wind and solar projects that contained a certain threshold of components made in China, Senator James Lankford, a Republican from Oklahoma, told reporters Tuesday. That proposed tax, which had been tucked into the Senate bill unveiled days ago, was supported by some US manufacturers who said the country needs to urgently wean clean energy supply chains off China. But it had sparked alarm from renewable developers who said it could hike costs for wind farms and solar arrays that still rely on some foreign components and supply chains dominated by Beijing. Senator Ed Markey, a Democrat from Massachusetts, hailed the removal of the excise tax in a post on X ahead of passage. The bill would still phase out subsidies for wind and solar projects placed in service after December 31, 2027; some Republicans had made a last-ditch push to ease the credit cutoff. The various iterations of Trump's tax and spending package have whipsawed much of the renewable energy industry — and, with it, shares of developers, installers and manufacturers. The proposed addition over the weekend of the tax on some wind and solar projects stunned the industry, prompting shares to slide Monday. But now, with the excise tax's removal, shares popped on a day that would otherwise have threatened the pace of the growth of renewable energy in the US. Clean energy trade groups had warned that without changes, Trump's 'Big, Beautiful Bill' would have threatened some wind farms and solar arrays already under construction. The changes weren't enough to satisfy renewable developers who on Tuesday said the Senate-passed bill still poses a major threat to the industry. 'Despite limited improvements, this legislation undermines the very foundation of America's manufacturing comeback and global energy leadership. If this bill becomes law, families will face higher electric bills, factories will shut down, Americans will lose their jobs, and our electric grid will grow weaker,' Abigail Ross Hopper, president of the Solar Energy Industries Association, said in a statement. --With assistance from Erik Wasson. America's Top Consumer-Sentiment Economist Is Worried How to Steal a House SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too China's Homegrown Jewelry Superstar Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
13 minutes ago
- Bloomberg
Senators Came to Their Senses on AI Regulation Ban
Some sense has prevailed in the Senate — a 99-1 vote against a provision in its huge tax and spending bill that would have banned state-level artificial-intelligence laws for the next 10 years. It's been just 944 dizzying days since ChatGPT was launched into the world — imagine what might have happened over the next 3,653. A last-gasp effort to amend the bill, which included reducing 10 years to five, also failed. The new wording would have been more onerous than the original, decimating existing state laws on facial recognition and data privacy. New laws will need to tackle AI-triggered issues on discrimination, recruitment and mental health. The matter is simply too urgent to be left only in Washington's hands. Senators rightly saw through the moratorium as doing the bidding of big tech companies that want free rein to do as they please in the insatiable race to build and sell AI.
Geek Vibes Nation
14 minutes ago
- Geek Vibes Nation
How To Eliminate Guesswork In Business Decisions Using DI
When it comes to business, everything is about making the right decision at the right time. However, many leaders rely on intuition or outdated reports to make major decisions. It may result in a lack of opportunity, a delay in action, or even an expensive error. The great thing about this? You no longer need to do guesswork. Aided by advanced Decision Intelligence solutions, which combine artificial intelligence (AI) and decision-making, companies now have the opportunity to make smarter, faster, and more accurate decisions based on real-time data. Let's explore how DI works, why it matters, and how it helps eliminate the guesswork from decision-making. What Is Decision Intelligence? Decision Intelligence is an efficient technology that unites data, AI, and business logic to assist companies in making better decisions. Dashboards and reports are not enough. DI examines information across all parts of your business, interprets it, and suggests the next step to take. That is, traditional tools only inform you of what occurred; however, the DI will enable you to determine what to do now and even why you are doing what you are doing. Why Guesswork Still Happens in Business Businesses are continuously finding it hard to make optimal decisions, even when there a large amounts of data. Here's why: Too much data in too many places: Sales data on one system, supply data on another, and it is difficult to tie them together. Slow reporting: Reports are submitted on a weekly or monthly basis, which is too late to react to fast decisions. Limited human capacity: People can't analyze hundreds of variables at once. Lack of trust in AI: Not all leaders are willing to make use of what is suggested by a machine. Decision Intelligence solves all of this by gathering data from everywhere, analyzing it instantly, and recommending clear actions, backed by facts. Five Ways Decision Intelligence Eliminates Guesswork End-to-End Visibility DI stitches together siloed metrics—finance, marketing, supply chain—so leaders aren't making choices in isolation. Adaptive Forecasting AI recalibrates predictions with every new data point, ensuring decisions reflect real-time market sentiment rather than last quarter's snapshot. Scenario Stress Testing Before committing resources, teams can sandbox campaigns, price changes, or expansion plans across thousands of simulated economies. Bias Mitigation Quantitative models check human heuristics at the door, lowering the risk of anchoring, groupthink, or recency bias. Faster Cycle Time Automated insights collapse weeks of manual analysis into minutes, keeping momentum high and opportunity costs low. Implementing a Decision Intelligence Solution: A Pragmatic Roadmap 🟢Clarify the Decision Landscape Write out the activities that your team is making all the time, and yet, they have difficulty making well-informed, large-impact decisions. This could be inventory sizes, budgetary decisions, or talent distribution. Put first those that have KPIs. 🟢 Audit Your Data Foundation DI feeds on quality inputs. Institute data governance to check data policies, API connectivity compatibility, and clean old records to give a pass to garbage-in, garbage-out dilemmas. 🟢 Select or Build the Right Models Regardless of whether you will use out-of-the-box elements or personal pipelines, harmonize algorithms to business boundaries. An example is a supply-chain forecast that should include lead times and its storage capacity. 🟢 Embed Human Oversight Domain expertise is helpful even in the case of the most talented artificial intelligence and decision-making engine. Build feedback mechanisms to report edge cases by the managers, making the models more accurate in the long run. 🟢 Measure and Refine Post deployment, speed to decision, error reduction, and ROI lift. Use a monthly iteration, not a one-time install; DI is a breathing system, not a finished system. Decision Intelligence in Action Imagine a retail chain facing unpredictable demand swings. Instead of managers guessing how much stock to ship, the company's DI dashboard recommends precise replenishment quantities for each store by blending point-of-sale data, local events, and weather forecasts. When an unexpected heatwave hits, the system automatically boosts inventory for beverages and cooling appliances, preventing stockouts and lost sales. What once required frantic calls and spreadsheets now happens seamlessly, letting staff focus on superior customer experiences. Common Myths About DI 'Our data is too messy.' Most companies start this way. DI tools include features to clean and organize data over time. Most companies start this way. DI tools include features to clean and organize data over time. 'This will take away jobs.' Actually, DI frees up your team from manual reporting, so they can focus on strategy and creativity. Actually, DI frees up your team from manual reporting, so they can focus on strategy and creativity. 'AI can't be trusted.' The best DI platforms show exactly why a recommendation is made. It's all transparent and easy to understand. The Future of Smarter Decisions According to industry experts, most large companies will be using Decision Intelligence in the next few years. Those who adopt it early will have a major advantage—moving faster, reducing waste, and staying ahead of the competition. Final Thoughts With so much data available today, businesses need more than instinct. They need tools that help turn data into smart decisions—quickly and confidently. That's where Decision Intelligence solutions shine. By combining artificial intelligence with real-time insights, you can finally stop guessing and start making decisions that lead to real business success. Ready to take the guesswork out of your decisions? Start exploring how Decision Intelligence can transform your business today.
