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Departure from Alberta: Trump Leaves G-7 Summit Early as Israel-Iran Tension Spikes (Bloomberg)
Donald Trump’s hasty exit from the Group of Seven conference in Canada deepened questions about his promise to bring peace to an increasingly violent world and added fresh evidence of his skepticism toward the institutions that have long underpinned US diplomacy.
Russian Strikes Pound Kyiv as Trump Goes Slow on Sanctions (Bloomberg)
Russian air strikes killed at least 14 people in Kyiv in what President Volodymyr Zelenskiy described as “one of the most horrific attacks” as multiple locations in the Ukrainian capital were struck by drones and missiles or hit by debris.
Minnesota Latest: How the Minnesota Shootings Suspect Was Caught (New York Times)
Officers spotted Vance Boelter and used a drone to track him from overhead as he crawled through thick shrubs, Elliot Faust, a deputy police chief in Brooklyn Park, Minn., said. They converged on him, and although he was armed, no force was used while arresting him, officials said. He was captured not far from the home outside Green Isle, Minn., where he lived with his wife and children.
Critics Call Out Conflict of Interest: Trump Family Launches Branded Mobile Phone Service in US (Bloomberg)
Trump’s sons, Eric Trump and Donald Trump Jr., unveiled the service, dubbed Trump Mobile, on the 10-year anniversary of their father’s announcement that he would run in the 2016 presidential election.
The service will use network capabilities from all three major US carriers — T-Mobile US Inc., Verizon Communications Inc. and AT&T Inc., according to a statement. The family is also launching a Trump-branded mobile phone, the T1 — a “sleek gold” model that will be made in the US and cost $499.
This new business venture stands to escalate concerns over how the president’s expanding business enterprises conflict with his government responsibilities. Unlike his predecessors, Trump didn’t divest his wealth or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.
Watch This: Doctors Say Strict Abortion Laws in Texas Put Pregnant Women and their Physicians at Serious Risk (CBS 60 Minutes)
Our Latest AI Offering: Investors to Streamline Alpha-Generating Research with Bloomberg's Document Search & Analysis (The Desk)
Bloomberg is expanding the artificial intelligence capabilities of the Bloomberg Terminal with Document Search & Analysis, or DSX. The new service allows users to question documents using everyday language and receive structured, distilled, comparative data in response. This information can then be compared with Bloomberg data and analytics and internal research notes.
The new research solution will be released to Bloomberg Terminal users by the end of 2025, and it's powered by Bloomberg’s 40 years of domain expertise and more than 15 years of applying responsible AI in finance. Read the official Bloomberg announcement here, or try it yourself at DSX <GO>.
"Big Bill" Latest: Harvard Wins Reprieve, SALT Stalls: Tax Bill Winners and Losers (Bloomberg)
US businesses and wealthy universities scored major wins in the Senate Republicans’ version of Donald Trump’s tax bill, while low-income Americans and clean energy providers are poised to be hit the hardest.
Higher Ed Latest: Trump’s Higher-Ed Fight Comes for Public Schools in States That Voted for Him (Bloomberg)
There are signs Donald Trump’s attacks on higher education and immigration are having a chilling effect. The University of Central Missouri’s foreign student enrollment was down about 1,050 this spring compared to last year, putting international students at about 2,750. Officials are preparing to lose more in the fall.
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