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On today’s podcast:
(1) The Houthis, a militant group in Yemen who have been threatening to open another front in the Iran war, said they had targeted two oil tankers in the Red Sea.
(2) The European Central Bank will probably keep interest rates on hold on Thursday, buying time to assess the fallout of renewed fighting in the Middle East.
(3) The US and Saudi Arabia finalized a long-sought nuclear technology-sharing deal that could allow American companies to build reactors in the kingdom, but cracks the door open for the country to enrich its own nuclear reactor fuel.
(4) Alphabet set the tone for Big Tech earnings with a higher spending outlook that stoked concern the company will ditch fiscal discipline in the race to dominate artificial intelligence.
(5) Tesla’s profit tumbled despite a strong quarter for its automotive business, pressuring Elon Musk’s plan to refocus the electric vehicle maker on artificial intelligence and robots.
(6) When OpenAI’s advanced artificial intelligence models breached AI startup Hugging Face’s internal systems last week, they spent mere hours carrying out a hack that would have taken a skilled human far longer, people familiar with the matter said.
(7) Hundreds of bankers moved to Paris incentivized by employers moving their European headquarters from Brexit Britain, while taking advantage of generous French tax breaks that last for as long as 8 years. Now, with those time-limited benefits set to start expiring (https://www.bloomberg.com/news/articles/2026-07-23/french-politics-jolt-brexit-bankers-drawn-to-paris-by-tax-breaks?), the question for some is whether it might be soon time to relocate again.
Podcast Conversation: Luxury Travelers Turn to Split Trips for City-and-Beach Getaways (https://www.bloomberg.com/news/articles/2026-07-22/luxury-travelers-are-pairing-cities-with-beach-resorts)
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