Bloomberg Business

Lula Chides Brazil Central Bank Head After Hawkish Rate Hold

Brazil President Luiz Inacio Lula da Silva renewed his attacks on the country’s central bank chief the day after policymakers held interest rates steady at a six-year high while offering no indication that looser monetary policy is imminent.

Google Reveals New Foldable Pixel Phone

Alphabet Inc.’s Google gave a surprise early look at a foldable Pixel smartphone, heralding its move into a category currently dominated by Samsung Electronics Co.

White House Says It Backs New Rules for AI After Harris Meeting

Vice President Kamala Harris said the White House would support new regulations or legislation to mitigate the potential harms from artificial intelligence technology after a meeting Thursday with the chief executive officers of Alphabet Inc., Microsoft Corp., OpenAI Inc., and Anthropic.

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