Bloomberg Business

McCarthy Has a ‘Lot of Ideas’ Ahead of Biden Meeting on Debt

House Speaker Kevin McCarthy said he has “a lot of ideas” he plans to share with President Joe Biden during a Wednesday meeting on how to avert a market-rattling payments default, but congressional Republicans don’t yet have a firm proposal to offer the administration.

ChatGPT Unleashes Stock Trader Stampede for Everything AI

A $480 billion chipmaker whose processors are used for complex computing tasks. A digital-media company seeking to mine nascent technologies for content. A tiny software firm whose shares traded below $1 for most of December.

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