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Macro Finance

Trump Spurns Iran’s Latest Offer, OpenAI Scraps Debut of AI Model

Bloomberg Markets·September 29, 2026·1 min read

US bond market selloff deepened Monday after President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, threatening to prolong the war's energy shock. Separately, OpenAI is holding back a version of its Astra model while it establishes stronger safeguards for AI development, flagging heightened risks after recent rogue AI hacking incidents.

Read at Bloomberg Markets
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