Monica Ricks

CNN reports Beijing is expected to ship surface-to-air missiles known as manned portable air defense systems to Iran, which can be operated by one person and are easy to transport, conceal and use.

But a spokesperson for the Chinese embassy in Washington has denied those allegations, saying China has never provided weapons to any party to the conflict.

The White House is using the war with Iran to justify fast-track policy changes.

We get more on that from Bloomberg's Nathan Hager.

It may be tough to believe given the war in Iran, but Wall Street seems to be on a big win streak.

Bloomberg's Andrew O'Day explains.

Nationwide, AAA says a gallon of regular gas has shot up by $1.17 since the war started.

That's a 40% spike in costs, and that added to a big jump in inflation last month.

The biggest one-month increase in four years, up 0.9% from February, up 3.3% year-over-year.

The Federal Reserve is now asking major U.S.

banks for details about their exposure to private credit.

Here's Bloomberg's Ed Kalecki.

Meantime, Anthropic delayed the full release of its new AI model, Mythos, this week because the company says it may be too dangerous for the public.

Wall Street banks, including JPMorgan Chase, are testing it internally now to detect vulnerabilities.

But there's concern among federal regulators about the risk of cyber attacks to the financial industry and the potential to exploit weaknesses.

Democratic Congressman Eric Swalwell is denying allegations of sexual misconduct against a former staffer and three other women as calls for him to drop out of the California governor's race grow.

He posted this video to X last night.

Up until now, Swalwell has been a top-polling Democrat in that race.

The crew of Artemis II is back on Earth after completing a nine-day journey that included a trip around the moon.

NASA says the four astronauts are safe and healthy and have now set the stage for Artemis III, which is the next step to put people back on the moon.