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Wall Street Week | Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff
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Wall Street Week | Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff

Bloomberg Markets · May 16, 2026, 2:15 PM · Also reported by 4 other sources

This week, Ray Dalio explains why markets shrug off wars and why this time might be different. And, why are AI executives warning about the dangers of systems they are simultaneously racing to build? Plus, China’s massive investments in energy infrastructure are increasingly shaping the global competition for artificial intelligence leadership and industrial power. Later, can New York remain attractive to businesses and young workers while raising taxes to close a growing budget shortfall? (Source: Bloomberg)

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