Catch up on this week’s big reads and get ahead on the latest with stories selected by Bloomberg editors.

America Is Minting Lots of Cash-Strapped Millionaires

Millionaire households are on the rise, but much of their wealth is in hard-to-reach assets.

Gold’s Record Rally Is Helping China Challenge Trump and the Dollar

Beijing is seizing the opportunity to offer up an alternative to US financial dominance. 

‘I Believe It’s a Bubble’: What Some Smart People Are Saying About AI

If we are in an artificial intelligence bubble, how would we know?

Ferrari-Loving Trader Burned Wall Street With Bond Bet Leveraged 11,000-to-1

Citigroup and MUFG were among the firms stung by $2.6 billion trade that’s now at the heart of a London lawsuit.

OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular Deals

A wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom is being propped up by interconnected business transactions.

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