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Gold
2,417.40
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Dow Eclipses 40,000 For First Time As Investors Bet On Rate CutsDow Eclipses 40,000 For First Time As Investors Bet On Rate Cuts
El-Erian Says Fed’s Higher-for-Longer Rates U-Turn Is at Odds With Market
VIX Index Closes at Lowest Since 2019 as S&P 500 Grinds Higher
Exclusive
Nippon Steel Boosts Efforts to Woo US Steel Workers, Politicians

Election 2024

Swing-State PollBlue-Collar WorkersBidenomics
Attendees Arrive For Allen & Co. Media And Technology ConferenceAttendees Arrive For Allen & Co. Media And Technology Conference
Patrick T. Fallon/Bloomberg

Latest

Inside The 2024 Montreal Electric Vehicle ShowInside The 2024 Montreal Electric Vehicle Show
Exclusive
Tesla’s ‘Full Self-Driving’ Struggled Soon After Leaving My Driveway
Canada Is Looking at EV Tariff Policy After Biden’s Move Against China
Chinese-Made Teslas Pour Into Canada as Biden Erects US Tariff Wall
Bloomberg News Now

Listen to the latest news: Dow Closes Over 40K, iPhone Slimming, More

4:47

Bloomberg Opinion

TOPSHOT-UKRAINE-RUSSIA-CONFLICT-WARTOPSHOT-UKRAINE-RUSSIA-CONFLICT-WAR
Bloomberg Opinion
Why Won't Biden Let Ukraine Hit Russia Back With US Weapons?
Kyiv needs to strike across the border before it loses Kharkiv and much of its eastern regions.
By Hal Brands, Columnist
US Wildfire Season Is Now Everywhere, All at Once
By Mark Gongloff, Columnist
Mark GongloffMark Gongloff
DeSantis’ Immigration Stunt Didn’t Go Entirely as Planned
By Mary Ellen Klas, Columnist
Wegovy Should Be Treating More Than Obesity
By Lisa Jarvis, Columnist
Lisa JarvisLisa Jarvis
US-ENTERTAINMENT-FASHION-METGALA-CELEBRITY-MUSEUMUS-ENTERTAINMENT-FASHION-METGALA-CELEBRITY-MUSEUM
Angela Weiss/AFP/Getty Images
Bad Bunny’s Sports Agency Sues MLB Union Over Agent Restrictions
TikTok Parent Seeks to Fast-Track Suit Over US Divest-or-Ban Law
Dazzling Solar Storm Tested Power Grids. Data Suggests More Are ComingDazzling Solar Storm Tested Power Grids. Data Suggests More Are Coming
Dazzling Solar Storm Tested Power Grids. Data Suggests More Are Coming
The largest geomagnetic storm since 2003 that occurred last Friday may be just the beginning of a more intense than expected period of solar activity.
Displaced Palestinians in Khan Yunis, Gaza, on May 16.Displaced Palestinians in Khan Yunis, Gaza, on May 16.
Source: AFP/Getty Images

Bloomberg News Now

Listen to the latest news: Dow Closes Over 40K, iPhone Slimming, More

4:47

Latest

AFI FEST 2016 Presented By Audi - Opening Night - Premiere Of 20th Century Fox's "Rules Don't Apply"AFI FEST 2016 Presented By Audi - Opening Night - Premiere Of 20th Century Fox's "Rules Don't Apply"
Dabney Coleman, Actor Who Specialized in Curmudgeons, Dies at 92
AFI FEST 2016 Presented By Audi - Opening Night - Premiere Of 20th Century Fox's "Rules Don't Apply"AFI FEST 2016 Presented By Audi - Opening Night - Premiere Of 20th Century Fox's "Rules Don't Apply"
Bank of America Corp. Locations Ahead of Earnings FiguresBank of America Corp. Locations Ahead of Earnings Figures
A 25-Year-Old BofA Trader Dies Suddenly at Industry Outing
Bank of America Corp. Locations Ahead of Earnings FiguresBank of America Corp. Locations Ahead of Earnings Figures
Meta CEO Mark Zuckerberg Arrives in South KoreaMeta CEO Mark Zuckerberg Arrives in South Korea
Argentina’s Milei Plans to Meet With Zuckerberg at End of May
Meta CEO Mark Zuckerberg Arrives in South KoreaMeta CEO Mark Zuckerberg Arrives in South Korea

Bloomberg Businessweek

Walgreens and CVS Are Trying to Fix America’s Flailing PharmaciesWalgreens and CVS Are Trying to Fix America’s Flailing Pharmacies
Desiree Rios/Bloomberg
Walgreens and CVS Are Trying to Fix America’s Flailing Pharmacies
Experimenting with new layouts, the chains are emphasizing health and wellness to boost sagging performance.
By Fiona Rutherford
The DNA Test DelusionThe DNA Test Delusion

More from this issue:

The DNA Test DelusionCorporate America Never Really Quit Forced LaborThe 'Harvard of Trading' Ruined Thousands of Lives
The Food Court Is BackThe Food Court Is Back
The Food Court Is Back
Attention, mall shoppers: Restaurants are taking up more retail space. It’s good news for fixtures like Cinnabon and bubble tea shops.
Neuralink’s First Patient: ‘It Blows My Mind So Much’
For the first time, Noland Arbaugh explains how Elon Musk’s brain implant, which allows him to control a computer with his thoughts, has changed his life.
Milei Targets Labor Law That’s Set to Hand Banker $10 Million Severance
The president is taking aim at rules that encourage workers to drag their employers into court.

Markets

ETFsCryptoDeals
Traditional Chocolate Making in FranceTraditional Chocolate Making in France
Cyril Marcilhacy/Bloomberg
Odd Lots Newsletter: How Commodity Supercycles Come to an End
Two masters of the market speak.
A Heavy Monsoon Season Is Great News for These Indian Stocks
Failed Crypto Firm Genesis Approved to Repay Creditors Billions
Odd Lots: How to Succeed at Multi-Strategy Hedge Funds (Podcasts)Odd Lots: How to Succeed at Multi-Strategy Hedge Funds (Podcasts)
Listen (48:43)
Odd Lots: How to Succeed at Multi-Strategy Hedge Funds
Dish Creditors File Lawsuit to Keep Private Credit at BayDish Creditors File Lawsuit to Keep Private Credit at Bay
Newsletter: The Brink
Dish Creditors File Lawsuit to Keep Private Credit at Bay

Bloomberg Originals

7:28
How Starlink Launched the Consumer Space RaceHow Starlink Launched the Consumer Space Race
How Starlink Launched the Consumer Space Race
7:28
How Starlink Launched the Consumer Space RaceHow Starlink Launched the Consumer Space Race
23:07
The Rise of India’s Narendra ModiThe Rise of India’s Narendra Modi
The Rise of India’s Narendra Modi
23:07
The Rise of India’s Narendra ModiThe Rise of India’s Narendra Modi
8:40
The Trading Guru and His Loss Making DisciplesThe Trading Guru and His Loss Making Disciples
The Trading Guru and His Loss Making Disciples
8:40
The Trading Guru and His Loss Making DisciplesThe Trading Guru and His Loss Making Disciples
7:00
How Singapore Got Rich, and Can It LastHow Singapore Got Rich, and Can It Last
How Singapore Got Rich, and Can It Last
7:00
How Singapore Got Rich, and Can It LastHow Singapore Got Rich, and Can It Last

Space

Venture Capital Cash Fuels Space Startup DreamsVenture Capital Cash Fuels Space Startup Dreams
Venture Capital Cash Fuels Space Startup Dreams
Venture Capital Cash Fuels Space Startup DreamsVenture Capital Cash Fuels Space Startup Dreams
Jeff Bezos' Blue Origin New Shepard Space Vehicle Flies The Billionaire And Other Passengers To SpaceJeff Bezos' Blue Origin New Shepard Space Vehicle Flies The Billionaire And Other Passengers To Space
Blue Origin Sets Date to Fly Space Tourists After Two-Year Halt
Jeff Bezos' Blue Origin New Shepard Space Vehicle Flies The Billionaire And Other Passengers To SpaceJeff Bezos' Blue Origin New Shepard Space Vehicle Flies The Billionaire And Other Passengers To Space
Launch Of Boeing Starliner Test Flight Postponed Due To Valve IssueLaunch Of Boeing Starliner Test Flight Postponed Due To Valve Issue
Boeing Starliner Astronaut Launch Delayed to May 21
Launch Of Boeing Starliner Test Flight Postponed Due To Valve IssueLaunch Of Boeing Starliner Test Flight Postponed Due To Valve Issue
The Return to the Moon Looks So Much Different Than Last TimeThe Return to the Moon Looks So Much Different Than Last Time
The Return to the Moon Looks So Much Different Than Last Time
The Return to the Moon Looks So Much Different Than Last TimeThe Return to the Moon Looks So Much Different Than Last Time

Technology

AICybersecurityScreentime
Apple Can Keep App Store Rules for Now as Court Rejects Epic Apple Can Keep App Store Rules for Now as Court Rejects Epic
Apple’s 27% App Store Fee Trying to Comply With Law, Exec Says
Expedia CTO, Senior Engineering Leader Exit on Policy Violation
Telefonica, H.I.G. Among Suitors for Spain’s Avatel
Can Anduril Reboot the US Defense Industry?Can Anduril Reboot the US Defense Industry?
Watch (29:12)
Can Anduril Reboot the US Defense Industry?
AI Fake Reporters Make It Harder for Readers to Tell Truth From FictionAI Fake Reporters Make It Harder for Readers to Tell Truth From Fiction
Newsletter: Tech Daily
AI Fake Reporters Make It Harder for Readers to Tell Truth From Fiction

Wealth

Signa Prime Selection AG's Closed Galeria Karstadt Kaufhof Shopping CenterSigna Prime Selection AG's Closed Galeria Karstadt Kaufhof Shopping Center
Mubadala Unit Took $315 Million Credit Hit on Loans to Signa
Signa Prime Selection AG's Closed Galeria Karstadt Kaufhof Shopping CenterSigna Prime Selection AG's Closed Galeria Karstadt Kaufhof Shopping Center
2:15
GameStop Shares Extend Meme Rally As Retail Traders Pile InGameStop Shares Extend Meme Rally As Retail Traders Pile In
Meme-Stock Mania Crashes Into Reality of Depleted Covid Savings
2:15
GameStop Shares Extend Meme Rally As Retail Traders Pile InGameStop Shares Extend Meme Rally As Retail Traders Pile In
G-7 Finance Ministers and Central Bank Governors Meeting G-7 Finance Ministers and Central Bank Governors Meeting
Melinda French Gates’ $12.5 Billion Creates Path to Unrestricted Giving
G-7 Finance Ministers and Central Bank Governors Meeting G-7 Finance Ministers and Central Bank Governors Meeting
Inside The London Stock Exchange As European Stocks Rise After SVB-Led RoutInside The London Stock Exchange As European Stocks Rise After SVB-Led Rout
The Only Investing Benchmark That Matters
Inside The London Stock Exchange As European Stocks Rise After SVB-Led RoutInside The London Stock Exchange As European Stocks Rise After SVB-Led Rout

Politics

US ElectionUKEuropeMiddle EastAsia
Aboard a Philippine Patrol Ship in Waters Claimed by ChinaAboard a Philippine Patrol Ship in Waters Claimed by China
Lisa Marie David/Bloomberg
Philippines to Buy Five Patrol Boats From Japan Amid Sea Tension
Croatia Seals Tilt to Right as Prime Minister’s Cabinet Approved
US Says Drone Strikes on Russia Hurt Fuel Supplies But Not Power
Biden on Mission to Reverse Slipping Support From Black VotersBiden on Mission to Reverse Slipping Support From Black Voters
Newsletter: Washington Edition
Biden on Mission to Reverse Slipping Support From Black Voters
Big Take DC: The State of the Trump Campaign (Podcast)Big Take DC: The State of the Trump Campaign (Podcast)
Listen (17:47)
Big Take DC: The State of the Trump Campaign

Explainers

TOPSHOT-FRANCE-OVERSEAS-NCALEDONIA-POLITICS-UNRESTTOPSHOT-FRANCE-OVERSEAS-NCALEDONIA-POLITICS-UNREST
New Caledonia Is in a State of Emergency. What Went Wrong?
TOPSHOT-FRANCE-OVERSEAS-NCALEDONIA-POLITICS-UNRESTTOPSHOT-FRANCE-OVERSEAS-NCALEDONIA-POLITICS-UNREST
1:54
Dutch General ElectionDutch General Election
Who Is Geert Wilders, the Far-Right Kingmaker of the Next Dutch Government?
1:54
Dutch General ElectionDutch General Election
A GameStop store in New YorkA GameStop store in New York
What We Learned From the Meme Stock Sequel
A GameStop store in New YorkA GameStop store in New York
CHINA-RUSSIA-DIPLOMACYCHINA-RUSSIA-DIPLOMACY
Why Are Xi and Putin ‘Best Friends’?
CHINA-RUSSIA-DIPLOMACYCHINA-RUSSIA-DIPLOMACY

Industries

Real EstateEnergyHealth
H.I.G.-Backed Paper Maker In Talks With Lenders for Fresh CashH.I.G.-Backed Paper Maker In Talks With Lenders for Fresh Cash
H.I.G.-Backed Paper Maker In Talks With Lenders for Fresh Cash
BNY Mellon CEO Robin Vince Touts AI in Future Growth Push
Corinthia Files Motion to Dismiss Barings Lawsuit Over Poaching Staff
The Deal Episode 11: Stephen A. SmithThe Deal Episode 11: Stephen A. Smith
Listen (50:45)
The Deal Episode 11: Stephen A. Smith
Venture Capital Cash Fuels Space Startup DreamsVenture Capital Cash Fuels Space Startup Dreams
Newsletter: Business of Space
Venture Capital Cash Fuels Space Startup Dreams

Green

New EnergyGreener LivingESG Investing
BHP's Birthplace Goes Solar To Power Post-Mining FutureBHP's Birthplace Goes Solar To Power Post-Mining Future
US Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals Slip
Climate Change to Intensify India Heat Wave, Scientists Say
Brookfield Plans to Invest $500 Million in Leap Green
Zero: Why the UK’s Conservatives Gave Up on Climate (Podcast)Zero: Why the UK’s Conservatives Gave Up on Climate (Podcast)
Listen (35:39)
Zero: Why the UK’s Conservatives Gave Up on Climate
An Optimist's Guide to the Planet TrailerAn Optimist's Guide to the Planet Trailer
Watch (1:45)
An Optimist's Guide to the Planet Trailer

Pursuits

The Top of the Art Market Appears to Be CrumblingThe Top of the Art Market Appears to Be Crumbling
The Top of the Art Market Appears to Be Crumbling
The Top of the Art Market Appears to Be CrumblingThe Top of the Art Market Appears to Be Crumbling
Cassette Tapes Are Getting a Boost From an Unexpected SourceCassette Tapes Are Getting a Boost From an Unexpected Source
Cassette Tapes Are Getting a Boost From an Unexpected Source
Cassette Tapes Are Getting a Boost From an Unexpected SourceCassette Tapes Are Getting a Boost From an Unexpected Source
In New York’s Hudson Valley, a New Napa Is Growing—But for BeerIn New York’s Hudson Valley, a New Napa Is Growing—But for Beer
In New York’s Hudson Valley, a New Napa Is Growing—But for Beer
In New York’s Hudson Valley, a New Napa Is Growing—But for BeerIn New York’s Hudson Valley, a New Napa Is Growing—But for Beer
A Half Hour From New York City, a 13-Acre Estate Lists for $28.5 MillionA Half Hour From New York City, a 13-Acre Estate Lists for $28.5 Million
A Half Hour From New York City, a 13-Acre Estate Lists for $28.5 Million
A Half Hour From New York City, a 13-Acre Estate Lists for $28.5 MillionA Half Hour From New York City, a 13-Acre Estate Lists for $28.5 Million

Economics

Inflation & PricesIndicatorsCentral Banks
Federal Reserve Close To Making Its New Inflation Strategy Official Federal Reserve Close To Making Its New Inflation Strategy Official
Erin Scott/Bloomberg
Fed Turns Down Bank Lobby’s Bid to Alter How Regulators Evaluate, Rate Lenders
Americans Typically Spend a Quarter of Their Income on Mortgages. Do You Pay More?
Millions of Colombians Face Two New Fees on Their Pension Fund Savings
Latest Flurry of Economic Data in China Raises Alarm BellsLatest Flurry of Economic Data in China Raises Alarm Bells
Newsletter: Economics Daily
Latest Flurry of Economic Data in China Raises Alarm Bells
Single Best Idea: Lindsey Piegza & Tony Crescenzi (Podcast)Single Best Idea: Lindsey Piegza & Tony Crescenzi (Podcast)
Listen (6:40)
Single Best Idea: Lindsey Piegza & Tony Crescenzi

CityLab

US-HEALTH-VIRUS-ECONOMY-POVERTYUS-HEALTH-VIRUS-ECONOMY-POVERTY
States Push Back Against Guaranteed Income With New Bans
US-HEALTH-VIRUS-ECONOMY-POVERTYUS-HEALTH-VIRUS-ECONOMY-POVERTY
KeswickKeswick
Six Lessons From Cycling Across Great Britain
KeswickKeswick
Billionaire-Backed Developer Asks Voters to Approve New California CityBillionaire-Backed Developer Asks Voters to Approve New California City
California’s Billionaire-Backed City Gets Promise of First Jobs
Billionaire-Backed Developer Asks Voters to Approve New California CityBillionaire-Backed Developer Asks Voters to Approve New California City
St. Louis Fills a Downtown Void With SoccerSt. Louis Fills a Downtown Void With Soccer
St. Louis Fills a Downtown Void With Soccer
St. Louis Fills a Downtown Void With SoccerSt. Louis Fills a Downtown Void With Soccer

Work + Life

Work ShiftEqualityBusiness of Sports
Banking Institutions As U.S. Stocks Fall Amid Global Selloff On China, Greece ConcernsBanking Institutions As U.S. Stocks Fall Amid Global Selloff On China, Greece Concerns
Citi Hit With Racial Bias Suit From a Conservative Law Firm
FIFA Amends Rules to Allow Headquarters to Move From Zurich
A Hamptons-Maldives Mashup Is Coming to the Caribbean
Michael Andretti Plans to Finally Conquer F1Michael Andretti Plans to Finally Conquer F1
Watch (24:01)
Michael Andretti Plans to Finally Conquer F1
Democrats and Republicans Are Courting Women With Two Very Different BillsDemocrats and Republicans Are Courting Women With Two Very Different Bills
Newsletter: Equality
Democrats and Republicans Are Courting Women With Two Very Different Bills

Markets Magazine

Markets Magazine_West Palm Beach_08Markets Magazine_West Palm Beach_08
Ysa Pérez for Bloomberg Markets
The Big Take
Billionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform It
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
By Natalie Wong
Bloomberg MarketsBloomberg Markets

More from this issue:

How to Get a Meeting With the UAE’s $1.5 Trillion ManA $150 Billion Fortune Bolsters Qatari Royals at Critical MomentSaudi Arabia Is Making a High-Risk $1 Trillion Bet on Tourism
Markets Magazine_StockMarkets Magazine_Stock
The Sheikh Who Dominates One of the World’s Hottest Stock Markets
The UAE’s exchanges approach $1 trillion in value as Abu Dhabi’s index almost triples since April 2020.
China's Housing Crash Could Set Back Millions of Promising Careers
Professionals who thought they’d won a secure place in the rising middle class are now looking for work and scraping by.
UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree
Crown jewels including resorts and a gas station chain are up for grabs. Saudi Arabia mulls purchases.
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