Bloomberg - Business News, Stock Markets, Finance, Breaking & World News

Shoppers As US Retail Sales Show Consumer Standing Firm In Face of Inflation — David Paul Morris/Bloomberg

Shoppers As US Retail Sales Show Consumer Standing Firm In Face of Inflation — David Paul Morris/Bloomberg

Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data

about 1 hour ago

Powell Is Poised to Keep Fed on Higher-for-Longer Path

Carry Trade Gets Turned on Its Head, Stoking Rush to the Dollar

AI Boom’s Secret Winners? The Companies Expected to Power It

Fed Repricing Gives Rise to New Equities Playbook in Asia

Elliott Said to Have Built ‘Large’ Stake in Buffett-Favored Sumitomo

Elliott Said to Have Built ‘Large’ Stake in Buffett-Favored Sumitomo

Elliott Said to Have Built ‘Large’ Stake in Buffett-Favored Sumitomo

Elliott has built a stake worth “several tens of billions of yen” in Sumitomo Corp., according to a person familiar with the matter.

Activist Elliott Builds $1 Billion Anglo American Stake

Elon Musk's private jet arrives in Beijing on April 28. — Danny Lee/Bloomberg

Elon Musk's private jet arrives in Beijing on April 28. — Danny Lee/Bloomberg

Musk Makes Surprise China Visit, a Week After Nixing India

The Tesla chief is expected to meet officials to discuss the rollout of its Full Self-Driving software, according to people familiar with the matter.

Related

Tesla Autopilot Probed After 20 Crashes in Months Since Recall

Can Tesla Escape Its Troubles?

Latest

BHP Group CEO Mike Henry

BHP Group CEO Mike Henry

BHP’s $39 Billion Copper Play Was Years in the Making

Mike Henry has long been positioning the world's biggest miner for a mega deal. Now, it's finally time.

Related

Why BHP Is Targeting Anglo in Mining Mega Deal

BHP to Consider Improved Anglo Proposal After Bid Was Rejected

Bloomberg News Now

Listen to the latest news: Hamas Reax to Israel, Rate-Cut Hopes Wither, More

5:08

updated 56 min ago

Bloomberg Opinion

Student Encampment For Gaza Springs Up At George Washington University

Student Encampment For Gaza Springs Up At George Washington University

Bloomberg Opinion

Will Columbia Protesters Achieve Their Goals?

The demonstrations at multiple universities have launched a conversation about free speech and campus safety. Less discussed: The plight of Gazans.

By Stephen L. Carter, Columnist

Europe and the UK Need to Be on a Full War Footing

By Martin Ivens, Columnist

Author Headshots

Author Headshots

Jack Smith Faces a Tough Call in Trump’s Jan. 6 Case

By Noah Feldman, Columnist

Taylor Swift Exposes the Dark Side of Music Criticism

By Brooke Sample, Columnist

Brooke Sampler

Brooke Sampler

Biden Counters RFK Jr. With Kennedy Family Endorsements — Hannah Beier/Bloomberg

Biden Counters RFK Jr. With Kennedy Family Endorsements — Hannah Beier/Bloomberg

RFK Jr. Is Scaring Biden’s Allies. He Should Scare Trump’s, Too.

Related

Biden Warns of Trump’s Threat to Democracy at Washington Dinner

Divest-or-Ban Law Rattles TikTok Influencers Pushing Pro-Biden Content

Trump ‘Hush-Money’ Trial: Key Takeaways From Week One

PALESTINIAN-ISRAEL-CONFLICT — -/AFP/Getty Images

PALESTINIAN-ISRAEL-CONFLICT — -/AFP/Getty Images

US Pushes for ‘Last Chance’ of Gaza Truce as Blinken Visits

Related

Hamas Releases Video of Two Hostages as It Weighs Ceasefire

Anti-War Protesters Dig In as Some US Schools Close Encampments

Saudi Finance Minister Warns Geopolitics Is Top Economy Risk

Texas Swelters Through Another Extended Heat Wave

Texas Swelters Through Another Extended Heat Wave

Texas Power Prices Signal Grid Stress in Another Long, Hot Summer

Related

Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading

Tornadoes Collapse Buildings and Level Homes in Nebraska and Iowa

Wildfires Pose Hidden Threat to Mortgage Lenders and Investors

Bloomberg News Now

Listen to the latest news: Hamas Reax to Israel, Rate-Cut Hopes Wither, More

5:08

updated 56 min ago

Latest

Gaza Campus Protests In DC

Gaza Campus Protests In DC

Campus Anti-war Protesters Dig In From New York to California

Gaza Campus Protests In DC

Gaza Campus Protests In DC

Next US LNG Export Plant Aims to Begin Production in Mid-2024

Next US LNG Export Plant Aims to Begin Production in Mid-2024

Next US LNG Export Plant Aims to Begin Production in Mid-2024

Next US LNG Export Plant Aims to Begin Production in Mid-2024

Next US LNG Export Plant Aims to Begin Production in Mid-2024

PhosAgro PJSC as Russia Imposes Fertilizer Export Quotas to Control Inflation

PhosAgro PJSC as Russia Imposes Fertilizer Export Quotas to Control Inflation

Billionaire Andrey Guryev Clashes With Old Friend in UK Court Over PhosAgro Stake

PhosAgro PJSC as Russia Imposes Fertilizer Export Quotas to Control Inflation

PhosAgro PJSC as Russia Imposes Fertilizer Export Quotas to Control Inflation

Bloomberg Businessweek

How North Korea’s Man in the West Ran Afoul of US Authorities

How North Korea’s Man in the West Ran Afoul of US Authorities

How North Korea’s Man in the West Ran Afoul of US Authorities

Alejandro Cao de Benós has been accused of violating sanctions in connection with a 2019 cryptocurrency conference. “I am not afraid,” he says.

Sextortion Scams Are Driving Teen Boys to Suicide

Sextortion Scams Are Driving Teen Boys to Suicide

More from this issue:

Sextortion Scams Are Driving Teen Boys to Suicide What Really Happens When You Trade In an iPhone at the Apple Store How Matzo Is Made

US White-Collar Job Growth Stalls, Even in Pandemic Boomtowns

US White-Collar Job Growth Stalls, Even in Pandemic Boomtowns

US White-Collar Job Growth Stalls, Even in Pandemic Boomtowns

Hiring in professional services, finance and technology is running at one-third the rate of the overall labor market.

Caught Between the US and China, a Powerful AI Upstart Chooses Sides

Abu Dhabi-based G42 found it could no longer play for both teams.

Studio Behind Dune Eyes Growth, Even Without a Paramount Merger

Legendary Entertainment wants to use investor Apollo Global Management’s deep pockets to produce sequels and spinoffs of its recent hits—whether or not it combines with Redstone’s studio.

Markets

ETFs Crypto Deals

CICC Said to Be in Merger Talks With China Investment Securities

CICC Said to Be in Merger Talks With China Investment Securities

CICC to Cut Investment Bankers’ Base Pay by 25%, Reuters Reports

Chinese City of Chengdu Relaxes Home-Buying Rule to Revive Sales

Yen Watchers Ask Where Is Japan as Currency Losses Accelerate

Odd Lots: The Ultra Wealthy Have Their Own World of Real Estate (Podcast)

Odd Lots: The Ultra Wealthy Have Their Own World of Real Estate (Podcast)

Odd Lots: The Ultra Wealthy's World of Real Estate

After Years in the Cold, Venezuela Is Ready to Talk About Its Debt Pile

After Years in the Cold, Venezuela Is Ready to Talk About Its Debt Pile

Newsletter: The Brink

After Years in the Cold, Venezuela Is Ready to Talk About Its Debt Pile

Bloomberg Originals

Why the South China Sea Could Spark a War

Why the South China Sea Could Spark a War

Why the South China Sea Could Spark a War

Why the South China Sea Could Spark a War

Why the South China Sea Could Spark a War

How Drones Are Revolutionizing the Economics of War

How Drones Are Revolutionizing the Economics of War

How Drones Are Revolutionizing the Economics of War

How Drones Are Revolutionizing the Economics of War

How Drones Are Revolutionizing the Economics of War

When Jamie Dimon Speaks, the World Listens

When Jamie Dimon Speaks, the World Listens

When Jamie Dimon Speaks, the World Listens

When Jamie Dimon Speaks, the World Listens

When Jamie Dimon Speaks, the World Listens

The Deal Episode 9: Mark Shapiro

The Deal Episode 9: Mark Shapiro

The Deal Episode 9: Mark Shapiro

The Deal Episode 9: Mark Shapiro

The Deal Episode 9: Mark Shapiro

Technology

AI Cybersecurity Screentime

Medieval Game by Tiny Video Studio Gives Hope to Polish Industry

Medieval Game by Tiny Video Studio Gives Hope to Polish Industry

Medieval Game by Tiny Video Studio Gives Hope to Polish Industry

Apple Rivals Retool to Challenge the iPhone and Vision Pro

Musk Heads to Beijing to Discuss Full Self-Driving, Reuters Says

Why Netflix Is Betting Big on Latin America

Why Netflix Is Betting Big on Latin America

Why Netflix Is Betting Big on Latin America

Zuckerberg’s Fake Beard Shows Power of AI to Shape Perceptions

Zuckerberg’s Fake Beard Shows Power of AI to Shape Perceptions

Newsletter: Tech Daily

Zuckerberg’s Fake Beard Shows Power of AI to Shape Perceptions

Wealth

Uruguay - Skylines - Montevideo

Uruguay - Skylines - Montevideo

Uruguay Unions Say They Have Signatures For Pension Initiative

Uruguay - Skylines - Montevideo

Uruguay - Skylines - Montevideo

Pro-Palestinian Protests Continue At Columbia University

Pro-Palestinian Protests Continue At Columbia University

Harvard, Yale Students Shout ‘Divest!’ at Unyielding Universities

Pro-Palestinian Protests Continue At Columbia University

Pro-Palestinian Protests Continue At Columbia University

Inside The London Stock Exchange As FTSE 100 Hits Record

Inside The London Stock Exchange As FTSE 100 Hits Record

The Friday Roundup: Election Surprises and Record Highs

Inside The London Stock Exchange As FTSE 100 Hits Record

Inside The London Stock Exchange As FTSE 100 Hits Record

Tesla Inc. CEO Elon Musk And UK Prime Minister Rishi Sunak Discuss AI Risks

Tesla Inc. CEO Elon Musk And UK Prime Minister Rishi Sunak Discuss AI Risks

Musk Is Once Again Richer Than Zuckerberg as Fortunes Reverse

Tesla Inc. CEO Elon Musk And UK Prime Minister Rishi Sunak Discuss AI Risks

Tesla Inc. CEO Elon Musk And UK Prime Minister Rishi Sunak Discuss AI Risks

Politics

US Election UK Europe Middle East Asia

FRANCE-DEFENCE-NAVY-SUBMARINE-NUCLEAR — Nicolas Tucat/AFP/Getty Images

FRANCE-DEFENCE-NAVY-SUBMARINE-NUCLEAR — Nicolas Tucat/AFP/Getty Images

Macron Ready to Open Europe Nuclear Defense Debate: Vosges Matin

German Minister Vows to Dismantle Group Accused of Coup Plot

German AfD Party Loses Ground After China Spying Bombshell

Biden and Trump Electoral Vulnerabilities Are Showing

Biden and Trump Electoral Vulnerabilities Are Showing

Newsletter: Washington Edition

Biden and Trump Electoral Vulnerabilities Are Showing

Big Take DC: How FOIA Unlocks Government Secrets (Podcast)

Big Take DC: How FOIA Unlocks Government Secrets (Podcast)

Big Take DC: How FOIA Unlocks Government Secrets

Explainers

Operations At Lake Breeze Dairy Farm As Farmers Say Trump's Deportations Could Dry Up Milk Supply

Operations At Lake Breeze Dairy Farm As Farmers Say Trump's Deportations Could Dry Up Milk Supply

Is Dairy Safe Now That Traces of Bird Flu Are in Milk?

Operations At Lake Breeze Dairy Farm As Farmers Say Trump's Deportations Could Dry Up Milk Supply

Operations At Lake Breeze Dairy Farm As Farmers Say Trump's Deportations Could Dry Up Milk Supply

SPAIN-POLITICS-ELECTIONS-VOTE

SPAIN-POLITICS-ELECTIONS-VOTE

What to Know About the Corruption Cases Shaking Spanish Politics

SPAIN-POLITICS-ELECTIONS-VOTE

SPAIN-POLITICS-ELECTIONS-VOTE

ZiG banknotes.

ZiG banknotes.

Meet ZiG, Zimbabwe’s Latest Shot at a Stable Currency

ZiG banknotes.

ZiG banknotes.

PANAMA-MINING-COPPER

PANAMA-MINING-COPPER

Why the World Needs More Copper — a Lot More Copper

PANAMA-MINING-COPPER

PANAMA-MINING-COPPER

Industries

Real Estate Energy Health

Cheap State-Backed Loans Seen Fueling Polish Housing Rebound — Damian Lemański/Bloomberg

Cheap State-Backed Loans Seen Fueling Polish Housing Rebound — Damian Lemański/Bloomberg

Poland Aims to Cut Utilities’ Power Tariffs by a Fifth From July

Dubai to Proceed With $35B Expansion Plan at Al Maktoum Airport

Mercedes Says DOJ Ended Diesel Probe Without Filing Charges

The Deal Episode 9: Mark Shapiro

The Deal Episode 9: Mark Shapiro

The Deal Episode 9: Mark Shapiro

Tiny Islands Look to Space to Save Them From Global Warming

Tiny Islands Look to Space to Save Them From Global Warming

Newsletter: Business of Space

Tiny Islands Look to Space to Save Them From Global Warming

Green

New Energy Greener Living ESG Investing

PHILIPPINES-CLIMATE-WEATHER-HEAT — Ted Aljibe/AFP/Getty Images

PHILIPPINES-CLIMATE-WEATHER-HEAT — Ted Aljibe/AFP/Getty Images

Southeast Asia Heat Wave Shuts Schools, Stokes Power Demand

Tornado in China’s Southern Metropolis Guangzhou Kills Five

US Great Plains Brace for Possible Tornados: Weather Watch

Zero: How Wind Company Vestas Achieved Profitability (Podcast)

Zero: How Wind Company Vestas Achieved Profitability (Podcast)

Zero: How Wind Company Vestas Achieved Profitability

An Optimist's Guide to the Planet Trailer

An Optimist's Guide to the Planet Trailer

An Optimist's Guide to the Planet Trailer

Pursuits

The Top Nine New Places to Eat, Drink and Party in the Hamptons This Summer

The Top Nine New Places to Eat, Drink and Party in the Hamptons This Summer

The Top Nine New Places to Eat, Drink and Party in the Hamptons This Summer

The Top Nine New Places to Eat, Drink and Party in the Hamptons This Summer

The Top Nine New Places to Eat, Drink and Party in the Hamptons This Summer

Michelin Guide Awards Its First Hotel Keys in the US

Michelin Guide Awards Its First Hotel Keys in the US

Michelin Guide Awards Its First Hotel Keys in the US

Michelin Guide Awards Its First Hotel Keys in the US

Michelin Guide Awards Its First Hotel Keys in the US

Lamborghini Tiptoes Toward Electric With New Urus Hybrid SUV

Lamborghini Tiptoes Toward Electric With New Urus Hybrid SUV

Lamborghini Tiptoes Toward Electric With New Urus Hybrid SUV

Lamborghini Tiptoes Toward Electric With New Urus Hybrid SUV

Lamborghini Tiptoes Toward Electric With New Urus Hybrid SUV

EGYPT-GIZA-PYRAMIDS-CHINESE TOURISTS

EGYPT-GIZA-PYRAMIDS-CHINESE TOURISTS

Chinese Tourists Are Again Embracing International Travel

EGYPT-GIZA-PYRAMIDS-CHINESE TOURISTS

EGYPT-GIZA-PYRAMIDS-CHINESE TOURISTS

Economics

Inflation & Prices Indicators Central Banks

US-CHESS-RUSSIA — AFP

US-CHESS-RUSSIA — AFP

Why the India-China Rivalry Looks Like a Game of Chess

Charting the Global Economy: BOJ Holds; US Inflation Won’t Let Up

Germany’s Economy Shows Signs of Life But Industry Is Struggling

Why the India-China Rivalry Looks Like a Game of Chess

Why the India-China Rivalry Looks Like a Game of Chess

Newsletter: Economics Daily

Why the India-China Rivalry Looks Like a Game of Chess

Bloomberg Surveillance: PCE and Tech (Podcast)

Bloomberg Surveillance: PCE and Tech (Podcast)

Bloomberg Surveillance: PCE and Tech

CityLab

Swing Sets Aren’t Just for Kids Anymore

Swing Sets Aren’t Just for Kids Anymore

Swing Sets Aren’t Just for Kids Anymore

Swing Sets Aren’t Just for Kids Anymore

Swing Sets Aren’t Just for Kids Anymore

New Jersey Sues Over Congestion Pricing Plan In New York City

New Jersey Sues Over Congestion Pricing Plan In New York City

NYC Drivers to Start Paying Congestion Tolls on June 30

New Jersey Sues Over Congestion Pricing Plan In New York City

New Jersey Sues Over Congestion Pricing Plan In New York City

Daily Life in Saudi Arabia's Capital And Financial District

Daily Life in Saudi Arabia's Capital And Financial District

Saudi Capital to Cut Population Goal as City Reviews Strategy

Daily Life in Saudi Arabia's Capital And Financial District

Daily Life in Saudi Arabia's Capital And Financial District

A wave of closures in London in recent years add weight to the charge of a city-after-dark in decline.

A wave of closures in London in recent years add weight to the charge of a city-after-dark in decline.

The Long, Slow Death of Urban Nightlife

A wave of closures in London in recent years add weight to the charge of a city-after-dark in decline.

A wave of closures in London in recent years add weight to the charge of a city-after-dark in decline.

Work + Life

Work Shift Equality Business of Sports

Australia PM Anthony Albanese Speaks at the National Press Club — Rohan Thomson/Bloomberg

Australia PM Anthony Albanese Speaks at the National Press Club — Rohan Thomson/Bloomberg

Albanese to Join Protests Against Domestic Violence ‘Epidemic’

Travis Scott Has an Electric SUV Just for You

Goldman to Bankers: No Sneaky Trips to Paris During Olympics

Michael Andretti Plans to Finally Conquer F1

Michael Andretti Plans to Finally Conquer F1

Michael Andretti Plans to Finally Conquer F1

Overturning Weinstein’s Rape Conviction Fires Up #MeToo Again

Overturning Weinstein’s Rape Conviction Fires Up #MeToo Again

Newsletter: Equality

Overturning Weinstein’s Rape Conviction Fires Up #MeToo Again

Markets Magazine

Markets Magazine_Egypt — Hemis / Alamy

Markets Magazine_Egypt — Hemis / Alamy

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.

By Mirette Magdy and Michael Gunn

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates

More from this issue:

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates A Pessimist’s Guide to Global Economic Risks in 2024 Bharara Once Jailed Wall Street Pros. Now He Helps Them Avoid Prison

Errors Tour 1A

Errors Tour 1A

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates

A look at the ways forecasters, traders and executives missed the mark over the past two years. And at the lessons learned.

Surveying the World’s Path From Fossil Fuels to Clean Energy

Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste.

What to See and Do in Doha, the New Art Boomtown in the Gulf

Qatar’s capital is aiming to become a culture hub—and boost its global image—with a host of museums, big-name exhibitions and rich collections of contemporary and Islamic works.