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BackForward

US Services Growth Cools as Price Gauge Drops to Four-Year Low
The services price data may temper concerns that the Fed's progress on inflation
is at risk of stalling.
Exclusive
Fed Blocks Tough Global Climate-Risk Rules for Wall Street Banks
Fed’s Bostic Expects One Rate Cut This Year — in Fourth Quarter
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Barclays leaves a cap on its bankers’ bonuses. Spotify is changing how it
charges customers with new plans and prices. And 10 companies to watch this
quarter. 👀

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TAIWAN EARTHQUAKE

Worst Quake in 25 YearsBuilding Tech Blunts DamageChips at Risk
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Taiwan Earthquake Is Strongest in 25 Years
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1:31



Watch: Taiwan Earthquake Is Strongest in 25 Years

Worst Taiwan Quake in 25 Years Leaves Nine Dead, Hundreds Injured
Dozens of buildings on the eastern side of the island were leveled after the
magnitude 7.4 earthquake.
Taiwan Quake Puts World’s Most Advanced Chips at Risk
Taiwan’s Tech, Building Upgrades Help Blunt Damage From Quake




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26 min

Trump Courts Palm Beach Billionaires as Power of His Rallies Fades
Exclusive
Spotify Is Changing How It Charges Customers, With New Plans and Prices
The company plans to raise the price of its popular audio service in several key
markets for the second time in a year.
SPOT
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+5.37%
Earlier
Universal Music, Spotify Expand Ties to Boost Fan Engagement
Bloomberg News Now

Listen to the latest news: Deadly Taiwan Quake, Powerful Nor'Easter, More

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4:52

updated 49 min ago


BLOOMBERG OPINION


Megan Varner/Getty Images
Bloomberg Opinion
Georgia Jobs Declined Under Trump. They're Booming Now.
The truism among historians that presidents can't take credit for the economy is
belied by evidence that this administration’s policies are an unrivaled
employment juggernaut.
By Matthew A. Winkler, Columnist
China Should Not Repeat History With Taiwan’s Quake
By Karishma Vaswani, Columnist

Florida Can Send an Abortion Message: The GOP Is Out of Touch
By Mary Ellen Klas, Columnist

The Surge in Part-Time Workers Is Getting a Bad Rap
By Claudia Sahm, Columnist



Trump SPAC Investor Pleads Guilty in Insider-Trading Case
Gerald Shvartsman changed his plea at a hearing Wednesday in Manhattan.
about 5 hours ago
Trump’s Lenders of Last Resort: Don Hankey and Axos Bank
The Big Take
10,000 Migrant Crossings a Day Upend the US Presidential Election
It's bolstered Trump, put Biden on the defensive and exposed an outdated system
no one likes.

Watch (11:06)
How Texas Unleashed an Immigration Firestorm
Disney Proxy Vote to Reveal Whether Investors Back Iger or Peltz
Disney’s management is pulling ahead with more than 60% of the votes counted.
DIS
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Musk Keeps Disney Grudge Going by Throwing Support Behind Peltz
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🌙️ GOOD EVENING.

Barclays leaves a cap on its bankers’ bonuses. Spotify is changing how it
charges customers with new plans and prices. And 10 companies to watch this
quarter. 👀

Markets Wrap
Stocks Rebound After Data With Eyes on Powell


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Bloomberg News Now

Listen to the latest news: Deadly Taiwan Quake, Powerful Nor'Easter, More

Arrow Right
4:52

updated 49 min ago



LATEST

All categories

Chevron Down

13 min

Peru President Hit by Rolex Scandal Seeks Support From Reviled Congress

14 min

Kenya Leaves Key Interest Rate Steady at 13%

17 min

US May Revoke Houthi Terrorist Label If They Stop Red Sea Ship Attacks

24 min

WSP Global Caught in Short Seller’s Crosshairs, Shares Tumble

24 min

Plunging Pickup Truck Sales Threaten Detroit’s Profit Engine

26 min

Trump Courts Palm Beach Billionaires as Power of His Rallies Fades
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MOST ACTIVE US STOCKS

INTC
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Intel Suffers Worst Decline in Two Months on Downbeat Outlook
F
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Ford’s US Sales Rise on Big Jump in Deliveries of Hybrid Models
C
62.10
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–1.18%
Citigroup Claims New York Attorney General’s Online Fraud Suit Is ‘Misguided’
AAPL
170.56
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+1.02%
Jon Stewart Says Apple Told Him Not to Interview FTC’s Lina Khan
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Brooklyn Waterfront Condos Open as Williamsburg’s Building Boom Nears End

Zepbound Is Officially in Shortage, FDA Says

Billionaire Steve Cohen Sees Four-Day Work Week Coming






BLOOMBERG BUSINESSWEEK


Source: Greenpeace
Canada’s RBC Struggles to Go Green While Financing Oil
Royal Bank of Canada’s travails show the fine line banks must walk in shifting
toward a lower-carbon future.
By Christine Dobby


MORE FROM THIS ISSUE:

The Inside Story of Breaking Up GE, an American GiantBaseball Has a Lot Riding
on Shohei OhtaniAn Influential Economics Forum Has a Surplus of Trolls

10 Companies to Watch in Q2 2024
Analysts at Bloomberg Intelligence have sifted through thousands of publicly
traded companies to highlight a select few for investors.

Elon Musk’s X Has a Porn Problem
In addition to really bad Tesla sales numbers, Elon, Inc. looks at the strange
sexual content currently flooding the billionaire’s social network. 
The Big Take
The Inside Story of Breaking Up GE, an American Giant
The inside story of how GE CEO Larry Culp dismantled a 131-year-old American
giant.


MARKETS

WealthCryptoDealsOdd Lots
WSP Global Caught in Short Seller’s Crosshairs, Shares Tumble
Telecom Italia May Get €1 Billion From Italy After Ruling
Quant Momentum Trade Is Hot Again in Crypto
Data-Dependent Wall Street Tries to Come to Terms With Data It Hates
Centerbridge Joint Venture Eyes $1.25 Billion in Marina Deals


BLOOMBERG ORIGINALS

10:21


The Race to Prove Bidenomics Is Working
10:21


8:39


Canada Wants Immigrants, But Can It Afford Them?
8:39


3:46


The Battle of the Trading Card Giants
3:46


11:06


How Texas Unleashed an Immigration Firestorm
11:06







TECHNOLOGY

AICybersecurityScreentimeTech Daily Newsletter
US, EU to Use AI to Seek Alternate Chemicals for Making Chips
Rakuten Boosts Junk Bond Sale to $2 Billion as Demand Soars
Amazon Is Cutting Hundreds of Jobs in Cloud Computing Division
Oros Labs Raises $22 Million to Insulate Boots, Tents and More
DoorDash Launches Benefits Program for Pennsylvania Delivery Drivers


POLITICS

US May Revoke Houthi Terrorist Label If They Stop Red Sea Ship Attacks

Trump Courts Palm Beach Billionaires as Power of His Rallies Fades

South African Speaker of Parliament Mapisa-Nqakula Resigns

Trudeau Pledges Billions More for Apartment Construction Loans



INDUSTRIES

Real EstateEnergyHealthElon Inc. Podcast

Jamie Kelter Davis/Bloomberg
Plunging Pickup Truck Sales Threaten Detroit’s Profit Engine
China Vanke Extends Housing Sales Slump With 43% Decline
Natwest Is Agent on Loan at Heart of Thames Water Debt Saga
Vistara CEO Allays Pilots’ Fears on Pay Cuts Amid Flight Delays
Car Shipper Takes Hit From Baltimore Bridge Collapse


EXPLAINERS

Why Uganda’s LGBTQ Community Is Under Renewed Fire

What We Know About Bird Flu in Dairy Cows and People

Could UK Scrap Its Costly ‘Triple Lock’ on Pensions?

The Israel-Iran Shadow War Reaches a Dangerous New Phase






GREEN

New EnergyGreener LivingESG InvestingZero Podcast

Spencer Platt/Getty Images
Spring Storm Threatens to Dump 18 Inches of Snow on New England
Chinese Solar Firms Hit by EU Probes in New Test of Subsidy Law
South Africa Ponders Fate of 8,000 Lions and 3,000 Skeletons
Faltering Tesla Faces a Familiar Question: Is It an ESG Stock?
Zimbabwe Declares Drought a Disaster, Joining Malawi and Zambia


PURSUITS

The Latest Obsession for Rich People Is Actually Quite Wholesome

This Spring’s Best New Books Start With a Journey

The One Thing This Well-Traveled Historian Carries at All Times

Art Market Experts See Rebound in Confidence After 2023 Slump



ECONOMICS

Inflation & PricesIndicatorsCentral BanksEconomics Daily Newsletter
Kenya Leaves Key Interest Rate Steady at 13%
France’s Le Maire Sees Boost From ECB Rate Cuts in Coming Months
Fed’s Bowman Wants Closer Look at Banks’ Discount-Window Use
ECB’s De Cos Says First Rate Cut in June Is His Central Scenario
Fed Risks 70’s Mistake If It Cuts Rates Too Soon, T. Rowe Says


CITYLAB

Japanese Businesses Fight to Stay as Metro Stop Transforms LA’s Little Tokyo

Plotting the Death of a Texas Highway

The Other Side of the North Dakota Oil Boom: Evictions

Looking for a Place to Sit Down in the City






WORK + LIFE

Work ShiftEqualityBusiness of Sports Newsletter

Source: Populous
Chiefs and Royals’ $2 Billion Stadium Tax Denied by Voters
Women Lost C-Suite Seats in Corporate America, S&P Says
Uganda’s Constitutional Court Rejects Bid to Overturn Draconian Anti-LGBTQ Law
Singapore Urges Women to Pursue Tech Careers to Narrow Pay Gap
Iowa, LSU Set TV Ratings Record for Women’s College Basketball


MARKETS MAGAZINE


Ivan Valencia/Bloomberg
Ecopetrol Board Blasts Anti-Oil President Petro’s Nominees as Unfit
By Andrea Jaramillo


MORE FROM THIS ISSUE:

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

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.

Upstarts Challenge a Foundation of Modern Investing
A Nobel laureate’s theory supports betting on cheaper stocks and sets a
benchmark for money managers. But the numbers keep changing. How much does it
matter?
Top Investors Share the Toughest Lessons They Had to Learn
No one gets good at financial decision-making without taking the risk of being
wrong and then figuring out how to adjust.


STORIES FOR YOU

1:13


TSMC Facilities to Resume Production Overnight After Quake
1:13


HSBC Said to Explore Sale of Some German Units in Streamlining

1:26


Tesla’s Sales Miss by the Most Ever in Brutal Blow for EVs
1:26


The Big Take
A Million Simulations, One Verdict for US Economy: Debt Danger Ahead

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