Arrow Right

Shoppers In Beijing As China’s Growth Likely Slowed Ahead of Key Economic Meeting

Nike to Replace CEO Donahoe With Company Veteran

Shares surged in late trading in New York. Nike is in the midst of a $2 billion cost-cutting plan, including laying off 2% of its workforce.

New Nike CEO’s First Words to Staff: ‘Things Haven’t Been Easy’

New Nike CEO’s First Words to Staff: ‘Things Haven’t Been Easy’

The Man Who Made Nike Uncool

How Nike Ran Into Trouble

How Nike Ran Into Trouble

Middle East Crisis

Hezbollah Deadly Pager Blasts Israel Versus Iran

Exploding Pagers Sound Global Alarm for Supply-Chain Security

Exploding Pagers Sound Global Alarm for Supply-Chain Security

The blasts give new urgency to global leaders’ drive to reduce their dependence on technologies from rivals.

Exploding Gadgets Death Toll Rises in Lebanon as Israel Steps up Talk of War

Bloomberg News Now

Listen to the latest: New Israeli Air Raids, More Wall Street Record Highs

4:55

updated 40 min ago

US Election 2024

Billionaire Donors What Harris Might Do Trump's Crypto Turn

What Kamala Harris Would Mean for Wall Street and Main Street

How the vice president’s personal history and decades in public life could inform her administration if she wins.

Trump Vows to Bring Back Travel Ban, Bar Refugees From Gaza

Vance, Walz Hold Dueling CEO Meetings Ahead of VP Debate

Latest

Bloomberg Opinion

Don't Forget: Kim Jong Un Has Nukes

TOPSHOT-NKOREA-SKOREA-RUSSIA-CONFLICT-DIPLOMACY-DEFENCE

Kim Jong Un Will Have His October Surprise

The North Korean dictator has a message for Kamala Harris and Donald Trump, and for the world. It may already be in the mail.

By Andreas Kluth, Columnist

23andMe Is Just ‘Me’ Now

By Matt Levine, Columnist

LEVINE

Decriminalizing Drugs Went Very Wrong in Oregon. Blame Fentanyl.

By Lisa Jarvis, Columnist

Lisa Jarvis

Markets Got Powell's Message — Smaller for Longer

By John Authers, Columnist

AUTHERS

Most Active US Stocks

Global Stock Rally Extends, Yen Rises Before BOJ

Asia was set to extend a rally that pushed global stocks to fresh highs.

Summers Sees Fed Rate Projections Upended, Higher Mortgage Rates

2024 Republican National Convention: Day 1 — Chip Somodevilla/Getty Images

Porn, Racist Posts Are Latest Twist in North Carolina Race

Vice President Kamala Harris and former President Donald Trump are both targeting North Carolina and its 16 electoral college votes as their race tightens.

The Big Take Podcast

Big Take

The Fed Goes Big With a Half-Point Cut

16:12

Johnson & Johnson Ahead Of Earnings Figures

J&J Lifts Baby Powder Settlement Bid to More than $8.2 Billion

The offer is an increase from the drugmaker’s previous $6.5 billion bid.

Lilly Wants Records of People Who Took Weight-Loss Knockoffs

Obesity Drugmaker BioAge Seeks $158 Million in IPO, Placement

Bloomberg News Now

Listen to the latest: New Israeli Air Raids, More Wall Street Record Highs

4:55

updated 40 min ago

Latest

The Big Take Podcast

Big Take

The Fed Goes Big With a Half-Point Cut

16:12

Most Active US Stocks

Advanced Generative AI Tools as Major Tech Companies Urge Lawmakers to Avoid Heavy-handed Regulation

OpenAI to Decide Which Backers to Let Into $6.5 Billion Funding

Advanced Generative AI Tools as Major Tech Companies Urge Lawmakers to Avoid Heavy-handed Regulation

Apple Holds Product Unveiling Event

Apple iPhone 16 Reaches Stores Without Its Highly Awaited AI Features

Apple Holds Product Unveiling Event

warren buffett

Buffett’s Remaining $34 Billion Bank of America Stake Is Now Pure Profit

warren buffett

Bloomberg Businessweek

ABC News Hosts Presidential Debate Between Donald Trump And VP Kamala Harris At The National Constitution Center In Philadelphia — Win McNamee/Getty Images North America

Trump’s Pet-Eating Rant Was an Effective Act of Misdirection

The former US president knows how to get everybody talking—for better or worse.

By Joshua Green

September 1, 2024

More from this issue:

How Legal Sports Betting Changed Everything What Happens When Ozempic Takes Over Your Town Inside Worldcoin's Orb Factory

Elon Musk Tests Limits of Free Speech and SpaceX Racks Up the Wins

Elon Musk Tests Limits of Free Speech and SpaceX Racks Up the Wins

The two sides of Mr. Musk.

The Host of Hot Ones Spills the Secrets of His Success

Watching a celebrity ingest hot sauce is the hook, but it’s Sean Evans’ skill as an interviewer that keeps audiences coming back.

Business Schools Are Undergoing Unusual Change

The list of best business schools for 2024-25 hasn’t changed much at the top of the rankings, but there are notable surprises.

Markets

ETFs Crypto Deals

CTBC Headquarters in Taipei — An Rong Xu/Bloomberg

CTBC Is Said to Consider Pulling Out of Shin Kong Takeover Battle in Taiwan

China’s Banks Maintain Key Lending Rates as PBOC Stays Put

Oil Set for Weekly Gain After Fed Cut With Focus on Middle East

Lots More With Sam Ro on the Booming World of RIAs (Podcast)

Lots More With Sam Ro on the Booming World of RIAs

Trouble in Paradise: Why Maldives Is on the Verge of Default

Newsletter: The Brink

Trouble in Paradise: Why Maldives Is on the Verge of Default

Bloomberg Originals

How Central Banks Won the Battle But Lost the War

How Central Banks Won the Battle But Lost the War

Why There's a New Race to the Moon

Why There's a New Race to the Moon

The Growing Toll of America's Booming Kratom Industry

The Growing Toll of America's Booming Kratom Industry

How Nvidia Changed the Game

How Nvidia Changed the Game

Space

Rocket Lab Aborts Satellite Launch After Countdown Hits Zero

Rocket Lab Aborts Satellite Launch After Countdown Hits Zero

JAXA debris

Avoiding Apocalyptic Satellite Crashes Comes Down to China Checking Its Email

A Sleepy California City Gets The Elon Musk Makeover

Musk Decries ‘Lawfare’ After FAA Proposes SpaceX Penalties

SpaceX Crew Splashes Down After Historic Commercial Spacewalk

SpaceX Crew Splashes Down After Historic Commercial Spacewalk

Technology

AI Cybersecurity Screentime

Meituan Delivery Workers As Company Announces Earnings Results — Qilai Shen/Bloomberg

Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise

Salesforce CEO Says AI Agent Means No ‘DIY’ for Clients

Universal Music's Grand Streaming Vision Requires Cooperation

Elon, Inc: Elon Tests Limits of Free Speech while SpaceX Racks Up the Wins (Podcast)

Elon, Inc: Elon Tests the Limits of Free Speech

TikTok Ban Moves Closer to Reality While App’s Users Ignore the Obvious

Newsletter: Tech Daily

TikTok Ban Moves Closer to Reality While App’s Users Ignore the Obvious

Wealth

DBS Head of Consumer and Wealth Banking Shee Tse Koon

DBS Sees Wealth Fees Doubling by 2027 as the Rich Head to Asia

Booming U.S. Recovery Is Leaving Some Communities Completely Behind

US Mortgage Rates Fall Further, Stoking Housing Optimism

IMF And World Bank Hold Annual Meetings In Washington, DC

Fireworks From the Fed, Boredom From the BOE

How to Hack Your Credit Score 1

How to Improve Your Credit Score

Politics

US Election UK Europe Middle East Asia

Christopher Luxon

New Zealand Can Work With US Under Trump or Harris, Luxon Says

Malaysia’s King to Seek Funds for High-Speed Rail on China Visit

Japan Eyes Deal to End Chinese Ban on Seafood Imports, Media Say

Harris Tries to Make Ambiguity an Asset to Broaden Voter Appeal

Newsletter: Washington Edition

Harris Tries to Make Ambiguity an Asset to Broaden Voter Appeal

Big Take DC: Buttigieg on Air Travel, Political Future (Podcast)

Big Take DC: Buttigieg on Air Travel, Political Future

Explainers

Hezbollah Leader Hassan Nasrallah Speech

All About Hezbollah, the Lebanese Militia Hit by Exploding Pagers

Mayor Adams Visits A Cooling Center During Heat Wave

A Guide to All the Probes Surrounding NYC Mayor Eric Adams

Vehicle Scrapyard Operations as Slowing Demand Plunges Worldwide Automobile Markets

What Is the Circular Economy and Where Does It Lead?

Murdoch annual party

How Rupert Murdoch’s Succession Fight Became a Courtroom Thriller

Industries

Legal Energy Health

Ninja Van Suspends Operations at Vietnam Subsidiary, ST Reports

Ninja Van Suspends Operations at Vietnam Subsidiary, ST Reports

You Can Only Get This F1 Race Experience With 2.7 Million Hotel Points

GM’s Cruise to Resume Robotaxi Testing in California This Fall

The Deal: Xavier Gutierrez on Latinos in Sports (Podcast)

The Deal: Xavier Gutierrez on Latinos in Sports

Avoiding Apocalyptic Satellite Crashes Comes Down to China Checking Its Email

Newsletter: Business of Space

Avoiding Apocalyptic Satellite Crashes Comes Down to China Checking Its Email

Green

New Energy Greener Living ESG Investing

General Economy In Beijing

China’s Industrial Slowdown Is Helping Make It Easier to Breathe

GE Vernova Says It May Cut 900 Jobs in Offshore-Wind Revamp

‘Doomsday’ Glacier Set to Melt Faster, Swell Seas as World Heats Up

Zero: Making Sense of Trump and Harris Climate Plans (Podcast)

Zero: Making Sense of Trump and Harris Climate Plans

An Optimist's Guide to the Planet Trailer

An Optimist's Guide to the Planet Trailer

Pursuits

Italian Economy Ahead Of Moody's Decision On Junk Rating

How Once Red-Hot Watch Brands Are Battling a Sales Slump

Cars Have Become Computers. But Some Want Old-School Transmissions Back

Cars Have Become Computers. But Some Want Old-School Transmissions Back

PURSUITS_WEB_FALL ART MARKET

The Art Market’s Uneven Recovery Means Feast for Some, Famine for Others

The 10 Best Hotels in North America, According to the Michelin Guide

The 10 Best Hotels in North America, According to the Michelin Guide

Economics

Inflation & Prices Indicators Central Banks

Sydney Retail Economy Ahead of Australia GDP Figures

Goldman Says Millennial Recession Is Dragging Australian Economy

India’s Das Tames Volatile Rupee With $689 Billion Reserves

Japan’s Inflation Speeds Up Ahead of Expected BOJ Rate Hold

Fed Determined Not to Get Behind Curve in Soft-Landing Mission

Newsletter: Economics Daily

Fed Determined Not to Get Behind Curve in Soft-Landing Mission

Bloomberg Surveillance: Fed Reaction (Podcast)

Bloomberg Surveillance: Fed Reaction

CityLab

US-ECONOMY-LIFESTYLE-AUTO

The Moonshot Plan to Eliminate Deaths on America’s Roads

House Works To Push Funding Bill Forward After Speaker Johnson Pulled Wednesday Vote

AOC Proposes $30 Billion Social Housing Authority

NYC Braces for More Subway ‘Hell’ as Toll Reversal Risks Repairs

New York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, Subways

Rat at the Columbus Circle Subway Station in New York City

NYC to Host ‘Rat Summit’ as Mayor Says His Policies Curbed Pests

Work + Life

Work Shift Equality Business of Sports

Caterpillar Machinery Ahead Of Earnings Figures

Caterpillar Joins Ford, Lowe’s in Diversity Rethink as Backlash Grows

The Child Care Position of JD Vance: Getting Grandma to Help

Big Three Money Managers Cut Support of Environmental Proposals

Women's Soccer Wants to Be More Like the NFL

Women's Soccer Wants to Be More Like the NFL

The Child Care Position of JD Vance: Getting Grandma to Help

Newsletter: Equality

The Child Care Position of JD Vance: Getting Grandma to Help

Markets Magazine

Markets Magazine_Guyana_03 — Rose Marie Cromwell

Exxon Almost Walked Away From Its $1 Trillion Oil Discovery

A few geoscientists pushed a reluctant energy giant to take a chance on Guyana.

By Kevin Crowley

Bloomberg Markets The Energy Issue

More from this issue:

Electric Cable Companies Are Making a Killing How Climate Protests Are Bringing the Fight to Bankers Betting On the Energy Transition Has Turned Painful

ABC News Hosts Second Presidential Debate

Investors See a Harris Win as Better for Bonds, Worse for Stocks

Trump could move markets more, professional investors say in an exclusive poll.

A Father-Daughter Dynasty Looms Large in Texas Oil and Politics

Tom and Christi Craddick wield influence in the energy industry while also owning a piece of the action.

Power-Hungry Data Centers Are Gobbling Up Texas Amid AI Boom

A state’s infamously strained electric grid faces a new threat.