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5,018.39
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15,605.48
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US 10 Yr
4.63
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FTSE 100
8,121.24
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Crude Oil
79.06
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Gold
2,331.30
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Euro
1.07
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Pound/Dollar
1.25
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+0.06%

Watch: Powell Says Fed's Next Move Being a Hike Is Unlikely

Yen’s Surge Stirs Talk That Japan Is in the FX Market Once Again
Powell Says It Will Take Longer to Gain Confidence on Inflation
Here’s What We Learned From Fed Rate Decision, Powell Briefing

Inside Qualcomm Headquarters Ahead Of Earnings FiguresInside Qualcomm Headquarters Ahead Of Earnings Figures
Qualcomm Gives Solid Outlook in Sign of Smartphone Recovery
The chipmaker has been making inroads in China this year.
DoorDash Forecast Falls Short on Scrutiny Over Profitability
AIG Profit Exceeds Expectations on Lower Catastrophe Losses

Latest

Arizona's Supreme Court Revives 1864 Law Banning Abortions, Causing BacklashArizona's Supreme Court Revives 1864 Law Banning Abortions, Causing Backlash
Rebecca Noble/Getty Images
Arizona Senate Votes to Repeal State Abortion Ban From 1864
The state’s Supreme court revived the Civil War-era law in early April.
Earlier
Arizona’s Abortion Law Repeal Comes as Independents Trust Biden More on Issue
SAUDI-US-GCC-POLITICS-DIPLOMACYSAUDI-US-GCC-POLITICS-DIPLOMACY
Mandel Ngan/AFP/Getty Images
US and Saudis Near Defense Pact Meant to Reshape Middle East
OpinionAndreas Kluth
Biden Hugs the Saudis to Strong-Arm Israel
Bloomberg News Now

Listen to the latest news: Fed Stands Pat, Arizona Repeal Of Abortion Ban, More

4:32

Bloomberg Opinion

Jay Powell Should Listen to Gandalf About 2% InflationJay Powell Should Listen to Gandalf About 2% Inflation
Bloomberg Opinion
Jay Powell Should Listen to Gandalf About 2% Inflation
What do orcs, dwarves, wizards, elves and hobbits have to do with the Fed’s monetary policy target? You’d be surprised.
By Jessica Karl, Columnist
Biden Hugs the Saudis to Strong-Arm Israel
By Andreas Kluth, Columnist
The Dog Ate Japan’s Plan to Phase Out Coal Power
By David Fickling, Columnist
xxxxxxxxxxxxxxxxxxxxxx
Academic Fraud Is a Waste of Taxpayer Dollars
The Editorial Board
U.S. Refiners Could Be Forced To Slow Production As Gasoline Profits Drag U.S. Refiners Could Be Forced To Slow Production As Gasoline Profits Drag
Exxon Set to Win FTC Approval for Pioneer Deal on Settlement
The deal will make Exxon far and away the biggest oil and natural gas producer in the Permian Basin, North America’s largest US oil field.
Schumer Calls on FTC to Investigate Wave of Oil Company Mergers
DO NOT USE - Bill Hwang BT- ONLY.DO NOT USE - Bill Hwang BT- ONLY.
He Lost $36 Billion in a Week. Now Bill Hwang Is Fighting to Avoid Prison
The Archegos founder who erased his fortune in a blink — and helped bring down Credit Suisse — heads to trial next week with his faith unshaken.
Explainer
Bill Hwang on Trial: The Criminal Case Against Archegos’ Founder

Most Active US Stocks

Bloomberg News Now

Listen to the latest news: Fed Stands Pat, Arizona Repeal Of Abortion Ban, More

4:32

Latest

Most Active US Stocks

Airbnb Offers Museum Stays, Influencer Experiences to Boost ExcitementAirbnb Offers Museum Stays, Influencer Experiences to Boost Excitement
Airbnb Offers Museum Stays, Influencer Experiences to Boost Excitement
Airbnb Offers Museum Stays, Influencer Experiences to Boost ExcitementAirbnb Offers Museum Stays, Influencer Experiences to Boost Excitement
Prime Minister Justin Trudeau Makes A Housing AnnouncementPrime Minister Justin Trudeau Makes A Housing Announcement
The Big Take
Housing Shortages and Immigration Booms Are Colliding
Prime Minister Justin Trudeau Makes A Housing AnnouncementPrime Minister Justin Trudeau Makes A Housing Announcement
Tesla Showrooms in Shanghai as Musk's China Trip Pays Off With Key Self-Driving Hurdles ClearedTesla Showrooms in Shanghai as Musk's China Trip Pays Off With Key Self-Driving Hurdles Cleared
Tesla Interns Say Offers Are Getting Revoked Weeks Before Their Start Date
Tesla Showrooms in Shanghai as Musk's China Trip Pays Off With Key Self-Driving Hurdles ClearedTesla Showrooms in Shanghai as Musk's China Trip Pays Off With Key Self-Driving Hurdles Cleared

Bloomberg Businessweek

China Launches Rockets From Sea in Bid to Win the Space RaceChina Launches Rockets From Sea in Bid to Win the Space Race
China Launches Rockets From Sea in Bid to Win the Space Race
Offshore launches can improve takeoff positioning and save money on transporting rockets, but there are logistical challenges.
By Bloomberg News
Sextortion Scams Are Driving Teen Boys to SuicideSextortion Scams Are Driving Teen Boys to Suicide

More from this issue:

Sextortion Scams Are Driving Teen Boys to SuicideWhat Really Happens When You Trade In an iPhone at the Apple StoreHow Matzo Is Made
Elon Musk vs. Jeff Bezos Is America’s New Moon RaceElon Musk vs. Jeff Bezos Is America’s New Moon Race
Elon Musk vs. Jeff Bezos Is America’s New Moon Race
The billionaires’ dueling space companies anchor NASA's plan to bring astronauts to the moon for the first time in a half-century.
AI Is Helping Automate One of the World’s Most Gruesome Jobs
Advances in computer vision and machine learning allow robots to perform some of the high precision tasks required to butcher beef and chicken.
Will GM Regret Kicking Apple CarPlay off the Dashboard?
The uneasy relationship between Detroit and Cupertino is on display in a flawed rollout of GM’s new software.

Markets

ETFsCryptoDeals
Tatsufumi ShibataTatsufumi Shibata
Taiga Uranaka/Bloomberg
Japan Suspects Companies Are Evading Disclosure of Cross-Shareholdings
Chicago Bears’ Stadium Proposal Is a ‘Non-Starter’ for Pritzker
Indonesia’s Vidio Is Aiming to Double Subscribers Ahead of IPO
Odd Lots: Duolingo CEO on the Power of AI Learning (Podcast)Odd Lots: Duolingo CEO on the Power of AI Learning (Podcast)
Listen (51:22)
Odd Lots: Duolingo CEO on the Power of AI Learning
Trump Versus Biden Advertising Windfall is No Panacea for BroadcastersTrump Versus Biden Advertising Windfall is No Panacea for Broadcasters
Newsletter: The Brink
Trump Versus Biden Advertising Windfall is No Panacea for Broadcasters

Bloomberg Originals

10:29
Why the South China Sea Could Spark a WarWhy the South China Sea Could Spark a War
Why the South China Sea Could Spark a War
10:29
Why the South China Sea Could Spark a WarWhy the South China Sea Could Spark a War
6:17
How Drones Are Revolutionizing the Economics of WarHow Drones Are Revolutionizing the Economics of War
How Drones Are Revolutionizing the Economics of War
6:17
How Drones Are Revolutionizing the Economics of WarHow Drones Are Revolutionizing the Economics of War
22:31
When Jamie Dimon Speaks, the World ListensWhen Jamie Dimon Speaks, the World Listens
When Jamie Dimon Speaks, the World Listens
22:31
When Jamie Dimon Speaks, the World ListensWhen Jamie Dimon Speaks, the World Listens
37:47
The Deal Episode 9: Mark ShapiroThe Deal Episode 9: Mark Shapiro
The Deal Episode 9: Mark Shapiro
37:47
The Deal Episode 9: Mark ShapiroThe Deal Episode 9: Mark Shapiro

Technology

AICybersecurityScreentime
Audible And Amazon Music Are Looking To Spend Big In Podcast Land Audible And Amazon Music Are Looking To Spend Big In Podcast Land
Audible Tests Lower-Priced Plan in Possible Response to Spotify
Huawei Lab Barred by US Regulators as Part of Crackdown on China
Dropbox Says Hackers Breached Digital-Signature Product
GM Is Betting the Future Is ElectricGM Is Betting the Future Is Electric
Watch (24:01)
GM Is Betting the Future Is Electric
Intel’s Gelsinger Fights Ghosts of History as Well as Rivals Nvidia, AMDIntel’s Gelsinger Fights Ghosts of History as Well as Rivals Nvidia, AMD
Newsletter: Tech Daily
Intel’s Gelsinger Fights Ghosts of History as Well as Rivals Nvidia, AMD

Wealth

Dubai Billionaire’s Children Plan to Revive Troubled World IslandsDubai Billionaire’s Children Plan to Revive Troubled World Islands
Dubai Billionaire’s Children Plan to Revive Troubled World Islands
Dubai Billionaire’s Children Plan to Revive Troubled World IslandsDubai Billionaire’s Children Plan to Revive Troubled World Islands
Chip WilsonChip Wilson
Lululemon Billionaire Pledges Shares to Goldman for Margin Loan
Chip WilsonChip Wilson
British Stocks May Be Back in FashionBritish Stocks May Be Back in Fashion
British Stocks May Be Back in Fashion
British Stocks May Be Back in FashionBritish Stocks May Be Back in Fashion
The Viking Sea Cruise Ship Passes Through The Thames BarrierThe Viking Sea Cruise Ship Passes Through The Thames Barrier
Kid-Free Cruises Create $5 Billion Fortune for Viking’s CEO
The Viking Sea Cruise Ship Passes Through The Thames BarrierThe Viking Sea Cruise Ship Passes Through The Thames Barrier

Politics

US ElectionUKEuropeMiddle EastAsia
Public Sector Workers Protest As Inflation Seen Rising And Wages StagnatePublic Sector Workers Protest As Inflation Seen Rising And Wages Stagnate
Gaby Oraa/Bloomberg
Venezuela’s Maduro Increases Minimum Wage to $130 Ahead of Vote
Saudi Arabia Steps Up Gaza Arrests as Israel Ties Edge Closer
Petro Says Colombia Will Cut Diplomatic Ties With Israel
With No Suspense About Rates, Fed Meeting Is All About the FutureWith No Suspense About Rates, Fed Meeting Is All About the Future
Newsletter: Washington Edition
With No Suspense About Rates, Fed Meeting Is All About the Future
Big Take DC: How FOIA Unlocks Government Secrets (Podcast)Big Take DC: How FOIA Unlocks Government Secrets (Podcast)
Listen (14:30)
Big Take DC: How FOIA Unlocks Government Secrets

Explainers

UK Prepares For Possible Interest Rate IncreaseUK Prepares For Possible Interest Rate Increase
Why Mortgages and Interest Rates Are a Hot UK Election Issue
UK Prepares For Possible Interest Rate IncreaseUK Prepares For Possible Interest Rate Increase
Nvidia Products and Offices In TaipeiNvidia Products and Offices In Taipei
Why AI Is So Expensive
Nvidia Products and Offices In TaipeiNvidia Products and Offices In Taipei
4:55
Did Japan Intervene to Prop Up the Yen? How We Might KnowDid Japan Intervene to Prop Up the Yen? How We Might Know
Did Japan Intervene to Prop Up the Yen? How We Might Know
4:55
Did Japan Intervene to Prop Up the Yen? How We Might KnowDid Japan Intervene to Prop Up the Yen? How We Might Know
A Huawei router.A Huawei router.
Huawei’s Pivotal Role in the US-China Tech War, from 5G to Chips
A Huawei router.A Huawei router.

Industries

Real EstateEnergyHealth
Google Recruiting Propels Zurich Home Prices Past LondonGoogle Recruiting Propels Zurich Home Prices Past London
Google’s Payments to Apple Reached $20 Billion in 2022, Antitrust Court Documents Show
NAB to Buy Back $1 Billion as Profit Meets Expectations
Carvana Shares Soar on Better-Than-Expected Profit as Sales Rise
The Deal Episode 10: Serena Williams (Podcast)The Deal Episode 10: Serena Williams (Podcast)
Listen (49:33)
The Deal Episode 10: Serena Williams
Tiny Islands Look to Space to Save Them From Global WarmingTiny 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 EnergyGreener LivingESG Investing
Storm-Hit New Yorkers Confront Working at Home Without PowerStorm-Hit New Yorkers Confront Working at Home Without Power
Angus Mordant/Bloomberg
Extreme Weather Is Driving More US Power Outages, Studies Show
The US experienced twice as many weather-related power outages from 2014 to 2023 as in the previous decade. But they aren’t evenly distributed. 
Wells Fargo, RBC Bankers Met Texas AG Staff Regarding ESG Probe
Texas to Louisiana Areas Risk Floods Into Thursday: Weather Watch
Zero: The bank financing Africa’s green growth (Podcast)Zero: The bank financing Africa’s green growth (Podcast)
Listen (35:50)
Zero: The Bank Financing Africa’s Green Growth
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

These 11 Mother’s Day Gifts Are So Much More Than Merely UsefulThese 11 Mother’s Day Gifts Are So Much More Than Merely Useful
These 11 Mother’s Day Gifts Are So Much More Than Merely Useful
These 11 Mother’s Day Gifts Are So Much More Than Merely UsefulThese 11 Mother’s Day Gifts Are So Much More Than Merely Useful
Giant diptych Murals on walls along the Meuse River in Liege, Wallonia, BelgiumGiant diptych Murals on walls along the Meuse River in Liege, Wallonia, Belgium
An Overlooked Belgian City Has Quietly Become a Street-Art Haven
Giant diptych Murals on walls along the Meuse River in Liege, Wallonia, BelgiumGiant diptych Murals on walls along the Meuse River in Liege, Wallonia, Belgium
A Local Expert Breaks Down What’s Best in Suddenly Cool RomaniaA Local Expert Breaks Down What’s Best in Suddenly Cool Romania
A Local Expert Breaks Down What’s Best in Suddenly Cool Romania
A Local Expert Breaks Down What’s Best in Suddenly Cool RomaniaA Local Expert Breaks Down What’s Best in Suddenly Cool Romania
These Five Summer Beach Bags Are Truly One in a MillionThese Five Summer Beach Bags Are Truly One in a Million
These Five Summer Beach Bags Are Truly One in a Million
These Five Summer Beach Bags Are Truly One in a MillionThese Five Summer Beach Bags Are Truly One in a 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
Fed to Slow Pace of Balance-Sheet Runoff Starting in June
Key Takeaways From Fed Decision to Hold Rate at Two-Decade High
North America Supply Chains Imperiled by Canada Rail Strike Vote
The Spotlight’s on Powell as Fed-Easing Dream FadesThe Spotlight’s on Powell as Fed-Easing Dream Fades
Newsletter: Economics Daily
The Spotlight’s on Powell as Fed-Easing Dream Fades
Instant Reaction: Jay Powell on Fed Policy (Podcast)Instant Reaction: Jay Powell on Fed Policy (Podcast)
Listen (26:38)
Instant Reaction: Jay Powell on Fed Policy

CityLab

Billionaire-Backed Developer Asks Voters to Approve New California CityBillionaire-Backed Developer Asks Voters to Approve New California City
Billionaire-Backed Effort to Build New California City Advances to November Ballot
Billionaire-Backed Developer Asks Voters to Approve New California CityBillionaire-Backed Developer Asks Voters to Approve New California City
The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. 
Also Migrating From Latin America: A Wave of Urban Innovation
The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. The tree-lined Avenida Paseo de la Reforma in Mexico City — a city whose scale and environmental precarity have made it a rich source of urban solutions. 
US-TRANSPORT-LIFESTYLEUS-TRANSPORT-LIFESTYLE
NYC Budget Will Consider Climate Impacts of Spending
US-TRANSPORT-LIFESTYLEUS-TRANSPORT-LIFESTYLE
American Eagle to Relocate NYC Offices to Madison Avenue TowerAmerican Eagle to Relocate NYC Offices to Madison Avenue Tower
American Eagle to Relocate NYC Offices to Madison Avenue Tower
American Eagle to Relocate NYC Offices to Madison Avenue TowerAmerican Eagle to Relocate NYC Offices to Madison Avenue Tower

Work + Life

Work ShiftEqualityBusiness of Sports
Key Speakers At The GeekWire Summit Key Speakers At The GeekWire Summit
David Ryder/Bloomberg
Amazon CEO’s Comments Violated Labor Law, NLRB Judge Rules
This Beauty Pioneer Is Taking the Next Generation Under Her Wing
Michael Jordan’s Cincoro Tequila Adds Celebrities, Markets
Michael Andretti Plans to Finally Conquer F1Michael Andretti Plans to Finally Conquer F1
Watch (24:01)
Michael Andretti Plans to Finally Conquer F1
Overturning Weinstein’s Rape Conviction Fires Up #MeToo AgainOverturning Weinstein’s Rape Conviction Fires Up #MeToo Again
Newsletter: Equality
Overturning Weinstein’s Rape Conviction Fires Up #MeToo Again

Markets Magazine

Markets Magazine_EgyptMarkets 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 RatesThe 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 RatesWhy NYC Apartment Buildings Are on Sale Now for 50% OffThe Most Costly Investment Mistake You Can Make Is Easy to Avoid
SurveillanceSurveillance
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.
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.
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