www.bloomberg.com Open in urlscan Pro
151.101.193.73  Public Scan

Form analysis
1 forms found in the DOM

POST

<form action="" class="newsletter-module__form" method="post" data-newsletter="Big Take">
  <input type="hidden" name="vars[source]" value="newsletter_module">
  <input type="email" id="form-for-newsletter" aria-required="true" class="newsletter-module__input" placeholder="Enter your email">
  <button class="newsletter-module__button" type="submit"> Sign Up </button>
  <div class="newsletter-module__agreement">
    <label class="newsletter-module__agreement-label" for="sendMePromotions">
      <input name="optIn" id="sendMePromotions" type="checkbox" aria-invalid="false" aria-label="send me promotions checkbox" value="false">
      <span class="pointer-events-none">Bloomberg may send me offers and promotions.</span>
    </label>
    <div class="disclaimer">
      <span>By submitting my information, I agree to the <a href="https://www.bloomberg.com/notices/privacy/" target="_blank" rel="noopener noreferrer">Privacy Policy</a> and
        <a href="https://www.bloomberg.com/notices/tos/?in_source=hp-nav" target="_blank" rel="noopener noreferrer">Terms of Service</a></span>
    </div>
  </div>
</form>

Text Content

Skip to content


Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal
Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg
Customer SupportCustomer Support

Bloomberg Webinars: Access a broad range of analysis, research, insight & ideas.

Bloomberg UK
Europe Edition

 * UK
   
 * Europe
   
 * US
   
 * Asia
   
 * Middle East
   
 * Africa
   
 * 日本
   

Sign In Subscribe


 * Live Now
   
   
   BLOOMBERG TV+
   
   
   BLOOMBERG SURVEILLANCE
   
   Bloomberg Surveillance. Live from London and New York, bringing insight on
   global markets and the top business stories of the day.
   
   
   BLOOMBERG RADIO
   
   
   BLOOMBERG SURVEILLANCE
   
   The economy and markets are "under surveillance". Bloomberg Surveillance,
   covering the latest news in finance, economics and investments.
   
   Listen
   
   --------------------------------------------------------------------------------
   
   
   QUICKTAKE
   
   
   MADE: MASTER BLADEMAKER
   
   Quintin Middleton’s intricately made knives highlight his unparalleled
   craftsmanship while revealing the hidden history of enslaved African
   Americans and their contributions to the blacksmith
   
   
   ALSO STREAMING ON YOUR TV:
   
   
 * * Markets
     Markets
      * Economics
      * Deals
      * Odd Lots
      * The FIX | Fixed Income
      * ETFs
      * FX
      * Factor Investing
      * Alternative Investing
      * Economic Calendar
      * Markets Magazine
     
     
     HYPERDRIVE
     
     VW, Mercedes and BMW Cross Their Fingers as China Risk Escalates
     
     
     BUSINESS
     
     Air France-KLM CEO Says He’s Interested in Portugal’s TAP
     
     
     MARKET DATA
     
      * Stocks
      * Commodities
      * Rates & Bonds
      * Currencies
      * Futures
      * Sectors
     
     
     FOLLOW BLOOMBERG MARKETS
     
     
     View More Markets
   * Economics
     Economics
      * Indicators
      * Central Banks
      * Jobs
      * Trade
      * Tax & Spend
      * Inflation & Prices
     
     
     CENTRAL BANKS
     
     ECB Officials Signal Battle Against Inflation Is Far From Over
     
     
     CENTRAL BANKS
     
     Fed Seen Aggressively Hiking to 5%, Triggering Global Recession
     
     
     INDICATORS
     
     German Recession Delayed as Economy Unexpectedly Grows
     
     
     FOLLOW BLOOMBERG ECONOMICS
     
     
     View More Economics
   * Industries
     Industries
      * Consumer
      * Energy
      * Entertainment
      * Finance
      * Health
      * Legal
      * Real Estate
      * Telecom
      * Transportation
     
     
     MARKETS
     
     Another Cathie Wood Fund Exits Sea After $175 Billion Selloff
     
     
     MARKETS
     
     Elliott Boosts Swedish Match Stake, Hampering PMI Bid
     
     
     FEATURED
     
      * Business of Sports
     
     
     FOLLOW BLOOMBERG INDUSTRIES
     
     
     View More Industries
   * Technology
     Technology
      * Code Wars
      * Checkout
      * Prognosis
     
     
     FUTURE OF BRITISH BUSINESS
     
     Apple Loses UK Patent Appeal Over Essential Technologies
     
     
     TECHNOLOGY
     
     Amazon Shares Plunge on Forecast for Sluggish Holiday Sales
     
     
     TECHNOLOGY
     
     Apple Dodges Tech Rout, Even While Warning of Holiday Slowdown
     
     
     FOLLOW BLOOMBERG TECHNOLOGY
     
     
     View More Technology
   * Politics
     Politics
      * US
      * UK
      * Americas
      * Europe
      * Asia
      * Middle East
     
     
     POLITICS
     
     Pakistan’s Imran Khan Starts Rally to Push for Early Elections
     
     
     POLITICS
     
     House Republicans Plan to Hold the Debt Limit Hostage Against Joe Biden
     
     
     FEATURED
     
      * Next China
     
     
     FOLLOW BLOOMBERG POLITICS
     
     
     View More Politics
   * Wealth
     Wealth
      * Investing
      * Living
      * Opinion & Advice
      * Savings & Retirement
      * Taxes
      * Reinvention
     
     
     TAXES
     
     Tax Cuts for the Rich? In This Economy? GOP Playbook Faces Doubts
     
     
     LIVING
     
     Modi Plan to Unlock India’s Gold Gets New Focus With Trade Gap Near Record
     
     
     FEATURED
     
      * How to Invest
     
     
     FOLLOW BLOOMBERG WEALTH
     
     
     View More Wealth
   * Pursuits
     Pursuits
      * Travel
      * Autos
      * Homes
      * Living
      * Culture
      * Style
     
     
     PURSUITS
     
     Danish Football Club Brondby Gets Offer From US Investor Group
     
     
     PURSUITS
     
     NFL Trade Deadline Isn't So Boring Anymore
     
     
     FEATURED
     
      * Screentime
      * New York Property Prices
      * Where to Go in 2022
     
     
     FOLLOW BLOOMBERG PURSUITS
     
     
     View More Pursuits
   * Opinion
     Opinion
      * Business
      * Finance
      * Economics
      * Markets
      * Politics & Policy
      * Technology & Ideas
      * Editorials
      * Letters
     
     
     ALLISON SCHRAGER
     
     We Should Just Accept We’re Going to Have a Blah Economy
     
     
     THOMAS BLACK
     
     Chips Act Won’t Work Without Every Part of the Chip
     
     
     DANIEL MOSS AND GEAROID REIDY
     
     Kuroda Can’t Get to Yes. Should He Even Try?
     
     
     FOLLOW BLOOMBERG OPINION
     
     
     View More Opinion
   * Businessweek
     Businessweek
      * The Bloomberg 50
      * Best B-Schools
      * Small Business Survival Guide
      * 50 Companies to Watch
      * Good Business
      * Subscribe to the Magazine
     
     
     THE BIG TAKE
     
     When Netflix and HBO Turned on Each Other, They Forged a New Era of
     Television
     
     
     BUSINESS
     
     Flights to Asia Are Finally Back, But Russia Airspace Bans Cause Onerous
     Detours
     
     
     TECHNOLOGY
     
     Brazil’s Online Disinformation Challenges Extend Beyond Meta
     
     
     FOLLOW BLOOMBERG BUSINESSWEEK
     
     
     View More Businessweek
   * Equality
     Equality
      * Corporate Leadership
      * Capital
      * Society
      * Solutions
     
     
     EQUALITY
     
     Harvard, UNC Race-Based Admissions Cases Put Supreme Court Justices on
     Collision Course
     
     
     EQUALITY
     
     Corporate Boards Are Getting Younger Thanks to Retiring Boomers
     
     
     FEATURED
     
      * In Trust Podcast
     
     
     FOLLOW BLOOMBERG EQUALITY
     
     
     View More Equality
   * Green
     Green
      * New Energy
      * ESG Investing
      * Weather & Science
      * Electric Vehicles
      * Climate Politics
      * Greener Living
      * Cleaner Tech
     
     
     GREEN
     
     Southern Africa’s Biggest Man-Made Dam Drains Toward Record Low
     
     
     CLEANER TECH
     
     Houston’s Solugen Wants to Make Greener Chemicals — and Profits
     
     
     FEATURED
     
      * Data Dash
      * Hyperdrive
     
     
     FOLLOW BLOOMBERG GREEN
     
     
     View More Green
   * CityLab
     CityLab
      * Design
      * Culture
      * Transportation
      * Economy
      * Environment
      * Housing
      * Justice
      * Government
      * Technology
     
     
     GOVERNMENT
     
     New Jersey Gun Limits Cleared by Legislative Panel in Step Toward Law
     
     
     JUSTICE
     
     Gunshot Detection Technology Spurs Debate Over Policing and Surveillance
     
     
     HOUSING
     
     The Movement to Keep Buildings From Making You Sick
     
     
     FOLLOW BLOOMBERG CITYLAB
     
     
     View More CityLab
   * Crypto
     Crypto
      * Decentralized Finance
      * NFTs
      * Regulation
      * Technology
     
     
     CRYPTO
     
     This Week in Crypto: One Story to Rule Them All; ‘Wen Uptober?’
     
     
     CRYPTO
     
     How Are Venture Capitalists Feeling About Crypto Lately?
     
     
     CRYPTO
     
     Crypto’s New Class of Kingpins Emerge After The Merge
     
     
     FOLLOW BLOOMBERG CRYPTO
     
     
     View More Crypto
 * More
   
   --------------------------------------------------------------------------------
   
   
   
   



S&P 500
3,807.30

-0.61%
Nasdaq
10,792.68

-1.63%
Crude Oil
88.52

-0.63%
US 10 Yr
4.00

-0.66%
Euro
1.00

+0.02%
Dow Jones
32,033.28

+0.61%
Russell 2000
1,806.32

+0.11%
Gold
1,656.10

-0.57%
Silver
19.33

-1.41%
Nikkei 225
27,105.20

-0.88%
Hang Seng
14,863.06

-3.66%
FTSE 100
7,052.17

-0.30%
DAX
13,142.91

-0.52%
Pound/Dollar
1.16

-0.07%
Dollar/Yen
147.31

+0.70%
Bitcoin
20,190.04

-1.03%
Ethereum
1,501.33

-1.73%
BackForward


Central Banks
Central Banks
Fed Seen Aggressively Hiking to 5%, Triggering Global Recession 3 hours ago
Economics
ECB Officials Signal Battle Against Inflation Is Far From Over updated an hour
ago
Economics
German Recession Delayed as Economy Unexpectedly Grows updated 3 hours ago
Economics
Germany Unexpectedly Grows as France, Spain Slow: GDP Update updated an hour ago



LATEST

Technology
Exxon Profit Surpasses Expectations on Natural Gas Export Surge
Kevin Crowley updated 27m ago

Green
Southern Africa’s Biggest Man-Made Dam Drains Toward Record Low
Godfrey Marawanyika and Matthew Hill updated 33m ago

Business
Air France-KLM CEO Says He’s Interested in Portugal’s TAP
Albertina Torsoli updated 45m ago

Markets
Growing Pile of Distressed Debt Signals Coming US Default Wave
Kevin Simauchi and Jeremy Hill 49m ago

Politics
Pakistan’s Imran Khan Starts Rally to Push for Early Elections
Kamran Haider updated 53m ago



MOST READ

Deals
Comcast Considers Selling German Unit Sky Deutschland
David Hellier, Scott Moritz and Eyk Henning updated 37m ago

Markets
US Stocks Fall Before Amazon, Apple Add to Woes: Markets Wrap
Isabelle Lee and Vildana Hajric

The Big Take
The Crypto Story
Matt Levine

Where it came from, what it all means, and why it still matters.

Wellness
Germany to Legalize Purchase of Up to 30 Grams of Cannabis
Josefine Fokuhl, Agatha Cantrill and Eyk Henning

Wealth
Mark Zuckerberg’s Wealth Wipeout Hits $100 Billion as Meta Misses Again
Nur Dayana Mustak

The Meta CEO’s fortune has tumbled by more than any other billionaire’s this
year.


Unable to load stories at this time.
Retry
Hyperdrive
Hyperdrive
VW, Mercedes and BMW Cross Their Fingers as China Risk Escalates updated 34
minutes ago
VW Pares Back Delivery Forecast on Supply-Chain Constraints
Germany’s Top Executives to Visit China With Chancellor Scholz
BYD’s Red Carpet Treatment Puts Europe’s Auto Industry On Edge

Technology


MUSK IS SAID TO TAKE TWITTER CEO ROLE, REVERSE LIFETIME BANS

Elon Musk plans to become Twitter's CEO and reverse lifetime bans on users.
Markets


STOCKS SLUMP UNDER WEIGHT OF RENEWED YIELD SURGE: MARKETS WRAP

Follow the latest developments in global markets.
updated an hour ago
Politics


UKRAINE LATEST: ZELENSKIY SAYS MOST DRONE ‘MONSTERS’ DOWNED

Follow the latest updates on Russia's invasion of Ukraine.
updated 53 minutes ago
Politics


RUSSIA EXPORT WINDFALL FINDS SANCTIONS HAVEN IN YUAN, QUASI-BANK

A little-known unit of Russia’s stock exchange becomes a vital link to global
financial system.
updated 4 hours ago

Video Player is loading.
Play Video
Play
Unmute

Current Time 0:00
/
Duration 0:00
Loaded: 0%


Progress: 0%
Stream Type LIVE
Remaining Time -0:00
 
Playback Rate

1x
Chapters
 * Chapters

Captions
 * captions settings, opens captions settings dialog
 * captions off, selected

Fullscreen

This is a modal window.



Beginning of dialog window. Escape will cancel and close the window.

TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque
Font Size50%75%100%125%150%175%200%300%400%Text Edge
StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional
Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall
Caps
Reset restore all settings to the default valuesDone
Close Modal Dialog

End of dialog window.


Play Again

Live
Live on Bloomberg TV
Bloomberg Surveillance

The Big Take


WHEN NETFLIX AND HBO TURNED ON EACH OTHER, THEY FORGED A NEW ERA OF TELEVISION

Economics


FEELING THE PINCH, EUROPEANS ARE SPENDING LESS ON FOOD

updated 49 minutes ago


OPINION

Javier Blas


WHAT THE NEW ‘SAUDI FIRST’ POLICY MEANS FOR OIL AND POWER

The reigning message at Davos in the Desert has big implications for energy,
foreign policy and the global economy.

Lionel Laurent


DON'T EXAGGERATE THE MACRON-SCHOLZ COLD SNAP

Germany makes a convenient punching bag for France, but the two essential
EU powers need to avoid giving Putin what he wants.

Therese Raphael


RISHI SUNAK WALKS RIGHT INTO A LOSE-LOSE IMMIGRATION POLICY

Appointing Suella Braverman as Home Secretary has created the prime minister’s
first political and policy challenge.

Chris Bryant


THE RED BULL BILLIONAIRE’S SECRET RECIPE FOR SUCCESS

Premium pricing and unconventional marketing made the energy-drinks maker a hit.

John Authers


WILE E. COYOTE MOMENT AS TECH GOES OFF THE CLIFF

The FANGs are responding to gravity at last as investors return to the basics of
cash flow and balance sheet analysis. 

More from Opinion


OPINION

Javier Blas


WHAT THE NEW ‘SAUDI FIRST’ POLICY MEANS FOR OIL AND POWER

The reigning message at Davos in the Desert has big implications for energy,
foreign policy and the global economy.

Lionel Laurent


DON'T EXAGGERATE THE MACRON-SCHOLZ COLD SNAP

Germany makes a convenient punching bag for France, but the two essential
EU powers need to avoid giving Putin what he wants.

Therese Raphael


RISHI SUNAK WALKS RIGHT INTO A LOSE-LOSE IMMIGRATION POLICY

Appointing Suella Braverman as Home Secretary has created the prime minister’s
first political and policy challenge.

Chris Bryant


THE RED BULL BILLIONAIRE’S SECRET RECIPE FOR SUCCESS

Premium pricing and unconventional marketing made the energy-drinks maker a hit.

John Authers


WILE E. COYOTE MOMENT AS TECH GOES OFF THE CLIFF

The FANGs are responding to gravity at last as investors return to the basics of
cash flow and balance sheet analysis. 

More from Opinion
One story you'll want to talk about.
Get The Big Take newsletter in your inbox daily.
Sign Up
Bloomberg may send me offers and promotions.
By submitting my information, I agree to the Privacy Policy and Terms of Service



Economics


FEELING THE PINCH, EUROPEANS ARE SPENDING LESS ON FOOD

updated 49 minutes ago
Pursuits


DANISH FOOTBALL CLUB BRONDBY GETS OFFER FROM US INVESTOR GROUP

updated an hour ago
F1


LEWIS HAMILTON PLANS NEW MERCEDES DEAL TO KEEP RACING

updated 3 hours ago



WAR IN UKRAINE

Politics


RUSSIA EXPORT WINDFALL FINDS SANCTIONS HAVEN IN YUAN, QUASI-BANK

updated 4 hours ago
Politics


THE POLITICAL WEEK IN PHOTOS

Politics


UKRAINE LATEST: ZELENSKIY SAYS MOST DRONE ‘MONSTERS’ DOWNED

updated 53 minutes ago
Politics


BIDEN QUESTIONS PUTIN CLAIM RUSSIA WON’T USE NUCLEAR WEAPONS

More coverage


WORK SHIFT

Technology & Skills


ZOOM, TEAMS, SLACK ARE WREAKING HAVOC ON EMPLOYEE PRODUCTIVITY

Work in Progress


QUIET QUITTING SURGES IN FINANCE AS IT GAINS STEAM ACROSS SECTORS

Work in Progress


MORE PEOPLE WANT TO WORK FROM HOME BUT REMOTE JOB POSTINGS ARE DECLINING

Work in Progress


FEAR OF CATCHING COVID HAS COST US ECONOMY $250 BILLION THIS YEAR

More from Work Shift


STORIES FOR YOU




CRYPTO

Crypto


THIS WEEK IN CRYPTO: ONE STORY TO RULE THEM ALL; ‘WEN UPTOBER?’

updated 3 hours ago
QuickTake


WHAT IS THE METAVERSE, AND WILL IT BE WORTH THE WAIT?

updated 35 minutes ago
Technology


DBS TO BE FIRST BANK TO TAP NEW CRYPTO PLATFORM FROM SGX UNIT

Business


HIJACKED NEW YORK POST SITE HIGHLIGHTS THE 'INSIDER THREAT' -- AGAIN

More from Crypto


EQUALITY

Equality


HARVARD, UNC RACE-BASED ADMISSIONS CASES PUT SUPREME COURT JUSTICES ON COLLISION
COURSE

an hour ago
Equality


CORPORATE BOARDS ARE GETTING YOUNGER THANKS TO RETIRING BOOMERS

3 hours ago
Equality


MISS UNIVERSE’S NEW OWNER EYES MERCH BONANZA WITH PERFUME, BRAS

Prognosis


COVID TREATMENTS GIVEN LESS OFTEN TO BLACK, HISPANIC PEOPLE THAN WHITE PEOPLE

More from Equality




The Business Network for the New Generation


UP NEXT

 * On Now
   
   Made: Master Blademaker
 * 08:00 AM
   Storylines: Global Vaccine Campaign
 * 09:00 AM
   Made: History Of Braiding
 * 10:00 AM
   Giant Leap: Is Space Mining Finally Here?

Video Player is loading.
Play Video
Play
Unmute

Current Time 0:00
/
Duration 0:00
Loaded: 0%


Progress: 0%
Stream Type LIVE
Remaining Time -0:00
 
Playback Rate

1x
Chapters
 * Chapters

Captions
 * captions settings, opens captions settings dialog
 * captions off, selected

Fullscreen

This is a modal window.



Beginning of dialog window. Escape will cancel and close the window.

TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque
Font Size50%75%100%125%150%175%200%300%400%Text Edge
StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional
Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall
Caps
Reset restore all settings to the default valuesDone
Close Modal Dialog

End of dialog window.




Play Again

Unmute


LIVE NOW


MADE: MASTER BLADEMAKER

Quintin Middleton’s intricately made knives highlight his unparalleled
craftsmanship while revealing the hidden history of enslaved African Americans
and their contributions to the blacksmith

Start Watching

And streaming on your TV:

 * 
 * 
 * 
 * 
 * 

Rishi Sunak and the UK Economy Showdown
Is Netflix Better With or Without Ads?
How An Iconic DC Restaurant Is Dealing With Inflation
Shorting the Stock Market? Beware!


BLOOMBERG WEALTH

Taxes


TAX CUTS FOR THE RICH? IN THIS ECONOMY? GOP PLAYBOOK FACES DOUBTS

updated 49 minutes ago
Living


MODI PLAN TO UNLOCK INDIA’S GOLD GETS NEW FOCUS WITH TRADE GAP NEAR RECORD

Wealth


JEFF BEZOS ON BRINK OF $23 BILLION WEALTH DROP, AMONG WORST ON RECORD

Investing


I BONDS SALES SURGE AS DEADLINE APPROACHES FOR INTEREST RATE DROP

More on Wealth

Government


NEW JERSEY GUN LIMITS CLEARED BY LEGISLATIVE PANEL IN STEP TOWARD LAW

Justice


GUNSHOT DETECTION TECHNOLOGY SPURS DEBATE OVER POLICING AND SURVEILLANCE

Housing


THE MOVEMENT TO KEEP BUILDINGS FROM MAKING YOU SICK

Economy


PARIS WANTS TO KICK ‘DARK STORES’ OUT OF THE CITY CENTER




article


BLOOMBERG GREEN


Green
Southern Africa’s Biggest Man-Made Dam Drains Toward Record Low updated 33
minutes ago
Cleaner Tech


HOUSTON’S SOLUGEN WANTS TO MAKE GREENER CHEMICALS — AND PROFITS

updated an hour ago
Green


HKEX STARTS CARBON-TRADING PLATFORM MATCHING RIVAL SINGAPORE

updated 2 hours ago
New Energy


THE YEAR’S BIGGEST WINNERS IN THE SOLAR SECTOR DON’T MAKE PANELS

updated 2 hours ago
ESG


BIG TECH’S DIRTY SUPPLY CHAINS UNDERCUT CLIMATE PROMISES FROM HQ

More from Green
October 18, 2022
March 29, 2022
October 29, 2021
April 19, 2021
December 15, 2020
September 14, 2020
June 9, 2020

Terms of Service Manage Cookies Trademarks Privacy Policy ©2022 Bloomberg L.P.
All Rights Reserved
Careers Made in NYC Advertise Ad Choices Help