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Skip to content Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support * BLOOMBERG Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world FOR CUSTOMERS * Bloomberg Anywhere Remote Login * Software Updates * Manage Products and Account Information SUPPORT Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 * COMPANY * About * Careers * Diversity and Inclusion * Tech At Bloomberg * Philanthropy * Sustainability * Bloomberg London * Bloomberg Beta * Gender-Equality Index COMMUNICATIONS * Press Announcements * Press Contacts FOLLOW * Facebook * Instagram * LinkedIn * Twitter * YouTube * PRODUCTS * Bloomberg Terminal * Data * Trading * Risk * Compliance * Indices INDUSTRY PRODUCTS * Bloomberg Law * Bloomberg Tax * Bloomberg Government * BloombergNEF * MEDIA * Bloomberg Markets * Bloomberg Technology * Bloomberg Pursuits * Bloomberg Politics * Bloomberg Opinion * Bloomberg Businessweek * Bloomberg Live Conferences * Bloomberg Radio * Bloomberg Television * News Bureaus MEDIA SERVICES * Bloomberg Media Distribution * Advertising * COMPANY * About * Careers * Diversity and Inclusion * Tech At Bloomberg * Philanthropy * Sustainability * Bloomberg London * Bloomberg Beta * Gender-Equality Index COMMUNICATIONS * Press Announcements * Press Contacts FOLLOW * Facebook * Instagram * LinkedIn * Twitter * YouTube * PRODUCTS * Bloomberg Terminal * Data * Trading * Risk * Compliance * Indices INDUSTRY PRODUCTS * Bloomberg Law * Bloomberg Tax * Bloomberg Government * Bloomberg Environment * BloombergNEF * MEDIA * Bloomberg Markets * Bloomberg Technology * Bloomberg Pursuits * Bloomberg Politics * Bloomberg Opinion * Bloomberg Businessweek * Bloomberg Live Conferences * Bloomberg Radio * Bloomberg Television * News Bureaus MEDIA SERVICES * Bloomberg Media Distribution * Advertising * BLOOMBERG Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world FOR CUSTOMERS * Bloomberg Anywhere Remote Login * Software Updates * Manage Contracts and Orders SUPPORT Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Sign InSubscribeSearch Live TVMarkets Chevron Down EconomicsIndustriesTechPoliticsBusinessweekOpinionMore Chevron Down Europe Edition Chevron Down Menu Subscribe Top Securities Chevron Down Top Securities Chevron Down S&P 500 5,196.98 Arrow Up +0.97% Nasdaq 16,214.39 Arrow Up +1.03% US 10 Yr 4.38 Arrow Down –0.53% FTSE 100 7,908.50 Arrow Down –0.84% Crude Oil 87.26 Arrow Up +0.77% Gold 2,339.20 Arrow Up +1.33% Euro 1.08 Arrow Down –0.08% Pound/Dollar 1.26 Arrow Down –0.17% BackForward George Frey/Bloomberg Blowout Jobs Data Raise Chance of Delayed, Fewer Fed Rate Cuts US payrolls rose in March by the most in nearly a year. about 2 hours ago El-Erian Sees Two Fed Rate Cuts This Year Despite Strong Data Source: AFP/Getty Images Israel Dismisses Two Officers After Deadly Aid Convoy Strike “The strike on the aid vehicles was a grave mistake stemming from a serious failure,” the Israel Defense Forces says. Watch (3:09) Biden Pressures Israel to Protect Civilians in Gaza 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 * 2x * 1.5x * 1.25x * 1x, selected * 0.75x * 0.5x 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. Argentines Willing to Suffer to End Populism, Milei Says Argentines Willing to Suffer to End Populism, Milei Says Play Play 5:30 Watch: Argentines Willing to Suffer to End Populism, Milei Says Exclusive Milei Sees Long Slog Ahead to Deliver Reforms in Argentina "We have to separate short-term problems from long-term problems," Milei says. The Big Take Argentina’s Javier Milei Talks Up His Peso Plans, China, Trump and Israel The Wild Man of Argentina Bends to China Reality LATEST All categories Chevron Down 16 min Fed’s Logan Says ‘Much Too Soon’ to Think About Cutting Rates 26 min How Steve Eisman’s Investing in AI and Infrastructure 30 min NATO Ukraine Fund to Ensure More States Pay, Alliance Chief Says 35 min Chesapeake’s $7.4 Billion Southwestern Takeover Delayed by FTC 40 min Allianz to Sell Some US Insurance Businesses for $450 Million 45 min Trump SPAC Deposition Set For Same Day His Criminal Trial Begins Danielle Villasana/Bloomberg Turkey’s Trade Boom With Russia Stalls Under Weight of Sanctions It's a key supply line for Moscow and one the US and European Union say fuels Putin's war in Ukraine. about 9 hours ago Turkey Joins NATO Allies in Suspending Europe Arms Treaty BLOOMBERG OPINION Bloomberg Opinion Conscription Panic Isn't the Debate Europe Needs Ukraine’s struggle for younger, able-bodied fighters is reverberating around the old continent. Governments must plan, not panic. By Lionel Laurent, Columnist Louis Vuitton Totes and Dior Micro Bags Can Save Luxury By Andrea Felsted, Columnist Goldman Sachs’ Women Still Look Underpaid By Paul J. Davies, Columnist How Seriously You Should Take the Market Pullback By John Authers, Columnist Earthquake in Northern New Jersey Rattles Manhattan Offices Tremors were felt throughout the New York City area causing buildings to shake on Friday morning in a 4.8 magnitude earthquake. 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 * 2x * 1.5x * 1.25x * 1x, selected * 0.75x * 0.5x 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. 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UAE Nears $1T in Exchanges UAE Nears $1T in Exchanges Play Play 2:07 Reuters The Sheikh Who Dominates One of the World’s Hottest Stock Markets The UAE’s exchanges approach $1 trillion in value as Abu Dhabi’s index almost triples since April 2020. Get the Paris Edition newsletter What’s happening in France's finance industry, delivered weekly. Bloomberg may send me offers and promotions. Plus Signed UpPlus Sign UpPlus Sign Up By submitting my information, I agree to the Privacy Policy and Terms of Service. Bloomberg News Now Listen to the latest news: New Jersey Quake, March Jobs Surge, More Arrow Right 5:06 updated 24 min ago LATEST All categories Chevron Down 16 min Fed’s Logan Says ‘Much Too Soon’ to Think About Cutting Rates 26 min How Steve Eisman’s Investing in AI and Infrastructure 30 min NATO Ukraine Fund to Ensure More States Pay, Alliance Chief Says 35 min Chesapeake’s $7.4 Billion Southwestern Takeover Delayed by FTC 40 min Allianz to Sell Some US Insurance Businesses for $450 Million 45 min Trump SPAC Deposition Set For Same Day His Criminal Trial Begins Get the Paris Edition newsletter What’s happening in France's finance industry, delivered weekly. Bloomberg may send me offers and promotions. Plus Signed UpPlus Sign UpPlus Sign Up By submitting my information, I agree to the Privacy Policy and Terms of Service. Get the Brussels Edition newsletter A daily briefing on what matters most in the heart of the European Union. Bloomberg may send me offers and promotions. Plus Signed UpPlus Sign UpPlus Sign Up By submitting my information, I agree to the Privacy Policy and Terms of Service. ECB Seen Cutting Interest Rates Once a Quarter Starting in June Iceland’s Prime Minister Steps Down to Run for President Tesla Offers Steep Discounts on SUVs Piling Up in Inventory BLOOMBERG BUSINESSWEEK Illustration: Thomas Colligan for Bloomberg Businessweek The Case Against Crowdfunding in the Work Chat Meta employees lost big on real estate investments touted by a colleague. By Aisha Counts 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 Fixing Boeing’s Broken Culture Starts With a New Plane A narrow focus on cost-cutting led to compromises that plunged the company into crisis. Goodbye Chairman, Hello Chair. The Gendered Title Is Fading Away But thousands of filings reveal that the rate of S&P 500 companies changing to gender-neutral language is slowing amid an anti-DEI backlash. 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 How Steve Eisman’s Investing in AI and Infrastructure And his literary theory of Spider-Man. Chesapeake’s $7.4 Billion Southwestern Takeover Delayed by FTC Allianz to Sell Some US Insurance Businesses for $450 Million Justice Department Can Reopen Realtors Case, Court Rules Wealthy Investors Want Americans to Play More Golf in New Zealand BLOOMBERG ORIGINALS 47:32 The Deal Episode 6: Gerry Cardinale 47:32 10:21 The Race to Prove Bidenomics Is Working 10:21 11:06 How Texas Unleashed an Immigration Firestorm 11:06 3:46 The Battle of the Trading Card Giants 3:46 TECHNOLOGY AICybersecurityScreentimeTech Daily Newsletter Meta Stops Removing Some AI-Generated Posts, Even If Misleading UK Watchdog Stalls On Fine That Threatens Thames Water’s Future FTX Offloads Giant Solana Pile in Sale Drawing Galaxy, Pantera Digi to Sell Fiber to Macquarie-Led Group for €750 Million Samsung to Hike Texas Chip Spending to $44 Billion, WSJ Says POLITICS NATO Ukraine Fund to Ensure More States Pay, Alliance Chief Says Trump SPAC Deposition Set For Same Day His Criminal Trial Begins Ukrainian Drone Swarm Attacks Military Airfield Inside Russia Venezuela to Grant Passage to Top Machado Aides to Argentina INDUSTRIES Real EstateEnergyHealthElon Inc. Podcast Andrew Caballero-Reynolds/AFP/Getty Images Mercedes Workers in Alabama Push for Vote to Unionize Krispy Kreme Jumps After Piper Calls McDonald’s Pact a ‘Game Changer’ Baltimore Port May Reopen by End of May on ‘Ambitious’ Timeline J&J to Buy Shockwave for $13 Billion in Medical Device Play AstraZeneca Says Key Lung Cancer Drug Improved Survival EXPLAINERS How Aston Martin Outran a Billion-Dollar Debt Time Bomb Why the G-20 ‘Common Framework’ for Debt Relief Isn’t Helping Poor Nations Why Americans Are Concerned About the Budget Deficit — Again Who Polices the Border? The Texas Battle, Explained GREEN New EnergyGreener LivingESG InvestingZero Podcast Jordan Vonderhaar/Bloomberg Nearly 3 Million People in US Face Critical Fire Risks: Weather Watch Weather conditions ripe for wildfires across parts of Colorado, Kansas, Oklahoma, New Mexico and the Texas Panhandle are on Bloomberg Green’s radar today. Can Toothpaste Tubes Be Recycled Across the US? It’s Getting Closer Drier-Than-Usual El Nino Made Jakarta Pollution Worst in 4 Years US Homes Face Costly Retrofits for Induction Stoves, EV Chargers Protests and Prices Push Europe Into Remaking Its Green Deal PURSUITS Four Seasons’ New Yacht Cruises Come With Record-High Price Tags A24’s American Civil War Doesn’t Take Sides. And It’s Terrifying Travel Will Add a Record $11.1 Trillion to the Global Economy in 2024 The Best TV and Movies in Theaters and on Streaming This Spring ECONOMICS Inflation & PricesIndicatorsCentral BanksEconomics Daily Newsletter Shelby Tauber/Bloomberg Fed’s Logan Says ‘Much Too Soon’ to Think About Cutting Rates Milei Says His Four Cloned Dogs Chose Their Own Economist Names Here Are the Key Takeaways From US Jobs Report for March Bank of Italy Sticks With Lower Growth Forecast Than Meloni US Jobs Roar Again as Payrolls Jump 303,000, Unemployment Drops CITYLAB NYC’s Displaced Ukrainians Weigh Ditching City for War-Torn Home NYC Congestion Pricing Fight Threatens MTA’s Progress on Debt Costs The Good, the Bad and the Ugly of DC Metro’s Design and Wayfinding Evolution Brooklyn Waterfront Condos Open as Williamsburg’s Building Boom Nears End WORK + LIFE Work ShiftEqualityBusiness of Sports Newsletter Source: Pollo Campero Fried Chicken Chain Cut Worker Steps by 9,000 a Day to Save Cash High labor costs, including a California minimum wage bump to $20, make saving steps — and cash — critical. Novartis Seeks Malaria Patients in New Places as Climate Shifts Goldman’s UK Gender Pay Gap Reaches Highest Level Since 2017 EuroLeague Taps LionTree as It Mulls Sale of Minority Stake Bond Firm Sued by Ex-Employee, Claiming Lapses With HBCU Loans MARKETS MAGAZINE Source: Reuters The Sheikh Who Dominates One of the World’s Hottest Stock Markets The UAE’s exchanges approach $1 trillion in value as Abu Dhabi’s index almost triples since April 2020. By Farah Elbahrawy, Julia Fioretti and Ben Bartenstein 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. Ecopetrol Board Blasts Anti-Oil President Petro’s Nominees as Unfit 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? 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