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One unexpected consequence of the close race between Trump and Harris: voters
may turn to retail therapy as an escape from electio
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👋 GOOD AFTERNOON.

This tiny startup is helping Musk’s Grok with image generation. Zoom gave a
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Banks Obtained Crucial Jobs Data While Report Was Delayed
When the data was released, it showed payrolls will likely be revised down by
the steepest markdown since 2009.
about 2 hours ago
Fair Access to US Data Questioned Yet Again After Delayed Report
Patrick T. Fallon/Bloomberg
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Western Asset’s Leech Leaves CIO Role Amid SEC, DOJ Probes
As co-CIO, Leech is a veteran fixed-income investor who manages some of the
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US Probes How Western Asset Allocated Trades for Client Accounts


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Tim Walz Looks To Keep Momentum Going, Fed Case For Cut

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TD Takes $2.6 Billion Hit on US Probe, Sells Schwab Shares
The core allegations are that it failed to catch money laundering and other
financial crimes at several US branches.
about 11 hours ago
TD’s US Retail Bank, Once Prized, Now Drags Down Its Stock Price


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40 min
PwC Expects Six-Month Ban in China for Evergrande Audit, FT Says
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Circle K Will Pry My Slurpee From My Cold, Dead Hands
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By Jessica Karl, Columnist
Democrats Made Abortion Personal. Trump Has No Rebuttal.
By Nia-Malika Henderson, Columnist
Homes Will Be Affordable Again – Just Not Anytime Soon
By Conor Sen, Columnist
Trump’s Allies Are Creating More Election Chaos in Georgia
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about 10 hours ago
How Mike Lynch’s Luxury Yacht Sank Within Minutes
Michael Kovac/Getty Images
Bronfman Raises Offer for Paramount Global to $6 Billion
Paramount has already accepted an offer from Skydance, the film and TV company
led by technology heir David Ellison. As part of their agreement, the company
can solicit and consider other offers until 11:59 p.m. New York time.
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The Big Take
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Industry
Boeing faces upstarts like EHang and Joby as air travel enters a new era of
uncrewed flight.


👋 GOOD AFTERNOON.

This tiny startup is helping Musk’s Grok with image generation. Zoom gave a
sales forecast for the current quarter that beat analysts’ estimates. And
traders trying to buy the dip on Mexico’s peso can’t catch a break.

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Bloomberg News Now


LISTEN TO THE LATEST:

Tim Walz Looks To Keep Momentum Going, Fed Case For Cut

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4:34

updated 1 hr ago



LATEST

All categories

Chevron Down
15 min
Wamco’s Longtime Bond King Is Thrust Into Spotlight He Shunned
19 min
Whitehaven Coal to Sell Blackwater Stake for $1.08 Billion
29 min
Yen’s Rebound Threatens Earnings Growth in Japan
40 min
PwC Expects Six-Month Ban in China for Evergrande Audit, FT Says
50 min
Korean Stock Bulls Pin Hopes on Fed Rate Cuts for Revival
1 hr
Ex-Vitol Trader Faces 40 Years in Jail After Bribery Case Plea
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Loan Shark Freed by Trump Charged With Punching Wife, 75-Year-Old Father-in-Law

Disney Names Gorman to Lead CEO Succession Planning Effort

1:55

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Apple’s App Store Head to Leave in Reorganization Amid Global Scrutiny
1:55





BLOOMBERG BUSINESSWEEK

How to Deal With Mobile Phones at School
New York City and Los Angeles plan to ban phones in their districts, but finding
ways to implement and enforce the policies may prove tricky.
By Nic Querolo


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How Legal Sports Betting Changed EverythingWhat Happens When Ozempic Takes Over
Your TownInside Worldcoin's Orb Factory

Can You Solve This Insider-Trading Puzzle in Seven Clues or Less?
Keep your pen and paper handy.

Singapore’s Wooden Building of the Future Has a Mold Problem
Timber construction promises a greener future, but the technology must be
adapted to various climates.
Musk Gets the Warlord Seal of Approval for the Cybertruck
This week on Elon, Inc., Chechnya’s Ramzan Kadyrov looks to give Elon’s
poorly-selling vehicle a boost, gun turret and all.


MARKETS

ETFsCryptoDeals
Patrick T. Fallon/Bloomberg
Wamco’s Longtime Bond King Is Thrust Into Spotlight He Shunned
Five Things You Need to Know to Start Your Day: Asia
Yen’s Rebound Threatens Earnings Growth in Japan
Listen (52:15)
Odd Lots: How Banks Get Risk Off Their Balance Sheets

Newsletter: The Brink
Cash-Rich Firms Delay Restructuring Talks After Cheap Borrowing


BLOOMBERG ORIGINALS

9:28

Is Milei’s Plan to Save Argentina Working?
9:01

How War Made King Crab Big Business in Norway
9:27

The Dirty Secret Behind the Green Hydrogen Push
31:52

Bloomberg Investigates
The Money Doctor





SPACE

Bezos’ Blue Origin Suffers Fiery Setback Building New Rocket
SpaceX Is About to Add Spacewalking to Its Arsenal
The Pentagon’s Top Rocket Launcher Is Behind Profit Goals and Losing Staff
NASA Still Deciding Whether Astronauts Will Go Home This Year


TECHNOLOGY

AICybersecurityScreentime
Yuki Iwamura/Bloomberg
Ex-FTX Executive Salame Says US Broke Deal on Girlfriend Probe
Snowflake Gives Outlook That Fails to Calm Investors on AI
Zoom Projects Better-Than-Expected Sales on New Products
Watch (4:49)
Mark Zuckerberg’s Open Source AI Play

Newsletter: Tech Daily
In Venture Capital, the Rich Get Richer


WEALTH

Tycoons Behind Taiwan's 'Silicon Shield' Build a $50 Billion Fortune
Hedge Fund Tribeca Says Weak Bank Research Fueled Its 19% Gain
Millennium Senior Fuels Trader Leaves Amid Energy Team Changes
NYC's Rent Surge Drives 86-Year-Old to Move in With a 'Boommate'


POLITICS

US ElectionUKEuropeMiddle EastAsia
NZ Government Wants Mayors to Tighten Belts, Rein in ‘Fantasies’
Trump Says It’s Hard to Talk Policy With Obamas Attacking Him
Harris-Walz Ticket Gives Iowa Democrats Hopes of Winning Seats
Newsletter: Washington Edition
What Minnesota Can Tell the US About Harris VP Tim Walz

Listen (16:14)
Big Take DC: Inside the Battleground State Economy


EXPLAINERS

FTC’s Noncompete Ban Got Struck Down. What Happens Next?
Trump, Harris and the State-by-State Battle Over Abortion in the US
Why Royal Insult Law Is a Faultline in Thai Politics
What to Know About Paetongtarn Shinawatra, Thailand’s New and Youngest Prime
Minister


INDUSTRIES

LegalEnergyHealth
Stephanie Keith/Bloomberg
Ex-Vitol Trader Faces 40 Years in Jail After Bribery Case Plea
Australia, Kongsberg to Build Long-Range Missiles in Newcastle
Deutsche Bank Sees €430 Million Gain After Deal in Postbank Case
Listen (35:58)
The Deal: Keith Dawkins on the Harlem Globetrotters

Newsletter: Business of Space
SpaceX Is About to Add Spacewalking to Its Arsenal





GREEN

New EnergyGreener LivingESG Investing
Dwayne Senior/Bloomberg
TotalEnergies’ Ad Found ‘Misleading’ Over Sustainability Claim
BlackRock Cuts Backing for Climate, Social Shareholder Proposals
How Big Tech Is Obscuring AI’s Climate Impact: Green Daily
Listen (30:47)
Zero: How the Humble Refrigerator Changed the World

Watch (1:45)
An Optimist's Guide to the Planet Trailer


PURSUITS

Beyoncé Partners With Moët Hennessy on a New American Whisky
Glass That Glows? You’ve Never Seen a Mechanical Watch Like This
Bunk Beds Are the Trendiest New Amenity at Luxury Hotels
The New Mercedes-Maybach SL Convertible Stands Against Quiet Luxury


ECONOMICS

Inflation & PricesIndicatorsCentral Banks
Kiyoshi Ota/Bloomberg
BOJ’s Ueda Is Set to Face Intense Scrutiny After Market Chaos
Brazil Sees Steel Imports Spike Despite Protection Measures
Argentina Economy Contracted in June as Recession Grinds On
Newsletter: Economics Daily
Powell Seen Laying Out the Descent on Rates at Jackson Hole

Listen (26:59)
Bloomberg Surveillance: Markets and DNC


CITYLAB

Chicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host City
With Self-Driving Vans, Hamburg Tries to Make Microtransit Work
UK Transport Minister Clears Path for More 20mph Speed Zones
The Serious Work That Free Play Can Do





WORK + LIFE

Work ShiftEqualityBusiness of Sports
Mel Musto/Bloomberg
MIT's Drop in Black Students Shows Fallout From Top Court Ruling
The enrollment numbers give an early indication of how US colleges are grappling
with a Supreme Court decision that banned race as a factor in admissions.
Mpox Vaccine Plan Aims to Avoid Covid Debacle in Africa
Gap Between Work and School Hours Is Costly for Parents and Businesses
Watch (24:01)
Women's Soccer Wants to Be More Like the NFL

Newsletter: Equality
Edward Blum’s American Alliance for Equal Rights Scores A Win — Sort Of


MARKETS MAGAZINE

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


MORE FROM THIS ISSUE:

Electric Cable Companies Are Making a KillingHow Climate Protests Are Bringing
the Fight to BankersBetting On the Energy Transition Has Turned Painful

Why Almost Nobody Is Buying Green Hydrogen
The vast majority of projects don’t have a single customer stepping up to buy
the fuel.

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.
What the History-Making Elections of 2024 Could Mean for Energy
A new government in the UK, gridlock in France and the dramatic face-off in the
US will have consequences for investment and the transition to clean fuels.


STORIES FOR YOU

8:37

Trump Is About to Get the All-Clear to Cash In on Media Shares
3:13

Fed Confronts Up to a Million US Jobs Vanishing in Revision
NYC Offers $174,000 West Side Co-Ops Close to Central Park
Lynch and Other Bayesian Yacht Passengers Feared Dead, Coast Guard Says
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