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Mastodon 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 Think Bigger:See how we drive impact, create opportunities and power decisions Europe Edition * UK * Europe * US * Asia * Middle East * Africa * 日本 Sign In Subscribe * Live Now * * Markets Markets * Deals * Odd Lots * The FIX | Fixed Income * ETFs * FX * Factor Investing * Alternative Investing * Economic Calendar * Markets Magazine MARKETS Hong Kongers Keep Wearing Masks Despite End of 945-Day Mandate MARKETS China Telcos Jump on Bets AI Services Will Drive Cloud Computing MARKET DATA * Stocks * Commodities * Rates & Bonds * Currencies * Futures * Sectors View More Markets * Economics Economics * Indicators * Central Banks * Jobs * Trade * Tax & Spend * Inflation & Prices ECONOMICS Russian War Unravels Consumer Economy in Ways Pandemic Never Did ECONOMICS Asia’s Factories Gather Some Speed on China Reopening Boost ECONOMICS China’s Economy Shows Strong Recovery as Covid Zero Era Ends View More Economics * Industries Industries * Consumer * Energy * Entertainment * Finance * Health * Legal * Real Estate * Telecom * Transportation TECHNOLOGY G42’s $10 Billion Tech Fund Hires JD.com Exec for China Deals BUSINESS Tesla’s Mexico Plant to Require $5 Billion Investment: Official FEATURED * Business of Sports View More Industries * Technology Technology * Code Wars * Checkout * Prognosis TECHNOLOGY Twitch Streamer Kai Cenat Breaks Platform’s Subscription Record HYPERDRIVE Rivian Slumps With Full-Year Output Below Estimates TECHNOLOGY Coupang’s Slowing Sales Growth Mars Second Quarterly Profit View More Technology * Politics Politics * US * UK * Americas * Europe * Asia * Middle East POLITICS Two Trains Collide in Greece Leaving At Least 32 People Dead POLITICS Nigeria Latest: Tinubu Wins Presidency; Opposition Cries Foul FEATURED * Next China View More Politics * Wealth Wealth * Investing * Living * Opinion & Advice * Savings & Retirement * Taxes * Reinvention WEALTH World’s Rich Take Advantage as $1 Trillion Property Market Craters WEALTH Student Debt Was a Fraction of Today’s for Justices Weighing Relief FEATURED * How to Invest View More Wealth * Pursuits Pursuits * Travel * Autos * Homes * Living * Culture * Style REAL ESTATE New York City’s Luxury Housing Is Now More Expensive Than London’s BUSINESSWEEK Why Now Is The Best Time to Go to Dubai and Eat Like a King FEATURED * Screentime * New York Property Prices * Where to Go in 2022 View More Pursuits * Opinion Opinion * Business * Finance * Economics * Markets * Politics & Policy * Technology & Ideas * Editorials * Letters JOHN AUTHERS Exuberant US Consumers Are Fatiguing LIONEL LAURENT Sweden Is Ditching Cash. Just Wait for the Fallout RACHEL SANDERSON The Golden Visa Doors Are Closing. But Windows Are Open. 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 BUSINESSWEEK The NFL’s Top Talent Agency Bought by Venture Investors FINANCE The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales TECHNOLOGY Microsoft Expands Game Pass as Regulators Fret Over Activision Deal View More Businessweek * Equality Equality * Corporate Leadership * Capital * Society * Solutions EQUALITY A New Era of Books Helps Black Workers Navigate Corporate America EQUALITY Japan’s Birth Rate Declines Again, Plunging to a Record Low FEATURED * In Trust Podcast View More Equality * Green Green * New Energy * ESG Investing * Weather & Science * Electric Vehicles * Climate Politics * Greener Living * Cleaner Tech GREEN EU Reaches Landmark Deal to Fight Greenwashing in Bond Market GREEN Singapore Fund Seeks $125 Million for Stoves in India, Kenya FEATURED * Data Dash * Hyperdrive View More Green * CityLab CityLab * Design * Culture * Transportation * Economy * Environment * Housing * Justice * Government * Technology CITYLAB Richest Atlanta District Inches Closer to Seceding From City TRANSPORTATION NYC’s Shadow Transit Network Seeks a Greener Future CITYLAB Kansas City’s $1.5 Billion Airport Renovation Spurs Hopes for Business Boom View More CityLab * Crypto Crypto * Decentralized Finance * NFTs * Regulation * Technology CRYPTO Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm CRYPTO Celsius Examiner Report Mentions FTX More Than 150 Times. Why? (Podcast) CRYPTO Will Smoking-Monkey JPEGs Clog Up Bitcoin’s Blockchain? (Podcast) View More Crypto * More -------------------------------------------------------------------------------- S&P 500 3,970.15 -0.30% Nasdaq 11,455.54 -0.10% Crude Oil 77.65 +0.78% US 10 Yr 3.94 -0.19% Euro 1.06 +0.30% Dow Jones 32,656.70 -0.71% Russell 2000 1,896.99 +0.04% Gold 1,843.20 +0.35% Silver 21.14 +1.09% Nikkei 225 27,516.53 +0.26% Hang Seng 20,566.53 +3.95% FTSE 100 7,876.28 -0.74% DAX 15,365.14 -0.11% Pound/Dollar 1.21 +0.27% Dollar/Yen 136.32 +0.11% Bitcoin 23,755.80 +2.63% Ethereum 1,654.70 +3.04% BackForward article Economics Russian War Unravels Consumer Economy in Ways Pandemic Never Did 2 hours ago Cybersecurity The Satellite Hack Everyone Is Finally Talking About 2 hours ago Politics Ukraine Signals It May Be Forced to Abandon Bakhmut to Russians Politics Ukraine Latest: US Sees No Sign Its Weapons Are Going Astray updated 4 hours ago LATEST Crypto Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm Suvashree Ghosh updated 27m ago Green EU Reaches Landmark Deal to Fight Greenwashing in Bond Market John Ainger updated 1h ago Markets Hong Kongers Keep Wearing Masks Despite End of 945-Day Mandate Kari Lindberg updated 1h ago Markets China Telcos Jump on Bets AI Services Will Drive Cloud Computing Bloomberg News updated 2h ago Business China’s Local Finances Mostly ‘Stable,’ Finance Minister Says Bloomberg News updated 2h ago MOST READ Unable to load stories at this time. Retry article City of London World’s Rich Take Advantage as $1 Trillion Property Market Craters New York City’s Luxury Housing Is Now More Expensive Than London’s UK Homebuyers Are Getting the Biggest Discounts in Over Five Years World’s Rich Reveal How They Spend Their Billions on UK Property Markets FIVE THINGS YOU NEED TO KNOW TO START YOUR DAY Get up to speed with what the markets are monitoring. updated an hour ago Consumer JUST EAT TAKEAWAY FULL-YEAR SALES RISE ON ORDER GROWTH Revenue increased about 4% to €5.6 billion in 2022. an hour ago Markets EUROPEAN INVESTORS RIDING BUYBACK BOOM FACE RISK OF PULLBACK The boost may not last. 2 hours ago Politics NIGERIA LATEST: TINUBU WINS PRESIDENCY; OPPOSITION CRIES FOUL Bola Tinubu takes the reins of Africa’s biggest economy as it confronts a deepening fiscal crisis. updated an hour ago Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration 0:00 Loaded: 0% 0:00 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 Politics TWO TRAINS COLLIDE IN GREECE LEAVING AT LEAST 32 PEOPLE DEAD updated an hour ago The Big Take FINANCE IS FAILING THE WORLD’S BEST DEFENSE AGAINST CLIMATE CHANGE OPINION John Authers EXUBERANT US CONSUMERS ARE FATIGUING The strong US data at the beginning of the year may have been a blip amid signs of belt-tightening as rates rise and a recession looms. Meanwhile, Europe may have a more serious inflation problem. Lionel Laurent SWEDEN IS DITCHING CASH. JUST WAIT FOR THE FALLOUT Switching to digital money risks shutting out some of the most vulnerable members of society. Rachel Sanderson THE GOLDEN VISA DOORS ARE CLOSING. BUT WINDOWS ARE OPEN. Southern Europe needs capital from oligarchs and digital nomads even if it widens inequality. Leonid Bershidsky IT’S NOT UKRAINE’S ‘PEACE FOR OUR TIME’ MOMENT Amid growing calls from outsiders for concessions to end the war, President Volodymr Zelenskiy still has very good reasons to stay away from the negotiating table. Jessica Karl IF HEALTH IS WEALTH, AMERICA IS DIRT POOR In 2021, life expectancy in the US fell to 76.1 years — a figure that hasn’t been seen since 1996. Parmy Olson SORRY, TWITTER. ELON FOUND HIS NEXT SHINY OBJECT. A grand new AI mission awaits the erratic billionaire while his social media platform loses more staff, advertisers and credibility. More from Opinion OPINION John Authers EXUBERANT US CONSUMERS ARE FATIGUING The strong US data at the beginning of the year may have been a blip amid signs of belt-tightening as rates rise and a recession looms. Meanwhile, Europe may have a more serious inflation problem. Lionel Laurent SWEDEN IS DITCHING CASH. JUST WAIT FOR THE FALLOUT Switching to digital money risks shutting out some of the most vulnerable members of society. Rachel Sanderson THE GOLDEN VISA DOORS ARE CLOSING. BUT WINDOWS ARE OPEN. Southern Europe needs capital from oligarchs and digital nomads even if it widens inequality. Leonid Bershidsky IT’S NOT UKRAINE’S ‘PEACE FOR OUR TIME’ MOMENT Amid growing calls from outsiders for concessions to end the war, President Volodymr Zelenskiy still has very good reasons to stay away from the negotiating table. Jessica Karl IF HEALTH IS WEALTH, AMERICA IS DIRT POOR In 2021, life expectancy in the US fell to 76.1 years — a figure that hasn’t been seen since 1996. Parmy Olson SORRY, TWITTER. ELON FOUND HIS NEXT SHINY OBJECT. A grand new AI mission awaits the erratic billionaire while his social media platform loses more staff, advertisers and credibility. More from Opinion Corporate distress, bankruptcies and turnaround stories Get The Brink newsletter, delivered Tuesdays and Fridays Sign Up Bloomberg may send me offers and promotions. By submitting my information, I agree to the Privacy Policy and Terms of Service Businessweek WHY NOW IS THE BEST TIME TO GO TO DUBAI AND EAT LIKE A KING updated an hour ago Technology TWITCH STREAMER KAI CENAT BREAKS PLATFORM’S SUBSCRIPTION RECORD Travel LUFTHANSA TRAVELERS FACE AGONY OF CHOICE WITH MANY SEAT OPTIONS ONE YEAR OF WAR Politics & Policy IT’S NOT UKRAINE’S ‘PEACE FOR OUR TIME’ MOMENT updated 2 hours ago Politics TOP US, CHINESE DEFENSE OFFICIALS HAVEN’T SPOKEN IN THREE MONTHS Politics US IS CLOSELY WATCHING RUSSIA’S ATTEMPT TO EVADE SANCTIONS, BLINKEN SAYS Politics RUSSIA’S INVASION OF UKRAINE: A POLITICAL YEAR IN PHOTOS More coverage STORIES FOR YOU WORK SHIFT Work Shift UK BUSINESS GROUP PUSHES FOR MORE WORK-FROM-HOME FLEXIBILITY Work in Progress WORK SHIFT: YOU’VE LOST YOUR JOB. NOW WHAT? FIVE WAYS TO COPE QuickTake WHY UNLIMITED VACATION ISN’T AS GREAT AS IT SOUNDS Working Assumptions THINK GLOBALLY, ACT LOCALLY: HOW CITIES ARE ADAPTING TO THE SUBURBAN SHIFT More from Work Shift CRYPTO Crypto SINGAPORE CRYPTO LENDER HODLNAUT'S FOUNDERS PROPOSE SELLING BUSINESS RATHER THAN LIQUIDATING FIRM updated 27 minutes ago Markets THERE WAS NOWHERE FOR INVESTORS TO HIDE IN FEBRUARY'S MARKET REVERSAL Markets PAUL TUDOR JONES-BACKED QUANT MANAGER RETURNS 20% USING CROWDSOURCED IDEAS Finance THE SPAC FAD IS ENDING IN A PILE OF BANKRUPTCIES AND FIRE SALES More from Crypto EQUALITY Business MAXWELL SAYS ‘SCAPEGOAT’ SEX-ABUSE CONVICTION SHOULD BE TOSSED updated 4 hours ago Politics LIGHTFOOT IS FIRST CHICAGO MAYOR TO LOSE REELECTION IN 40 YEARS updated 4 hours ago Markets SOCIALITE’S DEATH SHOWS HONG KONG PROPERTY MARKET’S DARK SIDE Wealth ENDOWMENT PROS LOOK TO FUNNEL TRILLIONS TO DIVERSE FUND MANAGERS More from Equality Business as you've never seen. UP NEXT * On Now Idea Generation: FUTURA * 02:30 AM Idea Generation: Beth Birket * 03:05 AM Idea Generation: Alchemist * 03:50 AM Idea Generation: Ibrahim Hamad 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 IDEA GENERATION: FUTURA Street Art pioneer FUTURA started painting his name on walls as a coping mechanism to deal with his struggle around identity. But as he turned a signature into a brand he quickly realized that it could also be a business. And that's where things got interesting. Start Watching And streaming on your TV: * * * * * One Year of War in Ukraine: The Global Impact The Future With Hannah Fry Nigeria's Currency Crisis Jonathan Scott's Eco-Friendly 'Genius Home' BLOOMBERG WEALTH Wealth STUDENT DEBT WAS A FRACTION OF TODAY’S FOR JUSTICES WEIGHING RELIEF Wealth GOLDMAN’S ‘CONFUSING’ MESSAGE WEIGHS ON STOCK AS SOLOMON’S PITCH FIZZLES Wealth GOLDMAN’S PARTNERS ARE BEHIND ITS STRATEGY EVEN WITH CONSUMER LOSSES, WALDRON SAYS Wealth THIS UPSTART MUSEUM NOW HAS A MET-SIZED ENDOWMENT More on Wealth CityLab RICHEST ATLANTA DISTRICT INCHES CLOSER TO SECEDING FROM CITY Transportation NYC’S SHADOW TRANSIT NETWORK SEEKS A GREENER FUTURE CityLab KANSAS CITY’S $1.5 BILLION AIRPORT RENOVATION SPURS HOPES FOR BUSINESS BOOM Design FATHER-AND-SON ARCHITECTS LEAVE MULTIGENERATIONAL MARKS ON A COLUMBUS LIBRARY article BLOOMBERG GREEN Green EU Reaches Landmark Deal to Fight Greenwashing in Bond Market updated an hour ago Green SINGAPORE FUND SEEKS $125 MILLION FOR STOVES IN INDIA, KENYA 2 hours ago Green BIDEN TO SET IN MOTION GASOLINE POLICY SHIFT TO BOLSTER ETHANOL Hyperdrive US POSTAL SERVICE TO BUY 9,250 ELECTRIC VEHICLES FROM FORD Green REFRIGERATED “QUEEN BANKS” COULD HELP SAVE HONEYBEES More from Green November 8, 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 ©2023 Bloomberg L.P. 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