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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 BUSINESS Your Sunday Asia Briefing: Adani Results, BOJ’s Ueda, Super Bowl MARKETS Japan’s LDP Policy Head Says Monetary Policy Has Room for Reform MARKET DATA * Stocks * Commodities * Rates & Bonds * Currencies * Futures * Sectors View More Markets * Economics Economics * Indicators * Central Banks * Jobs * Trade * Tax & Spend * Inflation & Prices ECO WEEK AHEAD US Consumer Prices May Show Fed Has More Work to Do ECONOMICS Charting the Global Economy: Mexico, Iceland Amp Inflation Fight CENTRAL BANKS ‘Japan’s Ben Bernanke’ Shows MIT’s Sway, With Ueda Eyed for BOJ View More Economics * Industries Industries * Consumer * Energy * Entertainment * Finance * Health * Legal * Real Estate * Telecom * Transportation TECHNOLOGY Amazon Subsidiary Zappos Lays Off Around 20% of Staff, DJ Says HYPERDRIVE Tesla Shareholder Gerber Pursues Board Seat to Rein in Musk FEATURED * Business of Sports View More Industries * Technology Technology * Code Wars * Checkout * Prognosis TECHNOLOGY Coolant Leak at Russian Spacecraft, Station Crew Safe TECHNOLOGY Social Media Buzz: Lyft, Alaska, Anna Paulina Luna, Rihanna TECHNOLOGY Amazon Subsidiary Zappos Lays Off Around 20% of Staff, DJ Says View More Technology * Politics Politics * US * UK * Americas * Europe * Asia * Middle East POLITICS Scholz’s SPD Party Facing Election Setback in Repeat Berlin Vote POLITICS NATO Chief Stoltenberg Will Extend Tenure to April 2024: Welt FEATURED * Next China View More Politics * Wealth Wealth * Investing * Living * Opinion & Advice * Savings & Retirement * Taxes * Reinvention WEALTH Izzy Englander’s Wife Withdraws Suit Over Post-Nuptial Agreement WEALTH Trump’s 40 Wall St. Put on Lender Watch as Vacancies, Costs Rise FEATURED * How to Invest View More Wealth * Pursuits Pursuits * Travel * Autos * Homes * Living * Culture * Style PURSUITS Disney Streaming Tech Chief Leaves Ahead of Larger Staff Cuts PURSUITS Music Rights Firm Launches With Robbie Williams and Placebo Hits 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 STEPHEN L. CARTER Can ChatGPT Write a Better Novel Than I Can? BROOKE SAMPLE Adani Draws Parallels to Evergrande, But It’s Far More Vulnerable JUSTIN FOX If Pixar Can Do it, So Can You: ‘How Big Things Get Done’ 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 WORK SHIFT Tech Holdouts Are Making Life Hell for Their Colleagues BUSINESS Brazil’s Richest Man Loses Billions as His M&A Machine Breaks Down ECONOMICS Forget Hard or Soft Landing: Meet the Rolling Recession View More Businessweek * Equality Equality * Corporate Leadership * Capital * Society * Solutions FUTURE OF BRITISH BUSINESS UK Salesman Wins $86,000 Ageism Payout for ‘Bald’ Discrimination LEGAL Trump Offers Deal to Provide DNA in Rape-Accuser’s Suit FEATURED * In Trust Podcast View More Equality * Green Green * New Energy * ESG Investing * Weather & Science * Electric Vehicles * Climate Politics * Greener Living * Cleaner Tech WEATHER & SCIENCE Maple Syrup’s $1.5 Billion Industry Splinters as Winters Get Warmer WEATHER & SCIENCE New Zealand Braces as Cyclone Gabrielle Nears North Island FEATURED * Data Dash * Hyperdrive View More Green * CityLab CityLab * Design * Culture * Transportation * Economy * Environment * Housing * Justice * Government * Technology DESIGN In the DC Suburbs, an Artful Compromise Over Density and Housing HOUSING The Rise of the Millionaire Renters CITYLAB Super Bowl Parties Produce Tons of Trash. Phoenix Is Hoping to Fix That View More CityLab * Crypto Crypto * Decentralized Finance * NFTs * Regulation * Technology CRYPTO A $92 Billion Crypto Profit Maker Is in Line for a Shake-Up CRYPTO This Week in Crypto: Billionaires Reconcile, 'Britcoin' in Works (Podcast) CRYPTO Real World Courts Come For Digital Crypto Hackers (Podcast) View More Crypto * More -------------------------------------------------------------------------------- S&P 500 4,090.46 +0.22% Nasdaq 11,718.12 -0.61% Crude Oil 79.72 +2.13% US 10 Yr 3.73 -0.62% Euro 1.07 -0.58% Dow Jones 33,869.27 +0.50% Russell 2000 1,918.81 +0.18% Gold 1,874.50 -0.21% Silver 22.00 +0.12% Nikkei 225 27,670.98 +0.31% Hang Seng 21,190.42 -2.01% FTSE 100 7,882.45 -0.36% DAX 15,307.98 -1.39% Pound/Dollar 1.21 -0.49% Dollar/Yen 131.36 -0.17% Bitcoin 21,805.98 -0.10% Ethereum 1,534.06 -0.05% BackForward article Politics Object Shot Down Over Canada in Escalating Aerial Drama updated 4 hours ago Business US Reopens Montana Airspace After ‘Radar Anomaly’ Sparks Concern updated 4 hours ago Politics Japan Says Chinese Navy Ship Entered Its Waters Early Sunday Politics US Recovery of Object Downed Over Alaska Faces Arctic Conditions LATEST Business Your Sunday Asia Briefing: Adani Results, BOJ’s Ueda, Super Bowl Adam Majendie updated 1h ago Pursuits Disney Streaming Tech Chief Leaves Ahead of Larger Staff Cuts Lucas Shaw and Thomas Buckley 2h ago Politics NATO Chief Stoltenberg Will Extend Tenure to April 2024: Welt Agatha Cantrill 3h ago Markets Japan’s LDP Policy Head Says Monetary Policy Has Room for Reform Lisa Du and Takako Taniguchi updated 3h ago Politics Bolsonaro Says He May Return to Brazil in Coming Weeks THE ASSOCIATED PRESS (CARLA BRIDI) MOST READ Markets Clock Is Ticking Louder on a Stock Rally the Pros Never Believed In Lu Wang and Isabelle Lee Politics Meloni Says Macron Dinner With Zelenskiy Was Politically Wrong Chiara Albanese and Alessandro Speciale Politics US Downs Unknown Object Over Alaska as China Tension Grows Jordan Fabian, Iain Marlow and Jenny Leonard Business Trafigura's Nickel Nemesis Was Already Notorious in Metal Circles Jack Farchy and Archie Hunter One of the world’s biggest commodity traders faces more than half a billion dollars in losses from what it described as a ‘systematic fraud’ involving missing nickel. Markets Magazine A Prince Bets His Family’s Money on a Nightmare Real Estate Deal Will Louch Philip Radziwill, a Polish aristocrat with ties to the Kennedys, is backing a marquee skyscraper in Warsaw. Unable to load stories at this time. Retry article Crypto A $92 Billion Crypto Profit Maker Is in Line for a Shake-Up What Is Crypto Staking and Why Is the SEC Cracking Down? ‘Very Cold Crypto Winter’ Kills a Pioneer of Bitcoin Trading This Week in Crypto: Billionaires Reconcile, 'Britcoin' in Works (Podcast) Politics SCHOLZ’S SPD PARTY FACING ELECTION SETBACK IN REPEAT BERLIN VOTE an hour ago UK RISHI SUNAK IS PRIVATELY DRAFTING PLANS TO REBUILD BRITAIN’S TIES WITH THE EU Technology INDIA DISCUSSING GLOBAL CRYPTO REGULATION IN G-20, MINISTER SAYS updated an hour ago Politics QUAKE LATEST: DEATH TOLL NEARS 30,000; LOOTERS DETAINED Markets BLACKROCK, PIMCO PUSH BACK AGAINST BETS INFLATION COOLING FAST Politics BBC CHAIR MADE SERIOUS ERROR BY NOT DISCLOSING PM LOAN, MPS SAY Eco Week Ahead US CONSUMER PRICES MAY SHOW FED HAS MORE WORK TO DO Politics UKRAINE LATEST: ZALUZHNYI, US’ MILLEY DISCUSS LATEST STRIKES 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 Business of Sports: Qatar's $200 Billion World Cup May Be Last of Its Kind Markets HOW STATE STREET HAS USED AI TO FIND ‘HIDDEN GEMS’ SINCE 2018 Strikes MILLION MARCH IN FRANCE AS UNIONS THREATEN BROAD SHUTDOWN Technology BERLIN’S BARREN HOUSING MARKET IS PUTTING ITS TECH BOOM AT RISK Politics ARMENIAN AID TRUCKS ENTER TURKEY FOR FIRST TIME IN 30 YEARS Politics RUSSIAN MOMS-TO-BE FLOCK TO ARGENTINA SEEKING SAFETY, PASSPORTS OPINION Michael R Bloomberg THE WORLD BANK MUST TAKE BOLDER ACTION ON CLIMATE Its own history shows that multinational development banks have the power to tackle global challenges — and no challenge is bigger than climate change. Matthew Brooker ENGLISH FOOTBALL'S MONEY DANCE HAS A SUBPRIME BEAT A global Britain success story that may be too rich for its own good. Andrea Felsted ADIDAS NEEDS THE LAST YEEZY SHOE TO DROP The German sportswear giant just revealed €700 million worth of bad news. New CEO Bjorn Gulden has to prove there are no more ugly surprises. Lionel Laurent TWO MALE PRIVATE EQUITY HEADS AREN’T BETTER THAN ONE WOMAN Are two male private equity heads better than one woman? Unlikely. Gearoid Reidy and Daniel Moss KAZUO UEDA IS THE FIRST SURPRISE OF THE POST-KURODA ERA Kishida’s reported pick to lead the central bank wasn’t on many shortlists. For all that, Ueda may not be a total shock to the system. More from Opinion OPINION Michael R Bloomberg THE WORLD BANK MUST TAKE BOLDER ACTION ON CLIMATE Its own history shows that multinational development banks have the power to tackle global challenges — and no challenge is bigger than climate change. Matthew Brooker ENGLISH FOOTBALL'S MONEY DANCE HAS A SUBPRIME BEAT A global Britain success story that may be too rich for its own good. Andrea Felsted ADIDAS NEEDS THE LAST YEEZY SHOE TO DROP The German sportswear giant just revealed €700 million worth of bad news. New CEO Bjorn Gulden has to prove there are no more ugly surprises. Lionel Laurent TWO MALE PRIVATE EQUITY HEADS AREN’T BETTER THAN ONE WOMAN Are two male private equity heads better than one woman? Unlikely. Gearoid Reidy and Daniel Moss KAZUO UEDA IS THE FIRST SURPRISE OF THE POST-KURODA ERA Kishida’s reported pick to lead the central bank wasn’t on many shortlists. For all that, Ueda may not be a total shock to the system. 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 Politics TRUMP TEAM HANDED OVER MORE CLASSIFIED MAR-A-LAGO DOCUMENTS Weather & Science MAPLE SYRUP’S $1.5 BILLION INDUSTRY SPLINTERS AS WINTERS GET WARMER Business FREEZING PORSCHE TAYCAN DRIVERS REPORT FAILING HEATERS WEEKEND READS Design IN THE DC SUBURBS, AN ARTFUL COMPROMISE OVER DENSITY AND HOUSING Greener Living CAN YOU TELL A CAR FROM AN SUV? TAKE OUR QUIZ Perspective LIVING IN THE SHADOW OF STATISTICS IN RUST BELT OHIO Markets Magazine A PRINCE BETS HIS FAMILY’S MONEY ON A NIGHTMARE REAL ESTATE DEAL More Coverage WAR IN UKRAINE The Week YOUR SATURDAY UK BRIEFING: SUNAK PIVOTS TOWARD CLOSER EU TIES Markets UKRAINE CREDIT RATING CUT BY MOODY’S ON ‘LIKELY’ RESTRUCTURING Politics BIDEN TO VISIT POLAND AS RUSSIA-UKRAINE WAR REACHES ONE-YEAR MARK Politics MELONI SAYS MACRON DINNER WITH ZELENSKIY WAS POLITICALLY WRONG More coverage STORIES FOR YOU Markets CLOCK IS TICKING LOUDER ON A STOCK RALLY THE PROS NEVER BELIEVED IN Business TRAFIGURA'S NICKEL NEMESIS WAS ALREADY NOTORIOUS IN METAL CIRCLES Politics RHEINMETALL IN TALKS TO SUPPLY UKRAINE WITH PANTHER BATTLE TANKS Fashion ADIDAS YEEZY SHOCK COMES FROM CEO WHO PREFERS BAD NEWS FIRST Technology APPLE AVOIDS JOB CUTS BECAUSE IT DIDN’T OVERHIRE LIKE GOOGLE AND AMAZON Central Banks ‘JAPAN’S BEN BERNANKE’ SHOWS MIT’S SWAY, WITH UEDA EYED FOR BOJ WORK SHIFT Podcast A WAITLIST OF 60,000: WHY WOMEN ARE FLOCKING TO THIS MEMBERS-ONLY CLUB Work in Progress THE OFFICE SUPER BOWL POOL ISN’T GOING AWAY. TAKE THAT, DRAFTKINGS. Work in Progress COMEDIANS ARE FINDING LUCRATIVE SIDE HUSTLES — NO JOKE — AS BABYSITTERS Working Assumptions MAKE WAY FOR THE GREAT REFURB: OFFICE DESIGN JOINS THE CONVERSATION ON REVAMPING WORK More from Work Shift CRYPTO Markets INVESTORS BRACE FOR RISK INFLATION DOOMS BONDS TO BEAR MARKET Business YOUR SATURDAY ASIA BRIEFING: BAILOUT, SLUMP, DISTRESS AND DEATH Markets PAYPAL PAUSES STABLECOIN WORK AMID REGULATORY SCRUTINY OF CRYPTO Politics HOUSE REPUBLICANS ASK SEC FOR DETAILS ON TIMING OF BANKMAN-FRIED’S ARREST More from Crypto EQUALITY Workplace COURT ORDERS NESTLÉ TO PAY $2.2 MILLION TO BULLIED EX-EMPLOYEE Climate Politics BIDEN’S $27 BILLION CLEAN ENERGY CATALYZER SPURS FUNDING FEUD Politics WHITE HOUSE SAYS BIDEN WON’T DO SUPER BOWL INTERVIEW WITH FOX Future of British Business UK SALESMAN WINS $86,000 AGEISM PAYOUT FOR ‘BALD’ DISCRIMINATION More from Equality Business as you've never seen. UP NEXT * On Now Storylines * 02:00 AM Prognosis * 03:00 AM Storylines * 04:00 AM Hello World 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 STORYLINES Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth. Start Watching And streaming on your TV: * * * * * Brexit is Costing the UK £100 Billion a Year in Lost Output A Billion Dollar Startup Wants to Bring Back the Dodo Getting Warmer Episode 1: The Plastic Predicament Is TikTok Getting Banned? US Efforts Gather Steam BLOOMBERG WEALTH Wealth IZZY ENGLANDER’S WIFE WITHDRAWS SUIT OVER POST-NUPTIAL AGREEMENT Wealth TRUMP’S 40 WALL ST. PUT ON LENDER WATCH AS VACANCIES, COSTS RISE Wealth BUILDERS SAY CANADA’S FOREIGN BUYERS BAN IS STOPPING CONSTRUCTION OF NEW HOMES Investing HEDGE FUND THAT TRACES ROOTS TO CREDIT SUISSE PLANS TO HAND CASH TO EXTERNAL MANAGERS More on Wealth Design IN THE DC SUBURBS, AN ARTFUL COMPROMISE OVER DENSITY AND HOUSING Housing THE RISE OF THE MILLIONAIRE RENTERS CityLab SUPER BOWL PARTIES PRODUCE TONS OF TRASH. PHOENIX IS HOPING TO FIX THAT Economy AS JOBS GO DIGITAL, WHO GETS LEFT BEHIND? Greener Living BLOOMBERG GREEN Greener Living Can You Tell a Car From an SUV? Take Our Quiz To qualify for a tax credit under the Inflation Reduction Act, EV buyers will have to figure out the difference between a car and an SUV. Weather & Science NEW ZEALAND BRACES AS CYCLONE GABRIELLE NEARS NORTH ISLAND updated 42 minutes ago Climate Politics BIDEN’S $27 BILLION CLEAN ENERGY CATALYZER SPURS FUNDING FEUD Climate Politics BIDEN’S CLEAN TECH MEASURES WILL AID GLOBAL FIGHT AGAINST CLIMATE CHANGE, US ENVOY SAYS Green DUTCH SET NITROGEN EMISSIONS CUTS FOR ENERGY, AVIATION, INDUSTRY 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. All Rights Reserved Careers Made in NYC Advertise Ad Choices Help