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S&P 500 4,515.77 +0.18% Nasdaq 14,031.81 -0.02% Crude Oil 85.98 +0.50% US 10 Yr 4.18 0.00% Euro 1.08 +0.12% Dow Jones 34,837.71 +0.33% Russell 2000 1,920.83 +1.11% Gold 1,964.20 -0.15% Silver 23.99 -0.81% Nikkei 225 32,939.18 +0.70% Hang Seng 18,844.16 +2.51% FTSE 100 7,452.76 -0.16% DAX 15,824.85 -0.10% Pound/Dollar 1.26 +0.31% Dollar/Yen 146.49 +0.18% Bitcoin 25,857.50 -0.72% Ethereum 1,628.33 -0.87% BackForward Balance of Power Newsletter Xi’s G-20 Rebuff Reflects a More Divided World Power On Newsletter Apple Embraces iPhone Charger Change It Didn’t Want Sunday US Briefing Look for More of Trump’s Surrogates Economics Daily China’s Xi to Skip G-20 Summit in India Next China Newsletter All You Need to Know About China’s Slowdown Prognosis Fact or Fiction: Eating Chocolate Is Good For You BackForward Technology Huawei Teardown Shows Chip Breakthrough in Blow to US Sanctions The company’s Mate 60 Pro is powered by SMIC’s 7nm chips, according to analysis that TechInsights conducted for Bloomberg News Xi’s Unexplained G-20 Snub Erodes Image as Global Statesman Country Garden Has Just Days to Avoid Default on Dollar Bonds Property Stocks Lead China Rally as Stimulus Measures Lift Mood LATEST Green Germany Backs Kenya Hydrogen in Raft of African Climate Pledges 59m ago Markets Eskom Latest: Electricity Outages Ramped Up to Stage 6 2h ago Politics Chancellor Scholz Gets Some German Schadenfreude After Accident updated 2h ago Politics Macron Defends Ban on Full-Length Abaya Robe in Schools updated 2h ago Markets SVP, Deutsche Bank Win Control of Spanish Steelmaker Celsa in Debt-Equity Swap 2h ago MOST SHARED Business Diamond Prices Are in Free Fall in One Key Corner of the Market De Beers has been forced to slash prices aggressively for one of its benchmark products. Technology Huawei Teardown Shows Chip Breakthrough in Blow to US Sanctions The company’s Mate 60 Pro is powered by SMIC’s 7nm chips, according to analysis that TechInsights conducted for Bloomberg News Hyperdrive Mercedes Bets on Range Boost in Swipe at Tesla’s EV Lead Technology Musk Blames Anti-Defamation League for X’s US Ad Sales Slump 48m ago Markets US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn Economics Labor Day Progress Report: A Shift Down to Cruising Speed for US Job Market Stocks Cede China-Led Gains in Thin Holiday Trade: Markets Wrap updated 23m ago From BlackRock to Pimco, Bond Investors Bet Fed Hiking Is Over Biden Hails US Jobs Data in Latest Bid to Tout Economic Agenda Markets US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn Equities have rallied this year on hopes interest rates will peak soon. Politics Biden Downplays Threat of Possible UAW Strike on Automakers Members gave union leaders permission to strike if talks fail. Technology Musk Blames Anti-Defamation League for X’s US Ad Sales Slump Ad revenue on X, the social media platform formerly known as Twitter, is still down 60%. 48 minutes ago Pursuits Burning Man Festival Death Probed as Exit Delayed for Thousands One person died during the “rain event,” police said. updated 3 hours ago The Big Take Money and Politics Put World’s Biggest Climate Deal at Risk By Harry Suhartono, Faris Mokhtar and Jennifer A Dlouhy LIVE 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. 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Play Again Live on Bloomberg TV Bloomberg New Economy Gateway Africa: Building a Resilient, Sustainable Future Economics PERUVIANS CAN’T AFFORD THEIR NATIONAL DISH CEVICHE AFTER EL NINO DEVASTATES FARMS updated 2 hours ago Politics BACK TO SCHOOL IN UKRAINE MEANS HEADING TO SUBWAY BOMB SHELTERS updated 3 hours ago LATEST Green Germany Backs Kenya Hydrogen in Raft of African Climate Pledges 59m ago Markets Eskom Latest: Electricity Outages Ramped Up to Stage 6 2h ago Politics Chancellor Scholz Gets Some German Schadenfreude After Accident updated 2h ago Politics Macron Defends Ban on Full-Length Abaya Robe in Schools updated 2h ago Markets SVP, Deutsche Bank Win Control of Spanish Steelmaker Celsa in Debt-Equity Swap 2h ago MOST SHARED Business Diamond Prices Are in Free Fall in One Key Corner of the Market De Beers has been forced to slash prices aggressively for one of its benchmark products. Technology Huawei Teardown Shows Chip Breakthrough in Blow to US Sanctions The company’s Mate 60 Pro is powered by SMIC’s 7nm chips, according to analysis that TechInsights conducted for Bloomberg News Hyperdrive Mercedes Bets on Range Boost in Swipe at Tesla’s EV Lead Technology Musk Blames Anti-Defamation League for X’s US Ad Sales Slump 48m ago Markets US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn BLOOMBERG Chris Hughes Nestle’s Lessons From Joining the Dud Deals Club The Swiss confectioner has finally achieved an exit from its purchase of a biotech focused on alleviating peanut allergy. But why did it buy the firm to begin with? Bobby Ghosh I Hereby Declare: Naturalization Tests Are Useless All those who apply for citizenship are already tested by the ultimate arbiter of American life: The Free Market Andrea Felsted Watches of Switzerland Should Be Worried About Its Rolexes The British retail champion faces a more powerful rival in Bucherer now that Rolex has snapped it up. Tim Culpan Huawei Chip Shows US Curbs Are Porous, Not Useless Chinese chipmakers have done well to bypass restrictions, but that won’t be repeated often. Marcus Ashworth A Smart Way to Force Banks to Pass on Higher Interest Rates The UK and Belgium are using state-backed savings plans to force banks to offer better rates for savers. More from opinion Get the Washington Edition newsletter Find out how the worlds of money and politics intersect in the US capital. Delivered weekday afternoons. Sign Up Bloomberg may send me offers and promotions. By submitting my information, I agree to the Privacy Policy and Terms of Service. Markets Billionaire L’Occitane Boss Ends Talks on Potential Buyout Deal Pursuits Europe’s Airlines Offer Discounts as Travel Slowdown Hits Post-Summer 3 hours ago Wealth Billionaire Salinas Opens Freedom U in Mexico to Push Worldview Terms of Service Do Not Sell or Share My Personal Information Trademarks Privacy Policy ©2023 Bloomberg L.P. All Rights Reserved Careers Made in NYC Advertise Ad Choices Help