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ECB Set to Keep Rates Steady: Here's What Else to Expect ECB Set to Keep Rates Steady: Here's What Else to Expect Play Play 1:03 Watch: ECB Set to Keep Rates Steady: Here's What Else to Expect ECB on Hold But Forecasts to Boost Case for Rate Cuts Analysts unanimously predict the deposit rate will be held at a record 4%. Newsletter: Brussels Edition ECB Slowly Warms Up to Interest-Rate Cuts ECB Tries to Soothe ‘Shocked’ Staff in Freedom-of-Thought Spat Euro-Area Inflation Reaches 2% in BE Nowcast Just as ECB Policymakers Meets German Factory Orders Plummet More Than Predicted Alexander Manzyuk/Anadolu/Getty Images Russia to Bolster Famed Eastern Railroads as China Trade Booms about 5 hours ago Russia Prepares for Long-Term Standoff in Baltic, Lithuania Says Source: AFP/Getty Images Exclusive EU Proposes New Russia Sanctions Over Death of Alexey Navalny LATEST All categories Chevron Down 15 min Ozempic Side Effects Send Nauseous, Constipated Users to TikTok for Help 15 min How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall 16 min Brainard Pushed to Change Biden Budget Forecast to Rosier View 16 min Billionaire, Corporate Tax Hikes Will Be Focus of Biden Speech 30 min Novo Nordisk Surges to Record on Experimental Obesity Pill Data 45 min Adnoc Aims to Reach Investment Decision on New LNG Plant By June APPLE CAR Electric Car AbandonedHow Apple FailedWho Led the Effort? The Big Take How Apple Sank About $1 Billion a Year Into a Car It Never Built The inside story is a case study in indecision. Apple’s 10 Biggest Challenges, From AI to China Apple Looks Most Oversold in Years After $200 Billion Selloff BLOOMBERG OPINION Mario Tama/Getty Images Bloomberg Opinion MethaneSAT Is the Next Great Weapon Against Climate Change The methane-tracking satellite will locate and measure emissions globally and make the data public, ensuring greater accountability. By Michael R. Bloomberg The ECB Must Act Ahead of a Possible Trump Return By Lionel Laurent, Columnist When the Fix for Lower Commodity Prices Isn’t Low Prices By Javier Blas, Columnist How to Avoid a Crash in Your New Electric Car By Chris Bryant, Columnist Billionaire Hinduja Family Fights Back Against Human-Trafficking Charges Geneva prosecutors accuse family of exploiting domestic staff over many years. Video Player is loading. 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Chinese Top Officials Defend 'Around 5%' Economic Growth Target Chinese Top Officials Defend 'Around 5%' Economic Growth Target Play Play 2:52 Watch: Chinese Top Officials Defend 'Around 5%' Economic Growth Target China Export Growth Jumps as Nation Looks to Bolster Demand China’s exports grew much faster than expected in the first two months of 2024. RELATED China Warns US ‘Absurdity’ on Trade Curbs Will Harm America What Buzzwords From China’s Key Political Meeting Reveal, From ‘AI Plus’ to ‘New Three’ Erika Gerdemark/Bloomberg How Klarna’s IPO Prep Got Tangled Up in a Boardroom Drama Once Europe’s biggest startup, Klarna’s valuation reached $45.6 billion in 2021 before falling to $6.7 billion the following year. 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: Fed's Capital Rules, UK's Hunt, More Arrow Right 8:14 updated 27 min ago LATEST All categories Chevron Down 15 min Ozempic Side Effects Send Nauseous, Constipated Users to TikTok for Help 15 min How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall 16 min Brainard Pushed to Change Biden Budget Forecast to Rosier View 16 min Billionaire, Corporate Tax Hikes Will Be Focus of Biden Speech 30 min Novo Nordisk Surges to Record on Experimental Obesity Pill Data 45 min Adnoc Aims to Reach Investment Decision on New LNG Plant By June 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. Biden Team to Lambaste Trump’s Economic Plans During Address Apple Set to Be Quizzed by EU Over ‘Fortnite’ Maker Shutout Germany Hit With New Round of Air and Rail Transport Stoppages BLOOMBERG BUSINESSWEEK Elon Musk Is Right About OpenAI But for the Wrong Reasons The world’s second-richest man accuses Sam Altman of putting profits over the good of humankind. By Max Chafkin MORE FROM THIS ISSUE: A24’s Risky Hollywood MomentHow Paramount Became a Cautionary Tale of the Streaming WarsMezcal Is Becoming a Victim of Its Own Success Nvidia Is the Latest Shiny Object to Spur Stocks to New Heights Everyone’s favorite AI play has accounted for a third of the S&P’s gain so far this year. Why Elon Musk Has It In for Sam Altman On this episode of Elon, Inc., we discuss Musk’s many grievances with OpenAI and its CEO. Immigration Rage Drowns Out the US Labor Market’s Need for Workers Businesses are desperate to hire, but there’s little appetite in Congress to make it easier for migrants to work. MARKETS WealthCryptoDealsOdd Lots Adnoc Aims to Reach Investment Decision on New LNG Plant By June China Scrutinizes Bond Buying at Smaller Banks as Market Soars Hot Money Ready to Pour Into Egypt With Next Can’t-Miss Bond Bet Indonesian Stocks Rise to Record on Optimism Over Faster Growth South Africa Current Account Gap Widens More Than Forecast BLOOMBERG ORIGINALS 9:11 How To Win an Oscar 9:11 9:53 What China's Slowdown Means for Us All 9:53 50:16 The Deal Episode 1: Maria Sharapova 50:16 9:20 How San Francisco's Nerdiest Neighborhood Could Save It 9:20 TECHNOLOGY AICybersecurityScreentimeTech Daily Newsletter Xi’s High-Tech Drive Spurs Hunt for New Chinese Growth Stocks Taiwan to Decide on Power Tariff Hikes That Would Hit Chipmakers AI Frenzy Seen Powering TSMC’s Rally From Overbought Levels Singtel Cuts Stake in Bharti Airtel Through $710 Million Sale French Startup Raises $73 Million for Blockchain, AI Privacy POLITICS Brainard Pushed to Change Biden Budget Forecast to Rosier View Billionaire, Corporate Tax Hikes Will Be Focus of Biden Speech Modi Holds Election Rally in India’s Volatile Kashmir Region Labour Attacks Tory ‘Unfunded’ Plan to Ditch National Insurance INDUSTRIES Real EstateEnergyHealthElon Inc. Podcast Montinique Monroe/Bloomberg Ozempic Side Effects Send Nauseous, Constipated Users to TikTok for Help More people are getting obesity drugs from doctors that offer little or no follow-up care. Continental Faces Tough Auto Unit Overhaul in Slowing Market Victoria’s Secret Falls on Weak Guidance in Faltering Turnaround Wegovy Maker Wants Japan to Know It Has an Obesity Problem Too Spirit Air Bondholders Plot Strategy as Carrier Sputters EXPLAINERS How Haiti’s New Crisis Traces to the Growing Power of Gangs What Is Bitcoin ‘Halving’ and Does It Push Up the Cryptocurrency’s Price? ‘Shrinkflation’ and Other Terms for Inflationary Times Why the ‘Scope’ of Carbon Emissions Matters GREEN New EnergyGreener LivingESG InvestingZero Podcast Bloomberg Creative Photos/Bloomberg February Breaks Another Heat Record as Ocean Warms to New Levels The world continues to smash through temperature records after a year of increased carbon-dioxide emissions from the energy sector. Grid Snarls Pose Challenge to China’s Massive Desert Energy Push Struggling Australian Cobalt Miner Blames Chinese Overproduction for Job Cuts South Korea to Launch Asia’s First Retail Carbon-Linked Investment Product Texas Utility Pole at Center of Wildfire Suit Was Marked Unsafe to Climb PURSUITS Kayak Introduces Two AI Features to Make Travel Planning Easier For $850, You Can Have a Coffee-Table Book of NFTs The Eight Best Leather Jackets That Give an Edge to Spring Looks The World’s 50 Best Bars Are Finding Success With Soju ECONOMICS Inflation & PricesIndicatorsCentral BanksEconomics Daily Newsletter Chris Ratcliffe/Bloomberg Hunt’s Budget Will Benefit UK Millennials Most, Think Tank Says India Surprise GDP Wasn’t Only One-Off Factors, Adviser Says ECB Meeting Goes Partly Remote as Strikes Drive Governors Home UK House Prices Rise for a Fifth Month, Halifax Says Malaysia Leaves Key Rate Steady as It Shores Up Weak Ringgit CITYLAB New York to Deploy National Guard to NYC Subways to Fight Crime NYC Traffic in Future Congestion Tolling District Jumps 6%, Report Shows Riken Yamamoto, Designer Who Embraces Openness, Wins 2024 Pritzker Architecture Prize Chicago to Go Ahead With Plan to Revamp Empty Downtown Towers WORK + LIFE Work ShiftEqualityBusiness of Sports Newsletter Lisa Maree Williams/Bloomberg Australia to Tie Company Gender Targets to Government Contracts Bond Scion Taps India Markets Boom to Transform Her Family Firm Sunak’s Rwanda Bill Suffers Second Round of Defeats by UK Lords Jeremy Hunt Extends Child Benefit and Vows to Reform an ‘Unfair’ System Jake Paul’s Betr Sportsbook Startup Raises Funds at $375 Million Valuation MARKETS MAGAZINE Top Investors Share the Toughest Lessons They Had to Learn No one gets good at financial decision-making without taking the risk of being wrong and then figuring out how to adjust. By Suzanne Woolley 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. Where to Eat, Drink and Get on the Water on a Sydney Business Trip A local’s guide to making the most of a visit to the financial hub Down Under The Most Costly Investment Mistake You Can Make Is Easy to Avoid Getting the size of a trade wrong can convert even a good idea into a bad bet. 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