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Donald Trump Asks US Supreme Court to Overturn Colorado Ballot Ban — Kent Nishimura/Bloomberg

Supreme Court Upholds Law That Threatens US TikTok Ban

The decision opens an uncertain chapter for TikTok and its 170 million US users.

FILES-DECADE2010-POLITICS-MIGRATION-CLIMATE-ECONOMY-CONFLICT

Trump, China’s Xi Discuss Trade, TikTok Before Inauguration

“The call was a very good one for both China and the U.S.A.,” the president-elect posted on social media.

Traders Say Ignore the Daily Trump Noise, Focus on the Long Term

Trump Tariff Risks Are Fueling a Chaotic Hunt for Gold in London

JPMorgan’s Petno Joins Race to Succeed CEO Jamie Dimon — JPMorgan

JPMorgan’s Petno Joins Race to Succeed CEO Jamie Dimon

Big US Bank Profits Surge as Biden Era Comes to a Close

Goldman Gives CEO Solomon $80 Million to Stay Put, Raises Pay by 26%

Intel Shares Jump on Report It’s an Acquisition Target

Once the world’s dominate chipmaker, Intel has struggled in recent years to keep up in a competitive and fast-changing industry.

Intel Says It’s an Open Question Whether to Break Up Company

Bloomberg News Now

Listen to the latest: Supreme Court Upholds TikTok Law, Trump-Xi Call Boosts Stocks

5:05

updated 10 min ago

Latest

Bloomberg Opinion

US Treasury Says It Was Breached By Chinese-Backed Hacker

How to Stop Cyberattacks on the US Financial System

Congress has to give the Treasury Department more powers to stop foreign and nonstate hackers.

By Wally Adeyemo, Guest Columnist

Raising the SALT Cap Is Supposed to Benefit Whom, Exactly?

By Justin Fox, Columnist

Justin Fox

Why Is Ashley Moody Replacing Marco Rubio? Loyalty

By Mary Ellen Klas, Columnist

The Navy Is in Trouble. Trump’s Secretary Needs to Rescue It.

By James Stavridis, Columnist

James Stavridis

Most Active US Stocks

Israeli Protest Against Israel and Hamas Ceasefire Deal — Kobi Wolf/Bloomberg

Israel Security Cabinet Approves Gaza Ceasefire Deal

The move paving the way for a weeks-long pause to the 15 months of fighting in Gaza.

Related

After Israel-Hamas Ceasefire Deal, What Now for Gaza?

Houthis Signal Pause on Red Sea Ship Attacks After Gaza Truce

Pacific Palisades Fire in Los Angeles, USA - 8 Jan 2025 — Michael Ho Wai Lee/SOPA Images/Sipa/AP Photo

Burning Teslas in LA Add to Toxic Mix Hindering Wildfire Cleanup

The need for specialized removal means longer delays for victims.

LA Pushes to Rebuild Homes Fast, Despite Wildfire Danger

Trump Transition

THE BIG TAKE_TRUMP — Jabin Botsford/The Washington Post/Getty Images

Your Guide to Trump’s Day-One Agenda — From Taxes to Tariffs

Emboldened by his triumph, the president-elect will enter the White House in January ready to make good on these MAGA campaign promises.

Donald Trump’s Washington: Not Your Typical Presidential Cabinet

Donald Trump’s Washington: Not Your Typical Presidential Cabinet

Here’s a look at the people Trump has named and what he expects of them.

Trump Heeds Wall Street by Picking Scott Bessent as Treasury Secretary — Matt Kelley/AP Photo

Trump Heeds Wall Street by Picking Scott Bessent as Treasury Secretary

In the end, the drama-filled search landed where it started — with a hedge fund executive who’d spent months methodically laying the groundwork for a nomination.

Donald Trump Holds Rally In Pennsylvania — Bloomberg/Bloomberg

What Trump’s Next Trade War Could Look Like

Trump’s tariffs could go in many different directions. Understanding the strategy from his first term, and the priorities of his new team, reveals a potential path ahead.

Howard Lutnick, King of Cantor, Gets a Boss of His Own in Donald Trump — Adam Gray/Getty Images

Howard Lutnick, King of Cantor, Gets a Boss of His Own in Donald Trump

He’s run his brokerage like a personal fiefdom. Now, Wall Street is watching how Lutnick will untangle his personal interests and navigate conflicts at the Commerce Department.

Trump’s Impossible Task: Delivering for the Working Class and Billionaires — Photo illustration: Trevor Davis for Bloomberg Businessweek; Photos: Getty Images

Trump’s Impossible Task: Delivering for the Working Class and Billionaires

He’s attempting to pull off plutocratic populism, but the math doesn’t square.

Key Speakers At The Bitcoin 2024 Conference

How Trump Came Around to Crypto—and What Crypto Wants in Return

Cryptocurrency prices have surged as investors expect Trump to pursue a pro-crypto agenda. Here’s what the industry wants.

Trump's Second Term

Day-One Agenda Ultra-Wealthy Appointees Cabinet

A Trump-Voting Farmer's Warning: Mass Deportations Would Be a Disaster — Alfonso Duran/ Bloomberg

A Trump-Voting Farmer's Warning: Mass Deportations Would Be a Disaster

“We have to secure our borders south and north, but you have to have a workforce in this country.”

Trump’s ‘Canceled’ Empire Makes Comeback Rivaling Political Rise

Bloomberg News Now

Listen to the latest: Supreme Court Upholds TikTok Law, Trump-Xi Call Boosts Stocks

5:05

updated 10 min ago

Trump Transition

THE BIG TAKE_TRUMP — Jabin Botsford/The Washington Post/Getty Images

Your Guide to Trump’s Day-One Agenda — From Taxes to Tariffs

Emboldened by his triumph, the president-elect will enter the White House in January ready to make good on these MAGA campaign promises.

Donald Trump’s Washington: Not Your Typical Presidential Cabinet

Donald Trump’s Washington: Not Your Typical Presidential Cabinet

Here’s a look at the people Trump has named and what he expects of them.

Trump Heeds Wall Street by Picking Scott Bessent as Treasury Secretary — Matt Kelley/AP Photo

Trump Heeds Wall Street by Picking Scott Bessent as Treasury Secretary

In the end, the drama-filled search landed where it started — with a hedge fund executive who’d spent months methodically laying the groundwork for a nomination.

Donald Trump Holds Rally In Pennsylvania — Bloomberg/Bloomberg

What Trump’s Next Trade War Could Look Like

Trump’s tariffs could go in many different directions. Understanding the strategy from his first term, and the priorities of his new team, reveals a potential path ahead.

Howard Lutnick, King of Cantor, Gets a Boss of His Own in Donald Trump — Adam Gray/Getty Images

Howard Lutnick, King of Cantor, Gets a Boss of His Own in Donald Trump

He’s run his brokerage like a personal fiefdom. Now, Wall Street is watching how Lutnick will untangle his personal interests and navigate conflicts at the Commerce Department.

Trump’s Impossible Task: Delivering for the Working Class and Billionaires — Photo illustration: Trevor Davis for Bloomberg Businessweek; Photos: Getty Images

Trump’s Impossible Task: Delivering for the Working Class and Billionaires

He’s attempting to pull off plutocratic populism, but the math doesn’t square.

Key Speakers At The Bitcoin 2024 Conference

How Trump Came Around to Crypto—and What Crypto Wants in Return

Cryptocurrency prices have surged as investors expect Trump to pursue a pro-crypto agenda. Here’s what the industry wants.

Most Active US Stocks

01-LEDE-HOSPITAL

Patients Detained, Denied Care at Hospitals Funded by World Bank

01-LEDE-HOSPITAL

Wegovy Effect: A Weight Loss Wonder Drug's Impact on Denmark's Economy

Novo Suffers Trial Setback as US Plans Drug Price Cuts

Wegovy Effect: A Weight Loss Wonder Drug's Impact on Denmark's Economy

Is NYC's Congestion Pricing Working? Fewer Private Cars Are On the Road (For Now)

Is NYC's Congestion Pricing Working? Fewer Private Cars Are On the Road (For Now)

Is NYC's Congestion Pricing Working? Fewer Private Cars Are On the Road (For Now)

Bloomberg Businessweek

Sam Altman on ChatGPT’s First Two Years, Elon Musk and AI Under Trump

Sam Altman on ChatGPT’s First Two Years, Elon Musk and AI Under Trump

An interview with the OpenAI co-founder.

By Josh Tyrangiel

January 1, 2025

More from this issue:

The Global Fertility Trade: A Story of Extraction, Exploitation and Opportunity The Year Ahead Where to Go in 2025

Young Americans Are Drinking Less—But Can It Last?

Young Americans Are Drinking Less—But Can It Last?

History teaches us that the US has always loved to drink (even during Prohibition).

What Does a Musk-Run TikTok Mean for the World?

This week on Elon, Inc., more on the multibillionaire’s possible acquisition of the Chinese social media giant and his ongoing war with Steve Bannon.

At Charles Schwab, a Fresh Start After a Close Call

The venerable brokerage risked falling into the SVB vortex, but it’s back on its feet with a new home in Texas.

Markets

ETFs Crypto Deals

Robin Hood Foundation Pick-A-Ticker Stock Investing Contest

Robin Hood Foundation Pick-A-Ticker Stock Investing Contest

Bold names in finance compete in a stock-picking contest for charity

Bitcoin on Pace for Largest Weekly Gain Since After US Election

Lone Star Said to Line Up Advisers for Potential Novo Banco Exit

Lots More with Lev Menand on the Eurodollar Market Now

Lots More with Lev Menand on the Eurodollar Market Now

New Year’s Eve Court Rulings ‘Loom Large’ Over Debt Deals

Newsletter: The Brink

New Year’s Eve Court Rulings ‘Loom Large’ Over Debt Deals

Bloomberg Originals

Why Trump's Florida Is the Center of Power

Why Trump's Florida Is the Center of Power

The Hidden Cost of Korea’s Beauty Industry

The Hidden Cost of Korea’s Beauty Industry

How Trump Learned to Love Crypto

How Trump Learned to Love Crypto

Hacking the Microbiome to Fight Cancer

Hacking the Microbiome to Fight Cancer

Space

Starship's Super Heavy rocket booster is caught mid-air during the fifth flight test in Texas

SpaceX’s Starship Explodes in Unexpected Test Flight Setback

US-SPACE-BLUE-ORIGIN

Blue Origin Reaches Orbit, Booster Misses Landing in Debut

Senate Commerce, Science, And Transportation Committee Holds Confirmation Hearing For Sean Duffy

Trump DOT Pick Says He’ll Review FAA’s SpaceX Penalties

Blue Origin Is Tightlipped About Latest New Glenn’s Setback

Blue Origin Is Tightlipped About Latest New Glenn’s Setback

Technology

AI Cybersecurity Screentime

Inside the Bharat Mobility Global Expo — Anindito Mukherjee/Bloomberg

Tata Motors Says Cheaper Now to Make EVs as Battery Prices Fall

Fundment to Hit £150 Million Valuation With Highland Funding

Bumble Founder Whitney Wolfe Herd to Return as CEO in March

Elon, Inc: Elon Musk Gets Vetted for TikTok (Podcast)

Elon, Inc: Elon Musk Gets Vetted for TikTok

Procrastinators Unite. AI Drill Sergeants May Keep You on Task

Newsletter: Tech In Depth

Procrastinators Unite. AI Drill Sergeants May Keep You on Task

Wealth

First Day Of Post Christmas Sales Shopping

Surprisingly Weak UK Data Is Becoming A Habit

Boehly’s Eldridge Lends $390 Million for Miami Beach Condo Tower

Boehly’s Eldridge Lends $390 Million for Miami Beach Condo Tower

Key Speakers At UK International Investment Summit

Dalio, Fink and Benioff Join World’s Mega-Rich Arriving in Davos

Carl Levin, Bill Pulte

Pulte Feuded Online. Now, He's Trump's Pick to Run Federal Housing Finance Agency

Politics

US Election UK Europe Middle East Asia

Thousands Protest in Romania to Support Pro-Russian Candidate — Andrei Pungovschi/Bloomberg

Romanian Police Officers Protest as Cabinet Seeks Spending Cuts

Azerbaijan Puts Armenian Ex-Leaders of Nagorno-Karabakh on Trial

Mozambique Opposition Chief Signals He’s Ready to Pause Protests

The Race to Give TikTok a Reprieve From Getting Banned in the US

Newsletter: Washington Edition

The Race to Give TikTok a Reprieve From Getting Banned in the US

Big Take DC: The Hack Threatening US Systems in Guam (Podcast)

Big Take DC: The Hack Threatening US Systems in Guam

Explainers

Bloomberg Best Of The Year 2024

Electric Vehicle Sales Have Stumbled. What Went Wrong?

Oil Refinery Views As Oil Price Rides Virus Rollercoaster

Why Latest US Sanctions on Russian Oil Are a Big Deal

Reform UK Holds South East Conference In Esher

Nigel Farage’s Reform UK Party Is on the Rise. Here’s What It Stands For

Candy Bins in Candy Shop

Why the FDA Finally Banned a Cancer-Linked Food Dye

Industries

Legal Energy Health

NFL Commissioner Roger Goodell Interview — Jeenah Moon/Bloomberg

NFL Expansion May See Entire Division of Teams Overseas

Trump’s Legal Showdown With Blue State AGs Is Already Happening

Wells Fargo, Merrill Cash-Sweep Accounts Shortchanged Clients, SEC Alleges

The Deal: Paul Rabil (Podcast)

The Deal: Paul Rabil

Blue Origin Is Tightlipped About Latest New Glenn’s Setback

Newsletter: Business of Space

Blue Origin Is Tightlipped About Latest New Glenn’s Setback

Green

New Energy Greener Living ESG Investing

Defaulter Zimbabwe Mulls Debt-for-Nature to Revamp $21 Billion Arrears — Zinyange Auntony/AFP/Getty Images

Defaulter Zimbabwe Mulls Debt-for-Nature to Revamp $21 Billion Arrears

What’s Behind China’s Coal Boom

EV Charging Deserts Are Gone, But Plug Sharing Has Never Been More Popular

Zero: Will LA Fires Unleash Waves of Climate Migrants? (Podcast)

Zero: Will LA Fires Unleash Waves of Climate Migrants?

An Optimist's Guide to the Planet Trailer

An Optimist's Guide to the Planet Trailer

Pursuits

Angel City FC v Bay FC

Sixth Street Plans More Women’s Soccer Investments After Bay FC

The Big-Budget Rom-Com Is Dead. Long Live the Rom-Horror

The Big-Budget Rom-Com Is Dead. Long Live the Rom-Horror

Nine Bosses on What They Do on the Weekends to Unwind

Nine Bosses on What They Do on the Weekends to Unwind

A Booming Market for Life Coaches Means No Problem Is Too Small

A Booming Market for Life Coaches Means No Problem Is Too Small

Economics

Inflation & Prices Indicators Central Banks

Bank Of Canada Interest Rate Announcement And Monetary Policy Report Release — David Kawai/Bloomberg

Bank of Canada Says Bar Remains High to Reopen Covid-19 Playbook

India Central Bank Sees Growth Rebounding With Resilient Demand

UK’s Growing US Trade Surplus Highlights Trump Tariff Threat

Bessent Joins Yellen in Debt Warning, With Opposite Prescription

Newsletter: Economics Daily

Bessent Joins Yellen in Debt Warning, With Opposite Prescription

Bloomberg Surveillance: Inflation and Geopolitics (Podcast)

Bloomberg Surveillance: Inflation and Geopolitics

CityLab

New York Mayor Eric Adams Delivers State Of The City Address

NYC’s Adams Unveils $114.5 Billion Budget as Migrant Costs Slow

New Yorkers Cash in On Freebies in Online Sports Betting Surge

Scaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral Run

NYC Commuters Get New Way to Dodge Traffic: $95 Helicopter Rides

NYC Commuters Get New Way to Dodge Traffic: $95 Helicopter Rides

Palisades Wildfires in Los Angeles

In a City of Sprawl, Wildfire Evacuation Is Getting Harder

Work + Life

Work Shift Equality Business of Sports

PepsiCo Products Ahead Of Earnings Figures — Gabby Jones/Bloomberg

PepsiCo Sued by FTC Over Pricing Bias in Sales to Retailers

Biden Affirms Equal Rights Amendment But Move Lacks Legal Effect

Sixth Street Plans More Women’s Soccer Investments After Bay FC

Women's Soccer Wants to Be More Like the NFL

Women's Soccer Wants to Be More Like the NFL

Down With DEI, Up With “Masculine Energy” in New Trump Era

Newsletter: Equality

Down With DEI, Up With “Masculine Energy” in New Trump Era

Markets Magazine

Markets Magazine_Feinberg_01 — Tom Brenner/Bloomberg

Billionaire Steve Feinberg, Master of Cerberus, Gets a New Mission for Trump

The financier with a long history of interests in military contracting is closing in on a top job at the Pentagon.

By Loukia Gyftopoulou

Bloomberg Markets Tech Issue

More from this issue:

Ransomware Gangs’ Merciless Attacks Bleed Small Companies Big Tech's $62 Billion AI Spending Fuels Pick-and-Shovel Bets Revenge of the Trader Bros in Trump’s America

Markets Magazine_FormulaOne_03

A Tech Mogul Is Hell-Bent On Having a Formula One Racing Team

In New Zealand’s backcountry, David Dicker is spending tens of millions to build a 360 mph car.

AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything

Businesses, investors and society brace for a demand shock from artificial intelligence.

Singapore’s Cautious Wealth Fund Takes More Private Markets Risk

CEO Lim Chow Kiat offers a rare glimpse of GIC’s strategy, including a US shift.