Bloomberg Markets

04/03/2025

US President Donald Trump unleashed tariffs on the world on April 2, hitting Asia and Europe particularly hard.

Here's what this means for some of the US’ biggest trading partners like China and the EU. bloom.bg/42t1k4Q

04/02/2025

Former Citadel money managers Niall O’Keeffe and Tio Charbaghi made the most out of the market turmoil during the first quarter, beating some of the biggest hedge funds that suffered losses.

Former Citadel money managers Niall O’Keeffe and Tio Charbaghi made the most out of the market turmoil during the first quarter, beating some of the biggest hedge funds that suffered losses.

04/02/2025

A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position.

A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position, which for the past year has formed the bedrock of the president’s fortune.

04/02/2025

Macy’s is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay.

Macy’s Inc. is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay.

04/02/2025

In today's Bloomberg Deals: Goldman Sachs on convertible bond demand, Brookfield revives talks on potential Grifols offer and China restricts companies from investing in US

Hi, it’s Julia Fioretti and Dave Sebastian in Hong Kong, where we’ve been chatting with Goldman Sachs about the outlook for convertible bonds in Asia. Also today, Goldman is expanding its private equity offering to wealthy individuals.

04/02/2025

A federal judge dismissed corruption charges against Eric Adams, bringing a permanent end to the case and capping an extraordinary series of events that sowed discord within the Justice Department

A federal judge dismissed corruption charges against Eric Adams, bringing a permanent end to the case and capping an extraordinary series of events that sowed discord within the Justice Department.

04/02/2025

Nintendo will release its new Switch 2 console on June 5, seeking to keep the No. 1 spot in video-game devices with a new version of the top-selling model it introduced in 2017

Nintendo Co. will release its new Switch 2 console on June 5, seeking to keep the No. 1 spot in video-game devices with a new version of the top-selling model it introduced in 2017.

04/02/2025

US Treasuries add to their recent rally as global trade tensions rise ahead of President Donald Trump’s tariff announcement.

US Treasuries added to their recent rally — sending the five-year note’s yield to the lowest level since October — as global trade tensions rose ahead of President Donald Trump’s tariff announcement.

04/02/2025

The UK's minimum wage has risen again, with particularly large increases for those under the age of 21. The goals may be laudable but the economic side-effects are starting to pile up. Have we reached the trade-off tipping point?

Driving up the cost of the lowest-paid workers means squeezing the wages of the rest.

04/02/2025

The beachside town of Balneario Camboriu — dubbed the “Dubai of Brazil” — may soon boast the world's tallest residential tower.

The beachside town of Balneario Camboriu, dubbed the “Dubai of Brazil” for having the country’s tallest buildings and most expensive real estate, is now taking aim at the title of world’s highest all-residential tower.

04/02/2025

A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania

A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania.

04/02/2025

Tesla’s vehicle sales fell 13% in the first quarter, dragged down by the changeover of its most important model and international backlash against Elon Musk.

Tesla Inc.’s vehicle sales fell 13% last quarter to an almost three-year low, as the carmaker made over its most important model and dealt with international backlash against Elon Musk.