Today's Bloomberg Snapshot

 

Mester Says Fed Can Hold Rates Steady, Not In a Hurry to Cut

A strong economy and robust labor market are giving the Fed room to be patient with policy, Mester said.

Watch (2:41)

Fed Beige Book Shows US Economy Expanded ‘Slightly’

Businessweek

Rents Are the Fed’s ‘Biggest Stumbling Block’ in Taming US Inflation

What Went Wrong With US Inflation

Markets Wrap

S&P Futures Gain With Bonds as Rate Jitters Ease

Leo Correa/Getty Images

Netanyahu Is Caught Between Hitting Iran and Heeding Allies

Israel is divided over what to do next, and whether the Middle East plunges into a wider war might come down to the prime minister’s survival instincts. 

about 9 hours ago

Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract

Dado Galdieri/Bloomberg

Why the World of Chocolate Is in Crisis

Listen (16:48)

Big Take: A Cocoa Shortage Rocks the Chocolate World

Illustration: Christian Blaza

The Big Take

Private Equity’s Titans Are Told to Cough Up Their Own Cash

Dealmakers are being told to put more of their own assets on the line as they struggle to wring cash from their increasingly wary backers.

Bloomberg Opinion

The White House Has a New Trade Weapon Against China

Biden’s climate envoy just foreshadowed the end of the WTO as the US rewrites international rules to limit both carbon emissions and Chinese dominance of key industries.

By Liam Denning, Columnist