Bloomberg Buzzing. . .

 

Exclusive

EU Expects US Tariffs to Stay as Talks Make Little Progress

The EU’s trade chief left the meeting with little clarity on the US stance, sources say.

2:38

Exclusive

China Orders Boeing Jet Delivery Halt as Trade War Expands

Beijing has also asked that Chinese carriers halt any purchases of aircraft-related equipment and parts from US companies, sources say.

Canada Gives Tariff Exemption to Automakers That Stay in Country

Trump Trade War Sparks Run on US Warehouses With Tariff Loophole

Mel Musto/Bloomberg

Harvard Hit With Financial Retribution After Rebuffing Trump

Along with targeting law firms and cities, the Trump administration has tried to bring in sweeping changes to universities.

31 minutes ago

Trump Threatens Harvard’s Tax-Exempt Status After School’s Rebuke

US Bank Earnings

CitigroupBofAGoldman Sachs

Valerie Plesch/Bloomberg

Citi’s Traders Nudge Fraser Closer to Profitability Target

C

2.64%

BofA Stock Traders Notch Record Quarter, Loan Revenue Rises

Goldman Sachs, Wells Fargo Join Wall Street Borrowing Blitz

Bloomberg Opinion

Will Policy Chaos Trigger a Flight From the Dollar?

Collapsing stock prices aren’t the worst thing that could happen to the economy.

Editorial Board

The Next TikTok Shutdown Is Likely to Be Longer

By Dave Lee, Columnist

Republicans in Congress Aren’t Going to Stop This Trade War

By David M. Drucker, Columnist

US Citizens Could Be on a Plane to El Salvador Next

By Patricia Lopez, Columnist

Kena Betancur/AFP/Getty Images

Billionaire Ackman Donates $250,000 to Cuomo’s Run for NYC Mayor

Ackman’s contribution to the pro-Cuomo PAC “Fix the City, Inc.” was disclosed in campaign filings and brings its total fundraising to more than $4.9 million in about six weeks.

Earlier

Cuomo Has Wide Lead in Race for New York Mayor, Poll Shows

Cuomo Raises $1.5 Million in Sprint to NYC Mayoral Primary

The Big Take

GM’s Mary Barra Has to Make a $35 Billion EV Bet Work in Trump’s America

The US automaker is up against tariffs, an oil-loving president and Elon Musk in the White House.

GM

1.84%

Listen (15:01)

Big Take: Mary Barra’s Billion-Dollar Bet on EVs

Charly Triballeau/AFP/Getty Images

US Economy to Lose Billions as Foreign Tourists Stay Away

More Americans Are Eyeing Jobs in UK Amid Trump Funding Cuts

Avoid US or Take Burner Phones, Canada Executives Tell Staff

Latest

9 min

Jordan Arrests 16 People Over Plot to Hurt National Security

19 min

Trump Trade War Sparks Run on US Warehouses With Tariff Loophole

35 min

Kosovo Hits Political Deadlock as Parliament Session Collapses

35 min

Billionaire Platt’s BlueCrest Gets Approval to Trade From Dubai

45 min

Creditors Seek to Force Chinese Builder Xinyuan Into Bankruptcy

60 min

South Africa Central Bank Says Uncertainty Risks Higher Rates

See all latest

Listen, Watch and Catch Up

Newsletter: Markets Daily

This Calm Isn’t Exactly Reassuring After a Wild Ride in Markets

Markets Wrap

Stocks Get Boost from Banks as Trade Risks Linger

Newsletter: The Brink

Turkey’s Inflation Cure Is Hurting Its Exporters

Listen (26:53)

Davis Polk’s Tsiouris on Next LME Act: State of Distressed Debt

Listen (7:05)

Bloomberg Talks: Mike Wilson

Listen (4:40)

Single Best Idea: Timmer & Hunter

Bloomberg News Now

Listen to the latest: EU & US Tariff Talks Make Little Progress, Boeing Down on China Halt, More

5:51

updated 24 min ago

Morning & Evening Briefing Americas

Start every morning with what you need to know followed by context and analysis on news of the day each evening. Plus, Bloomberg Weekend.

Most Active US Stocks

BAC

38.15

3.91%

Follow

BofA Stock Traders Notch Record Quarter, Loan Revenue Rises

WFC

64.93

2.84%

Follow

Goldman Sachs, Wells Fargo Join Wall Street Borrowing Blitz

F

9.44

2.78%

Follow

S&P Sees High Risk of Ford, GM Ratings Downgrade on Auto Tariffs

C

64.93

2.64%

Follow

Citi’s Traders Nudge Fraser Closer to Profitability Target

RFK Jr.’s Vaccine Panel Meets in Early Test for Scientific Sway

Federal Workers Jump at Buyout Offers They Once Shunned

Businessweek

The Monastery Where Founders Meditate on Code and Profit

Can't Look Away: The Case Against Social Media

This documentary exposes the real-world consequences of tech companies’ digital practices and widespread concerns over harmful algorithms.

3:36

Watch the "Can't Look Away" Trailer

Don’t Look Away From This Doc on Social Media and Teens

Explainer

How to Keep Your Kids Safe Online

Social Media Victims Are Ready to Be Heard

Bloomberg Businessweek

Brendan Smialowski/AFP

Trump’s Tariffs Leave Economists Fixated on One Word: Stagflation

Americans should brace for a toxic combination of weak growth and high prices.

By Tom Orlik

More from this issue:

Google Is Searching for an Answer to ChatGPTHow TD Became America’s Most Convenient Bank for Money LaunderersA US Drone Maker Tries to Take Back the Country’s Skies

Trade Tensions With China Clear Path for Salt-Powered Batteries

Long a pipe dream, sodium-ion batteries are gaining market share as lithium tariffs create uncertainty.

How Mar-a-Lago Memberships Explain Trump’s Tariff Obsession

In the president’s eyes, tariffs might simply be the price other countries should pay for admission to a premium mark