Tuesday, April 15, 2025

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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
Harvard Hit With Financial Retribution After Rebuffing Trump
Mel Musto/Bloomberg

US Bank Earnings

CitigroupBofAGoldman Sachs
Citigroup CEO Jane Fraser At DC Economic Club
Valerie Plesch/Bloomberg
Citi’s Traders Nudge Fraser Closer to Profitability Target
C
BofA Stock Traders Notch Record Quarter, Loan Revenue Rises
Goldman Sachs, Wells Fargo Join Wall Street Borrowing Blitz

Bloomberg Opinion

President Trump Holds Cabinet Meeting
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
Dave Lee
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
Patrica Lopez
US-POLITICS-NEWYORK-CUOMO
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
Big Take: Mary Barra’s Billion-Dollar Bet on EVs (Podcast)
Listen (15:01)
Big Take: Mary Barra’s Billion-Dollar Bet on EVs
US-TOURISM-NEW YORK
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

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Listen, Watch and Catch Up

This Calm Isn’t Exactly Reassuring After a Wild Ride in Markets
Newsletter: Markets Daily
This Calm Isn’t Exactly Reassuring After a Wild Ride in Markets
Stocks Get Boost from Banks as Trade Risks Linger: Markets Wrap
Markets Wrap
Stocks Get Boost from Banks as Trade Risks Linger
Turkey’s Inflation Cure Is Hurting Its Exporters
Newsletter: The Brink
Turkey’s Inflation Cure Is Hurting Its Exporters
Davis Polk’s Tsiouris on Next LME Act: State of Distressed Debt
Listen (26:53)
Davis Polk’s Tsiouris on Next LME Act: State of Distressed Debt
Bloomberg Talks: Mike Wilson (Podcast)
Listen (7:05)
Bloomberg Talks: Mike Wilson
Single Best Idea: Timmer & Hunter (Podcast)
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
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

BofA Stock Traders Notch Record Quarter, Loan Revenue Rises
Goldman Sachs, Wells Fargo Join Wall Street Borrowing Blitz
S&P Sees High Risk of Ford, GM Ratings Downgrade on Auto Tariffs
Citi’s Traders Nudge Fraser Closer to Profitability Target
President Trump Holds Cabinet Meeting
RFK Jr.’s Vaccine Panel Meets in Early Test for Scientific Sway
Jobless Claims For Federal Workers Have Spiked Relative To Recent Average
Federal Workers Jump at Buyout Offers They Once Shunned
The Monastery Where Founders Meditate on Code and Profit
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
Watch the "Can't Look Away" Trailer
WEEKEND_CARVILLE_SOCIALMEDIA
Don’t Look Away From This Doc on Social Media and Teens
Still from Can't Look Away (doc)
Explainer
How to Keep Your Kids Safe Online
weekend-social-victims-lede
Social Media Victims Are Ready to Be Heard

Bloomberg Businessweek

Trump’s Tariffs Leave Economists Fixated on One Word: Stagflation
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
April 1, 2025

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
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
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