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Tech Propels Stocks Higher; Bitcoin Resumes Drop

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Big Tech’s AI Debt Wave Threatening to Swamp Credit Markets

The AI Industry Is Built on a Big Unproven Assumption

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Xi Presses Trump About Taiwan in Phone Call, Report Says

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Trump Weighing Advanced Nvidia Chip Sales to China, Lutnick Says

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Americans Are Microdosing Obesity Drugs, Driven by 'Thin Is In' Marketing Blitz

Novo Nordisk’s Ozempic Pill Fails in Long-Shot Alzheimer’s Effort

Obesity Drug Access Grows as Novo, Lilly Sell Direct to Employers

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Exclusive

Ray Dalio Says ‘Pod Shop’ Hedge Fund Model Is Unlikely to Last

In the latest Odd Lots episode, the founder of Bridgewater Associates takes aim at the popular multistrategy hedge fund model that’s boomed in recent years.

Listen (58:05)

Ray Dalio on the Five Forces Making This a Historical Moment

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Bitcoin Weakness Persists as Crypto Steadies After Bruising Week

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SPAC Stocks Are Back in Risky Financial ‘Turducken’

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Bloomberg Opinion

Blue Owl Is the Sum of All Investor Fears

By Paul J. Davies, Columnist

How Constitutional Limits Become Negotiable

By Noah Feldman, Columnist

AI Is More Likely to Cause a Labor Shortage. Here’s Why.

By Allison Schrager, Columnist

Three Big Holes in Nvidia’s Safety Net

By John Authers, Columnist

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Ukraine and Allies Warn U.S. Against Rush to End Russia’s War

Ukraine signaled that key sticking points remained in talks with the US.

Newsletter: Balance of Power

Buying Time to Reshape Trump Plans for Ukraine

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Businessweek

Target Needs More Than a Vibe Shift to Turn Its Business Around

The ailing retailer has lost its cheap-chic appeal. Can a new CEO get it back on its feet with his old boss next door?

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The Big Take

Banned Chinese Bond Tactic That Turns 8% Yields Into 16% Is Roaring Back

Banks are helping investors secure bond returns that far exceed official rates — and it’s all happening out of view.

China Uses Japan Spat to Pressure World to Pick Sides on Taiwan

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US Banks Show Across-the-Board Gains in FDIC’s Quarterly Update

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Amazon Satellite Internet Service Begins Previews for Businesses

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EU Asks US to Cut Tariffs on Flamethrowers and Grenade Launchers

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ECB’s Lagarde Says Embracing AI Can Still Give Europe an Edge

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Newsletter: Tech In Depth

Google’s Having the AI Build the UI in Latest Gemini Update

Newsletter: Economics Daily

The Fed’s Not Ready to Channel Greenspan in Betting on Tech Boom

Newsletter: Supply Lines

Why Trump’s Tariffs Are Holding Back US Factory Jobs

Newsletter: Morning Briefing: Americas

US-Ukraine Peace Deal Talks May Yield Progress

Newsletter: Prognosis

Can a Good Night’s Sleep Help Avoid Alzheimer’s?

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Zero: Climate Summits Are Working as Designed: Poorly

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What Might Be Inside the Epstein Files?

On this episode, we discuss why your Thanksgiving turkey may be cheaper this year and untangle the business dealings of the late Jefferey Epstein. 

By Stacey Vanek Smith and Max Chafkin 

 

 

 

 

 

More from this issue:

How an $11 Billion Beauty Company Built a Suburban EmpireThe Fight to Save the $2.7 Billion Botox EmpireThe Chatbot Delusions: Is AI Contributing to a Novel Mental Health Crisis?

Permabull Tom Lee Sees Bitcoin as High as $200,000 by January’s End

The always optimistic co-founder of Fundstrat Global Advisors believes in the long-term power of retail investors. 

The Dirty Secret of Biodegradable Plastic

More countries are banning plastics made with additives that manufacturers say can make them decompose.

The Big Take

The Cost of Detaining and Deporting One Person in America

The US government says it spends an average of $17,121 to deport a single person. One man’s journey through the process shows the price can be significantly higher.

Markets

Odd LotsETFsCryptoDeals

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U.S. Banks Show Across-the-Board Gains in FDIC’s Quarterly Update

Korean Won Approaches Dollar-Sale Trigger Zone Before Rate Call

UBS’ Romano Says Rotation Out of US Stocks Is Likely Done

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Why America’s Cattle Ranchers Keep Getting Squeezed

Newsletter: Markets Daily

Bitcoin’s Rout Was Brutal Even by Crypto Standards

Why America’s Cattle Ranchers Keep Getting Squeezed

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Odd Lots

Fed’s Collins on the Chances for Another Cut

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Tyler Cowen on Why AI Hasn’t Changed the World

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Odd Lots

The Politics of AI Are About to Explode

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Ideas and Culture

Weekend NewsletterThe ForecastThe Interview

The Godmother of AI Didn’t Expect It to Be This Massive

Boomers Are Passing Down Fortunes — And Way, Way Too Much Stuff

Janet Yellen Says the US Is Undermining Its Economic Success

How Breathwork Became the New Meditation

Bloomberg Originals

4:23

GLP-1s for Everyone

3:13

‘California Sober’ for the Holidays

48:00

An Optimist's Guide to the Planet

Reclaiming Water for an Increasingly Thirsty World

24:01

Leaders with Francine Lacqua

How to Run a $1.6 Trillion Company

Space

Space Race With China Drives Antenna-Building Boom in Arctic

SpaceX’s New Starship Booster Bursts Apart in Ground Test

Trump’s Revived NASA Pick, Isaacman, To Face New Senate Hearing

York Space Systems Files for US IPO Showing Revenue Growth

Technology

AICybersecurityScreentime

Amazon Leo

Amazon Satellite Internet Service Begins Previews for Businesses

ECB’s Lagarde Says Embracing AI Can Still Give Europe an Edge

Telefonica Aims to Cut 5,300 Jobs in Cost-Reduction Plan

Newsletter: Power On

Apple iOS 27 to Be No-Frills ‘Snow Leopard’ Update, Other Than New AI

Newsletter: Tech In Depth

Google’s Having the AI Build the UI in Latest Gemini Update

Wealth

The UK Is Probably Less Unequal Than You Think

Billionaire Expands Family Office in Bold Bet on UK’s Future

Britain’s Economic Malaise May Soon Come to America

Oracle Slump Sends Ellison Sliding Down Ranks of World’s Richest

Politics

UKEuropeMiddle EastAsia

Nathan Laine/Bloomberg

EU Asks US to Cut Tariffs on Flamethrowers and Grenade Launchers

Italian Voters Confirm Incumbent Coalitions in Three Regions

Fired UBS Strategist Rejected by Supreme Court on Whistleblowing

about 1 hour ago

US to Deepen Nigeria Security Ties to Help Stem Militant Attacks

about 2 hours ago

Brazil’s Top Court Upholds Bolsonaro Arrest, Leaving Him Behind Bars

Explainers

Why Fears of a Trillion-Dollar AI Bubble Are Growing

Why France’s Politics Are Broken — and What That Means for Its Economy

Why China Can’t Sort Out Its Property Market Mess

How Novo Nordisk Is Trying to Regain Its Weight-Loss Edge

Industries

LegalEnergyHealth

Jasper Juinen/Bloomberg

Tesla’s EU Regulator Denies Claim That FSD Will Be Approved

Iberdrola Offers to Take Neoenergia Private for $1.2 Billion

Kohl’s Interim CEO Gets Permanent Job After Year of Disarray

Listen (25:41)

The Deal: Willow Bay

Newsletter: Business of Space

Hurdles Ahead for Bezos’ New Glenn Rocket

Green

New EnergyGreener LivingESG Investing

Simon Wohlfahrt

The Climate Risk Engineers Who Prepare Companies Before Disaster Hits

Credit Suisse Alumni to Help Fund New Bahamas Carbon Facility

X-Energy Raises $700 Million for Advanced Nuclear Reactor Design

Listen (27:33)

Zero: Climate Summits Are Working as Designed: Poorly

Watch (1:45)

An Optimist's Guide to the Planet Trailer

Pursuits

For UK Ticket Buyers, It’s Better to be Lucky than Rich

Is Food No Longer What Makes a Great Restaurant Great?

Cannabis Is In, Booze Is Out at This Year’s Thanksgiving Table

The Rise of Resistance Cinema in the Era of Trump

Economics

Inflation & PricesIndicatorsCentral Banks

Ahmad Gharabli/AFP/Getty Images

Israel Lowers Interest Rates for First Time in Almost Two Years

Budget Largess Risks Poland’s Economic Trajectory, IMF Says

Czech Election Winners See $4.5 Billion Funding Gap in Budget

Newsletter: Economics Daily

The Fed’s Not Ready to Channel Greenspan in Betting on Tech Boom

Listen (31:01)

Bloomberg Surveillance TV: November 21st, 2025

CityLab

High-Rises Are Changing the Slovak Capital of Bratislava Beyond Recognition

Despite Star Architect’s Alleged Misconduct, New Harlem and Princeton Museums Shine

San Francisco Hotels That Echoed City’s Decline Sell for 75% Off

India’s Richest Family Powers Push for Green Space in Mumbai

Work & Life

Management & WorkEqualityBusiness of Sports

Adam Gray/Bloomberg

Trump Want Ad Seeks ‘Deportation Judges’ to Aid in Crackdown

EU Pledges €7 Billion Toward Renewable Energy in Africa

Sun King Seeks $1.3 Billion to Bring Power to 200 Million People

3 days ago

Telefónica Secures UEFA Broadcasting Rights in €1.5 Billion Deal

4 days ago

UEFA Sees More Than 20% Increase in Broadcast Rights

Markets Magazine

Glenn Harvey for Bloomberg Markets

The Big Take

Why It’s Harder to Tell Gambling From Investing Nowadays

With a tap on your phone, bet on football, elections and the price a stock will hit just hours from now.

By Lu Wang 

 

 

 

More from this issue:

A Firebrand Investor Takes on Japan's Corporate ClubAfter the Lost Decades, A Country Finds ItselfYoung Japanese Investors Embrace Stocks

How to Play the Boom In Video Game Stocks

Electronic Arts’ privatization marks a watershed for the sector that could either extend its remarkable stock rally or reveal its limits.

Morgan Stanley’s Mike Wilson on Contrarian Calls And Conviction

The Wall Street star strategist explains why going against the crowd is his comfort zone.

Japan’s ‘Zombie’ Companies Begin to Disappear in Sign of Renewal

In agonizing decisions for owners, a once-protective society lets the market take its course.

How To