We're all on Starship Elon Now

 We’re All on Starship Elon Now

Watch: US at Odds With Allies Over How Easy Reopening Hormuz Is

U.S. at Odds With Allies Over How Easy It Is to Reopen Hormuz

Trump keeps repeating that the Strait of Hormuz will reopen by Friday. But on the sidelines of the Group of Seven summit, it’s clear that his European allies don’t share his optimism.

The Big Take

Netanyahu Pays a Political Price for Trump’s Iran Deal

Markets Wrap

Stock Rally Cools as Central Banks Take Spotlight

Live

Zelenskyy Joins Trump, G7 Leaders For Ukraine Talks

Chinese Economy Stalls as Retail Sales Slump Most Since Pandemic

An export boom driven by AI has become a new source of economic imbalance in China.

Related

China Home Prices Fall at Faster Pace in Setback to Revival

China’s Property Stocks Tumble Back to Pre-2024 Stimulus Levels

Akio Kon/Bloomberg

BOJ Raises Rate to 31-Year High and Hits Normalization Milestone

The central bank raises key rate as expected to 1%, the highest level since 1995.

Live

BOJ Says Will Keep Hiking Rate Depending on Economy

Samuel Boivin/NurPhoto/Getty Images

Anthropic Holds Talks With US in Bid to Lift Curbs on AI Models

Anthropic Curbs Show Need for Sovereign AI, Upstage CEO Says

Bloomberg Opinion

China Has a Powerful New Oil Price Weapon

By Javier Blas, Columnist

The British Elite Is Facing a Serious AI Dilemma

By Mihir Sharma, Columnist

Trump’s Iran Truce Has the Hallmarks of Defeat

By Marc Champion, Columnist

RFK Wants You to Eat Real Food. MAGA Is Making It More Expensive

By Abby McCloskey, Columnist

Watch: SpaceX Stocks Still Volatile, Says JPMorgan Strategist

SpaceX Investors at US Retail Brokers Got at Least One IPO Share

It underscores how the offering was designed to give individual investors a bigger role.

Related

How to Play — or Avoid — SpaceX in Your Portfolio

SpaceX Surges for Second Day to Add $412 Billion in Value

Krisztian Bocsi/Bloomberg

Exclusive

BlackRock Sheds Another 200 Jobs, Adopting Regular Cycle of Cuts

BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked

World Cup

How to Get ThereBest and Worst SeatsMexico Protests

Roberto Schmidt/AFP/Getty Images

Trader Loses $1 Million on Cabo Verde’s Shock World Cup Tie

Cabo Verde fought Spain to a stunning draw on Monday in one of the most unlikely outcomes in recent World Cup history, powered by a 40-year-old goalkeeper who left the pitch in tears.

Iran’s World Cup Team Divides Diaspora Loyalties in LA’s ‘Tehrangeles’

Newsom Accuses Trump of Ordering DOJ to Investigate Him

Murdoch’s Deal for Roku Places Bet on Fox’s Streaming Future

Studios in Microsoft’s Xbox Division Brace for Closures

Bloomberg Businessweek

China Steps Up Foreign Aid in Countries Hit by Trump Cuts

Billions in aid gave the US influence around the world. Now, China is testing if it can reap that goodwill at a fraction of the price.

By Wes Kosova 

More from this issue:

Rewriting Amazon’s Playbook for the AI AgeMeta's $200 Billion Data Center in the BayouThe Return of America’s Most Infamous Nuclear Site

The Infuriating Rise of the $8 Ice Cream Cone

A combination of supply chain shocks and premiumization has turned America’s favorite summertime treat into a luxury good.

Being a CEO Today Stinks (Except for the Salary)

Leading a company has become a 24/7 endeavor at a time when trust in business and capitalism is cratering. No wonder more people in the pipeline don’t want the top job.

We’re All on Starship Elon Now

SpaceX is coming to a mutual fund or 401(k) near you.

Pursuits

How Sand Became Golf’s Most Valuable Amenity

Spielberg’s New Alien Movie Asks: Who Gets to Decide the Truth?

Sports Aren’t Just For Sports Fans This Summer

Ferrari’s Biggest Risk Isn’t Just in Building an EV

CityLab

Uber Rider Describes Palisades Fire Suspect’s ‘Incel Energy’

In Arkansas, a Fast-Growing Museum Anchors an Unusual Campus

ChatGPT Pushed Back on LA Fire Suspect’s Vision of Burning City

The US Is Building More Housing Near Transit, But Not Nearly Enough

Technology

AICybersecurityScreentime

Angela Weiss/AFP/Getty Images

SpaceX Stock Set for More Than 50% Jump in Just Three Sessions 

STMicro Eyes $1.5 Billion Convertible Bonds After AI-Fueled Jump

Hong Kong Stocks Face Pressure From $33 Billion Lockup Expiry

Politics

UKEuropeMiddle EastAsia

Peter Nichoills/AFP/Getty Images

London Mayor Khan Declines to Back Starmer to Stay as UK Premier

Lithuania’s Sinkevicius Seeks to Be Premier in Coalition Shift

Sudan Ditches Iran Weapons, Courting US Support for Ending War

Newsletter: Washington Edition

JD Vance Becomes Face of Trump’s Iran Deal — and Its Risks

Newsletter: Washington Edition

Questions Linger Over US-Iran Deal As Trump Heads to G7

Economics

Inflation & PricesIndicatorsCentral Banks

Damian Lemanski/Bloomberg

More Central Banks Than Ever Say They Will Buy Gold This Year

RBA Holds Key Rate, Willing to Tighten Further If Needed

Myanmar Growth Forecast Cut by World Bank on Fuel Shock

Newsletter: Economics Daily

US-Iran Deal to Reopen Strait of Hormuz Bolsters Central Bank Doves

Listen (20:21)

Bloomberg Surveillance TV: June 15th, 2026

Industries

SpaceLegalEnergyHealth

Sarah Pabst/Bloomberg

Messi World Cup Sticker Mania Spurs Black Market in Argentina

Electric Vehicle Outlook Sinks After US Withdraws Policy Support

China’s Oil Refiners Slash Output After Crude Imports Plunge

Listen (35:50)

The Deal: The "Americanization" of the World Cup

Newsletter: Auto Monitor

GM Fails to Repeat Ford’s Wall Street Bump With AI Battery Push

Green

New EnergyGreener LivingESG Investing

Sandy Huffaker/Bloomberg

U.S. Residential Solar Installations Set to Stall for Years

While most of the country is experiencing a decline, two states are bucking the trend: California and Florida.

EU Nations Approve Carbon Benchmarks for Handout of Free Permits

US Finalizes $1.6 Billion Loan to Michigan Gas Utility DTE

Listen (32:38)

Ben Cohen Regrets Making Ben & Jerry’s Public

Markets Magazine

Kena Betancur/Bloomberg

A $600 Billion Experiment Kicks Off at the Biggest US Pension Fund

CalPERS investment chief Stephen Gilmore wants to break down walls between asset classes with “total portfolio” investing.

By Martin Z Braun