Ushering in The Era of The K-Shaped economy, , ,Clouds on The Economy, , ,The US Economy Is Walking a Tightrope Between Aging and AI

  

Current Time 0:09

Watch: Apple Sues OpenAI for Trade Secret Theft

Apple Sues OpenAI for Trade Secret Theft in Pivotal Case

The legal fight represents a dramatic turn for two companies that worked as close partners in recent years.

Related

SK Hynix Debut Is a Bet That AI Breaks Boom-and-Bust Chip Cycle

US Eases Export Curbs on UAE, Opening Door for AI Chip Sales

Ozan Kose/AFP/Getty Images

Trump Says Iran Ceasefire Over But Talks on Deal to Continue

The president’s comments follow several nights of US airstrikes and Iranian retaliation that raised doubts about further talks.

CO1

0.38%

CL1

0.93%

Related

Trump Vows to Decimate Iran If It Carries Out Assassination Plot

US Demands Iran Declare Strait of Hormuz Open to All Ships

Scarlett Casciello for Bloomberg

Weekend Essay

How to Raise Young Children in One of Europe’s Hottest Capitals

By Laura Millan

Dispatch

The Future of Fierce English Mustard Is in American Hands

Weekend Essay

What Britain Can Learn From Greece’s Economic Recovery

Profile

Emily Henry Is the Queen of Happily Ever After

Pursuits

740 Million People Are Living With a Condition They Rarely Talk About

Tinnitus has baffled doctors and burdened sufferers for centuries. The notion that patients should just live with it is beginning to fade. 

Feature

A Tiny Island Near Singapore Has Become Asia’s Hub for Russian Oil

At least $1.6 billion worth of Moscow’s diesel, fuel oil and other products has been funneled from Indonesia’s tiny Karimun into major markets across the region.  

Pursuits

Why China’s Biggest Hits Are Still Ballads

Western pop has become increasingly beat-driven, but slow-burn songs remain the soundtrack of the Sinosphere.

How Will Andy Burnham Deal With Donald Trump?

Weekend Interview

A History Lesson for Andy Burnham: ‘It’s Safer to Be Bold’

Illustration: Zazie Dormon for Bloomberg

Weekend Essay

, , ,The US Economy Is Walking a Tightrope Between Aging and AI, , ,

In theory, the labor market’s two biggest challenges should offset each other. Instead, they’re poised to compound one another.

Earlier

AI Is Making Silicon Valley Productive, Anxious and Afraid to Log Off

Tarini Sharma for Bloomberg Businessweek ; Photographers: Avishag Shaar-Yashuv for Bloomberg Businessweek (Waldman); Maya Alleruzzo for Bloomberg Businessweek (Masri); war photos: Getty Images (2)

The Big Take

The Shattering of the Middle East’s Most Unlikely Friendship

Israeli tech titan Eyal Waldman and Palestinian tycoon Bashar Masri were best pals. The Hamas attack and Israel’s response made them bitter enemies.

What to Know About the Parasite Sickening People Across the US

A diarrhea-causing parasite has infected people in 31 states already, with multiple places reporting an uptick in the resulting illness in the last two weeks compared to a year ago.

NYC Finds Legionnaires’ Bacteria at 31 Upper East Side Sites

Today’s Videos

9:57

Why Young Investors Are Taking So Much Risk

30:17

SK Chairman Chey Tae-won on SK Hynix Debut, AI Demand and US Plans

2:12

More Americans Are Getting Prenups, Even If They Aren't Rich

36:16

Sarah Ketterer's Contrarian Investment Playbook

15:00

Bain Capital's Pagliuca on AI, Quantum Computing, Sports Valuations

45:37

New Podcast

Emerging: Can India Catch Up in the AI Race?

Latest

13 min

Moldovan President Designates Investor Vasile Tofan as Premier

21 min

EU Warns Push to Diversify Away From China Will Need Funding

22 min

UK’s Reeves to Focus on AI Opportunities in Speech to City

60 min

China Alcohol Group Urges Stricter Oversight of Online Sales

1 hr

China Tells Refiners to Keep Fuel Output High as Iran War Drags

1 hr

Charting the Global Economy: Iran War Continues to Cloud Outlook

See all latest

In Focus

War With IranUS StocksSK HynixAppleCryptoVideo Games

Subscriber Only

Get the Business of Sports newsletter.

Delivering the context you need on the collision of power, money and sports, from the latest deals to the newest stakeholders.

Preview

Bloomberg News Now

Listen to the latest: Apple Sues OpenAI, Nasdaq’s Griggs on SK Hynix, More

5:18

Updated 7 hr ago

US, Canada Strike Deal to Open Detroit-Windsor Bridge on July 27

Platner Quits Maine Race as Democrats Seek Quick Replacement

Ryanair Passenger Partly Sucked From Jet After Window Breaks

Bloomberg Opinion

Meta Is Ushering In the Era of the K-Shaped Company

By Beth Kowitt, Columnist 

Americans Are Done With Being Put in Racial Boxes

By Justin Fox, Columnist

On the Iran War, Latin America's Economies Dodged a Bullet

By Juan Pablo Spinetto, Columnist

The Return to Flying Faster Than Sound Will Start Small

By Thomas Black, Columnist

Stories for You

Gates Heir’s Shopping App Claimed Sales It Didn’t Drive

Eric Trump’s Bitcoin Bet Erases $600 Million From Family Fortune

Microsoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video Game

China Again Warns Russia Not to Use Nuclear Arms Against Ukraine

Technology

AICybersecurityScreentime

SeongJoon Cho/Bloomberg

OpenAI Safety Head Heidecke to Leave Firm After Reshuffle: Wired

Hedge Fund Elliott Builds Stake in Software Firm CCC

SK Hynix CEO Expects Memory Crunch to Last Beyond 2030

Newsletter: Power On

Apple’s Sweeping Price Increases Bring Home the Costs of the AI Era

Newsletter: Tech In Depth

SK Hynix Is Making History With Its US Debut

Money

What If the AI Bubble Pops?

Is Buying a Home Still the Way to Wealth? Some Young Americans Aren't Sure

US Mortgage Rates Rise to 6.49%, Reversing Last Week’s Drop

So, You Want to Retire Abroad? Consider These Money Moves.

Politics

UKEuropeMiddle EastAsia

Elena Covalenco/AFP/Getty Images

Moldovan President Designates Investor Vasile Tofan as Premier

EU Warns Push to Diversify Away From China Will Need Funding

UK’s Reeves to Focus on AI Opportunities in Speech to City

Newsletter: Washington Edition

Here Are the Week’s Winners and Losers

Newsletter: Washington Edition

Falling Israel Support Shapes US Political Battles Ahead

Economics

Inflation & PricesIndicatorsCentral Banks

NurPhoto/NurPhoto

Charting the Global Economy: Iran War Continues to Cloud Outlook

Gasoline Prices Fuel Fresh Acceleration in Russian Inflation

Fed Vows to Deliver Price Stability in Monetary Policy Report

Bloomberg Businessweek

Getty Images

A $10 Jar of Tomato Sauce Is Reason to Celebrate

Grocery shoppers have more options than ever in the choice between quality and cost.

By Deena Shanker 

More from this issue:

Eli Lilly Got Huge by Making Us ThinThe Billion-Dollar Peptides Gold RushBeing a CEO Today Stinks (Except for the Salary)

‘Ziplink Is Now Froggle’: The Story Behind the Fake AI Ads That Went Viral

The surge in tech campaigns on public transit is spurring satirists from New York to London to create their own versions.

The Great American Fun Shortage of 2026

This week on Everybody’s Business, Bloomberg reporter Ben Steverman joins to explore the reasons why happiness in the US has been on the decline for years.

World Cup Panini Sticker Book Fans Brace for End of a 60-Year Tradition

Collectors fear US rival Fanatics will shift emphasis to trading cards as it takes over licenses.

Bloomberg Originals

76:09

Can’t Look Away: The Case Against Social Media

12:00

Weekly Docs

Can Cuba’s Economy Survive Trump?

22:31

The Circuit

How Karlie Kloss Went From Cover Girl to Media Mogul

4:29

Why Tech Talent Is Turning Away from the US

Markets

Odd LotsETFsCryptoDeals

HECTOR RETAMAL/AFP

China Tells Refiners to Keep Fuel Output High as Iran War Drags

Eni’s Descalzi Says Energy Crisis May Worsen in Short Term: Sole

Kazakh Tycoon Turlov’s Freedom Raises $300 Million for Expansion

Listen (47:55)

Bloomberg Wall Street Week: July 10th, 2026

Newsletter: Markets Daily

Leveraged Bets on SK Hynix to Multiply After US Debut

Odd Lots

Korea’s Levered ETFs Shake Up Global Markets

Listen: 43:27

Odd Lots

Man Group’s Massive Growth in Token Spending

Listen: 52:28

Odd Lots

The Sharps Who Dominate Prediction Markets

Listen: 48:21

Odd Lots

How Aldi Strategizes to Lower Grocery Costs

Listen: 50:29

Pursuits

Why Do So Many Recent Books Want to Dismantle the Nuclear Family?

Inside the Rise of the $4,000 Anti-Inflammation Retreat