A $40 Billion ETF Shuffle Helps Foreign Investors Dodge US Taxes, . . Waymo's First $3Billion Debt Deal

  

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Mark Walter’s Insurers Borrowed From Home Loan Bank While Lending to Affiliates

Walter’s two biggest insurers — part of a unit dubbed Group 1001 — owed more than $6 billion to the Federal Home Loan Bank of Indianapolis at the end of June.

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Mark Walter’s Defiant Empire Confronts Growing Unease Over Probe

Fed Chairman Warsh Lays Out His Own Data Dashboard for Reading the US Economy

Warsh has promised a rethink of how the central bank is analyzing economic data.

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Watch: Chevron CEO Says It's Now Safer to Invest in Venezuela

Chevron to Invest $7 Billion to Double Its Venezuelan Output

It's the largest financial commitment so far in a US government-led push to revive the Latin American country’s industry.

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UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

The university’s investing chief made a bet that few of his peers would touch, giving money to the hedge fund’s 24-year-old founder, Leopold Aschenbrenner, last year.

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SEC Subpoenas Wall Street Banks Over Situational Awareness

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Watch: The Big Business of Helping the Rich Dodge Taxes

The Big Take

A $40 Billion ETF Shuffle Helps Foreign Investors Dodge US Taxes

Major institutions are flipping between near-identical equity funds to avoid receiving dividends — and the 30% tax that comes with them.

Bigger SALT Break Delivers Tax Savings in Unexpected Places

Bloomberg Opinion

El-Sayed Should Pull an Obama to Repel Republican Attacks

By Nia-Malika Henderson, Columnist 

Don’t Be Seduced by the Language of AI

By Parmy Olson, Columnist

This 80-Year-Old Democrat Just Showed Ideas Still Matter

By David M. Drucker, Columnist

Joyful Spending Is America’s Guilty Pleasure

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Watch: US-Iran Conflict Intensifies, Rattling Markets

US-Iran Clashes Escalate as Fears Grow of Extended Conflict

Renewed fighting has brought an abrupt end to a month of subdued military activity.

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Watch: Uber to Cut 3,300 Jobs in Management Overhaul

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Uber to Cut 10% of Jobs, or 3,300 Roles, to Slash Bureaucracy

The massive restructuring is also aimed at reallocating spending into its ride-sharing, delivery and robotaxi businesses.

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Uber’s $15 Billion Delivery Hero Takeover Gains Board Backing

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Watch: Why Young Investors Are TakgSo Much Ri

Parents Push Teens to Start Investing Earlier Than They Did

Families see joint accounts that let kids invest as a way to teach financial literacy and protect against an uncertain future.

More Rank-and-File Workers Are Getting Paid in Company Stock 

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US Companies Added 38,000 Jobs in August, ADP Says

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Chevron CEO Wirth on Investing $7 Billion in Venezuela

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Apollo’s Slok Sees Iran War, Tariffs Driving US Yields Higher

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Bessent on China's G20 Dissent, Japan, and Canada Spat

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Waymo Taps Pimco, Blackstone for $3 Billion in First Debt Deal

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Trump Plans to Open Utah Wildlife Refuge to Oil, Gas Drillers

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Amazon, Walmart Face Data Requests in DOJ Beef Antitrust Probe

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Burnham Offers More Style Than Specifics in Parliament Debut

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Kalshi Seeks Never-Expiring Oil Futures Amid 24/7 Trading Debate

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Napster Shifts Course to Penny-a-Minute AI Agents Via Microsoft

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Iran-linked Hackers Hit 100 American Water Utilities

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Markets Magazine

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AI Looms Over Software Companies — and the Investors Who Piled Into Them

Buyout funds and lenders were drawn to reliable revenue and low costs. Now the entire business model is at risk.

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The Struggle to Wean Stock-Shy Europeans From Their Bank Deposits

Growth-hungry EU governments want citizens to buy equities, and financial firms are looking for a piece of the action.

AI Boot Camps Surge as Workers Race to Learn New Skills

People are anxious to show they’ve learned the technology, even if it’s hard to predict what skills employers will be looking for.

Japan’s Inflation Paradox Is Creating Winners and Losers

Rising prices are fueling a backlash against the government even as they signal a new era of economic dynamism after years of deflation.