Thursday, November 06, 2025

CHURNING TERMINAL: Risk of Boom-and-Bust 40% Decline, . .Bitcoin and Gold Part Ways, . .Europe Is Heading Toward Budgetary Ruin, . .The AI Bubble Has Sucked in France and Germany, Too

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Jennah Haque, Raeedah Wahid/Bloomberg
Mamdani’s Historic Win Sets Up Fight With White House
The democratic socialist rode a massive turnout to win more than 50% of votes.
Big Take: How Mamdani Plans to Woo NYC’s 1 Percent (Podcast)
Listen (19:21)
Big Take: How Mamdani Plans to Woo NYC’s 1%

US Government Shutdown

Longest ShutdownFood AidFlight Delays
Travelers At Hartsfield–Jackson Atlanta International Airport Ahead Of Memorial Day Weekend
Elijah Nouvelage/Bloomberg
US to Cut 10% of Flights on Shutdown, Spare International Routes
Trump to Raise Food Benefit Payments After Calculation ‘Error’
Explainer
The US Government Shutdown Is the Longest Ever. Why Does This Keep Happening?
South Korean Stocks
SeongJoon Cho/Bloomberg
 
 
 
 
 
 
 
 
Markets Wrap
Stocks Fall as Fed Doubts Outweigh Strong Earnings

Related

Berkshire Hathaway Plans Yen Bond
U.S. Dollar Faces Risk of Boom-and-Bust 40% Decline, RBC Warns
President Trump Announces New Tariffs In Rose Garden Speech
Kent Nishimura/Bloomberg
 
 
 
 
 
 
 
 
 
Supreme Court’s Skepticism of Trump’s Tariffs Means Uncertainty Reigns
Analysis
Key Takeaways From the US Supreme Court Hearing on Trump Tariffs

Bloomberg Opinion

Argentine Peso Weakens To Record Even As US Confirms Swap
Bitcoin and Gold Part Ways — Which Is Bad for Big Tech
There may be a silver lining in the month-long plunge to $100,000.
By John Authers and Richard Abbey, Columnists 
 
 
 
 
 
 
The AI Bubble Has Sucked in France and Germany, Too
By Lionel Laurent, Columnist
Lionel Laurent
Europe Is Heading Toward Budgetary Ruin
By Max Hastings, Columnist
Can AI Help Us Understand Skibidi Toilet?
By Catherine Thorbecke, Columnist
TuSimple self-driving trucks
TuSimple
 
 
 
 
 
 
Saga of Chinese Trucking Firm Exposes U.S. National Security Gaps
American officials thought they’d secured a deal with TuSimple to protect autonomous-driving technology. It didn’t work. 
22:34

Watch: Inside the Deaths That Rocked India's Relations With the West

The Big Take
The Attacks on Sikh Separatists That Rocked India’s Relations With the West
The inside story of how two alleged murder plots brought India, the US and Canada to a diplomatic crisis.

The AI Race

Bubble FearsAGI ExplainedCircular Deals
Sequoia
Josh Edelson/Bloomberg
Exclusive
Sequoia Plans for More AI, Less Partisanship Under Grady and Lin
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SoftBank Said to Have Weighed Potential Takeover of Marvell
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Apple Nears $1 Billion-a Year Deal to Use Google AI for Siri

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High Court Casts Doubt on Basis for Trump’s Trade War
Newsletter: Evening Briefing: Americas
High Court Casts Doubt on Basis for Trump’s Trade War
Land of the Rising Sun Slowly Warms to Private Credit
Newsletter: Going Private
Land of the Rising Sun Slowly Warms to Private Credit
Welcome to the Era of ‘Perpetual Redistricting’ for a Political Edge
Newsletter: Washington Edition
Welcome to the Era of ‘Perpetual Redistricting’ for a Political Edge
Trumponomics: Rahm Emanuel’s Recipe for America is Getting ‘Back to Basics’ (Podcast)
Listen (28:51)
Trumponomics: Rahm Emanuel’s Recipe for America
Zero: COP30’s Hunt to Find $1.3 Trillion for Climate (Podcast)
Listen (28:32)
Zero: COP30’s Hunt to Find $1.3 Trillion for Climate
Big Take Asia: How APEC Coped With the Trump-Xi Circus (Podcast)
Listen (19:02)
Big Take Asia: How APEC Coped With the Trump-Xi Circus
Bloomberg News Now

Listen to the latest: BOE Decision Day, AstraZeneca Beats Expectations, More

6:50

Most Active US Stocks

Tesla Shareholders Cast Votes With Musk’s Future on the Line
Bank of America Vows to Boost Profit, Limit Spending as Stock Trails Peers
Kimberly-Clark's $40 Billion Bid for Tylenol Maker Sparks Selloff, Trader Opportunity
Pfizer Loses Legal Bid to Temporarily Block Novo’s Metsera Offer

Bloomberg Film

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Watch: Can't Look Away: The Case Against Social Media

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‘Grand Theft Auto’ Studio Says Fired Employees Were Leaking Information
‘Grand Theft Auto’ Studio Says Fired Employees Were Leaking Information
UPS Cargo Plane Crashes In Louisville
UPS Plane Crash in Kentucky Adds to Deadly Year of Air Travel
Charlie Javice Convicted Of Defrauding JPMorgan In Startup Deal
Charlie Javice Accuses JPMorgan of ‘Hypocrisy’ on Legal Bills
TOPSHOT-JAMAICA-WEATHER-STORM-MELISSA
Here’s How Much Hurricane Melissa Was Worsened by Climate Change

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Bloomberg Businessweek

The UAE Is Winning the Race to Sequence an Entire Country’s DNA
Christopher Pike for Bloomberg Businessweek
The UAE Is Winning the Race to Sequence an Entire Country’s DNA
With almost all of its citizens’ genes already sequenced in a national database, it’s the test case for an ambitious—and, to some, concerning—approach to public health.
By Mark Bergen and Marissa Newman 
 
 
 
 
 
November 1, 2025

More from this issue:

Inside Gavin Newsom's Plan for Taking On TrumpWhat Really Happened in the Storm Clouds Over Dubai?Some Smart People Are Saying AI Is in a Bubble
 
 
Trump’s Ballroom and Obama’s Library: Critics Assess Presidential Architecture
Trump’s Ballroom and Obama’s Library: Critics Assess Presidential Architecture
An evaluation of Trump’s White House renovation and his predecessor’s “Obamalisk” in Chicago.
 
KPop Demon Hunters Is Netflix’s Biggest Hit Ever. Where Are the Toys?
The good news for fans of the wildly popular animated musical is that they can start buying dolls this month. The bad news is they won’t ship until next year.
Portugal Has Plenty of Tourists. Now It Wants Data Centers
Investment around the town of Sines totals almost 5% of GDP as the country seeks to retool its economy for the 21st century.

Markets

Odd LotsETFsCryptoDeals
Sacks of rice.
Prakash Singh/Bloomberg
Rice Prices in Asia Face More Pressure from Bumper Indian Crop
Bets on Eastern Europe Pay Off as Forint, Zloty Surge This Year
Saudi Small Caps Set to Test IPO Market Amid Valuation Scrutiny
How Are We Feeling About That Debasement Trade?
Newsletter: Odd Lots
How Are We Feeling About That Debasement Trade?
Dip Buyers Are Itching to Hit That Buy Button on Stocks
Newsletter: Markets Daily
Dip Buyers Are Itching to Hit That Buy Button on Stocks
Odd Lots podcast series logo
Odd Lots
San Francisco’s Mayor on Homelessness and AI
Listen: 36:50
Odd Lots
How Hudson River Trading Actually Uses AI
Listen: 55:15
Odd Lots
Why It’s So Costly to Build Homes in America
Listen: 46:10
The Hidden Supply Chain Making Menus Familiar


Technology

AICybersecurityScreentime
Thai King Maha Vajiralongkorn Public Appearance
Nicolas Axelrod/Bloomberg
Thai King to Pay ‘Historic’ Visit to China, Marking 50-Year Ties
Huawei Debuts Ultrathin iPhone Air Response Priced at $590
AI Won’t End Entry-Level Work
BT Broadband Customer Losses Disappoint as Competition Grows
Worldline Drops on €500 Million Share Sale to Support Turnaround

Wealth

Brazil's Financial Heart In Sao Paulo Amid Central Bank Rate Decision
Brazil to Exempt Millions From Tax and Boost Levies on the Rich
Bentley Condo Tower With Car Elevator Lands $630 Million Loan
Bentley Condo Tower With Car Elevator Lands $630 Million Loan
JPMorgan’s Billionaire Clients Want Sports Teams More Than Fine Art
Booming U.S. Recovery Is Leaving Some Communities Completely Behind
Koch Real Estate Boosts Stake in Rental Investor Amherst 
 
 

Politics

UKEuropeMiddle EastAsi  a
A train loaded with Russian wheat in Armenia.
Government of the Republic of Armenia
Armenia Receives First Freight Cargo via Azerbaijan in Decades
Trump Renews Nigeria Threat, Questions South Africa G20 Role
Reform-Linked Think Tank Pushes for Civil Service, Welfare Cuts
EU Faces Pressure to Provide Credible Funding Plan for Ukraine
South Africa Probes How Citizens Ended Up Fighting in Ukraine

Explainers

BN-EXPLAINS-Filibuster_CMS
Trump Is Calling for the ‘Nuclear Option’ to Kill the Filibuster. 
What’s That Mean?
Trump Says China Agreed To Suspend Non-Tariff Barriers In Talks
Trump’s Tariffs Face the Supreme Court. Here’s What’s at Stake
Australia Bans Social Media For Under 16s
How Will Australia’s Social Media Ban for Kids Under 16 Actually Work?

Industries

LegalEnergyHealth
Lloyds branding.
Chris Ratcliffe/Bloomberg
Lloyds Tasks 7,000 Staffers With Testing Out AI Assistant
Indonesia Limits New Nickel Permits to Add Value to Production
Sainsbury’s Lifts Outlook as UK Shoppers Drawn to Promotions
The Deal: Willow Bay (Podcast)
Listen (25:41)
The Deal: Willow Bay
Jeff Bezos’s Big Rocket Faces Critical Test
Newsletter: Business of Space
Jeff Bezos’s Big Rocket Faces Critical Test

Green

New EnergyGreener LivingESG Investing
Molten Iron Poured Into A Mold
Luke Sharrett/Bloomberg
EU Signals Flexibility on ESG Rules After Threats From Qatar, US
HSBC Says Oil, Gas Deals to Drop ‘Materially’ in Energy Mix
Satellite Hunt for Superpollutant Wins $100 Million New Funding
Zero: COP30’s Hunt to Find $1.3 Trillion for Climate (Podcast)
Listen (28:32)
Zero: COP30’s Hunt to Find $1.3 Trillion for Climate
An Optimist's Guide to the Planet Trailer
Watch (1:45)
An Optimist's Guide to the Planet Trailer

Pursuits

1104_PURSUITS_BATBOY
‘Bat Boy’ Returns After 20 Years. Does It Hold a Key to Broadway’s Future?
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Five Top Tables: The New York Restaurants to Book This Fall
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Audemars Piguet's "Crowning Achievement" Was Thought Lost. Now It's at Auction
1031_PURSUITS_BAKEOFF BETTING
The Great British Bake Off Is a Great British Betting Zone

Economics

Inflation & PricesIndicatorsCentral Banks
An assembly line at the Volkswagen factory in Wolfsburg.
Krisztian Bocsi/Bloomberg
German Industry Sees Only Partial Rebound With Jump for Cars
Maersk Boosts Global Shipping Outlook as China Exports Surge
Malaysia Holds Key Rate as Growth Proves Resilient to Levies
Lasting Economic Damage From the Longest Shutdown in US History
Newsletter: Economics Daily
Lasting Economic Damage From the Longest Shutdown in US History
Bloomberg Surveillance TV: November 5th, 2025 (Podcast)
Listen (44:38)
Bloomberg Surveillance TV: November 5th, 2025

CityLab

Travelers In Berlin Central Station
European Commission Sets Goal to Slash Train Times Across the Continent
The Man Reviving Downtown Johannesburg One Building at a Time
The Man Reviving Downtown Johannesburg One Building at a Time
Key Speakers At America Business Forum Miami
Ken Griffin Tells NYC’s Mamdani to Veer From His Talking Points
Blade Urban Air Mobility
NYC Gets 12-Minute Helicopter for Suburbanites Avoiding Gridlock

 Work & Life

Management & WorkEqualityBusiness of Sports
World Series - Los Angeles Dodgers v Toronto Blue Jays - Game Seven
Patrick Smith/Getty Images
World Series Scores 51 Million Viewers in U.S, Canada, Japan
 

Billionaire Yass Gives $100 Million to ‘Free-Speech’ College
NBA’s Spurs Seal $311 Million Subsidy for New Arena After 
Vote
US Fund Monarch Collective Makes First Deal in European Football
Stiglitz Declares an ‘Inequality Emergency’ in G-20 Report
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