Crustafarianism, The Church of Molt, Missouri Prosecutor for a Georgia Election Case, Bitcoin Will Be Dumped for Gold, Forecast Beat Outweighs Memory Price Fears, . . .

         

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Watch: US Dollar Can’t Shake Risks

Markets Wrap

Asian Stocks Climb With Metals as Volatility Eases

The Bloomberg Dollar Spot Index was a touch weaker after two days of gains.

Palantir Jumps After Stronger-Than-Expected Sales Outlook 

 

 

 

 

Timothy A. Clary/AFP/Getty Images

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exclusive

Musk’s SpaceX Combines With xAI at $1.25 Trillion Valuation

The deal gives SpaceX a valuation of $1 trillion, and xAI a value of $250 billion.

Explainer

How to Buy SpaceX

Trump’s Tariffs

US Trade Gap ShrinksContainer Growth VanishesTrump’s Negotiating Strategy

Bonnie Cash/UPI/Bloomberg

Trump Cuts India Tariffs in Deal He Links to Russian Oil

The US president said he would lower the overall levies on many Indian goods from 50% to 18% after his Indian counterpart agreed to stop buying Russian oil.

Trump Unveils $12 Billion Mineral Reserve to Counter China

Jeffrey Epstein

Key TakeawaysNew TrancheMandelson Quits Labour Party

Shawn Thew/Pool/Getty Images

Clintons Back Down, Agree to Testify in House Epstein Inquiry

NFL to Review Emails Between NY Giants Co-Owner and Epstein

Here Are Key Takeaways From the Latest Epstein Files Release

Bloomberg Opinion

The Church of Molt Is Not For Humans

The rise of Crustafarianism has confounded many tech users, but what if AI agents are merely mimicking human behavior?

By Jessica Karl, Columnist 

 

 

 

 

 

 

 

Even In Warsh’s World, , Bitcoin Will Be Dumped for Gold

By Shuli Ren, Columnist

Trump’s UAE Chip Deal Is a National Security Risk

By Timothy L. O'Brien, Columnist

Why Bondi Chose a Missouri Prosecutor for a Georgia Election Case

By Barbara McQuade, Columnist

 

 

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Technology

AICybersecurityScreentime

Kiyoshi Ota/Bloomberg

TDK Shares Soar After Forecast Beat Outweighs Memory Price Fears

OpenAI Accuses Musk’s xAI of Destroying Evidence in Court Fight

Waymo Raises $16 Billion From Alphabet and Others to Expand

Newsletter: Power On

Apple’s Historic Quarter Doesn’t Change the Need for AI Reckoning

Newsletter: Tech In Depth

OpenAI Bets on Super Bowl to Break Through the Competition

Wealth

Ken Griffin, Steve Ross Team Up to Lure More CEOs to Florida

Is the Gold Bull Over, or Just Taking a Breath?

Castel CEO’s Fate in Limbo Amid Clash Over Shareholders’ Vote

Intesa to Boost Wealth Business With New Hires in European Push

Politics

UKEuropeMiddle EastAsia

Dhiraj Singh/Bloomberg

US Trade Deal Primes Indian Stocks for Foreign Buying Rush

Trump Says Kennedy Center Renovation to Include New Carrier AC

Pritzker Revives Goal of Fully Funded Illinois Pensions by 2048

about 3 hours ago

Trump Denies Knowledge of $500 Million Abu Dhabi Crypto Stake

about 3 hours ago

Minnesota Loses Bid to Force US to Preserve Pretti Evidence

Explainers

Why Does the US Government Keep Shutting Down?

Why Even a Hint of ‘Sell America’ Rattles Global Markets

How China Uses a ‘National Team’ to Influence Trading

How Thailand’s Election Will Test Old Guard’s Grip on Power

Industries

LegalEnergyHealth

David Paul Morris/Bloomberg

Elliott Intensifies Standoff Over Toyota Industries Buyout 

 

 

 

BP Investors Demand Proof More Oil, Gas Spending Boosts Returns

Newsom Offers Tesla, EV Makers a Boost With $200 Million Rebate Plan

U.S. Dollar Can’t Shake Risks

InsightfulTake

10 hours ago

InsightfulTake | The Long Game: Inside China's Strategic Push to Reduce Dollar Dominance

 

Feb 2, 2026

Currency traders from Tokyo to New York unleashed a selloff last month that drove the US dollar into its deepest slide since President Donald Trump began his global trade war last April. 

At the heart of the dive has been Trump’s combative approach to policymaking. 

• His second term in office has witnessed an almost 12% tumble in the Bloomberg Dollar Spot Index to around its lowest since 2022. 
• Trump’s unpredictable tariff salvos, his unprecedented effort to pressure the Federal Reserve into cutting interest rates and his military threats against friend and foe alike have led many investors to pull back their dollar exposure. 

 

The massive US national debt, along with Trump’s militarized immigration dragnet and its resulting political destabilization haven’t helped, either. 

• Also lurking in the background is the US president’s seeming desire for a weaker currency that would theoretically make American products cheaper overseas.