Dollar Slump Shows Traders Are Embracing Risk Again, . .Anthropic Attracts Investor Offers at an $800 Billion Valuation

        

 

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Watch: US, Iran Consider Second Round of Peace Talks

Trump Hints at War’s End as Hormuz Standoff Chokes Oil Flows

The shift in the narrative from Washington has left many questions unanswered, including the fate of Iran’s enriched uranium.

Listen (16:54)

Big Take: The Logic Behind the Hormuz Blockade

Markets Wrap

US Stocks Ease as Traders Await Peace Talk Details

Hedge Funds Pivot to Bearish Dollar Bets on US-Iran Talks Optimism

Iraq-Bound Tanker Sails Into Gulf After Second Attempt at Hormuz

The AI Race

The Iran War and AIBorrowing BoomBonanza or Bubble?

Gabby Jones/Bloomberg

Anthropic Attracts Investor Offers at an $800 Billion Valuation

ASML Raises 2026 Sales Forecast as AI Demand Fuels Growth

Exclusive

SoftBank Lenders Ask More Banks to Join $40 Billion OpenAI Loan

Three Major Mistakes That Could Mess Up Your Retirement Plans

How to Retire Rich

A year-by-year guide to setting — and meeting — your retirement goals.

Tax Refunds Are Up, But Many Americans Aren’t Feeling It

Michael Nagle/Bloomberg

 

 

 

 

 

 

 

 

 

 

 

 

 

Exclusive

Pimco Buys All $400 Million of Bonds Sold by Blue Owl BDC

Related

Banks Tally $100 Billion of Private-Credit Loans as Calm Urged

BlackRock Sees Private Credit Tumult as Way to Take Market Share

Bloomberg Opinion

The US and Iran Should Turn This Pause Into Peace

Editorial Board 

 

 

 

 

 

 

 

Why Aren’t Americans Working as Hard as They Used to?

By Allison Schrager, Columnist

America’s Amateur Diplomats Are Set Up to Fail

By Andreas Kluth, Columnist

Mamdani's Waymo Ban Is the Wrong Way to Regulate Robotaxis

By Gautam Mukunda, Columnist

Nathan Laine/Bloomberg

 

 

 

 

 

 

Luxury Giants Slump as Gulf Demand Seizes Up Due to War

LVMH, Kering and Hermès all reported weak first-quarter sales.

RMS

8.33%

Hermès Falls Most on Record as Middle East War Hurts Sales

Mel Musto/Bloomberg

 

 

 

 

 

 

 

 

 

Prosecutors Made Unannounced Visit to Federal Reserve in DC

Tuesday’s surprise visit has the potential to further delay Warsh’s nomination in Congress.

Prashanth Vishwanathan/Bloomberg

The Big Take

China’s Control Over Tech Is Threatening India’s Manufacturing Dreams

India’s biggest companies are struggling to break Beijing’s grip on production of batteries, EVs and critical minerals.

Related

Trump Hormuz Blockade Risks Showdown With Xi Before Summit

China’s Stimulus Kept at Bay With Growth Set to Rebound Amid War

PNC’s Lending Income Tops Estimates After Takeover of FirstBank

Businessweek

AI Natives Are Entering the Workforce. It’s Complicated

Vance Says Pope Should Be Careful With Words After Iran Critique

Lululemon Sparks China Social Media Debate On ‘Forever Chemicals’

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  • Angola Plans Diamond Output Boost to Offset Global Price Slump

    
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    The US and Iran Should Turn This Pause Into Peace

    
  • Trump Hormuz Blockade Risks Showdown With Xi Before Summit

    
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  • Iranian Oil Arrives in India Just Ahead of US Waiver Expiry

    
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Bloomberg Businessweek

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Quince’s Best-Kept Secret Isn’t Its Cheap Cashmere and Couches

The online apparel retailer has become a $10 billion-plus e-commerce giant by mastering the art of the supply chain.

By Amanda Mull 

 

 

 

 

Unilever Bets Big on Gummies as Next Frontier in Wellness

The company’s billion-plus-dollar Grüns acquisition comes as consumers shun packaged food and swoon over supplements.

The AI School Bus Camera Company Blanketing America in Tickets

BusPatrol says its technology helps curb dangerous driving at no cost to cities. Public records from across the US often tell a different story.

Markets

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Michael Nagle/Bloomberg

Dollar Slump Shows Traders Are Embracing Risk Again

Greenback index is at its lowest since early March 

 

Wall Street Goes Bottom Fishing in Beaten-Down Software Stocks

Iranian Oil Arrives in India Just Ahead of US Waiver Expiry

 

 

Politics

UKEuropeMiddle EastAsia

Christopher Dilts/Bloomberg

Trump Urges ‘Slim’ Spending Package, Downplays New Tax Cuts

Modi’s Rivals Unite to Block India Parliament Expansion Plan

Sweden Sees Russia Intensifying Cyber Attacks on Infrastructure

 

 

 

 

Green

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Simon Wohlfahrt/Bloomberg

Defense Firms Are Asking EIB for Help Navigating Energy Crisis 

 

 

Amundi Plans to Hire for Blended Finance in Push for More Deals

England Has 1.2 Million Buildings at Risk of Flooding With No Defenses

 

Economics

Inflation & PricesIndicatorsCentral Banks

Tim Rue/Bloomberg

LA Port Chief Lays Out Lengthy Timeline for Hormuz Recovery, Sees Higher Costs

Surging costs for shipping fuel are going to hit American consumers, he says

ECB’s Lagarde Sends Mixed Signals From the IMF

Greece Is Set to Reveal Yet More Outperformance on Budget Goals