Economy
Trump’s approval holds steady despite unpopular policies, per new NYT poll
Sep 30 2025
Trump’s strength with Republicans on the economy could prove to be a boon for the GOP.New poll reveals warning signs for Trump with Latino voters
Sep 15 2025
A survey from the liberal-leaning group Somos Votantes shows Latino voters are souring on the president.Trump is selling a strong economy. Voters aren’t buying it.
Sep 13 2025
Privately, aides concede voters remain uneasy about prices but argue their policies are beginning to turn things around.Morning Money
A startup takes on Trump’s Wall Street regulator
Oct 21 2025
The lawsuit marks a rare display of corporate resistance in Trump 2.0.What the regional bank sell-off says about the economy
Oct 20 2025
The sell-off in bank stocks that rattled markets last week is a sign that the economy is beginning to strain.Crypto’s new Capitol Hill headache
Oct 15 2025
The centerpiece of Republicans’ cryptocurrency policy agenda is stuck in the mud in the U.S. Senate, and it is becoming increasingly clear that it has little chance of becoming law this year.Trump bets on Argentina as IMF-World Bank gather
Oct 14 2025
Global economic policymakers are gathering for the annual meetings of the International Monetary Fund and World Bank to take up a host of global financial challenges.The Labor Department’s data woes are about to get worse
Oct 9 2025
The longer Congress is stuck in a stalemate over government funding, the greater the chance that furloughed Labor Department employees won’t have the data to provide accurate updates on where the economy stands.What the threat to federal workers’ backpay means for the economy
Oct 8 2025
The federal government is the largest employer in the country. When it fails to make payroll, that pulls down spending and creates a drag on economic growth.‘Zero guardrails’: CEOs brace for Trump scrutiny
Oct 7 2025
In a report out this morning, GSR’s risk advisory council identified public criticism from Trump as the leading reputational risk now faced by companies and global organizations.Business – South China Morning Post
China’s Unitree builds course for students to learn how to train robot dogs
Oct 21 2025
Unitree Robotics has launched an education platform for students to train robot dogs and understand how they operate based on the start-up’s Go2 system, as adoption of these quadruped machines expands from enthusiasts to mainstream consumers. According to its social media post on Tuesday, Unitree has developed an in-person training course with ready-to-use tools that would enable students to learn the operation, maintenance and applications of a quadruped robot – specifically, the company’s…Hong Kong dollar peg here to stay despite global shifts: currency architect
Oct 21 2025
The Hong Kong dollar’s peg to the US dollar will not change despite recent volatility and a “mild erosion” of the US dollar’s dominance, according to John Greenwood, the economist behind the city’s currency mechanism. Hong Kong’s currency board system acted “as designed” during a tumultuous year for the local dollar, Greenwood said on Tuesday during a briefing in the city. Earlier this year, a rare liquidity surge from the Hong Kong Monetary Authority’s (HKMA) defence of the currency peg sent…Grand Mayfair III sells all units amid stabilising Hong Kong property market
Oct 21 2025
Hong Kong’s first-hand housing market saw brisk transactions on Monday, with buyers snapping up all available units at a project in Yuen Long, New Territories. The 680-unit Grand Mayfair III on 29 Kam Tin Road – jointly developed by Sino Land, K Wah International, China Overseas Land and Investment and MTR Corp – sold all 138 units that were put up for sale, according to the developers. The development is part of the 2,220-unit Grand Mayfair project. The developers released the first price list…‘Clear edge’: why China’s shipyards are still dominant despite US port fee drama
Oct 21 2025
The fallout from the US-China port fee battle is still rippling through the global shipping sector as companies scramble to adapt. Yet, despite the drama, industry players still expect China to retain its edge as a leading shipbuilder – especially if the sector presses ahead with its green transition plans. The United States imposed steep new levies on Chinese-linked vessels entering American ports earlier this month as part of a wider push to curtail China’s dominance of global shipbuilding,…HSBC names new CEO of ring-fenced UK division amid biggest overhaul in a decade
Oct 21 2025
HSBC Holdings has named David Lindberg CEO of its ring-fenced UK bank, ending a long search, as the lender undergoes its biggest overhaul in a decade. Lindberg, most recently head of retail banking at NatWest Group, would start on December 8 and also joined the group operating committee, according to a statement. He is replacing Ian Stuart, who will start his new role as group customer and culture director following a handover period. CEO Georges Elhedery has undertaken the biggest overhaul of…Apple’s iPhone and beauty products lead the charge in record-breaking Singles’ Day
Oct 21 2025
Alibaba Group Holding kicked off direct sales for its annual Singles’ Day shopping festival on Monday, with initial figures surpassing last year’s performance – a sign of strengthening domestic consumption during China’s biggest online retail event. Since direct sales began on Taobao and Tmall at 8pm on Monday, 80 brands had exceeded 100 million yuan (US$13.8 million) in sales within the first hour, while more than 30,000 brands doubled their takings from a year earlier, according to data…Hong Kong an aviation hub for Greater Bay Area, beyond: Airport Authority chief
Oct 21 2025
The Hong Kong International Airport (HKIA) is poised to serve as a major infrastructure for the Greater Bay Area (GBA) and markets beyond, as a fresh surge of Chinese companies moves to expand globally over the next decade, according to the head of the city’s Airport Authority. “We mustn’t see the HKIA just as an airport for Hong Kong,” said Fred Lam Tin-fuk, Airport Authority chairman, in a speech at the Standard Chartered Hong Kong Business Summit 2025 on Tuesday. “We very much see it as a…Sea CEO sees path to US$1 trillion market cap with help of AI
Oct 21 2025
Sea founder Forrest Li told employees a trillion dollar market capitalisation – an increase of about 10 times – is possible as the Southeast Asia e-commerce leader joins tech companies globally betting on artificial intelligence for growth. In a memo to staff Monday, seen by Bloomberg News, Li compared the rapid growth of AI to the personal computer and smartphone revolutions that expanded consumer access to products and services once available only to the wealthy. But Li said it would not be…Bloomberg Markets
Bavarian Bidders Cut Bar for Takeover as Investor Clash Deepens
Oct 21 2025
Nordic Capital and Permira lowered the acceptance level of their Bavarian Nordic A/S takeover bid for the second time, stepping up efforts to bypass shareholder opposition and secure the deal.Blackstone and TPG Agree to $18 Billion Deal to Buy Hologic
Oct 21 2025
Blackstone Inc. and TPG Inc. agreed to acquire medical-device maker Hologic Inc. for as much as $18.3 billion, including debt, as private equity dealmaking accelerates in a bumper M&A market.Vanguard Adds $1.4 Trillion S&P Funds to Investor Proxy Program
Oct 21 2025
Vanguard Group is expanding its proxy voting program — designed to give shareholders a greater say on corporate resolutions at portfolio companies — to add the investment giant’s oldest index fund.Upside-Down Market Has EM Currencies Calmer Than Developed Peers
Oct 21 2025
Emerging markets are supposed to be far more volatile than developed ones. But in currencies, that’s been turned upside down this year.Zinc Sees Biggest Squeeze in Decades as LME Inventories Run Dry
Oct 21 2025
The London Metal Exchange zinc market is facing the most severe squeeze in decades as traders rush to get hold of a dwindling volume of inventory underpinning contracts on the bourse.GM Raises Outlook on Boost From Trucks, Tariff Relief
Oct 21 2025
General Motors Co. raised its full-year outlook and reported third-quarter results that beat Wall Street estimates. The automaker saw better-than-expected pickup truck sales and fresh relief from the Trump administration’s tariffs on auto parts. General Motors CFO Paul Jacobson discusses the results, supply chain challenges, and the impact of tariffs on the auto industry on “Bloomberg Surveillance.”Eos Shares Surge 23% on Deal to Power Pennsylvania Data Centers
Oct 21 2025
Shares of battery manufacturer Eos Energy Enterprises Inc. jumped as much as 23% premarket after it announced plans to develop a $75 million factory that it expects will help power firm Talen Energy Corp. feed Pennsylvania’s growing data centers.BlackRock Is Pulling Bitcoin Whales Into Wall Street’s Orbit
Oct 21 2025
Big Bitcoin holders are moving their wealth from the blockchain onto Wall Street’s balance sheet.Bloomberg Technology
Waller Welcomes ‘New Era’ for Federal Reserve in Payments
Oct 21 2025
Federal Reserve Governor Christopher Waller says the agency will be more active in studying ways to embrace innovative advancements in payments.Chesky Says OpenAI Tools Not Ready for ChatGPT Tie-Up With Airbnb App
Oct 21 2025
Airbnb Inc. Chief Executive Officer Brian Chesky said he didn’t integrate his company’s online travel app with OpenAI’s ChatGPT because the startup’s connective tools aren’t “quite ready” yet.Thai Prime Minister Asks Deputy to Explain Scam Link Allegation
Oct 21 2025
Thailand’s Prime Minister Anutin Charnvirakul said he’s asked Deputy Finance Minister Vorapak Tanyawong for a written response to allegations that he’s linked to Southeast Asian scam networks.Spark, Khosla, Sequoia Back Startup Bringing AI to Tax Collection
Oct 21 2025
Investors are betting on new software tools to grapple with one of the thorniest problems in business and life — taxes.Insight-Owned Veeam Agrees to Buy Securiti AI for $1.7 Billion
Oct 21 2025
Veeam Software, owned by private equity firm Insight Partners, agreed to buy Securiti AI for about $1.73 billion in cash and stock, adding software that helps secure corporate data used in artificial intelligence applications.UnitedHealth’s ‘Optum Real’ Uses AI to Speed Up Medical Claims
Oct 21 2025
UnitedHealth Group Inc. is testing a new system to streamline how medical claims are processed, an early example of what the company says is the potential for artificial intelligence to smooth out friction in billing.CoreWeave CEO Won’t Raise Core Scientific Bid Despite Opposition
Oct 21 2025
CoreWeave Inc. won’t increase its $9 billion offer for data center provider Core Scientific Inc., despite opposition to the deal from major shareholders.Coinbase Buys Investment Platform Echo in $375 Million Deal
Oct 21 2025
Coinbase Global Inc. said it acquired crypto investment platform Echo for about $375 million, expanding the digital-asset exchange’s footprint in private markets.Bloomberg Wealth
What Japan’s New Leadership Means for Markets
Oct 21 2025
Sanae Takaichi is seen as the heir to Shinzo Abe. But she may have less room for manoeuvre.
David Rubenstein-Backed Firm Builds $303 Million US Property Bet
Oct 21 2025
An investment firm backed by Carlyle Group Inc. co-founder David Rubenstein and other members of the world’s rich is bolstering its US real estate investments as the sector shows signs of recovery.Goldman Steps Up Saudi Wealth Bet to Target Middle East’s Rich
Oct 21 2025
Goldman Sachs Group Inc. is building out its wealth-management division in Saudi Arabia, as competition intensifies among Wall Street giants to tap into the Middle East’s largest economy.Philippines Allows Millions of Overseas Filipinos More Access to Retirement Funds
Oct 21 2025
The Philippine central bank is allowing more overseas Filipinos to invest in its debt instruments by exempting their pooled investments from a rule that limits ownership to residents.Wipeouts Threaten Korea Retail Army Chasing Riskiest Investments
Oct 20 2025
The nation’s mom-and-pop investors are piling into risky assets as they try to build enough wealth to buy a home.
Platinum Equity’s Flashy Billionaire Is Testing Fans’ Loyalty
Oct 20 2025
Tom Gores built his private equity firm into a $50 billion powerhouse. Now it’s in a fight to show this industry’s old way of doing business still works.
UK Home Prices Are Stagnant as the Budget Nears
Oct 20 2025
At least it means affordability continues to improve, albeit slowly.