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The first word in business news. Newsletters: bloom.bg/newsletters Podcasts: bloom.bg/podcasts The Big Take podcast: trib.al/jtoXfuT

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Bloomberg News @bloomberg.com · 22m
A bipartisan group of US senators reached an agreement to move ahead with legislation to speed up federal approval of pipelines, power lines and other large infrastructure projects
bloom.bg
Senators Reach Deal on Bill to Speed Permits for Energy Projects
A bipartisan group of US senators reached an agreement Wednesday to speed federal approval of pipelines, power lines and other major infrastructure projects while requiring protections against electricity price hikes driven by power-hungry AI data centers.
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Bloomberg News @bloomberg.com · 52m
President Donald Trump said former Federal Reserve Chair Jerome Powell should resign from the central bank’s board over the renovation of its headquarters, after a report that found a series of missteps that led to surging costs.
bloom.bg
Trump Says Powell Should Be Forced to Resign From Fed Board
President Donald Trump said former Federal Reserve Chair Jerome Powell should resign from the central bank’s Board of Governors over findings the central bank mismanaged the renovation of its headquarters.
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Bloomberg News @bloomberg.com · 1h
The leader of Ford said he hopes Trump’s trade negotiators reach bilateral agreements with Canada and Mexico “as soon as possible” before tackling a broader update of North America’s free-trade pact that’s critical to the auto industry.
bloom.bg
Ford CEO on North American Trade Deal Stakes: ‘This Has to Work’
The leader of Ford Motor Co. said he hopes President Donald Trump’s trade negotiators reach bilateral agreements with Canada and Mexico “as soon as possible” before tackling a broader update of North America’s free-trade pact that’s critical to the auto industry.
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Bloomberg News @bloomberg.com · 1h
Who are the power players inside Jane Street, Wall Street’s secretive trading house? Explore Bloomberg’s guide to the management committee, decision makers, founders and notable alumni.
bloom.bg
The Elusive Leaders Behind Jane Street’s Wall Street Rise
A guide to the management committee, decision makers, founders and notable alumni at the secretive trading house.
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Bloomberg News @bloomberg.com · 2h
As he looks to become the next Warren Buffett, Bill Ackman is now taking a page from the likes of Brookfield and Blackstone.
bloom.bg
Ackman Plans to Raise Outside Capital in Push to Emulate Buffett
As he looks to become the next Warren Buffett, Bill Ackman is now taking a page from the likes of Brookfield and Blackstone Inc.
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Bloomberg News @bloomberg.com · 2h
Snagging one of the 2,500 open jobs at newly public SpaceX requires “exceptional ability” and tacit loyalty, and Elon Musk may review your resume himself. Read more here: bloom.bg/3W0e9mk 📷: Stefani Reynolds/Bloomberg
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Bloomberg News @bloomberg.com · 2h
The MTA wants the Trump administration to exempt NYC’s purchases of new subway cars and buses from tariffs to avoid $1 billion in added fees on the nation’s biggest transit system.
bloom.bg
MTA Seeks to End $1 Billion of Tariffs on Subway Cars, Buses
New York Governor Kathy Hochul wants the Trump administration to exempt purchases of New York City subway cars and buses from tariffs to avoid $1 billion in added fees for the nation’s biggest transit system.
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Bloomberg News @bloomberg.com · 3h
Passengers on board the Boeing Co. 737 Max aircraft were settling into their final hour of flight time from Dubai to Tel Aviv on Wednesday morning when chaos suddenly erupted over the skies of Saudi Arabia.
bloom.bg
A Bloody Stabbing, Then Screams: The Fight to Save FlyDubai 1073
Passengers on board the Boeing Co. 737 Max aircraft were settling into their final hour of flight time from Dubai to Tel Aviv on Wednesday morning when chaos suddenly erupted over the skies of Saudi Arabia.
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Bloomberg News @bloomberg.com · 3h
A California federal judge cleared the way for Paramount Skydance to acquire Warner Bros. by signing off on a deal to resolve the lawsuit filed by 12 state attorneys general
bloom.bg
Paramount Judge Accepts States’ Settlement of Warner Bros. Deal
A California federal judge cleared the way for Paramount Skydance Corp. to acquire Warner Bros. Discovery Inc. by signing off on a deal to resolve the lawsuit filed by 12 state attorneys general who had opposed the $110 billion media merger.
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Reposted by Bloomberg News
Anne Cronin @annecronin.bsky.social · 3h
FREE LINK > Pennsylvania has now reported a FIFTH measles death. Avril Silva has more here > www.bloomberg.com/news/article...
bloomberg.com
Pennsylvania Reports Fifth Death From Measles in Widening Crisis
Pennsylvania has reported its fifth measles-associated death this year, as the US continues to suffer through its worst outbreak in decades.
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Bloomberg News @bloomberg.com · 3h
India’s Prime Minister Narendra Modi and US President Donald Trump discussed cooperation on defense, trade, energy, and critical technologies in their first phone call since June, according to a statement by the Indian government
bloom.bg
Trump, Modi Discuss Trade, Energy Ties as New US Tariffs Loom
India’s Prime Minister Narendra Modi and US President Donald Trump discussed cooperation on defense, trade, energy, and critical technologies in their first phone call since June, according to a statement by the Indian government.
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Bloomberg News @bloomberg.com · 4h
The Yorkville financial group was once little known on Wall Street. Now its affiliates help manage Truth Social-branded ETFs, have taken over the MAGA fund and recently hired Dan Ives to co-build an investment-banking arm
bloom.bg
Trump ETF Brand, Dan Ives Mark Yorkville’s Push on Wall Street
The Yorkville financial group was once little known on Wall Street. Now though, it is harder to miss: its affiliates help manage Donald Trump’s Truth Social-branded ETFs, have taken over the MAGA and YALL funds, and recently hired retail-investor favorite Dan Ives to co-build an investment-banking arm.
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Bloomberg News @bloomberg.com · 4h
President Donald Trump is expected to unveil plans for South Korea to invest $200 billion in US energy projects, including eight nuclear power plants, a Texas power generation facility and an Alaska natural gas export venture.
bloom.bg
Trump Set to Unveil $200 Billion of South Korean US Investments
President Donald Trump is expected to unveil plans for South Korea to invest $200 billion in US energy projects, including eight nuclear power plants, a Texas power generation facility and an Alaska natural gas export venture.
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Bloomberg News @bloomberg.com · 5h
It’s been almost two years since Nike got a new CEO, and fans are looking for progress on its turnaround.
bloom.bg
Two Years After CEO Change, Nike Investors Are Ready for Results
The company has refocused on sports, including a new Caitlin Clark shoe
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Reposted by Bloomberg News
Mark Gurman @markgurman.bsky.social · 9h
This Thursday, I’m launching the Power On Podcast and it’s all about Apple and consumer tech. It’ll be available anywhere you can get your podcasts, including on Apple and Spotify. It’ll also be a video podcast on YouTube and Bloomberg’s website. Enjoy!
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Bloomberg News @bloomberg.com · 5h
Homebuyers are “like sharks in the water looking for blood” as 7% mortgage rates force sellers to cut prices.
bloom.bg
Home Sellers Feel the Sting of 7% Mortgage Rates
Also: Another snag for NYC’s pied-a-terre tax, and help for first-time buyers in the UK and China
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Bloomberg News @bloomberg.com · 6h
The Federal Reserve’s internal watchdog found no evidence of criminal wrongdoing in the central bank’s renovation of its Washington headquarters
bloom.bg
Fed’s Watchdog Finds No Evidence of Criminality in Renovations
The Federal Reserve’s internal watchdog found no evidence of criminal wrongdoing in the central bank’s renovation of its Washington headquarters, a $2.4 billion project that became a flashpoint between the Fed and the Trump administration as the president pushed for lower interest rates last year.
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Bloomberg News @bloomberg.com · 6h
A lobbying powerhouse faces a midterm problem: Many Democrats and some Republicans up for election don't want its money
bloom.bg
AIPAC’s Growing Unpopularity Becomes a Liability, Even for Some Republicans
The lobbying powerhouse seeks to retain its influence despite accusations of partisanship and Israel's declining support with voters
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Bloomberg News @bloomberg.com · 6h
Apple plans to make its long-delayed push into the smart-home market during the week of Oct. 12, marking a critical product expansion for the company under new CEO John Ternus.
bloom.bg
Apple Is Finally Ready to Enter Its Next Big Category: the Smart Home
Apple Inc. plans to make its long-delayed push into the smart-home market on Oct. 13, marking a critical product expansion for the company under new Chief Executive Officer John Ternus.
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Bloomberg News @bloomberg.com · 7h
A prolonged whey shortage is turning into an opportunity for startups that make protein out of everything from beans to bog microbes.
bloom.bg
Startups Race to Cash In on Gold Rush Sparked by Whey Protein Shortage
A prolonged squeeze on America’s favorite protein powder is turning into an opportunity for food-tech companies that extract the macronutrient out of everything from alfalfa to bog microbes.
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Bloomberg News @bloomberg.com · 7h
Ken Griffin has spent years trying to reshape Miami from a playground for the world’s wealthy into a high-finance and technology hub. A pact with Carnegie Mellon University could complete the transformation.
bloom.bg
Ken Griffin’s University Plan Turbocharges Miami Transformation
Ken Griffin has spent years trying to reshape Miami from a playground for the world’s wealthy into a high-finance and technology hub.
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Bloomberg News @bloomberg.com · 8h
Tinder is launching a new feature called Group Hangouts designed to take the pressure off one-on-one dates, marking its latest effort to court younger users who have grown jaded with dating apps.
bloom.bg
Tinder Rolls Out Group Dating Feature in Latest Nod to Younger Users
Tinder is launching a new feature called Group Hangouts designed to take the pressure off one-on-one dates, marking its latest effort to court younger users who have otherwise grown jaded with dating apps.The feature will roll out gradually in select US markets starting Wednesday, the company said in a statement. Group Hangouts, which Bloomberg first reported on in May, offers an approach to matchmaking that homes in on shared activities and interests. It builds on the success of earlier initiat
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Bloomberg News @bloomberg.com · 8h
Traders pared back their expectations for the Federal Reserve to raise interest rates in October after the central bank’s preferred measure of inflation accelerated by less than expected.
bloom.bg
Traders Pull Back on October Fed Hike Bets After Cool PCE Data
Traders pared back their expectations for the Federal Reserve to raise interest rates in October after the central bank’s preferred measure of inflation accelerated by less than expected.
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Bloomberg News @bloomberg.com · 9h
BMW plans to use AI to help eliminate a fifth of management roles, with around 8,000 positions set to go by next year. bloom.bg/4rH5MIq 📷: Sean Gallup / Getty Images
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Bloomberg News @bloomberg.com · 9h
At Bloomberg’s Screentime conference this week, Hollywood will discuss its approach to AI.
bloom.bg
The Screentime Conference Asks Hollywood How It Feels About AI
The transformative technology is already having an impact
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Bloomberg News @bloomberg.com · 9h
A flight from Dubai to Tel Aviv narrowly avoided catastrophe after one of the pilots tried to stab his colleague, forcing the plane into a steep plunge and an emergency landing in Saudi Arabia. Get the latest: bloom.bg/4jwpPHd 📷: AP Photo
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Bloomberg News @bloomberg.com · 9h
OpenAI aims to raise at least $30 billion from investors in a new round of funding, according to people familiar with the matter, after the artificial intelligence startup pushed back its plans for an initial public offering. (Post corrects prior caption and photo credit) 📷: Minh Connors/Bloomberg
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Bloomberg News @bloomberg.com · 9h
A brazen assassination attempt on a pregnant woman has thrust "MAGA's Man in LatAm" into the center of a scandal engulfing Bolivia's government
bloom.bg
Assassination Plot Allegation Lands a MAGA Fixer in Bolivia Jail
Nadia Beller accuses her former lover, the political consultant Fernando Cerimedo, of organizing a hit on her life.
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Reposted by Bloomberg News
Micah Barkley @micahbarkley.bsky.social · 10h
As a broadcast journalism student at FAMU, I remember noticing that our local ABC station, WTXL, suddenly had no anchors, just package after package from reporters. Turns out, it was Scripps’ first experiment with going anchor-less. Now that model is spreading. Read my recent for @bloomberg.com
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Bloomberg News @bloomberg.com · 10h
The man running Tom Steyer’s property investments says distressed valuations and sky-high electricity prices have turned California into a “fantastic market” for his energy-focused strategy
bloom.bg
Billionaire Tom Steyer’s CRE Investing Arm Targets California
The man running Tom Steyer’s property investments says distressed valuations and sky-high electricity prices have turned California into a “fantastic market” for his energy-focused strategy.
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Reposted by Bloomberg News
Mark Gurman @markgurman.bsky.social · 11h
NEW: Apple will launch its next big thing on October 13, a major new smart home device with a display. Here’s an in-depth look at its design, features, apps, use cases and more — www.bloomberg.com/news/article...
bloomberg.com
Apple Is Finally Ready to Enter Its Next Big Category: the Smart Home
Apple Inc. plans to make its long-delayed push into the smart-home market on Oct. 13, marking a critical product expansion for the company under new Chief Executive Officer John Ternus.
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Bloomberg News @bloomberg.com · 10h
Snagging one of the 2,500 open jobs at newly public SpaceX requires “exceptional ability” and tacit loyalty, and Elon Musk may review your resume himself.
bloom.bg
What It Takes to Get a Job at SpaceX
The company is hiring about 2,500 people, and candidates should expect to work weekends and have their resume reviewed by Elon Musk.
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Bloomberg News @bloomberg.com · 11h
Abu Dhabi Crown Prince Sheikh Khaled's $300 billion wealth fund is a key player in the UAE's “Zero Hormuz” strategy — spending heavily on ports and infrastructure to redraw trade routes in the Gulf. Read more: bloom.bg/4yqwQOE 📷: Haruna Furuhashi/Pool/Getty Images
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Bloomberg News @bloomberg.com · 11h
Yields on 30-year Treasuries are now higher than at any point in 24 years: Evening Briefing Americas
bloom.bg
Tuesday Was a Bad Day for Bonds and Stocks
Get caught up.
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Bloomberg News @bloomberg.com · 12h
Apple plans to make its long-delayed push into the smart-home market in the next few weeks. At the center of the strategy is a hub with the code name J490. Here's what we know: bloom.bg/3VEaiLG 📷: Michael Nagle / Bloomberg
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Bloomberg News @bloomberg.com · 12h
Climate inflation, or price increases linked to man-made global warming, is starting to show up more clearly. Here are the products it’s making pricier.
bloom.bg
Climate Change Is Making These Grocery Items More Expensive This Year
A new report adds to a growing body of research that shows how extreme weather is reshaping global inflation.
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Bloomberg News @bloomberg.com · 12h
New Zealand has been accused of breaking climate commitments in its free trade agreement with the European Union in a formal complaint lodged with the European Commission by a Dutch environmental group.
bloom.bg
NZ Accused of Breaching Climate Pledges Made in EU Trade Deal
New Zealand has been accused of breaking climate commitments in its free trade agreement with the European Union in a formal complaint lodged with the European Commission by a Dutch environmental group.
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Bloomberg News @bloomberg.com · 13h
US energy regulators accepted but suspended a plan by the country’s biggest electric grid to accelerate the addition of new power supply in a region struggling to meet demand from data centers.
bloom.bg
Biggest US Grid’s Data-Center Plan Accepted With 5-Month Pause
US energy regulators accepted but suspended a plan by the country’s biggest electric grid to accelerate the addition of new power supply in a region struggling to meet demand from data centers.
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Bloomberg News @bloomberg.com · 13h
Mongolia is on course to be the world’s best stock market this quarter, as the landlocked North Asian country rides a commodity boom that insulates it from the volatile AI trade
bloom.bg
Commodity Boom Pushes Mongolian Stocks to World-Beating Quarter
Mongolia is on course to be the world’s best stock market this quarter, as the landlocked North Asian country rides a commodity boom that insulates it from the volatile AI trade.
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Bloomberg News @bloomberg.com · 13h
Citadel's Ken Griffin is donating $3 billion to Carnegie Mellon, in the largest single gift committed to a US university. Most of the money will fund a new campus in Miami: bloom.bg/4xY0hGP 📷: Eva Marie Uzcategui/Bloomberg
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Bloomberg News @bloomberg.com · 14h
Singapore and Kuala Lumpur are choking under severe haze spewing from wildfires in neighboring Indonesia, with air quality deteriorating dramatically ahead of major sporting events.
bloom.bg
Singapore, Malaysia Cloaked in Haze Before Key Sports Events
Singapore and Kuala Lumpur are choking under severe haze spewing from wildfires in neighboring Indonesia, with air quality deteriorating dramatically ahead of major sporting events.
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Bloomberg News @bloomberg.com · 15h
The Strait of Hormuz is open. So why is Brent crude still above $100 a barrel? It comes down to market psychology and a perverse bet on military strategy (via Bloomberg Opinion)
bloom.bg
Why Is Oil at $100 If Trump Is Winning the Battle in Hormuz?
I don’t know who will win the US-Iran war. But if you ask me who’s prevailing in the battle over the Strait of Hormuz, it’s clear US President Donald Trump has the advantage. As much as Tehran says the opposite, the strait is effectively wide open. Crude oil exports from regional US allies via the waterway, plus bypass routes, have risen to about 80% of prewar levels. Iran, meanwhile, has seen its own oil exports plunge to zero.
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Bloomberg News @bloomberg.com · 15h
How do you count 1.4 billion people? For the first time in a decade and a half, India is conducting a census. The population count, delayed by more than five years requires agents to fan out across the vast country. bloom.bg/4dexDts 📷️: Sanchit Khanna/Hindustan Times/Zuma Press
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Bloomberg News @bloomberg.com · 16h
Brazilian beef shipments to China face an additional 55% tariff after reaching Beijing’s annual import quota, a development that could disrupt trade between the two agricultural heavyweights and redirect global supply flows.
bloom.bg
Brazil Beef Hit With 55% China Tariff After Filling Export Quota
Brazilian beef shipments to China face an additional 55% tariff after reaching Beijing’s annual import quota, a development that could disrupt trade between the two agricultural heavyweights and redirect global supply flows.
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Bloomberg News @bloomberg.com · 16h
Singapore and Kuala Lumpur are choking under severe haze spewing from wildfires in neighboring Indonesia, with air quality deteriorating dramatically ahead of major sporting events. bloom.bg/3VatLUe 📷: Roslan Rahman/AFP/Getty Images
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Bloomberg News @bloomberg.com · 17h
China has vowed to retaliate if the European Union adopts broad tariffs on Chinese goods modeled on previous US measures, warning that such action could undermine trade negotiations with the bloc.
bloom.bg
China Warns Broad EU Tariffs Could Disrupt Trade Negotiations
China vowed to retaliate if the European Union adopts broad tariffs on Chinese goods modeled on previous US measures, warning that such action could undermine trade negotiations with the bloc.
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Bloomberg News @bloomberg.com · 18h
Toyota is bringing the Century, Japan’s ultimate four-wheeled status symbol, out of the shadows with new models and a push to raise its profile beyond its home market. Read more: bloom.bg/4hE8nyb 📷️: Akio Kon/Bloomberg
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Bloomberg News @bloomberg.com · 18h
A waterfront mansion in Sydney’s exclusive suburb of Point Piper just sold at a steep discount, underscoring the dramatic shift underway in Australia’s property market. bloom.bg/4hpq8Ru 📷️: Sotheby's International Realty
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Bloomberg News @bloomberg.com · 18h
President Donald Trump endorsed using outside auditors to assess the safety of AI systems through an accord with Silicon Valley leaders that seeks to sidestep new government rules in addressing a groundswell of concern over AI risks.
bloom.bg
Trump Backs Independent AI Audits in Shift of Safety Posture
President Donald Trump endorsed using outside auditors to assess the safety of artificial intelligence systems through an accord with Silicon Valley leaders that seeks to sidestep new government rules in addressing a groundswell of concern over AI risks.
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Bloomberg News @bloomberg.com · 19h
Around one in three trucks sold in China this year will be electric.
bloom.bg
China Has an 18-Wheel Answer to Soaring Global Diesel Prices
Around a third of trucks sold in China this year will run on electricity, furthering Beijing’s goal of bolstering energy security.
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