Bloomberg News

Remittances sent to Mexico fell 12% in April from a year prior, registering the largest annual drop in more than a decade as US lawmakers mull taxing the transfers and Donald Trump’s administration toughens its rhetoric against migrants.

On today’s Big Take podcast: Halfway through a 90-day pause on Trump’s reciprocal tariffs, his strategy faces new challenges.

The son of private equity billionaire Leon Black has disclosed hundreds of millions of dollars of personal wealth as he awaits confirmation to lead an obscure federal agency.

Venture capitalist Marc Andreessen’s five-bedroom mansion in Atherton, California, was put back on the market for $29.5 million late last month, a nearly $4 million discount from when it was listed a year ago.

In Oklahoma, the city of Tulsa has paid more than 3,400 people $10,000 each to relocate to live and work in the city since 2018. Is the program paying off? Find out: bloom.bg/4jG9Y5G 📷: Denis TangneyJr/iStockphoto via Getty Images

The Trump administration plans to use a $400 billion green bank the president once sought to kill to finance billions of dollars in loans for nuclear reactors, geothermal power and critical minerals, according to details of the administration’s fiscal year 2026 budget request.

More layoffs at Microsoft today Over 300 people were impacted in the Seattle area. that's in addition to the mayor layoffs last month. A spokesperson says the company "continues to implement organizational changes necessary to best position the company for success in a dynamic marketplace." https://lnkd.in/eZvne-aY

Nearly seven years after a fire ripped through Ron Perelman’s Hamptons home, he is asking a New York state judge to force insurers to pay him more than $400 million for five paintings he says were damaged in the blaze.

Africa is set to be the largest beneficiary of the $200 billion that the Gates Foundation plans to give away over the next two decades, co-founder Bill Gates said.

Last chance filmmakers! Submit your short documentary about climate change to the Bloomberg Green Docs film competition by June 4, 2025. Grand prize: $25,000. Official rules: https://lnkd.in/gnCbdGv2 Here is what you need to know: • Films must address the urgency of climate change and be under 10 minutes, including credits. • The winner will be announced at the Bloomberg Green Docs Film Festival on July 16, 2025 in Seattle, WA. The top five documentaries will be shown at the festival. Please share this post!