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Trump Says He May Speak to Xi This Week After Tariffs Truce

Watch: Trump Says US Achieved Total Reset With China

Xi Defiance Pays Off as Trump Meets Most Chinese Trade Demands
Exclusive
US Said to Welcome EU Proposal to Cooperate on Economic Security
Chinese Exporters Elated by Reprieve in US-China Trade War

Watch: Trump Says US Achieved Total Reset With China

Markets Wrap
Stocks Power Global Risk Rally on US-China Truce
A sharp rebound in risk-appetite amid a reprieve in the trade war between the US and China spurred a rally in stocks.
Consortium Of Hospitals To Launch Own Drug Company To Counter Rising Prices
George Frey/Getty Images
Trump Wants Medicare to Pay Less Than Foreign Countries for Drugs
President Donald Trump is attempting to implement a plan to cut drug prices for Americans by more closely aligning their costs to lower prices paid abroad.
House Enters Third Day Of Speaker Votes With Other Work On Hold
Trump Announces Executive Order to Lower Drug Prices
Watch (2:27)
Trump Announces Executive Order to Lower Drug Prices
Fed’s Cook Says Rate Cut Needed At Some Point But Timing Unclear
Ting Shen/Bloomberg

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Ukrainian soldiers at the site of a Russian missile attack in Kyiv.
Andrew Kravchenko/Bloomberg
Trump’s Ukraine Push Comes to a Head With Challenge to Putin
Ukrainian President Volodymyr Zelenskiy challenges his Russian counterpart to engage in talks this week.
Trump Floats Joining Possible Ukraine-Russia Talks in Turkey
Mideast Wars
Hostages and Missing Families Forum/AP Photo
Hamas Frees Israeli-US Hostage Ahead of Trump’s MidEast Visit
The release comes ahead of President Donald Trump’s visit to the Middle East.
Trump Casts Netanyahu Adrift With Shifts on Iran, Houthis, Gaza

Listen, Watch and Catch Up

Who Is Pope Leo XIV?
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Who Is Pope Leo XIV?
Can You Americanize the Premier League?
Watch (10:30)
Can You Americanize the Premier League?
Bloomberg Intelligence: Trump Aims to Cut US Drug Costs by Pegging to Prices Abroad (Podcast)
Listen (23:48)
Bloomberg Intelligence: Trump Aims to Cut Drug Prices
Bloomberg Talks: Ekaterina Zaharieva Talks EU Investment into Research (Podcast)
Listen (11:36)
Bloomberg Talks: Ekaterina Zaharieva Talks EU Research
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Newsletter: Deals
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Bloomberg Businessweek Daily: Bitcoin & Citadel (Podcast)
Listen (14:38)
Bloomberg Businessweek Daily: Bitcoin & Citadel
Who Is Pope Leo XIV?
Watch (1:20)
Who Is Pope Leo XIV?
Can You Americanize the Premier League?
Watch (10:30)
Can You Americanize the Premier League?
Bloomberg Intelligence: Trump Aims to Cut US Drug Costs by Pegging to Prices Abroad (Podcast)
Listen (23:48)
Bloomberg Intelligence: Trump Aims to Cut Drug Prices
Bloomberg Talks: Ekaterina Zaharieva Talks EU Investment into Research (Podcast)
Listen (11:36)
Bloomberg Talks: Ekaterina Zaharieva Talks EU Research
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Newsletter: Deals
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Bloomberg Businessweek Daily: Bitcoin & Citadel (Podcast)
Listen (14:38)
Bloomberg Businessweek Daily: Bitcoin & Citadel
Bloomberg News Now

Listen to the latest: Stocks React to US-China Truce, Trump Vows to Lower Drug Costs

4:53

Bloomberg Opinion

US Imported Pork Warehouse In Shanghai As Trump Tariffs Spark China Retaliation
Bloomberg Opinion
Trump and Xi Tone Down a Senseless Trade War
Prohibitive tariffs cost millions of jobs on both sides of the Pacific. This 90-day truce is a good start. 
By Shuli Ren, Columnist
Liberals Should Focus on Class, Not Race
By Nia-Malika Henderson, Columnist
Nia-Malika Henderson
Slowing Innovation Is Ruining American Politics
By Gautam Mukunda, Columnist
Gates Video at the Plaza
Note to Feds: Don’t Destroy Google
Editorial Board

Most Active US Stocks

Key Speakers at Transforming Business through AI Conference
Kosuke Okahara/Bloomberg
Exclusive
SoftBank Stargate Venture With OpenAI Snags on Tariff Fears
SoftBank’s plans to invest $100 billion in AI infrastructure in the US have slowed, with economic risks stemming from Washington’s tariffs holding up financing talks.
OpenAI’s For-Profit Overhaul Is Far From Being a Done Deal
Trump Stokes Harvard Feud By Threatening Tax-Exempt Status
Mel Musto/Bloomberg
Harvard Hits Back at Education Secretary McMahon, Denying Political Bias
"I must refute your claim that Harvard is a partisan institution," Alan Garber, the university’s president, said in a letter to the education secretary.

Watch: India's Diplomat Ambule On India-Pakistan Conflict

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Listen, Watch and Catch Up

Who Is Pope Leo XIV?
Watch (1:20)
Who Is Pope Leo XIV?
Can You Americanize the Premier League?
Watch (10:30)
Can You Americanize the Premier League?
Bloomberg Intelligence: Trump Aims to Cut US Drug Costs by Pegging to Prices Abroad (Podcast)
Listen (23:48)
Bloomberg Intelligence: Trump Aims to Cut Drug Prices
Bloomberg Talks: Ekaterina Zaharieva Talks EU Investment into Research (Podcast)
Listen (11:36)
Bloomberg Talks: Ekaterina Zaharieva Talks EU Research
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Newsletter: Deals
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Bloomberg Businessweek Daily: Bitcoin & Citadel (Podcast)
Listen (14:38)
Bloomberg Businessweek Daily: Bitcoin & Citadel
Who Is Pope Leo XIV?
Watch (1:20)
Who Is Pope Leo XIV?
Can You Americanize the Premier League?
Watch (10:30)
Can You Americanize the Premier League?
Bloomberg Intelligence: Trump Aims to Cut US Drug Costs by Pegging to Prices Abroad (Podcast)
Listen (23:48)
Bloomberg Intelligence: Trump Aims to Cut Drug Prices
Bloomberg Talks: Ekaterina Zaharieva Talks EU Investment into Research (Podcast)
Listen (11:36)
Bloomberg Talks: Ekaterina Zaharieva Talks EU Research
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Newsletter: Deals
AI's Gas Guzzlers Spur Power Generation M&A in 2025
Bloomberg Businessweek Daily: Bitcoin & Citadel (Podcast)
Listen (14:38)
Bloomberg Businessweek Daily: Bitcoin & Citadel
Bloomberg News Now

Listen to the latest: Stocks React to US-China Truce, Trump Vows to Lower Drug Costs

4:53

Most Active US Stocks

Robin Hood Benefit 2022
Wall Street’s Favorite Charity Is Preparing for a Future Without Its Founder
Newsom Orders Crackdown On California Homeless Encampments
Newsom Urges California Cities to Ban, Remove Homeless Camps
New York City Mayoral Forum At The National Action Network Convention
Cuomo Improperly Coordinated with PAC on $600,000 Ad, NYC Board Says
Cleveland Cavaliers v Indiana Pacers - Game Four
Peacock’s NBA Coverage Is Going to Look a Lot Different Than TV

Bloomberg Businessweek

Trump’s Immigration Crackdown Hinges on Small Towns Hooked on Private Prisons
Bianca Bagnarelli for Bloomberg Businessweek
Trump’s Immigration Crackdown Hinges on Small Towns Hooked on Private Prisons
Like a growing number of US communities, Torrance County, New Mexico, is convinced its financial survival depends on locking people up.
By Rachel Adams-Heard, Polly Mosendz and Fola Akinnibi
May 1, 2025

More from this issue:

GM’s Mary Barra Has to Make a $35 Billion EV Bet Work in Trump’s AmericaIt’s Legal to Pay US Workers With Disabilities as Little as 25¢ an HourThe Rise and Fall of the Stock Market’s Music King
Elon Just Got His Very Own Town
Elon Just Got His Very Own Town
On this episode of Elon, Inc., we explore why DOGE is taking its sweet time with the SEC and the arrival of the ultimate company town.
Pre-Tariff Car Buying Frenzy Leaves Americans With a Big Debt Problem
Consumers who raced to replace their vehicles because of Trump’s trade policies risk a costly financial hangover that could last years.
Chinese Travelers Choose Skydiving and Safaris Over Handbags
Shopping is out and experiences are in for Mainlanders traveling abroad.

Markets

ETFsCryptoDeals
Brazil's Sugar Leader Raizen To Sell Assets, Cut Investments
Victor Moriyama/Bloomberg
Brazilian Ethanol Producer Raizen Agrees to Sell Sugar Plant in Debt-Slashing Push
Small Private Credit Loans Weakening Fastest, Moody’s Says
Tata Steel Profit More Than Doubles, Beating Estimates
Odd Lots: Philip Diehl on the Booming Business of Gold Coins (Podcast)
Listen (41:58)
Philip Diehl on the Booming Business of Gold Coins
GLP-1 Drugs and TikTok Influencers Tipped Over WeightWatchers
Newsletter: The Brink
GLP-1 Drugs and TikTok Influencers Tipped Over WeightWatchers

Bloomberg Originals

10:30
Can You Americanize the Premier League?
Can You Americanize the Premier League?
9:56
President Trump Holds Cabinet Meeting
Elon Musk’s 100-Day Bet
15:56
How China Is Building an Army of Hackers
How China Is Building an Army of Hackers
10:51
How Bond Vigilantes Made Trump Blink
How Bond Vigilantes Made Trump Blink

Space

Computer Data Tech Following Unprecedented Global Cyberattack
Speedcast Mulls Breakup, Sale of Ground Stations Unit
Blue Origin Launches All-Female Crew Into Space For Brief Flight
Bezos Space Ambitions at Risk With Musk’s Man at NASA
Venture-Backed US Firm Inks Deals to Harvest Moon Resources
Venture-Backed US Firm Inks Deals to Harvest Moon Resources
NASA's SpaceX Crew-10 To Launch From Cape Canaveral In Dragon Capsule
Trump’s NASA Nominee Backs Funding Method That Benefitted SpaceX

Technology

AICybersecurityScreentime
Five Bulgarian Nationals Appear In Court Charged With Spying For Russia
Carl Court/Getty Images
Bulgarians Who Spied for Russia Sentenced to Jail by UK Judge
Pritzker Scores Quantum Win as Australian Firm Picks Chicago Hub
The New Billionaires of the AI Boom
Elon, Inc: Robot Besties, Movie Tariffs and Tales from the Crypto (Podcast)
Listen (33:45)
Elon, Inc: Robot Besties and Movie Tariffs
The iPhone Is a Nicer Place With Fewer Restrictions After Ruling
Newsletter: Tech In Depth
The iPhone Is a Nicer Place With Fewer Restrictions After Ruling

Wealth

This 30-Year-Old’s Startup Is Bringing Leverage to 401(k) Savers
This 30-Year-Old’s Startup Is Bringing Leverage to 401(k) Savers
Inside The 2023 CES Trade Show
CrowdStrike CEO Cuts His Voting Power by 92% With Unexplained Gifts
UK Chancellor of the Exchequer Rachel Reeves Presents Spring Statement
UK Chancellor Reeves Set to Review ISAs Within Weeks, FT Reports
Grizzly Bear
How a Real Bear Market Will Play Tricks on You

Politics

UKEuropeMiddle EastAsia
First Calm Night In Recent Days Following India-Pakistan Ceasefire Agreement
Firdous Nazir/NurPhoto/Getty Images
Modi Says India’s Reaction Is ‘New Normal’ in Pakistan Relations
Petro to Sign China Investment Deal as Beijing’s Influence Grows
Detained Duterte Set for Mayoral Win Ahead of ICC Trial in Hague
GOP Starts Crucial Week With Tax, Spending Issues Unanswered
Sara Duterte Allies Outperform in Race for Philippine Senate

Explainers

Newroz Celebrated In Turkey
What Outlawed PKK Laying Down Arms Means for Turkey and the Kurds
2:57
Operations At The Port Of Newark
What to Know About the US-China Trade War as Talks Begin
SUDAN-CONFLICT-REFUGEES-ZAMZAM-RSF
Sudan Is Being Ravaged by a Civil War the World Has Overlooked
11:16
A General Motors Car Dealership Ahead Of Earnings Figures
Why Trump’s Auto Tariffs Are Poised to Drive Up Car Prices

Industries

LegalEnergyHealth
A Boxer store
Pick n Pay
South Africa’s Recently Listed Budget Grocer Plans More Stores
US Retail Stocks Surge Following Rollback of China Tariffs
Mayo Sees JPMorgan Becoming $1 Trillion Bank Within Three Years
The Deal: Zak Brown (Podcasts)
Listen (42:22)
The Deal: Zak Brown (Podcasts)
Venture-Backed US Firm Inks Deals to Harvest Moon Resources
Newsletter: Business of Space
Venture-Backed US Firm Inks Deals to Harvest Moon Resources

Bloomberg en Español

Suscríbase aquí al boletín Cinco Cosas
Deportaciones de Trump ponen en jaque a una ciudad brasileña que vive de enviar migrantes
Deportaciones de Trump ponen en jaque a una ciudad brasileña que vive de enviar migrantes
El Palacio Quemado en La Paz, Bolivia.
La cruzada del hombre más rico de Bolivia para derrotar a la izquierda
Trump and Putin
Mensaje de Trump a estadounidenses es lo que Putin quiere que escuchen sobre Ucrania
Importaciones chinas tienen contra las cuerdas a los sastres de quinceañeras de México
Importaciones chinas tienen contra las cuerdas a los sastres de quinceañeras de México

Green

New EnergyGreener LivingESG Investing
Daily Life in the Greenland Capital City
Juliette Pavy/Bloomberg
Greenlander Takes Helm of Arctic Council as Tensions Simmer
The body that fosters collaboration and climate science at the top of the world is under geopolitical pressure.
Equinor Weighs Killing NY Wind Farm After White House Visit
German Solar Power Generation Surges on Monday
Zero: Australia’s Natural Riches Will Shape the World (Podcast)
Listen (37:16)
Zero: Australia’s Natural Riches Will Shape the World
An Optimist's Guide to the Planet Trailer
Watch (1:45)
An Optimist's Guide to the Planet Trailer

Pursuits

PURSUITS_WEB_Jeffrey Gibson
Ahead of a Major Show, Artist Jeffrey Gibson Reflects on His Meteoric Rise
Fox Corp. Headquarters Ahead Of Earnings Figures
Fox to Launch New Streaming Service ‘Fox One’ Before NFL Season
Central Park Davis Center for the Harlem Meer
A New Central Park Amenity, Tailored to Its East Harlem Neighbors
PURSUITS_WEB_Sound in Luxury Cars
The Final Frontier of Luxury in Autos Is Sound

Economics

Inflation & PricesIndicatorsCentral Banks
High End Data Cables Feed Into Servers
Jason Alden/Bloomberg
Senegal Seeks to Woo $1.7 Billion Investment for Digital Economy
Fed’s Kugler Sees Significant Tariff Impact Despite Recent News
France’s Lombard Wants Broader Tariff Disarmament After US-China Trade-War Reprieve
US and China Step Back From Decoupling Brink
Newsletter: Economics Daily
US and China Step Back From Decoupling Brink
Single Best Idea: Yu & van Steenis (Podcast)
Listen (4:00)
Single Best Idea: Yu & van Steenis

CityLab

Department Of Homeland Security Prepares For Spike In Migration If Title 42 Lifted
Lawsuit Challenges Trump Administration Policy on Migrant Children
NY Congestion Pricing Plan’s Fate Unclear After Court Ruling
What’s Behind the Rise in Serious Injuries on New York City’s Streets?
Record NYC Memorial Day Travel Signals Traffic Delays for Region
NYC Warns of 17% Drop in Foreign Tourists Due to Trump Policies
Powerful Winds Fuel Multiple Fires Across Los Angeles Area
LA Mayor Credits Trump on Fire Aid, Stays Wary on Immigration

Work & Life

Management & WorkEqualityBusiness of Sports
Fox Corp. Headquarters Ahead Of Earnings Figures
Jeenah Moon/Bloomberg
Fox to Launch New Streaming Service ‘Fox One’ Before NFL Season
Zaoui’s Co-Founder Bets on Franco-Italian M&A With Milan Move
DEI Backlash Didn’t Keep White Men From a Boardroom Minority
Trump’s DOJ Weighs Gun Rights as a Focus for Civil Rights Division
DraftKings Rises as Investors Look Past Weak March Madness

Markets Magazine

Markets Magazine_Remittances_08
Anindito Mukherjee for Bloomberg Markets
Immigration Crackdowns Put an $800 Billion Lifeline at Risk
From India to Mexico, cash remittances from workers abroad are vital to local economies.
By Swati Gupta, Saijel Kishan and Kelsey Butler
Bloomberg Markets

More from this issue:

Could the Stock Market Tank the Economy?How to Invest in Crazy TimesThe Rich Bet on San Francisco
Kelly Leoffler HP
Wall Street Veteran Kelly Loeffler Guts DEI for Trump
Her marching orders set up a clash at the federal Small Business Administration, an agency obligated by Congress to help disadvantaged businesses.
Billionaires and CEOs Bet on Cheap San Francisco Real Estate
Designer Jony Ive, Google’s Sergey Brin and NBA star Stephen Curry are among the deep-pocketed believers in the city’s revival. 
How Virtual Banking Made Saving Risky Again
When a software company called Synapse failed, some app users lost access to money in FDIC-insured bank accounts. How is that even possible?
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