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      US President Donald Trump, right, and Elon Musk at the White House in March.
      Andrew Harnik/Getty Images
      Musk Signals He’s Open to Cooling Off Period in Trump Feud
      US Futures, Tesla Climb on Easing Trump-Musk Rift: Markets Wrap
      Markets Wrap
      US Futures, Tesla Climb on Easing Trump-Musk Rift
      RUSSIA-CHINA-DIPLOMACY
      Kirill Kudryavtsev/Pool/AFP/Getty Images
      Xi Bets Trump Detente Will Lead to Future Wins on Chips, Tariffs
      Investors are skeptical that relations between the world’s biggest economies are finally on track.
      The Widener Library on Harvard Campus.
      Cassandra Klos/Bloomberg
      Harvard Wins Reprieve From Trump’s Foreign Student Ban
      How Trump Is Going After International Students
      Columbia Student Loans Are Threatened by Trump’s ‘Secret Weapon’

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        A roadworks crew in California.
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        Listen, Watch and Catch Up

        Musk Blinks First in MAGA Cockfight With Trump
        Newsletter: Balance of Power
        Musk Blinks First in MAGA Cockfight With Trump
        Is a $140 Gut Microbiome Test Worth the Money?
        Newsletter: Prognosis
        Is a $140 Gut Microbiome Test Worth the Money?
        Lots More on Trade Tariffs at America’s Busiest Port (Podcast)
        Listen (16:51)
        Lots More on What America’s Busiest Port is Seeing from the Trade Tariffs
        Big Take: The Dire Labor Shortage Hitting Green Energy (Podcast)
        Listen (15:29)
        Big Take: The Dire Labor Shortage Hitting Green Energy
        Elon, Inc: Elon and Trump Are Breaking Up in Public. What Happens Next? (Podcast)
        Listen (13:59)
        Elon, Inc: Elon and Trump Are Breaking Up in Public
        Musk Blinks First in MAGA Cockfight With Trump
        Newsletter: Balance of Power
        Musk Blinks First in MAGA Cockfight With Trump
        Is a $140 Gut Microbiome Test Worth the Money?
        Newsletter: Prognosis
        Is a $140 Gut Microbiome Test Worth the Money?
        Lots More on Trade Tariffs at America’s Busiest Port (Podcast)
        Listen (16:51)
        Lots More on What America’s Busiest Port is Seeing from the Trade Tariffs
        Big Take: The Dire Labor Shortage Hitting Green Energy (Podcast)
        Listen (15:29)
        Big Take: The Dire Labor Shortage Hitting Green Energy
        Elon, Inc: Elon and Trump Are Breaking Up in Public. What Happens Next? (Podcast)
        Listen (13:59)
        Elon, Inc: Elon and Trump Are Breaking Up in Public
        Bloomberg News Now

        Listen to the latest: Musk-Trump Feud, US-China Latest, May Jobs (Podcast)

        6:23

        Bloomberg Opinion

        Insight Partners-Backed Hinge Health IPO Raises $437 Million
        Bloomberg Opinion
        Financial Repression Won’t Make Interest Rates Lower
        The federal government’s various attempts to try to reduce borrowing costs are bound to fail.
        By Allison Schrager, Columnist
        Merz and Trump Have Awoken Slumbering Germany
        By Chris Bryant, Columnist
        Could US and Israel Destroy Iran’s Nuke Program? Yep, Here’s How
        By James Stavridis, Columnist
        James Stavridis
        Burning Trees for Electricity Isn't Sustainable
        By Lara Williams, Columnist

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        The US Capitol building in Washington, DC.
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        Trump Said to Be Open to Lowering SALT Cap in GOP Tax Bill
        That push has lead to resistance from the House, with Speaker Mike Johnson telling Bloomberg TV he is fighting to keep the $40,000 cap as it is.
        Explainer
        A Guide to Trump’s Tax Cuts: What’s in His ‘Big, Beautiful’ Bill
        Trump’s $12 Billion Tourism Wipeout
        Yuki Iwamura/Bloomberg
        Data Visualization
        Trump’s $12 Billion Tourism Wipeout
        Four months into the president’s second term, his policies are upending tourism worldwide.
        Where Canadians Are Traveling This Summer Now That They’re Avoiding the US
        How Celebrity Deepfakes Supercharged a Florida Health-Care Hustle

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          Listen, Watch and Catch Up

          Musk Blinks First in MAGA Cockfight With Trump
          Newsletter: Balance of Power
          Musk Blinks First in MAGA Cockfight With Trump
          Is a $140 Gut Microbiome Test Worth the Money?
          Newsletter: Prognosis
          Is a $140 Gut Microbiome Test Worth the Money?
          Lots More on Trade Tariffs at America’s Busiest Port (Podcast)
          Listen (16:51)
          Lots More on What America’s Busiest Port is Seeing from the Trade Tariffs
          Big Take: The Dire Labor Shortage Hitting Green Energy (Podcast)
          Listen (15:29)
          Big Take: The Dire Labor Shortage Hitting Green Energy
          Elon, Inc: Elon and Trump Are Breaking Up in Public. What Happens Next? (Podcast)
          Listen (13:59)
          Elon, Inc: Elon and Trump Are Breaking Up in Public
          Musk Blinks First in MAGA Cockfight With Trump
          Newsletter: Balance of Power
          Musk Blinks First in MAGA Cockfight With Trump
          Is a $140 Gut Microbiome Test Worth the Money?
          Newsletter: Prognosis
          Is a $140 Gut Microbiome Test Worth the Money?
          Lots More on Trade Tariffs at America’s Busiest Port (Podcast)
          Listen (16:51)
          Lots More on What America’s Busiest Port is Seeing from the Trade Tariffs
          Big Take: The Dire Labor Shortage Hitting Green Energy (Podcast)
          Listen (15:29)
          Big Take: The Dire Labor Shortage Hitting Green Energy
          Elon, Inc: Elon and Trump Are Breaking Up in Public. What Happens Next? (Podcast)
          Listen (13:59)
          Elon, Inc: Elon and Trump Are Breaking Up in Public
          Bloomberg News Now

          Listen to the latest: Musk-Trump Feud, US-China Latest, May Jobs (Podcast)

          6:23

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          The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling
          Businessweek
          The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling
          12:15
          China’s Power Play In the Indian Ocean
          China’s Power Play In the Indian Ocean
          Nintendo Switch 2
          Nintendo Switch 2 Hands-On: Bigger Screen, Faster Chip Live Up to the Hype
          Sotheby’s to Auction Original Hermès Bag That Belonged to Jane Birkin
          Sotheby’s to Auction Original Hermès Bag That Belonged to Jane Birkin

          Bloomberg Businessweek

          Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To
          Toby Melville/Reuters
          Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To
          The State Department is looking for new countries to take deportees, in part because domestic detention centers are expensive and short on space.
          By Michael Scott Moore
          June 1, 2025

          More from this issue:

          AI Advances Are Accelerating, and We’re Not ReadyDeepSeek’s ‘Tech Madman’ Founder Is Threatening US Dominance in AI RaceMicrosoft’s CEO on How AI Will Remake Every Company, Including His
          Harvard Fight With Trump Imperils Lifeblood Of Massachusetts
          Global Deans Condemn Move Denying International Students to Harvard
          A diverse student body is essential to nurturing future executives, business school leaders say.
          Cuts to US Aid Imperil the World’s Largest HIV Treatment Program
          In South Africa, clinics serving marginalized groups—migrants, gay men and sex workers—are shutting down as funds dry up.
          Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again
          The Rocket Mortgage owner, fresh off back-to-back acquisitions, is having a blast spending his fortune.

          Markets

          ETFsCryptoDeals
          Interviews at The Bank of America Global Investor Summit
          Alessia Pierdomenico/Bloomberg
          BofA’s Hartnett Says Stocks Are Close to Setting Off Sell Signal
          RBI’s Big Rate Cut Seen Boosting Demand for Houses, Automobiles
          Gold-Mining ETFs Losing Their Shine Following Torrid 2025 Rally
          Lots More on Trade Tariffs at America’s Busiest Port (Podcast)
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          Lots More on What America’s Busiest Port is Seeing from the Trade Tariffs
          New World Is a Reminder China’s Real Estate Crisis Isn't Over
          Newsletter: The Brink
          New World Is a Reminder China’s Real Estate Crisis Isn't Over

          Bloomberg Originals

          10:58
          Nintendo’s High-Stakes Bet on the Switch 2
          Nintendo’s High-Stakes Bet on the Switch 2
          7:11
          Why There’s a Battle to Own 7-Eleven
          Why There’s a Battle to Own 7-Eleven
          10:56
          How Gulf Giants Are Gathering Soft Power
          How Gulf Giants Are Gathering Soft Power
          11:18
          Is the Age of American Exceptionalism Over?
          Is the Age of American Exceptionalism Over?

          Space

          Rockets, Teslas, a Giant Head: Musk Adds a Texas City to Empire 
          Trump Threat to Pull Musk Contracts Imperils Space Ambitions
          5:50
          SpaceX Launches Inspiration4 All-Civilian Mission
          Musk Walks Back Threat to Decommission Dragon Spacecraft
          Ispace Resilience
          Japan Space Ambitions Dealt Blow After Ispace Moon Landing Fails
          Senate Commerce Committee Holds Confirmation Hearing For Jared Isaacman And Olivia Trusy
          Former Trump NASA Nominee Suggests Ties to Musk Caused His Ouster

          Technology

          AICybersecurityScreentime
          Starlink Inc. Internet System in Ghana
          Ernest Ankomah/Bloomberg
          Starlink Gets India License to Start Services, Official Says
          HSBC’s Private Bank Turns Overweight US Stocks on AI Hopes
          The New Billionaires of the AI Boom
          Elon, Inc: Elon and Trump Are Breaking Up in Public. What Happens Next? (Podcast)
          Listen (13:59)
          Elon, Inc: Elon and Trump Are Breaking Up in Public
          Meta’s ‘Patriotism’ Spurs Shift to Military Technology
          Newsletter: Tech In Depth
          Meta’s ‘Patriotism’ Spurs Shift to Military Technology

          Wealth

          Tiananmen Square and the Great Hall of the People in Beijing Ahead of NPC
          Is China Reversing Its ‘Uninvestable’ Image?
          BlackRock Ahead Of Earnings Figures
          BlackRock to Eliminate About 300 Jobs in Second Cut This Year
          Stablecoin Firm Circle's IPO Raises $1.1 Billion In Upsized Deal
          Circle Founder Is Billionaire as Crypto Firm Jumps After IPO
          Where The Rest Of The World Watches The Royal Wedding
          Wedding-Guest Financial Fatigue Is Real. Here’s How to Handle It

          Politics

          UKEuropeMiddle EastAsia
          Key Speakers At Reform UK Conference
          Chris J. Ratcliffe/Bloomberg
          Reform UK’s Momentum Stalled by Departures, By-Election Defeat
          Trump Travel Ban Could Dampen Relations, African Union Warns
          Russia Pessimistic About New US Nuclear Pact as Treaty Nears End
          Trump’s Statecraft Tunes in Xi, Turns on Musk
          Newsletter: Washington Edition
          Trump’s Statecraft Tunes in Xi, Turns on Musk
          Big Take DC: Stephen Miran on Market Woes and Currency (Podcast)
          Listen (16:34)
          Big Take DC: Stephen Miran on Market Woes and Currency

          Explainers

          The UBS Group headquarters in Zurich.
          How UBS’s Capital Conundrum Is Moving Into Hot Phase
          Yangshan Deepwater Port in Shanghai as Europe on Alert for Cheap Chinese Imports
          Why the ‘TACO’ Trade Is Tempting Investors Amid US-China Talks
          ICE Designates Its Own Entrance At New York City Immigration Court
          What to Know About Trump’s New Travel Ban
          Sheet aluminum
          Why Trump Has Doubled Down on Steel and Aluminum Tariffs

          Industries

          LegalEnergyHealth
          Carmakers Use Stealth Price Hikes to Cope With Trump’s Tariffs
          Arin Yoon/Bloomberg
          Carmakers Use Stealth Price Hikes to Cope With Trump’s Tariffs
          Quiet cuts to incentives are boosting how much Americans pay for cars, even if the sticker price stays the same.
          Boaz Weinstein Ready to Plow Billions More Into UK Trust Fight
          Japan Curry Shops See Record Bankruptcies as Rice Prices Soar
          The Deal: Josh Harris (Podcast)
          Listen (47:58)
          The Deal: Josh Harris
          Japan’s Ispace Tries Again To Stick the Moon Landing
          Newsletter: Business of Space
          Japan’s Ispace Tries Again To Stick the Moon Landing

          Bloomberg en Español

          Suscríbase aquí al boletín Cinco Cosas
          Política migratoria de Trump en EE.UU. depende de cárceles privadas
          Política migratoria de Trump en EE.UU. depende de cárceles privadas
          La ciudad china del litio resiste la caída de precios por la autosuficiencia que exige Pekín
          The Big Take
          La ciudad china del litio resiste la caída de precios por la autosuficiencia que exige Pekín
          Cobalto del Congo: el nuevo campo de batalla en la lucha entre China y EE.UU.
          The Big Take
          Cobalto del Congo: el nuevo campo de batalla en la lucha entre China y EE.UU.
          Mary Barra de GM apostó por los autos eléctricos. Ahora, con Trump, debe probar su éxito
          The Big Take
          Mary Barra de GM apostó por los autos eléctricos. Ahora, con Trump, debe probar su éxito

          Green

          New EnergyGreener LivingESG Investing
          HONG KONG-WEATHER-TYPHOON
          Anthony Wallace/AFP/Getty Images
          Hong Kong Tracks System That May Develop Into First 2025 Typhoon
          Extreme Weather Is Stress-Testing India’s Infrastructure Drive
          Canada’s Oil Sands Emissions Intensity Falls for Sixth Year
          Zero: Labor Shortages Are Holding Back Electrification (Podcast)
          Listen (30:40)
          Zero: Labor Shortages Are Holding Back Electrification
          An Optimist's Guide to the Planet Trailer
          Watch (1:45)
          An Optimist's Guide to the Planet Trailer

          Pursuits

          Inside A Vail Resort Inc. Location As Volume Jumps
          Vail Cuts Outlook, Underscoring Big Job Ahead for Returning CEO
          PURSUITS_WEB_Top Shelf 0605
          Billionaire Bill Koch on Collecting Wine, Avoiding Counterfeits
          Central Park Davis Center for the Harlem Meer
          A New Central Park Amenity, Tailored to Its East Harlem Neighbors
          PURSUITS_WEB_Urban Jürgensen
          Guggenheim’s Rosenfield Revives Danish Brand Selling $450,000 Watches

          Economics

          Inflation & PricesIndicatorsCentral Banks
          Bank of Japan Governor Kazuo Ueda News Conference After Rate Decision
          Toru Hanai/Bloomberg
          BOJ Is Said to Consider Smaller Reductions to Its Bond Buying
          Euro-Area Growth Doubled at Start of Year Thanks to Ireland
          German Growth Remains Elusive Due to Trade War, Bundesbank Says
          Trump’s Budget Proposal Goes After Statistical Agency Funding
          Newsletter: Economics Daily
          Trump’s Budget Proposal Goes After Statistical Agency Funding
          Bloomberg Surveillance: Jobs and Markets (Podcast
          Listen (33:29)
          Bloomberg Surveillance: Jobs and Markets (Podcast

          CityLab

          National Portrait Gallery's 2019 November Gala
          Trump Said He Fired the National Portrait Gallery Director. She’s Still There.
          Subway Station in Madrid
          Where Public Transit Systems Are Bouncing Back Around the World
          Next Stop: Rancho Cucamonga!
          Next Stop: Rancho Cucamonga!
          Lawmakers Rally At Department Of Housing And Urban Development
          US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents Warn

          Work & Life

          Management & WorkEqualityBusiness of Sports
          Inside A Vail Resort Inc. Location As Volume Jumps
          Daniel Brenner/Bloomberg
          Vail Cuts Outlook, Underscoring Big Job Ahead for Returning CEO
          Billionaire Bill Koch on Collecting Wine, Avoiding Counterfeits
          Why Does Big Tech Produce So Few CEOs?
          Supreme Court Revives Straight Woman’s Job-Bias Lawsuit
          Hungary’s Anti-LGBTQ+ Clampdown Gets EU Legal Setback

          Markets Magazine

          Asia FX HP
          Glenn Harvey
          The Big Take
          Asia’s $7.5 Trillion Bet on US Assets Is Suddenly Unraveling
          Trump’s policies are turning US markets from a haven into a source of volatility and pain. 
          By Ruth Carson, Masaki Kondo, Rebecca Choong Wilkins and Diana Li
          Bloomberg Markets

          More from this issue:

          Could the Stock Market Tank the Economy?How to Invest in Crazy TimesThe Rich Bet on San Francisco
          One-Way Trade HP
          The End of the Easy US Stock Bet Has Been Good to Contrarians
          A climate of economic uncertainty and a weakening dollar have more money flowing to long-ignored diversification bets.
          Trump Media Is Coming for Brokerage Accounts With ETF Push
          The company owned by a president who is already pushing the boundaries between business and public office is getting into the fund business.
          What a Fannie and Freddie IPO Would Mean for Homebuyers
          If President Trump gets his way, the US government could relinquish control of the mortgage giants. Here’s what to know about the privatization chatter.
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