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Take a peek behind the scenes of our news quiz, Pointed, in the Bonus Points newsletter. 📥 Last week's hardest question made people think Squid Game was CoComelon. Read more from Quizmaster Aimee Lucido ⤵️

SARATOGA SPRINGS, N.Y. (AP) — Sovereignty outran Journalism on Saturday in a Kentucky Derby rematch in the 157th Belmont Stakes at Saratoga Race Course, the race once again showcasing the best in horse racing.

NEW: Many of the US-hired leaders at TikTok's Bellevue office have been replaced with Chinese bosses this year as lagging US sales have ByteDance trying to replicate its e-commerce success in Asia. It's tricky though, because US consumers have different habits (fewer in-app purchases) and there is, of course, the threat of a US ban hanging over the app. TikTok Shop employees, many of whom were recruited away from Amazon, were stuck in the middle. Now a good chunk of them have been laid off in two rounds of cuts (in April and late last month). Get in touch if you were impacted. I'm hearing some common stories, and I'm interested to know more. How were your performance reviews before the cuts? Have you heard from Temu recruiters? Would you consider working at another Chinese company? How do you see the e-commerce job market around Seattle? https://lnkd.in/g8v9KhpZ via Bloomberg News

From the tuition boom and student burnout to a minister's dismay over a S$52,000 clinic bid, soaring costs are a hot topic in Singapore. This week's free Singapore Edition newsletter dives into the price of education & healthcare in the city-state. ⤵️

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.

PARIS (AP) — Coco Gauff won the French Open for the first time by defeating top-ranked Aryna Sabalenka 6-7 (5), 6-2, 6-4 in Saturday's final for her second Grand Slam title.

Also today: National Portrait Gallery director fired by Trump is still on the job, and a nuclear plant threatens Miami’s drinking water.

This year's hurricane season is expected to be more active than usual. Trump's cuts to FEMA are a "disaster waiting to happen."

Play Pointed, Bloomberg’s news quiz for risk-takers. This week's categories include podcasts, Asia elections, and Taylor Swift. Bet big on the topics you know, and maximize your score by leveraging your wagers. Choose wisely—wrong answers will cost you bloom.bg/4275XBz

Fashion experts help me avoid the trap of the flowy dress and other common pitfalls of warm-weather dressing.