Bloomberg - Business News, Stock Markets, Finance, Breaking & World News

S&P 500 Suffers Worst Drop Since Covid as Tariffs Rattle Traders

Billionaires Lose Combined $208 Billion in One Day From Trump Tariffs

Buffett’s Berkshire Weathers Tariff-Fueled Stock-Market Selloff

Bill Gross Warns Dip-Buyers to Stay Out of ‘Epic’ Market Turmoil

Wall Street Trading Desks Stunned by Once-a-Century Tariff Shock

The US bore the brunt of the selloff that raced through financial markets after Trump rolled out the highest tariffs in over a century.

President Trump Departs White House For Florida — Francis Chung/Politico

Trump Open to Tariff Cuts in Return for ‘Phenomenal’ Offers

Frenzied Rollout Marks Trump Tariff Push That Put World on Edge

Powell’s Got a Plan to Assess Tariff Inflation. It’s Not Easy

No Fed Cuts or Five Fed Cuts? Wall Street Is Stumped by Tariffs

Will Tariffs Drive the US Into a Recession?

Global Bond Tantrum Is a Wrenching and Worrisome Start to New Year — Samuel Corum/Bloomberg

Treasuries Hold 4% Line as Jobs Report, Powell Speech Loom Large

US Job Market Seen Holding Up in March Before Toll From Tariffs

Vice President Vance Meets With House Republicans Ahead Of Government Funding Deadline — Al Drago/Bloomberg

Republicans Debate Hiking Top Tax Rate to 40% for Millionaires

Latest

4 min

What Next for South Korea After President Yoon Ousted

30 min

Vance Downplays ‘One Bad Day’ for Markets, Promising Boom Later

35 min

China, US Make First-Known Military Contact Since Trump’s Inauguration

35 min

Japan’s Banks Lead Stocks Lower, Yields Drop as Outlook Darkens

50 min

BOJ’s Ueda Aims to Convey Continuity After Tariffs Upend Markets

60 min

Malaysian Firms Make Case Against New Taxes Post-Trump Tariffs

Trump-Putin Meeting Likely to Happen, Witkoff Says — Stefani Reynolds/Bloomberg

Witkoff, Putin Envoy Meet in Washington as Trump Grows Impatient

Pentagon Watchdog to Probe Signal Chat About Houthi Attack

Bloomberg News Now

Listen to the latest: Tariff Shock to Global Trade, Trump Open to Tariff Cuts, More

4:19

updated 42 min ago

Bloomberg Opinion

TOPSHOT-AUSTRALIA-CONSERVATION-ANTARCTICA

Tariffs Would Be Funny If You Could Forget Who They’ll Hurt

Not everyone is amused by Trump’s dubious chart of percentages on a poster board.

By Jessica Karl, Columnist

The S&P 500’s Safety Nets Are Gone

By Jonathan Levin, Columnist

Mexico Gets a Tariff Lifeline. Now Sheinbaum Needs a Quick Deal.

By Juan Pablo Spinetto, Columnist

Juan Pablo Spinetto

The Tariffs Have Some Math

By Matt Levine, Columnist

LEVINE

Most Active US Stocks

TikTok's Culver City Offices After US House Passes Ban Bill — Bing Guan/Bloomberg

TikTok Deal Within Reach and Involves Multiple Investors, Trump Says

TikTok’s New Owner Stands to Inherit 1,500 Safety, Privacy Suits

TikTok Faces Fine Over €500 Million for EU-China Data Export

BN-Israel-IronDome-2.0-CMS — Mahmud Hams/AFP/Getty Images

What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses

An exclusive look at what Israel’s upgraded air defense system can (and can’t) do holds lessons for the US as it pushes for a missile shield.

Latest

4 min

What Next for South Korea After President Yoon Ousted

30 min

Vance Downplays ‘One Bad Day’ for Markets, Promising Boom Later

35 min

China, US Make First-Known Military Contact Since Trump’s Inauguration

35 min

Japan’s Banks Lead Stocks Lower, Yields Drop as Outlook Darkens

50 min

BOJ’s Ueda Aims to Convey Continuity After Tariffs Upend Markets

60 min

Malaysian Firms Make Case Against New Taxes Post-Trump Tariffs

Bloomberg News Now

Listen to the latest: Tariff Shock to Global Trade, Trump Open to Tariff Cuts, More

4:19

updated 42 min ago

Most Active US Stocks

President Trump Returns To White House From Florida

Musk’s Role With Trump Is Ending But His Influence to Remain

President Trump Returns To White House From Florida

Citibank To Cut 11,000 Jobs

Citi’s $52 Million Banker Award Sparks Glass Lewis Vote Flip

Citibank To Cut 11,000 Jobs

US-EDUCATION-PHONES

New York State to Impose Whole-Day Ban on Cellphones in Schools

US-EDUCATION-PHONES

Levittown: A Bloomberg Podcast

Fake images. Real horror. The rise of deepfakes.

Levittown_Ep_1_HP

The Discovery of Fake Nude Photos Sparks Real-Life Nightmare

Levittown Ep 4_HP

Deepfake Case Prosecutors Ask, 'What Is This Crime?'

Levittown Ep 5_HP

How a Reddit Army Helped Take Down Harassment Porn Site

Levittown Ep 6_HP

Cheap, Easy Deepfake Apps Move Faster Than the Law

Bloomberg Businessweek

Biscuits, Handbags and Chatbots: 10 Companies to Watch Right Now

Biscuits, Handbags and Chatbots: 10 Companies to Watch Right Now

Analysts at Bloomberg Intelligence have sifted through thousands of publicly traded companies to highlight a select few for investors.

By Tim Craighead

April 1, 2025

More from this issue:

Google Is Searching for an Answer to ChatGPT How TD Became America’s Most Convenient Bank for Money Launderers A US Drone Maker Tries to Take Back the Country’s Skies

LA Fire Victims Are Betting on a Radical Idea to Help Them Rebuild

LA Fire Victims Are Betting on a Radical Idea to Help Them Rebuild

As costs soar and climate risks mount, there are no easy answers for LA’s recovery. So one block in Altadena is working together to get home.

China Tells Kids to Study Manufacturing to Fill Factory Jobs

College grads are unemployed even as millions of blue-collar positions remain unfilled.

Israel Aims to Be the World’s Arms Dealer

As Europe boosts defense spending, Israeli producers see an opportunity for arms sales—and a chance to become more self-sufficient.

Markets

ETFs Crypto Deals

Japan Market Reactions Following Trump's Tariffs — Kiyoshi Ota/Bloomberg

Japan’s Banks Lead Stocks Lower, Yields Drop as Outlook Darkens

Gold Steadies After US Tariff Shock Sparks Selloff From Record

Asia Bears Brunt of Trump Tariffs, Needs to Ease, Economists Say

Joe and Tracy’s Thoughts on One of the Craziest Days Ever

Newsletter: Odd Lots

Joe and Tracy’s Thoughts on One of the Craziest Days Ever

Private Equity’s Pandemic Bets Unravel as Normal Life Returns

Newsletter: The Brink

Private Equity’s Pandemic Bets Unravel as Normal Life Returns

Bloomberg Originals

Is India's Stock Market a Bubble About to Burst?

Is India's Stock Market a Bubble About to Burst?

Why BP Learned to Love Oil Again

Why BP Learned to Love Oil Again

The Crypto Fortune Building a Space Station

The Crypto Fortune Building a Space Station

How New Magnets Could Power the Future

Bloomberg Primer

How New Magnets Could Power the Future

Space

US Satellites Risk Attack in a War With China, Space Chief Says

US Satellites Risk Attack in a War With China, Space Chief Says

Inside Amazon's Effort to Challenge Musk's Starlink Internet Business

Amazon Set to Launch First Kuiper Internet Satellites This Month

NASA Prepares For Belated Launch Of Artemis I Orion Spacecraft

Erasing ‘First Woman’ on the Moon Has Bigger Implications For NASA

Robinhood Billionaire’s Solar Space Firm Raises $50 Million

Robinhood Billionaire’s Solar Space Firm Raises $50 Million

Technology

AI Cybersecurity Screentime

Relentless Hacking Is Turning All of Us Into Data Nihilists — Chris Ratcliffe/Bloomberg

Australian Pensions Suffer Cyber Attack on Thousands of Accounts

OpenAI’s Latest Viral ChatGPT Moment Isn’t Really About AI

The New Billionaires of the AI Boom

Elon, Inc: Elon Consolidates His Empire (Podcast)

Elon, Inc: Elon Consolidates His Empire

Trump Maneuvers for a TikTok Deal While China Waits Silently Off Stage

Newsletter: Tech In Depth

Trump Maneuvers for a TikTok Deal While China Waits Silently Off Stage

Wealth

Traders On The Floor Of The NYSE As Trump Announces New Tariffs

Stressed About Your 401(k)? Here Are Ways to Catch Up

Property Stocks Drop With Tariff Blow Swamping Rate Relief

Property Stocks Drop With Tariff Blow Swamping Rate Relief

US Mortgage Rates Drop to Two-Year Low Ahead of Fed Rate Cut

Mortgage Rates in US Slip for a Second Week, Dropping to 6.64%

Winklevoss Twins’ Gemini Expands to Miami With New Office Space

Winklevoss Twins’ Gemini Expands to Miami With New Office Space

Politics

UK Europe Middle East Asia

South Korea’s President Yoon at Impeachment Trial

What Next for South Korea After President Yoon Ousted

China, US Make First-Known Military Contact Since Trump’s Inauguration

Japan’s PM, Opposition Parties to Discuss US Tariff Responses

Where Trump Sees Tariff Boom, Many Economists See Gloom

Newsletter: Washington Edition

Where Trump Sees Tariff Boom, Many Economists See Gloom

Big Take DC: Randy Quarles on the Fed and Regulation (Podcast)

Big Take DC: Randy Quarles on the Fed and Regulation

Explainers

Shein and Temu Applications As Trump Tariffs Target Loophole Used by Chinese Online Retailers

What’s the De Minimis Tariff Loophole Trump Is Closing?

IRAN-NUCLEAR-POLITICS-RUSSIA-BUSHEHR

How Close Is Iran to a Nuclear Weapon as Trump Pushes for a Deal?

Port Of Tacoma As Trump Hits Auto Imports With 25% Tariff Starting Next Week

Trump Loathes VATs. Do They Really Put US Exporters at a Disadvantage?

The Port Of Vancouver As Trump Proposes Sweeping Tariffs On US Trading Partners

How Do Tariffs Work? Who Pays, Who Collects and More

Industries

Legal Energy Health

Senate Finance Committee Holds Confirmation Hearing For Mehmet Oz — Allison Robbert/Bloomberg

Mehmet Oz Confirmed as Head of Medicare and Medicaid Services

Thoma Bravo Mulls Moving Miami Office to Design District From Brickell

Amgen Wins FDA Nod for Uplizna to Treat Rare Disease

The Deal: Tom Garfinkel (Podcasts)

The Deal: Tom Garfinkel (Podcasts)

Erasing ‘First Woman’ on the Moon Has Bigger Implications For NASA

Newsletter: Business of Space

Erasing ‘First Woman’ on the Moon Has Bigger Implications For NASA

Bloomberg en Español

Suscríbase aquí al boletín Cinco Cosas

La fiebre del cobre desata una crisis existencial para la gran minería en Perú

La fiebre del cobre desata una crisis existencial para la gran minería en Perú

Promesas rotas: compradores de departamentos en paraíso mexicano de Tulum pierden su dinero

Promesas rotas: compradores de departamentos en paraíso mexicano de Tulum pierden su dinero

Bloomberg Best Of The Year 2024

De Brasil a Sudáfrica: autos chinos baratos invaden las calles del mundo emergente

Grand Theft Auto en vida real: coches robados van de EE.UU. a África

Grand Theft Auto en vida real: coches robados van de EE.UU. a África

Green

New Energy Greener Living ESG Investing

Lawmakers Rally As Hundreds Fired At Weather Agency — Daniel Heuer/Bloomberg

US Weather Agency Websites to Vanish Under Planned Contract Cuts

UK Approves Luton Airport Expansion Against Inspectorate Advice

EU Steps Back on 2040 Climate Goal in Order to Win Over Doubters

Zero: Is Tesla’s EV Supremacy in the Rearview Mirror? (Podcast)

Zero: Is Tesla’s EV Supremacy in the Rearview Mirror?

An Optimist's Guide to the Planet Trailer

An Optimist's Guide to the Planet Trailer

Pursuits

PURSUITS_WEB_Top Shelf 0403

The White Burgundy to Buy Now to Get Around Trump’s Tariffs

PURSUITS_WEB_ 111 West 57th Penthouse

A “Quadplex” Penthouse on Billionaires Row Lists for $110 Million

Dubai Chocolate Frenzy Has Finally Arrived in the UK

Dubai Chocolate Frenzy Has Finally Arrived in the UK

Atlanta Braves v Los Angeles Dodgers

Ohtani's walk-off homer in 9th completes rally as Dodgers stun winless Braves 6-5 for 8-0 start

Economics

Inflation & Prices Indicators Central Banks

Bank of Japan Governor Kazuo Ueda News Conference After Rate Decision — Kiyoshi Ota/Bloomberg

BOJ’s Ueda Aims to Convey Continuity After Tariffs Upend Markets

Australia’s Household Spending Misses Estimates in February

Maduro Shuffles Central Bank Board Amid Push to Boost Reserves

Trump’s Tariff Solution Throws World Economy, Markets in Turmoil

Newsletter: Economics Daily

Trump’s Tariff Solution Throws World Economy, Markets in Turmoil

Bloomberg Surveillance: Tariffs Announced (Podcast)

Bloomberg Surveillance: Tariffs Announced

CityLab

Hochul Says Trump’s Tariffs Are Already Hurting New York Economy

Hochul Says Trump’s Tariffs Are Already Hurting New York Economy

Exteriors Of The U.S. Department Of Housing And Urban Development Headquarters

Housing Agency Aims to Relocate Its DC Headquarters

610 Traffic

What Would ‘Transportation Abundance’ Look Like?

Chicago Delays $643 Million Bond Deal Due To Market Volatility

Chicago School District Agrees to Minimum 16% Teacher Pay Raise

Work & Life

Management & Work Equality Business of Sports

Activist Demonstrate Against Paul Weiss Law Firm, After It Agreed To Trump Administration's Terms — Michael M. Santiago/Getty Images

Trump Is Making Professional Courage a Political Matter

US Embassy Told Dutch Firms to Drop DEI Goals, Says Minister

Trump’s DEI Purge Drives 34% Drop in Pro-ESG Investor Proposals

Can Summer Save Windham Mountain Club, New York's Most Controversial Ski Resort?

Britons More Skeptical on Path to Citizenship for Migrants Than Peers

Markets Magazine

Wall Street’s New Money Is Shaking Up the Ranks of the Superwealthy — 731; Photos: Bloomberg (4), Getty Images (1)

Wall Street’s New Money Is Shaking Up the Ranks of the Superwealthy

Worth over $61 billion, the private credit titans made their fortunes in a once obscure corner of finance.

By Tom Maloney and Benjamin Stupples

Bloomberg Markets Private Capital Issue

More from this issue:

Apollo's Economic Oracle Private Credit Is the Hot New Thing. But What Is It?Billionaire Steve Feinberg, Master of Cerberus, Gets a New Mission for Trump

Housing Revolution HP

America’s Most Exclusive Suburbs Are Finally Building More Housing

States—and even historic towns like Lexington, Massachusetts—are easing real estate zoning to fight the affordability crisis. Will local support for the Yimby crowd last?

Musk DOGE Pick Led Cybersecurity Cuts at Citrix. Hacks Followed

Tech CEO Tom Krause dismissed engineers and slashed expenses after the remote-work company’s leveraged buyout. His company says defenses improved. Now he’s consulting at the US Treasury.

Fund Giant BlackRock Is Out to Unite Public and Private Markets

Larry Fink built the world’s biggest asset manager by making access to stocks and bonds easy. Can the same be done with more opaque assets?