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- James McDonald would replace Jay Clayton, whom Trump nominated as US director of national intelligence
- For several global central banks, the question of whether the Iran war poses more of an immediate danger to inflation or growth is likely to remain open for now
- Wall Street has an answer for retail investors seeking to profit from elevated interest rates and dodge defaults in private credit: funds that buy collateralized loan obligations
- Looking for perspective on just how much@elonmusk is worth? "The scale of it is kind of hard to process" says Bloomberg Opinion columnist and Yale lecturer Gautam Mukunda. "Sergey Brin is [one of the] wealthiest [people] in the world. And you and I are much, much, much closer
00:00 - "We're one of very few companies that offer products in one store ranging from $150 to $250,000. So with us, most people can find something that they like and that is suitable to them," @swarovski CEO Alexis Nasard tells Bloomberg This Weekend as he talks about being a "pop
00:00 - Play Pointed, Bloomberg’s weekly news quiz for risk-takers. Bet big on the topics you know, and maximize your score by leveraging your wagers. Choose wisely—wrong answers will cost you
- The agreement follows talks between Impsa and Venezuela’s government to resume work at the Tocoma and Macagua dams
- Kalshi co-founder Luana Lopes Lara is a self-made billionaire with a singular focus: allowing people to bet on almost anything. Read more: bloom.bg/4eh6XYB 📷️: Isabelle Zhao/Bloomberg
- President Donald Trump said an interim US-Iran deal to reopen the Strait of Hormuz would be signed on Sunday
- Brazil's Nubank apologized customers who received an app alert telling them the bank had been liquidated, saying it was sent by mistake in a programming error
- Soccer is bigger, richer and more visible than ever in America. So why does its long-promised cultural takeover remain elusive? Read more: bloom.bg/3SlvrZo 📷️: Todd Kirkland/Getty Images
- In April, the price of tomatoes was around $2.69 per pound — the highest seen in some four decades. So what's driving the price spike? Jacob Krempel, senior vice president of procurement and merchandising at the wholesale food distributor Baldor, joins @tracyalloway and
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