OPEC+ Makes a Big Bet on Oil Demand
OPEC+, a coalition of some of the world’s top oil producers, surprised markets over the weekend with plans to boost production by more than half a million barrels a day. The increase comes at a time w...
9 Jul 202514min
China's Plans to Make AI a Utility
In a remote part of China's northwestern Xinjiang region, dozens of data centers rise from the desert. A Bloomberg analysis of investor and tax documents and company filings found Chinese companies pl...
8 Jul 202516min
The White House Wanted ‘90 Deals in 90 Days.’ There’s One Day Left
In late April, shortly after President Trump’s announcement of sweeping reciprocal tariffs sent markets reeling, the White House announced a 90-day pause on when those tariffs would go into effect.Tha...
7 Jul 202515min
A Farewell to an American Icon: The Penny
For decades, the penny has cost more to produce than it’s worth. Now, the US government is finally stopping production of the one-cent coin for good. So, how did we get here? And what does it mean for...
4 Jul 202515min
With Tax Bill, Trump Ushers in New Era of Executive Power
After weeks of legislative wrangling, the House passed President Trump’s signature tax bill, sending it to his desk just before his July 4 deadline. It's the latest in a sweep of major victories on le...
3 Jul 202517min
The Great Car Buying Bonanza Is (Probably) Over
The auto sector saw buyers race to dealerships after President Trump announced 25% tariffs on car imports and parts from outside the US. And according to new data this week, sales from major automaker...
2 Jul 202516min
The American Toymaker Suing Trump Over Destructive Tariffs
Trump’s trade war has thrown American businesses, which source everything from aircraft parts to baby strollers from China, into chaos. Now some companies are challenging the president’s tariff ruling...
1 Jul 202516min
Cruises Are So Back — And Straining Port Cities
The cruise industry is an outlier right now. Even as US summer travel is down, cruise companies are setting sail with record numbers of passengers this year. But as the industry tries to keep up with ...
30 Jun 202516min
