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

Reddit Goes Public With IPO On New York Stock Exchange — Michael Nagle/Bloomberg

Should You Invest in Reddit After 48% Pop?

Shares of the social-media company?surged in their first day of trading. Here’s what experts think about buying the stock.

Reddit COO on IPO, Data Licensing, AI Language Models

Reddit COO on IPO, Data Licensing, AI Language Models

Reddit Soars 48% in Debut as AI Pitch Gets Warm Reception

Seven Things to Know About Reddit’s Unusual IPO

Newhouse Billionaires’ 5,800% Reddit Gain Eases Media Woes

Apple Antitrust Case

DOJ Sues Apple Apple’s Biggest Challenges Shares Slide

Apple Loses $113 Billion in Value After Regulators Close In

The company faces scrutiny in both the US and EU.

OpinionDave Lee

The US Shouldn’t Force Apple to Make a Worse iPhone

Latest

Election 2024

Trump Wins GOP Nomination Swing-State Poll Blue-Collar Workers

270,000 Overdose Deaths Thrust Fentanyl Into Heart of US Presidential Race

270,000 Overdose Deaths Thrust Fentanyl Into Heart of US Presidential Race

Ending the epidemic is a high priority, particularly for voters in swing states.

How Fentanyl Made the US Opioid Epidemic So Much Worse

China and US Start Working Group to Combat Flood of Fentanyl

Bloomberg News Now

Listen to the latest news: Indexes Move Higher, Reddit Eased Back, More

3:39

updated 31 min ago

Bloomberg Opinion

Steve Halloran — Nati Harnik/AP

Bloomberg Opinion

Senator Gets Sexually Graphic to Shame Opponent. How Trumpy

A Nebraska lawmaker shows we're continuing to hit new lows in US political discourse.

By Patricia Lopez, Columnist

March Madness as We Know It Faces Extinction

By Adam Minter, Columnist

Adam Minter

Shohei Ohtani Scandal Raises the Stakes on Sports Betting

By Gearoid Reidy, Columnist

Giving Elon Musk the RBG Award Is a Joke

By Sarah Green Carmichael, Columnist

Sarah Green Carmichael

Nike Retail Locations Ahead Of Earnings Figures

Nike Rises After Sales Beat on Strength in US, China

Related

Lululemon Falls on Cautious Outlook, Challenges in US Market

FedEx Plans $5 Billion Buyback as CEO’s Overhaul Takes Hold

Airplane Traffic At JFK Airport in New York

American Air 737 Runway Accident Linked to Brake Failure

about 2 hours ago

Boeing’s Board Plans to Meet Airline Chiefs Without CEO Calhoun

Brackets for a Cause 2024

Bloomberg’s 2024 March Madness Brackets for a Cause

Bloomberg has assembled a group of business titans to fill out NCAA March Madness brackets and put up money for charity. Who will win?

about 12 hours ago

Wall Street’s Biggest Names Share March Madness Tips

Bloomberg News Now

Listen to the latest news: Indexes Move Higher, Reddit Eased Back, More

3:39

updated 31 min ago

Latest

Most Active US Stocks

BlackRock Ahead Of Earnings Figures

BlackRock Says ‘Reckless’ Texas Divestment Is Bad for Schools

BlackRock Ahead Of Earnings Figures

Air Travel During Spring Break Travel Season

United Air Allows Passengers to Pool and Share Loyalty Miles

Air Travel During Spring Break Travel Season

Embassy Pride Flag

Biden Agrees to Ban LGBTQ Pride Flags at US Embassies

Embassy Pride Flag

Bloomberg Businessweek

How the US Economy Is Doing Depends on Your Politics

How the US Economy Is Doing Depends on Your Politics

Consumer sentiment was once a reliable predictor of election outcomes. Not anymore.

By Dorothy Gambrell and Laura Bliss

How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall

More from this issue:

How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair The World Needs So Many Test Monkeys Poachers Are Ripping Them From Trees

Magnificent Seven? It’s More Like the Blazing Two and Tepid Five

Magnificent Seven? It’s More Like the Blazing Two and Tepid Five

Nvidia and Meta have pulled away from the rest of the once-hot group as investors focus on AI.

Wall Street and Silicon Valley Elites Are Warming Up to Trump

They like disruption, and they hate President Biden’s economic policies.

The Fed’s Foot-Dragging Is Making the Last Mile Harder

The central bank risks falling behind the curve on easing, causing unnecessary pain.

Markets

Wealth Crypto Deals Odd Lots

Grifols SA Facilities as Firm Slumps on Potential Downgrade

Grifols’ Financials Have No Big Errors, Spanish Regulator Says

Emboldened Crypto Market Participants Shrug Off SEC’s Probe of Ethereum

Truist Insurance Begins $2.75 Billion Junk Bond Sale for LBO

Canada’s S&P/TSX Composite Sets New Closing High

Dollar Jumps as Fed Starts to Look More Hawkish Than Some Peers

Bloomberg Originals

The Deal Episode 4: Derek Jeter

The Deal Episode 4: Derek Jeter

The Deal Episode 4: Derek Jeter

How Diversity Became a Dirty Word in Corporate America

How Diversity Became a Dirty Word in Corporate America

How Diversity Became a Dirty Word in Corporate America

An Optimist’s Guide to the Planet Episode 6: Transform

An Optimist’s Guide to the Planet Episode 6: Transform

An Optimist’s Guide to the Planet Episode 6: Transform

What Killed the Apple Car?

What Killed the Apple Car?

What Killed the Apple Car?

Technology

AI Cybersecurity Screentime Tech Daily Newsletter

Inflection AI Illustrations As Firms Unveil Safeguards — Gabby Jones/Bloomberg

Microsoft to Pay Inflection AI $650 Million After Scooping Up Most of Staff

Inflection is also moving to offload some of its computing capacity as it moves forward.

Online Betting Firm Rush Street Interactive Weighs Sale, Approaches DraftKings

Spotify Reveals Joe Rogan’s Podcast Numbers

Alibaba Sells ADRs in Streaming Site Bilibili for $357.8 Million

Somalia Gets First 5G as It Eyes Boosting Trade With Region

Politics

Military Exercises of Ukraine Armed Forces Siberian Battalion

Germany Pledges €300 Million for Czech Ammunition Plan

Military Exercises of Ukraine Armed Forces Siberian Battalion

Transport Community Agreement between EU and Bosnia and Herzegovina

EU Agrees to Start Talks With Bosnia in Enlargement Push

Transport Community Agreement between EU and Bosnia and Herzegovina

Ukrainian Wheat Harvest as Russia Threatens Global Food Supplies

EU Is Set to Impose Punitive Tariffs on Russian Grain

Ukrainian Wheat Harvest as Russia Threatens Global Food Supplies

FRANCE-SPAIN-CATALONIA-POLITICS

Catalan Pariah Returns to Spain With Plans to Retake Power

FRANCE-SPAIN-CATALONIA-POLITICS

Industries

Real Estate Energy Health Elon Inc. Podcast

Enel Debt at €60 Billion as Asset Sales Plan Seen On Track

LVMH’s Belloni Leaves No. 2 Role in Luxury Group’s Reshuffle

Swiss Bank Pictet Probed by US Senate Finance Committee Chair

Ozempic Maker Novo’s Workers Are Too Stressed, CEO Says

Big Grocery Stores Profited From Pandemic More Than Smaller Rivals

Explainers

CANADA-INDIA-DIPLOMACY-RELIGION-CRIME-PROTEST

Who Are the Sikh Separatists India Is Accused of Plotting Against?

CANADA-INDIA-DIPLOMACY-RELIGION-CRIME-PROTEST

Tourists at the Khan el-Khalili bazaar in Cairo.

Egypt Avoided an Economic Meltdown. What Next?

Tourists at the Khan el-Khalili bazaar in Cairo.

Bank of England Faces Growing Calls To Drop Language On Hikes

Why Aren’t UK Interest Rates Falling as Inflation Tumbles?

Bank of England Faces Growing Calls To Drop Language On Hikes

Yen banknotes.

Why the Yen Is So Weak and What That Means for Japan

Yen banknotes.

Green

New Energy Greener Living ESG Investing Zero Podcast

Inside The Cheniere Sabine Pass Liquefaction Facility

Biden’s LNG-Permit Halt Challenged by 16 States in Lawsuit

EU to Keep Tabs on Norway Deep Sea Mining Efforts, Sefcovic Says

Portland Utility to Join California’s New Day-Ahead Power Market

Climate Change Worsened West African Heat Wave, Study Suggests

Trudeau Faces Rising Political Pressure to Abandon a Key Climate Policy

Pursuits

BMW Unveils New Concept Electric SUV to Take On Tesla, Mercedes-Benz

BMW Unveils New Concept Electric SUV to Take On Tesla, Mercedes-Benz

BMW Unveils New Concept Electric SUV to Take On Tesla, Mercedes-Benz

A Japanese Startup Is Shipping?$89 Strawberries, $120 Melons

A Japanese Startup Is Shipping $89 Strawberries, $120 Melons

A Japanese Startup Is Shipping?$89 Strawberries, $120 Melons

After Decades in Rolex’s Shadow, Tudor Crafted a?Comeback All Its Own

After Decades in Rolex’s Shadow, Tudor Crafted a Comeback All Its Own

After Decades in Rolex’s Shadow, Tudor Crafted a?Comeback All Its Own

Two New Dubai Hotels Are Luring Travelers Away From the Beach

Two New Dubai Hotels Are Luring Travelers Away From the Beach

Two New Dubai Hotels Are Luring Travelers Away From the Beach

Economics

Inflation & Prices Indicators Central Banks Economics Daily Newsletter

Paraguay Lifts Benchmark Rate To Two-Year High Of 5.25%

Paraguay Cuts Key Rate by 25 Points, Signals More Easing Ahead

Mexico Cuts Key Interest Rate For First Time Since 2021

Bank of England’s Quick Pivot Puts June in Focus for Rate Cut

Canadians Receiving Unemployment Benefits up 18% From Last Year

France Votes Against Ratifying EU-Canada Free-Trade Agreement

CityLab

Iconic South Beach Clevelander Hotel Closes Down Temporarily Due To Coronavirus

Miami Beach Hotel Offers to Swap All-Night Drinking for Condos

Iconic South Beach Clevelander Hotel Closes Down Temporarily Due To Coronavirus

F1 Grand Prix of Azerbaijan

F1 and IndyCar Street Races Can Be an Economic Boon — and a Big Headache

F1 Grand Prix of Azerbaijan

Homes in San Jose, California, in 2022. Sky-high housing prices and a lack of affordable apartments have turned the Silicon Valley region into a laboratory of homelessness prevention experimentation.

In Pricey Silicon Valley, a Plan to Preempt Homelessness

Homes in San Jose, California, in 2022. Sky-high housing prices and a lack of affordable apartments have turned the Silicon Valley region into a laboratory of homelessness prevention experimentation.

Trump Indicted In New York Over Hush Money Paid To Porn Star

Manhattan Tries New Approach to Avoid Court for Low-Level Crimes

Trump Indicted In New York Over Hush Money Paid To Porn Star

Work + Life

Work Shift Equality Business of Sports Newsletter

PA - Nike Football Soccer Ball — Joe Prior/Visionhaus/Getty Images

Nike Usurps Adidas as Sponsor of German Football Team

In India's Hindi Heartland, Farmer Distress Isn't Holding Back Modi

Ghana Speaker Calls President’s Neglect of Anti-LGBTQ Bill Unconstitutional

Dodgers Fire Shohei Ohtani’s Interpreter Amid Gambling Reports, ESPN Says

South Africa’s Ramaphosa Hails Backing for Black-Owned Firms

Markets Magazine

Raiffeisen Bank International AG Branches Ahead of Earnings

Raiffeisen AT1 Bonds Rise as Lender Plans Return to Market

By Tasos Vossos

The Errors Tour: How the Pros Bungled the End?of Zero Interest Rates

More from this issue:

The Errors Tour: How the Pros Bungled the End?of Zero Interest Rates A Pessimist’s Guide to Global Economic Risks in 2024 Bharara Once Jailed Wall Street Pros. Now He Helps Them Avoid Prison

Errors Tour 1A

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates

A look at the ways?forecasters, traders and executives?missed the mark over the past two years. And at?the lessons learned.

Ecopetrol Board Blasts Anti-Oil President Petro’s Nominees as Unfit

Upstarts Challenge a Foundation of Modern Investing

A Nobel laureate’s theory supports betting on cheaper stocks and sets a benchmark for money managers. But the numbers keep changing. How much does it matter?