S&P 500
5,222.68
Arrow Up
+0.16%
Nasdaq
16,340.87
Arrow Down
–0.03%
US 10 Yr
4.49
Arrow Up
+0.03%
FTSE 100
8,433.76
Arrow Up
+0.63%
Crude Oil
77.83
Arrow Down
–0.55%
Gold
2,364.80
Arrow Down
–0.43%
Euro
1.08
Arrow Down
–0.01%
Pound/Dollar
1.25
Arrow Down
–0.03%
chips-lede-illochips-lede-illo
Illustration: David Huang
The Big Take
Global Chips Battle Intensifies With $81 Billion Subsidy Surge
US and allies vie with China for semiconductor supremacy, powered by wave of domestic investment
The Big Take
Intel Is Betting $28 Billion on Making Ohio a Global Chips Capital
Operations at Geely's Zeekr Intelligent FactoryOperations at Geely's Zeekr Intelligent Factory
Biden to Hike Tariffs on China EVs, Offer Solar Exclusions

Related

Biden’s Plan to Hit China With More Tariffs Is Mostly Symbolic
Biden’s Solar Factory Boom Slows as Cheap Imports Flood Market

War in Ukraine

Third Year of WarTransforming WarfareNuclear Risk
THAILAND-APEC-SUMMITTHAILAND-APEC-SUMMIT

Latest

Israel-Hamas War

Israel Marks 76th Independence Day Worried and Deeply FracturedBlinken Warns Israel It Risks Hamas Insurgency in Postwar GazaHow Israel’s Rafah Operation Threatens Gaza’s Critical Aid Pipeline
Israel Pays Tribute to Fallen Soldiers On Yom HaZikaronIsrael Pays Tribute to Fallen Soldiers On Yom HaZikaron
Alexi Rosenfeld/Getty Images
Israel Marks 76th Independence Day Worried and Deeply Fractured
Blinken Warns Israel It Risks Hamas Insurgency in Postwar Gaza
Graphic
How Israel’s Rafah Operation Threatens Gaza’s Critical Aid Pipeline
Bloomberg News Now

Listen to the latest news: Menendez Trial Begins, Chinese E.V. Tariffs, More

4:18

Bloomberg Opinion

Ukraine Is Now a World War. And Putin Is Gaining Friends.Ukraine Is Now a World War. And Putin Is Gaining Friends.
Bloomberg Opinion
Ukraine Is Now a World War. And Putin Is Gaining Friends.
Global proxy conflicts were a constant in Cold War I, and Russia’s invasion marked the first of Cold War II. 
By Hal Brands, Columnist
Why India Struggles to Keep Its Food Safe
By Andy Mukherjee, Columnist
Andy MukherjeeAndy Mukherjee
Singapore’s New PM Faces Some Economic Headwinds
By Daniel Moss, Columnist
Putin Can’t Offer Enough for China’s Help in Ukraine
By Minxin Pei, Columnist
Minxin PeiMinxin Pei
Mexican Retailer BBB Tops IPO Goal To Raise $589 MillionMexican Retailer BBB Tops IPO Goal To Raise $589 Million
Michael Nagle/Bloomberg
A Doomsday Recession Mentality Is Keeping the S&P 500 Strong
About 79% of S&P 500 companies that have reported so far this quarter beat profit expectations.

Related

Nvidia Rivals Gold as Shield Against Inflation, Survey Shows
Dividend Payouts Are Latest Sign of Big Tech’s Financial Muscle
Views Of Wall Street As Stocks Extend Losses Views Of Wall Street As Stocks Extend Losses
Bond Traders Wait for CPI to Fuel — or Doom — the Market’s Rally

Related

Stubborn Inflation Poses Risk to Recently Upgraded US Forecasts for Economic Growth
Cooling Core Inflation Will Offer Minimal Relief to the Fed
Brazil New Cocoa FronteirBrazil New Cocoa Fronteir
Dayanne Sousa/Bloomberg

Bloomberg News Now

Listen to the latest news: Menendez Trial Begins, Chinese E.V. Tariffs, More

4:18

Latest

Real Estate Optimism Surges In Canada With Rate Cuts On HorizonReal Estate Optimism Surges In Canada With Rate Cuts On Horizon
Canada’s Trudeau Backs Away From Tax Threat on Apartment Owners
Real Estate Optimism Surges In Canada With Rate Cuts On HorizonReal Estate Optimism Surges In Canada With Rate Cuts On Horizon
US-ENTERTAINMENT-FILMUS-ENTERTAINMENT-FILM
Disney’s ‘Planet of the Apes’ Reboot Opens to $56.5 Million
US-ENTERTAINMENT-FILMUS-ENTERTAINMENT-FILM
How One Brooklyn Neighborhood Became a Nightclub HavenHow One Brooklyn Neighborhood Became a Nightclub Haven
How One Brooklyn Neighborhood Became a Nightclub Haven
How One Brooklyn Neighborhood Became a Nightclub HavenHow One Brooklyn Neighborhood Became a Nightclub Haven

Bloomberg Businessweek

Corporate America Never Really Quit Forced LaborCorporate America Never Really Quit Forced Labor
The Big Take
Corporate America Never Really Quit Forced Labor
Inmates do billions of dollars of work for companies and governments each year. A landmark lawsuit alleges many are being kept in prison because the business is just too good.
By Josh Eidelson
Intel Is Betting $28 Billion on Making Ohio a Global Chips CapitalIntel Is Betting $28 Billion on Making Ohio a Global Chips Capital

More from this issue:

Intel Is Betting $28 Billion on Making Ohio a Global Chips CapitalWill GM Regret Kicking Apple CarPlay off the Dashboard?The State of Crypto Is Anything But Strong
Indiana Fever Media DayIndiana Fever Media Day
‘The Caitlin Clark Effect Is Real,’ and It’s Already Changing the WNBA
Ticket sales are way up, new TV deals are coming—and the players might actually start getting paid like pros.
‘It’s a Money Loser’: Tax Breaks for Data Centers Are Under Fire
Lawmakers in US states that gave up hundreds of millions in revenue are having doubts about whether the incentives pay off.
With China’s Property Market Struggling, India, Korea and Vietnam Are Hot
Rents in cities across Asia are rising fast as multinationals shift away from the mainland.

Markets

ETFsCryptoDeals
The New York Stock Exchange As Stocks Fall The New York Stock Exchange As Stocks Fall
Markets Wrap
S&P 500 ‘Bumps Into a Wall’ After Blistering Rally
BOJ’s Ueda Ramps Up Yen Warnings While Traders Keep Selling
China Averts Moral Hazard, for Now, After Country Garden Pays
Odd Lots: Viktor Shvets the Fed's Self-Created Bind (Podcast)Odd Lots: Viktor Shvets the Fed's Self-Created Bind (Podcast)
Listen (48:54)
Odd Lots: Viktor Shvets on the Fed’s Self-Created Bind
Premier League Club Saga Takes a New Twist With 777 LawsuitPremier League Club Saga Takes a New Twist With 777 Lawsuit
Newsletter: The Brink
Premier League Club Saga Takes a New Twist With 777 Lawsuit

Bloomberg Originals

7:00
How Singapore Got Rich, and Can It LastHow Singapore Got Rich, and Can It Last
How Singapore Got Rich, and Can It Last
7:00
How Singapore Got Rich, and Can It LastHow Singapore Got Rich, and Can It Last
48:02
The Deal Episode 11: Stephen A. SmithThe Deal Episode 11: Stephen A. Smith
The Deal Episode 11: Stephen A. Smith
48:02
The Deal Episode 11: Stephen A. SmithThe Deal Episode 11: Stephen A. Smith
7:27
How Gucci Went From High Fashion to Discount RackHow Gucci Went From High Fashion to Discount Rack
How Gucci Went From High Fashion to Discount Rack
7:27
How Gucci Went From High Fashion to Discount RackHow Gucci Went From High Fashion to Discount Rack
24:01
Sundar Pichai, Google, and the AI BoomSundar Pichai, Google, and the AI Boom
Sundar Pichai, Google, and the AI Boom
24:01
Sundar Pichai, Google, and the AI BoomSundar Pichai, Google, and the AI Boom

Space

SpaceX Launches Falcon 9 Rocket Carrying 23 Starlink SatellitesSpaceX Launches Falcon 9 Rocket Carrying 23 Starlink Satellites
SpaceX Plans Up to 44 Starship Launches Annually at Florida Site
SpaceX Launches Falcon 9 Rocket Carrying 23 Starlink SatellitesSpaceX Launches Falcon 9 Rocket Carrying 23 Starlink Satellites
Launch of the HyImpulse Technologies single-stage SR75 rocket.Launch of the HyImpulse Technologies single-stage SR75 rocket.
In Race to Space, One Startup Is Betting on Candle Wax
Launch of the HyImpulse Technologies single-stage SR75 rocket.Launch of the HyImpulse Technologies single-stage SR75 rocket.
Rocket Lab Delays First Flight of Neutron Rocket to Mid-2025Rocket Lab Delays First Flight of Neutron Rocket to Mid-2025
Rocket Lab Delays First Flight of Neutron Rocket to Mid-2025
Rocket Lab Delays First Flight of Neutron Rocket to Mid-2025Rocket Lab Delays First Flight of Neutron Rocket to Mid-2025
China Launches Rockets From Sea in Bid to Win the Space RaceChina Launches Rockets From Sea in Bid to Win the Space Race
China Launches Rockets From Sea in Bid to Win the Space Race
China Launches Rockets From Sea in Bid to Win the Space RaceChina Launches Rockets From Sea in Bid to Win the Space Race

Technology

AICybersecurityScreentime
Sinovation Ventures Chief Executive Officer Lee Kai-Fu InterviewSinovation Ventures Chief Executive Officer Lee Kai-Fu Interview
Hollie Adams/Bloomberg
AI Pioneer Kai-Fu Lee Aims to Bring China Its ChatGPT Moment
East African Internet Connectivity Impacted by Sub-Sea Cable Cut
South Korea Plans $7.3 Billion Program to Support Chip Industry
GM Is Betting the Future Is ElectricGM Is Betting the Future Is Electric
Watch (24:01)
GM Is Betting the Future Is Electric
Tech Conference Touched on Everything From AI Fears to a Belching RobotTech Conference Touched on Everything From AI Fears to a Belching Robot
Newsletter: Tech Daily
Tech Conference Touched on Everything From AI Fears to a Belching Robot

Wealth

Hong Kong Rebounds on China Market Rescue PlanHong Kong Rebounds on China Market Rescue Plan
Hong Kong and China Stocks Are on a Tear. Should You Invest?
Hong Kong Rebounds on China Market Rescue PlanHong Kong Rebounds on China Market Rescue Plan
Key Speakers At The Fortune Brainstorm AI Conference Key Speakers At The Fortune Brainstorm AI Conference
Billionaire Khosla Loses Bid to End California Beach Access Suit
Key Speakers At The Fortune Brainstorm AI Conference Key Speakers At The Fortune Brainstorm AI Conference
Harvard University And Massachusetts Institute Of Technology CampusesHarvard University And Massachusetts Institute Of Technology Campuses
Harvard Cut Endowment Chief’s Pay in 2022 Following Investment Losses
Harvard University And Massachusetts Institute Of Technology CampusesHarvard University And Massachusetts Institute Of Technology Campuses
18 La Gorce Circle in Miami Beach.18 La Gorce Circle in Miami Beach.
Man Behind ‘As Seen on TV’ PedEgg to Buy $100 Million Miami Home
18 La Gorce Circle in Miami Beach.18 La Gorce Circle in Miami Beach.

Politics

US ElectionUKEuropeMiddle EastAsia
Musk Declares Fan-Submitted 'X' New Twitter Logo In Abrupt ShiftMusk Declares Fan-Submitted 'X' New Twitter Logo In Abrupt Shift
Musk’s X Wins Court Reprieve in Fight With Australian Government
India Election Crosses Halfway Mark, With Focus on Low Turnout
Student Protesters Walk Out on Seinfeld as Graduations Kick Off
Biden Draws New Crowd of Critics for His Israel PolicyBiden Draws New Crowd of Critics for His Israel Policy
Newsletter: Washington Edition
Biden Draws New Crowd of Critics for His Israel Policy
Big Take DC: The Harsh Economics of Extreme Heat (Podcast)Big Take DC: The Harsh Economics of Extreme Heat (Podcast)
Listen (14:24)
Big Take DC: The Harsh Economics of Extreme Heat

Explainers

Former President Donald Trump's Hush-Money Criminal TrialFormer President Donald Trump's Hush-Money Criminal Trial
How a Reelected Trump Could Make His Criminal Cases Go Away
Former President Donald Trump's Hush-Money Criminal TrialFormer President Donald Trump's Hush-Money Criminal Trial
The Portuguese Tourist Industry Prepares For Summer VisitorsThe Portuguese Tourist Industry Prepares For Summer Visitors
What’s a Golden Visa and Where Can You Still Get One?
The Portuguese Tourist Industry Prepares For Summer VisitorsThe Portuguese Tourist Industry Prepares For Summer Visitors
Americans Are Racking Up 'Phantom Debt' That Wall Street Can't TrackAmericans Are Racking Up 'Phantom Debt' That Wall Street Can't Track
What Is Buy Now, Pay Later? How It Works and the Hidden Risks You Should Know
Americans Are Racking Up 'Phantom Debt' That Wall Street Can't TrackAmericans Are Racking Up 'Phantom Debt' That Wall Street Can't Track
TOPSHOT-SSUDAN-SUDAN-CONFLICT-REFUGEESTOPSHOT-SSUDAN-SUDAN-CONFLICT-REFUGEES
The World’s Biggest Displacement Crisis Is Not in Gaza
TOPSHOT-SSUDAN-SUDAN-CONFLICT-REFUGEESTOPSHOT-SSUDAN-SUDAN-CONFLICT-REFUGEES

Industries

Real EstateEnergyHealth
Australia Emergency Services Respond to Plane That Had Mechanical Issues: APAustralia Emergency Services Respond to Plane That Had Mechanical Issues: AP
Australia Emergency Services Respond to Plane That Had Mechanical Issues: AP
Amazon, Morgan Stanley, Pfizer to Announce French Investments
First Person to Receive Genetically Modified Pig Kidney Dies Within 2 Months
The Deal Episode 11: Stephen A. SmithThe Deal Episode 11: Stephen A. Smith
Listen (50:45)
The Deal Episode 11: Stephen A. Smith
In Race to Space, One Startup Is Betting on Candle WaxIn Race to Space, One Startup Is Betting on Candle Wax
Newsletter: Business of Space
In Race to Space, One Startup Is Betting on Candle Wax

Green

New EnergyGreener LivingESG Investing
Wildfire Near Yosemite National Park Explodes In SizeWildfire Near Yosemite National Park Explodes In Size
Investors in Best Hedge Fund Bet of 2023 Review Climate Assumptions
Catastrophe bonds are being built with models that often underestimate the risks tied to climate events such as wildfires and thunderstorms.
Hottest Day of the Year Expected Before Thunderstorms End Week of Fine Weather
First US-Built Boat Servicing Offshore Wind Farms Is Ready to Launch
Zero: Europe’s Answer to the Green Backlash (Podcast)Zero: Europe’s Answer to the Green Backlash (Podcast)
Listen (40:11)
Zero: Europe’s Answer to the Green Backlash
An Optimist's Guide to the Planet TrailerAn Optimist's Guide to the Planet Trailer
Watch (1:45)
An Optimist's Guide to the Planet Trailer

Pursuits

In Asheville, a Black Heritage Trail Ushers In a Whole New EconomyIn Asheville, a Black Heritage Trail Ushers In a Whole New Economy
In Asheville, a Black Heritage Trail Ushers In a Whole New Economy
In Asheville, a Black Heritage Trail Ushers In a Whole New EconomyIn Asheville, a Black Heritage Trail Ushers In a Whole New Economy
In Hollywood, Video Games Are the New SuperheroesIn Hollywood, Video Games Are the New Superheroes
In Hollywood, Video Games Are the New Superheroes
In Hollywood, Video Games Are the New SuperheroesIn Hollywood, Video Games Are the New Superheroes
For $323 Million, Last Private Land in Arctic Archipelago Can Be YoursFor $323 Million, Last Private Land in Arctic Archipelago Can Be Yours
For $323 Million, Last Private Land in Arctic Archipelago Can Be Yours
For $323 Million, Last Private Land in Arctic Archipelago Can Be YoursFor $323 Million, Last Private Land in Arctic Archipelago Can Be Yours
BRITAIN-TOURISM-BAR-ECONOMY-DRINKS-FOOD-CATERING-DISTRIBUTIONBRITAIN-TOURISM-BAR-ECONOMY-DRINKS-FOOD-CATERING-DISTRIBUTION
American-Style Tipping Is Testing British Pub Culture
BRITAIN-TOURISM-BAR-ECONOMY-DRINKS-FOOD-CATERING-DISTRIBUTIONBRITAIN-TOURISM-BAR-ECONOMY-DRINKS-FOOD-CATERING-DISTRIBUTION

Economics

Inflation & PricesIndicatorsCentral Banks
General Views in Taipei ahead of Elections General Views in Taipei ahead of Elections
Taiwan’s Central Bank Has AI In Its FX Intervention Corner
Chile Central Bank Boss Says Inflation Is Within Expectations
Colombia Central Bank Chief Sees Risks in Faster Key Rate Cuts
Why China Is Worried Its Borrowing Costs Are Too LowWhy China Is Worried Its Borrowing Costs Are Too Low
Newsletter: Economics Daily
Why China Is Worried Its Borrowing Costs Are Too Low
Single Best Idea: Jim Bianco & Craig Sterling (Podcast)Single Best Idea: Jim Bianco & Craig Sterling (Podcast)
Listen (6:55)
Single Best Idea: Jim Bianco & Craig Sterling

CityLab

Nora AtkinsonNora Atkinson
San Francisco Design Museum Lands a Boundary-Pushing Curator
Nora AtkinsonNora Atkinson
Argentina-accident-ARGENTINA-ACCIDENT-TRANSPORT-RAILArgentina-accident-ARGENTINA-ACCIDENT-TRANSPORT-RAIL
Passenger Train Crashes in Buenos Aires, Injuring at Least 60
Argentina-accident-ARGENTINA-ACCIDENT-TRANSPORT-RAILArgentina-accident-ARGENTINA-ACCIDENT-TRANSPORT-RAIL
The Images That Boost Support for Sustainable TransportationThe Images That Boost Support for Sustainable Transportation
The Images That Boost Support for Sustainable Transportation
The Images That Boost Support for Sustainable TransportationThe Images That Boost Support for Sustainable Transportation
Package on sidewalk in front of residential buildingPackage on sidewalk in front of residential building
What DC Police Learned About Luring Package Thieves
Package on sidewalk in front of residential buildingPackage on sidewalk in front of residential building

Work + Life

Work ShiftEqualityBusiness of Sports
Nike Announces Signature Shoe for Las Vegas Aces A’ja WilsonNike Announces Signature Shoe for Las Vegas Aces A’ja Wilson
Source: Nike
Nike Announces Signature Shoe for Las Vegas Aces A’ja Wilson
In Asheville, a Black Heritage Trail Ushers In a Whole New Economy
Ackman Scolded Over DEI Views at Closed-Door Milken Session
Michael Andretti Plans to Finally Conquer F1Michael Andretti Plans to Finally Conquer F1
Watch (24:01)
Michael Andretti Plans to Finally Conquer F1
How Much Does It Cost to Have a Baby in America Now?How Much Does It Cost to Have a Baby in America Now?
Newsletter: Equality
How Much Does It Cost to Have a Baby in America Now?

Markets Magazine

Markets Magazine_West Palm Beach_08Markets Magazine_West Palm Beach_08
Ysa Pérez for Bloomberg Markets
The Big Take
Billionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform It
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
By Natalie Wong
Bloomberg MarketsBloomberg Markets

More from this issue:

How to Get a Meeting With the UAE’s $1.5 Trillion ManA $150 Billion Fortune Bolsters Qatari Royals at Critical MomentSaudi Arabia Is Making a High-Risk $1 Trillion Bet on Tourism
Markets Magazine_StockMarkets Magazine_Stock
The Sheikh Who Dominates One of the World’s Hottest Stock Markets
The UAE’s exchanges approach $1 trillion in value as Abu Dhabi’s index almost triples since April 2020.
UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree
Crown jewels including resorts and a gas station chain are up for grabs. Saudi Arabia mulls purchases.
What to See and Do in Doha, the New Art Boomtown in the Gulf
Qatar’s capital is aiming to become a culture hub—and boost its global image—with a host of museums, big-name exhibitions and rich collections of contemporary and Islamic works.
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