No, Really. Are We Finally Heading Toward a R...

In the first 24 hours of US attacks on Iran, the scale of firepower more than doubled that of the US’ initial assault on Iraq in 2003 — an expansion made possible by the Pentagon’s embrace of AI. Just hours before the attack, the US parted ways with AI company Anthropic, after th ...  Show more

On today’s Big Take podcast, Bloomberg’s Brian Chappatta and Olivia Fishlow unpack the recent tumult in the world of private credit. How cracks formed in this $1.8 trillion market, how companies are trying to tamp down investor anxiety and what it all could mean for the private c ...  Show more

Gas prices are high, unemployment is low and the tools the federal government has to fight inflation could cause a recession. So how should we think about the economy right now? We asked our econ reporters and a personal finance columnist for advice. 

Rea ...

The U.S. economy is doing better than many had anticipated. Some 80 percent of jobs lost during the pandemic have been regained, and people are making, and spending, more.

But Americans seem to feel terrible about the financial outlook.

Why the gap between reality ...

Unemployment in the United States is near record lows, wages are growing quickly, and spending in the service sector is increasing as the pandemic lulls.But there's also some worrying news: more job openings than people who want to fill them, global economic uncertainty stemming ...  Show more

Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ...  Show more