Bloomberg Opinion

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Bloomberg Opinion

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📉 Watch the Hindenburg effect. Jack Dorsey’s Block Inc. shares tumbled by 20% in New York after Hindenburg Research said it’s betting on a decline in the stock, saying the payments company has misled investors.

🍕 15 years ago today, a Florida man paid 10,000 $BTC for two large Papa Johns pizzas. In today’s dollars, that’s roughly $1.1 billion, which is nearly enough to buy Papa Johns the company:

The House of Representatives is bitterly divided. New data show that after decades of pulling apart, Democrats and Republicans now present almost exactly inverse images of each other. Read the analysis:

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Trump’s tariff equation is nonsense, says John Authers. Here’s why 🎥

When tech CEOs like Sam Altman and Dario Amodei acknowledge the risks of AI, they’re selling you a product. Parmy Olson explains the dark art of AI marketing 🎥

This Japanese lunch staple is a steal at only 1,000 yen ($6.40) or so. Gearoid Reidy リーディー・ガロウド explains why the beloved meal though may be under threat 🎥

Nowhere were the promises and hypocrisies of AI clearer than in India this week. Catherine Thorbecke explains from New Delhi 🎥

Can GameStop afford to buy eBay? In theory, maybe — but reality is different 🎥

California is booming: Its economy is now bigger than Japan’s. These data show why 🎥

Canada’s economy is winning 🇨🇦 🎥 Here’s the proof

World War III will almost certainly start in space. Andreas Kluth explains how and why 🎥

Finland is ready for Russia. Is anyone else? Liam Denning and Louie (Luigino) Palu went to the Arctic to embed with the Finnish army preparing for war 🎥

Deporting Mahmoud Khalil would be a free speech nightmare. In fact, it already is. Noah Feldman breaks down why🎥

If you look at the 📊 data, 📊 Biden is quietly having a good presidency. The question is: Will that matter against Trump? 🎥 Kyla Scanlon explains ahead of #SOTU2024

Today marks Jerome Powell’s last day as Fed chair. He might be remembered for his rocky relationship with the White House, but Robert Burgess thinks his legacy lives with his swift handling of the economy. 🎥

Trump’s Fed chair pick, Kevin Warsh, satisfies no one. Jonathan Levin explains why 🎥

American national security just got “Loomered,” says Andreas Kluth. That’s very bad for foreign policy 🎥

🇮🇳 The 675-mile-long mountain range that cuts through central India is no longer just a geographical divide. It’s also an economic, religious, and political one, says Andy Mukherjee

Fifty years ago, a British psychologist famously laid bare the character defects behind some of the UK’s biggest wartime fiascos. Pete Hegseth’s plans for the Pentagon check every box, Toby Harshaw says 🎥

Trump doesn’t know his enemy in Iran. Marc Champion explains why 🎥

Japan’s growth is the most overlooked story in financial markets right now. John Authers explains 🎥

Trump may have finally lost Asia to China over the Iran war. Mihir Sharma explains 🎥

Africa's oil shock from the Iran war was preventable. Justice Malala explains why 🎥