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Want Money From the Middle East? There Are New Strings Attached
The sovereign wealth funds of the Persian Gulf used to be relatively easy places for US firms like Blackstone and Goldman Sachs to raise money. But r…
1 year, 9 months ago
Why Is Everybody Still Getting Sick All The Time?
Have you had the flu recently? Or RSV? Or just... some bug that you can’t quite shake? If so, you’re not alone. Bloomberg’s data team recently decide…
1 year, 9 months ago
Are We in a Recession? The Sahm Rule Says Yes. Its Creator Says Not So Fast
On today’s Big Take podcast, economist Claudia Sahm explains the Sahm rule: how she came up with the idea, whether or not we’re in a recession, and w…
1 year, 9 months ago
Welcome to Ozempictown, USA (No, It’s Not Hollywood)
What happens when new weight-loss drugs like Ozempic transform a community? Bloomberg healthcare reporter Madison Muller went to Bowling Green, Kentu…
1 year, 9 months ago
$200 Billion, Four Heirs And One Mighty Empire
Gautam Adani, the controversial Indian billionaire, gathered his two sons and two nephews for a family lunch one day and asked them a bombshell quest…
1 year, 9 months ago
What’s Behind the Global Market Meltdown
On Wall Street, the S&P 500 had its worst day in nearly two years and the Dow Jones Industrial Average shed over 1,000 points. Shares on Japan’s Nikk…
1 year, 9 months ago
The Threat of AI-Made Bioweapons
In April of 2023, a man carrying a small, black box walked into one of the nation’s most secure buildings, right next to the White House. In the box …
1 year, 9 months ago
Ghost Jobs Are Haunting the Labor Market
If you’ve applied to a job and never heard back, you may have fallen prey to a ghost job — an online listing for a role that never actually existed.
…1 year, 9 months ago
How Companies Gamed the H-1B Visa Lottery
Each year in April, the US conducts a lottery that shapes the lives of hundreds of thousands of people. And each year, only around 85,000 are granted…
1 year, 9 months ago
Japan’s Small Businesses Have a Problem. They Don’t Know How to Raise Prices
Costs are rising in Japan and small businesses risk being squeezed into oblivion if they don’t figure out how to raise their prices. After decades of…
1 year, 9 months ago