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What Kamala Harris Would Mean for Wall Street and Main Street

How the vice president’s personal history and decades in public life could inform her administration if she wins.

Oprah Enlists Hollywood A-Listers for Town Hall to Boost Harris

Vance, Walz Hold Dueling CEO Meetings Ahead of VP Debate

Big Take DC: Harris on Taxes, Housing and Tariffs (Podcast)

Big Take DC: Harris on Taxes, Housing and Tariffs

Federal Reserve Hosts FedListens Event — Al Drago/Bloomberg

Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut

Dimon Says He’s Skeptical of Soft Landing After Rate Cut

Fed’s Relaxed Bank-Capital Plan Faces Bipartisan FDIC Pushback

Bloomberg News Now

Listen to the latest: Stocks Take a Breather, Tensions Escalate in Israel, More

4:57

updated 33 min ago

Insulin Products As Trump, HHS Take Aim At Prescription Drug Prices — Alex Flynn/Bloomberg

FTC Sues Drug Middlemen Over Manipulating Insulin Market

The agency says units of CVS, Cigna and UnitedHealth inflated the cost of insulin to boost their profits at patients' expense.

Why Prescription Drug Prices in the US Are So High

Latest

Bloomberg Opinion

Is Cornel West Risking A Trump Comeback?

Republican Presidential Nominee Donald Trump Speaks In Asheville, NC

Black Republican Who Called Himself a ‘Nazi’ Is Another MAGA Failure

Conservatives need to stop backing cartoonish candidates like Mark Robinson.

By Mary Ellen Klas, Columnist

Kamala Harris Needs Joe Rogan

By Nia-Malika Henderson, Columnist

Nia-Malika Henderson

Ohio Supreme Court Allows Voters to Be Deceived

By Francis Wilkinson, Columnist

Frank Wilkenson

The Case for Buying a House With Your Best Friend

By Erin Lowry, Columnist

LOWRY

Most Active US Stocks

US-ENERGY-NUCLEAR-politics — Andrew Caballero-Reynolds/AFP/Getty Images

Microsoft AI Needs So Much Power It's Tapping Site of US Nuclear Meltdown

Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges.

AI Is Already Wreaking Havoc on Global Power Systems

Xbox’s President Lays the Groundwork for the Next Gaming Console

Xbox’s President Lays the Groundwork for the Next Gaming Console

A relative outsider, Sarah Bond is leading a high-stakes transformation of a company that’s lagging behind Sony and Nintendo.

The Big Take Podcast

Big Take

The Fed Goes Big With a Half-Point Cut

16:12

The Russian Bot Army That Conquered Online Poker

How a card-playing Siberian AI outsmarted the world’s brightest researchers and raked in millions.

Bloomberg News Now

Listen to the latest: Stocks Take a Breather, Tensions Escalate in Israel, More

4:57

updated 33 min ago

Latest

The Big Take Podcast

Big Take

The Fed Goes Big With a Half-Point Cut

16:12

Most Active US Stocks

NYC's Subway As MTA Outlines List Of Improvements

NYC Commuter Nightmare Looms as UN Converges With Train Mess

NYC's Subway As MTA Outlines List Of Improvements

Top Wall Street Bull Says US Stocks To Pause Briefly After Run

Novo Shares Fall on Safety Data for New Weight-Loss Drug

Top Wall Street Bull Says US Stocks To Pause Briefly After Run

Signage for Apollo Global Management.

Apollo Snags $5 Billion From BNP to Expand Private Credit Bets

Signage for Apollo Global Management.

Bloomberg Businessweek

The Fed Risks a Political Backlash by Spurring Economy Close to Election — Illustration: Carolina Moscoso for Bloomberg Businessweek

The Fed Risks a Political Backlash by Spurring Economy Close to Election

The central bank’s decision to cut rates seven weeks before the vote has it fielding criticism from both parties.

By Amara Omeokwe

September 1, 2024

More from this issue:

How Legal Sports Betting Changed Everything What Happens When Ozempic Takes Over Your Town Inside Worldcoin's Orb Factory

Democrats Aren’t Sure Which Kamala Harris They’re Going to Get

Democrats Aren’t Sure Which Kamala Harris They’re Going to Get

Progressives question whether she’ll support their economic agenda the way President Biden has.

Business Schools Are Undergoing Unusual Change

The list of best business schools for 2024-25 hasn’t changed much at the top of the rankings, but there are notable surprises.

Elon Musk Tests Limits of Free Speech and SpaceX Racks Up the Wins

The two sides of Mr. Musk.

Markets

ETFs Crypto Deals

Russian Oil Storage As Global Powers Close In on Historic Deal — Bloomberg

US Ups Pressure to Clamp Down on Russian Oil Sanctions Breaches

Ontario Teachers’ Pension Plan to Sell Brazil Mall Stake After Two Decades

Dollar’s Resilience in Face of Fed Cuts Is Disappointing Traders

Lots More With Sam Ro on the Booming World of RIAs (Podcast)

Lots More With Sam Ro on the Booming World of RIAs

Trouble in Paradise: Why Maldives Is on the Verge of Default

Newsletter: The Brink

Trouble in Paradise: Why Maldives Is on the Verge of Default

Bloomberg Originals

Is the American Consumer Tapped Out?

Is the American Consumer Tapped Out?

How Central Banks Won the Battle But Lost the War

How Central Banks Won the Battle But Lost the War

Why There's a New Race to the Moon

Why There's a New Race to the Moon

The Growing Toll of America's Booming Kratom Industry

The Growing Toll of America's Booming Kratom Industry

Space

Rocket Lab Aborts Satellite Launch After Countdown Hits Zero

Rocket Lab Aborts Satellite Launch After Countdown Hits Zero

JAXA debris

Avoiding Apocalyptic Satellite Crashes Comes Down to China Checking Its Email

A Sleepy California City Gets The Elon Musk Makeover

Musk Decries ‘Lawfare’ After FAA Proposes SpaceX Penalties

SpaceX Crew Splashes Down After Historic Commercial Spacewalk

SpaceX Crew Splashes Down After Historic Commercial Spacewalk

Technology

AI Cybersecurity Screentime

Inside Westpac Financial Crime Hub — Brent Lewin/Bloomberg

Australia’s Labor Party Proposes Crackdown on Social Media, Scams

Sandvine to Exit Dozens of Countries, Replace CEO in Overhaul

Could Artificial Intelligence Help Us Talk to Animals?

Elon, Inc: Elon Tests Limits of Free Speech while SpaceX Racks Up the Wins (Podcast)

Elon, Inc: Elon Tests the Limits of Free Speech

Farmers Look to AI-Powered Equipment for More Productive Future

Newsletter: Tech Daily

Farmers Look to AI-Powered Equipment for More Productive Future

Wealth

37th Annual Footwear News Achievement Awards

Nike Paid $104 Million to CEO Donahoe Before He Was Ousted

2019 DKMS Gala - Arrivals

Colombian Family Worth $15 Billion Unveils More US Fund Bets

ETX Capital Traders Watch Market Reaction After U.S. Presidential Election

The UK May Be Your Best Bet for the Next Decade

Victoria Vyvyan

Inheritance Tax Hike Would Destroy Us, Say Britain’s Family Businesses

Politics

US Election UK Europe Middle East Asia

IRAQ-POLITICS — Qassem Al-Kaabi/AFP/Getty Images

US Seeks New Deal With Iraq After Baghdad Says Troops Not Needed

IMF Narrowing Options to Ease Loan Penalties by October Meetings

Iran Rushes to Treat Lebanese Hurt in Pager Attack on Hezbollah

Harris Tries to Make Ambiguity an Asset to Broaden Voter Appeal

Newsletter: Washington Edition

Harris Tries to Make Ambiguity an Asset to Broaden Voter Appeal

Big Take DC: Buttigieg on Air Travel, Political Future (Podcast)

Big Take DC: Buttigieg on Air Travel, Political Future

Explainers

JAPAN-G7-SUMMIT

What’s the ‘Quad’ Alliance and Why Doesn’t China Like It?

Hezbollah Leader Hassan Nasrallah Speech

All About Hezbollah, the Lebanese Militia Hit by Exploding Pagers

Mayor Adams Visits A Cooling Center During Heat Wave

A Guide to All the Probes Surrounding NYC Mayor Eric Adams

Vehicle Scrapyard Operations as Slowing Demand Plunges Worldwide Automobile Markets

What Is the Circular Economy and Where Does It Lead?

Industries

Legal Energy Health

Commerzbank AG Prepares Defense for Possible UniCredit Takeover

German Government Won’t Sell More Commerzbank Shares for Now

Generac Sees Higher Generator Sales With More Stress on US Grid

Why Man City Should Settle and End the Drama: Business of Sports

The Deal: Xavier Gutierrez on Latinos in Sports (Podcast)

The Deal: Xavier Gutierrez on Latinos in Sports

Avoiding Apocalyptic Satellite Crashes Comes Down to China Checking Its Email

Newsletter: Business of Space

Avoiding Apocalyptic Satellite Crashes Comes Down to China Checking Its Email

Green

New Energy Greener Living ESG Investing

How Flies Can Tame Floods

How Flies Can Tame Floods

Germany Seeks Delays to EU Hydrogen Rules That Stiffle Market

Thousands of Fires Are Burning in the Drought-Wracked Amazon

Zero: Making Sense of Trump and Harris Climate Plans (Podcast)

Zero: Making Sense of Trump and Harris Climate Plans

An Optimist's Guide to the Planet Trailer

An Optimist's Guide to the Planet Trailer

Pursuits

PURSUITS_WEB_New Faces of Green Cooking

Seven Food Entrepreneurs Who Are Changing Eco-Conscious Dining

1724_PURSUITS_HEADPHONES

The Best Over-the-Ear Headphones for Work or Pleasure, Tested

PURSUITS_WEB_JOHN MACK CARIBBEAN MANSION

Former Morgan Stanley CEO John Mack Lists $29.5 Million Caribbean Mansion

A Hops Harvest As Inventories Rise

The Bitter History of Beer’s Most Essential, Divisive Ingredient

Economics

Inflation & Prices Indicators Central Banks

Turkish Economy As Consumer Inflation Slows at Sharpest Pace Since 2022

Turkey Seen Likely to Start Discussing Rate Cuts in November

ECB Must Prepare for More-Volatile Inflation Era, Lagarde Says

Most Euro Nations Have Little Chance of Meeting Fiscal Rules

Trump’s Tariff Plan Falls Short of Filling His Budget Hole

Newsletter: Economics Daily

Trump’s Tariff Plan Falls Short of Filling His Budget Hole

Bloomberg Surveillance: Markets and Politics (Podcast)

Bloomberg Surveillance: Markets and Politics

CityLab

Belfast’s Grand Central Station Creates New Era for Northern Ireland’s Public Transport

Belfast’s Grand Central Station Creates New Era for Northern Ireland’s Public Transport

US-ECONOMY-LIFESTYLE-AUTO

The Moonshot Plan to Eliminate Deaths on America’s Roads

House Works To Push Funding Bill Forward After Speaker Johnson Pulled Wednesday Vote

AOC Proposes $30 Billion Social Housing Authority

NYC Braces for More Subway ‘Hell’ as Toll Reversal Risks Repairs

New York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, Subways

Work + Life

Work Shift Equality Business of Sports

A $557 Billion Drop In Office Values Eclipses A Revival Of Cities — Grant Hindsley/Bloomberg

Amazon Is Trying to Kill the Meeting Before the Meeting

A $90 Billion World Bank Plan to Electrify Africa Gets Underway

Caterpillar Joins Ford, Lowe’s in Diversity Rethink as Backlash Grows

Women's Soccer Wants to Be More Like the NFL

Women's Soccer Wants to Be More Like the NFL

The Child Care Position of JD Vance: Getting Grandma to Help

Newsletter: Equality

The Child Care Position of JD Vance: Getting Grandma to Help

Markets Magazine

Markets Magazine_Guyana_03 — Rose Marie Cromwell

Exxon Almost Walked Away From Its $1 Trillion Oil Discovery

A few geoscientists pushed a reluctant energy giant to take a chance on Guyana.

By Kevin Crowley

Bloomberg Markets The Energy Issue

More from this issue:

Electric Cable Companies Are Making a Killing How Climate Protests Are Bringing the Fight to Bankers Betting On the Energy Transition Has Turned Painful

ABC News Hosts Second Presidential Debate

Investors See a Harris Win as Better for Bonds, Worse for Stocks

Trump could move markets more, professional investors say in an exclusive poll.

A Father-Daughter Dynasty Looms Large in Texas Oil and Politics

Tom and Christi Craddick wield influence in the energy industry while also owning a piece of the action.

Power-Hungry Data Centers Are Gobbling Up Texas Amid AI Boom

A state’s infamously strained electric grid faces a new threat.