Gold prices have been on a rampage, hitting record after record. Driven in part by geopolitical tensions, economic uncertainty and the prospect of lower US interest rates, unrelenting demand from China also played a big part.

An armada of vessels operating near Asia's maritime thoroughfares moves hundreds of millions of barrels of sanctioned oil. Called the "dark fleet," the ships also risk environmental catastrophe.

What's in store for Europe's trade with the US following the upcoming presidential election? Bloomberg's Oliver Crook explores the different scenarios and what it could mean for the world's largest bilateral trade and investment...

Gina Martin Adams hosts this week's 'Equity Market Minute' by Bloomberg Intelligence.

Elon Musk is blurring the lines between reality and internet culture, bringing DOGE to the White House. What started as an internet meme in the early 2010s is now Musk's latest pet-project under President-elect Donald Trump. The Tesla...

Younger Americans face a financial crisis. Their growing debt burden has far outpaced that of older generations, and it's only getting worse. Here's what's behind it.

South Korea is facing a demographic time bomb. The nation is grappling with the world's lowest fertility rate and a rapidly aging population, which threaten its very future. The unfolding crisis mirrors a global trend that's hitting East...

The Bank of Japan's rate hike blew up a yen-centered carry trade. Now, as the dust settles, investors and Japanese business owners alike are questioning the yen's role in the global economy.

Norway's $1.8 trillion sovereign wealth fund enjoys a rare political consensus that helps guide its success.

Gina Martin Adams hosts this week's 'Equity Market Minute' by Bloomberg Intelligence.

The Bank of Japan raised its benchmark interest rate and unveiled plans to halve bond purchases, underscoring its determination to normalize monetary policy. The BOJ hiked its policy rate to around 0.25% from a range of 0 to 0.1%,...

With the Democratic Party's nomination sewn up and running mate Governor Tim Walz of Minnesota at her side, Vice President Kamala Harris is experiencing a groundswell of support, having raised a record $200 million in campaign donations...

Apple Inc.'s AI-focused M4 chips will be part of a new version of the Mac mini, which is getting its first major design change in 15 years, Bloomberg's Mark Gurman reports in this week's Power On. The revamped Mac mini will be Apple's...

Indonesia is getting a new capital city, moving its administrative headquarters to Nusantara from Jakarta.

The inauguration is scheduled for Saturday, after President Joko Widodo's final State of the Nation address later...

While the rest of the world debates what artificial intelligence might mean for jobs, citizens in the Philippines are already living in the new reality. The drive to cut labor costs that saw back-office roles shipped to the archipelago...

Driven by private equity and subscription-based models, the US car wash industry is growing like never before. From New Jersey to California, cities and towns are feeling the sometimes unwelcome effects. Now some have decided to slow the...

Set against the backdrop of the US Open Tennis Championships, Bloomberg Power Players New York hosted some of the world's most influential voices in the business of sports--from Steph Curry to Alex Rodriguez, NASCAR Champion Ryan Blaney,...

The Henderson, a new skyscraper built on the world's most expensive plot of land, is set to welcome its flagship resident Christie's in September. However, questions remain over how the landlord will fill its office space amid a property...

One of the world's top advertising executives - S4 Capital Executive Chairman Sir Martin Sorrell - says China's central government should unleash more stimulus - through added fiscal spending or more aggressive easing of interest rates....

Rio Tinto Chairman Dominic Barton says the world needs more mines to offset a coming supply shortfall across commodities including copper. He says mergers and acquisitions are not enough to plug the gap. Barton spoke exclusively with our...

The commodity trading industry has long been known for its shady behavior. But the trial of Javier Aguilar has brought to life the inner workings of a modern-day bribery scheme like never before.

Japan's ruling party votes for a new leader later Friday, with the winner set to replace the outgoing Fumio Kishida as prime minister. It's been one of the most open races in the conservative party's history, with a record nine...

China expects nearly two-billion domestic trips over the Golden Week holiday beginning today, up more than 19-percent from the same period in pre-pandemic 2019. Our Chief North Asia Correspondent, Stephen Engle, looks at whether the new...

Gina Martin Adams hosts this week's 'Equity Market Minute' by Bloomberg Intelligence.