Author Theo Baker joined Christina Ruffini and David Gura this morning on Bloomberg This Weekend to discuss his new book “How to Rule the World: An Education in Power at Stanford University,” chronicling the prize-winning reporting he did for Stanford Univeristy’s student newspaper — reporting that led to the resignation of the university’s president. (Source: Bloomberg)
New York City’s effort to close a multibillion-dollar budget gap has triggered a high-profile clash between Mayor Zohran Mamdani and Wall Street leaders, including Citadel founder Ken Griffin. Mamdani’s proposed “pied-à-terre” tax on luxury second homes has become a flashpoint in a broader debate over whether the city should raise more revenue from wealthy residents or focus on restraining spending growth. Wall Street veteran Whitney Tilson, Partnership for New York City CEO Steve Fulop, and real estate executive Ruth Colp-Haber all warn that messaging matters when competing for businesses and high earners, even as supporters argue the existing property tax system places much of the burden on middle-class property owners and commercial real estate owners. The dispute highlights a larger challenge facing New York: balancing its books while remaining attractive to workers, investors, and employers. (Source: Bloomberg)
The tech-fueled stock rally is looking bubble-like to some investors, and they’re turning to exotic options that better protect against an eventual slump.
Micron is expected to be the second-largest contributor to the index’s overall earnings growth — behind Nvidia, whose impact will likely diminish.
For decades — coincidentally, at least since the Iranian Revolution and hostage crisis of 1979-80 — the price at the pump has been a crucial lens through which Americans judge a president’s success or failure. In this conflict, the impact on gasoline prices matters more to individual Americans than the broader military campaign, the removal of Iran’s enriched uranium, or sending in ground troops. Bloomberg News Senior US Oil Reporter Kevin Crowley tells Christina Ruffini and David Gura this morning on Bloomberg This Weekend, it’s not going well. (Source: Bloomberg)
Commodities drive wealth by giving investors exposure to real assets that support the global economy. When used wisely, they can help balance risk and protect long-term buying power.
Russia’s capital and the surrounding Moscow region came under record drone attacks overnight, leaving at least three people killed and over a dozen wounded.
Australia’s Treasurer Jim Chalmers on Sunday reiterated that overhauling the nation’s capital gains tax laws is aimed at fixing a broken housing market.
China’s market regulator set out 34 priorities for 2026 to support private sector growth, focusing on fair competition, stronger legal protections and efficient regulation.
Tensions between Malaysia and Norway heightened over a scrapped weapons deal as Oslo confirmed it had revoked export licenses tied to a naval strike missile system.
