Bloomberg News

China’s intensifying tax crackdown has its billionaires rushing to figure out how much they owe and whether they can negotiate.

President Donald Trump said that some of the men arrested Sunday on terrorism charges by the UK near an air base used by the US military were under surveillance and aimed to inflict major damage.

Treasury Secretary Scott Bessent said Federal Reserve policymakers should keep an “open mind” on interest rates, arguing that productivity gains from artificial intelligence and deregulation will help keep US inflation in check.

Donald Trump and Xi Jinping discuss Taiwan arms sales every time they get together but the US stance on the self-ruled island remains unchanged following Xi’s visit to Washington last week, the US president’s top envoy to Beijing said

Meta has again gotten the jump on Apple, writes Mark Gurman. The launch of the Meta VR Glasses elegantly offloads the computing engine, allowing the device to weigh one-sixth as much as the Vision Pro — at one-third of the price. Read the latest edition of the Power On newsletter: bloom.bg/4d64HDT 📷: David Paul Morris/Bloomberg

A cruise line agreed to buy a 50% stake in Sandals Resorts for about $3 billion. Which cruise line was it? Place your bets in this week’s Pointed, Bloomberg’s weekly news quiz for risk-takers ⤵️ https://bloom.bg/pointed

Australia's senate requested the heads of OpenAI and Anthropic to appear at an inquiry to answer questions following the country's recent revelation of a hack of a government website.

It has been a head-spinning time of change for social media content creators as AI slop proliferates all over the Internet. On this episode of the Odd Lots podcast recorded live at the Vermont Hollywood theater, Rachel Karten and Taylor Lorenz join Joe Weisenthal and Tracy Alloway to discuss why people love some genres of slop and what type of content audiences still prefer to be created by humans. Listen at https://lnkd.in/eEuikHWi or watch at Bloomberg.com/video

2026 was supposed to be the year that sidelined US homebuyers got some relief. Then, the Iran war and fears about rising inflation came along. Here's what to know.

UK Prime Minister Andy Burnham appealed for “calm on all sides” as a tense standoff between unionists and nationalists in the Northern Irish town of Portadown threatened to boil over on Sunday.