Small Business

Why This Hatmaker Sets Fire to His $950 Felt Creations

Nick Fouquet designs and builds custom headgear from raw materials. He has celebrities and fashion icons among his clientele, but all he really wants is to convince the world that no matter what everyone thinks, all of us are hat people.

How to Make a Knife

Meet the knife nerds in Georgia who sell blades with a multi-year waiting list.


Must See Videos

Is Texas in Trouble?

Bloomberg's Joe Weisenthal talks about what he's following ahead of today's ‘What’d You Miss?’ Watch the show with Joe, Alix Steel and Scarlet Fu every weekday at 4 p.m. ET on Bloomberg. (Source: Bloomberg)

Apple Only Spends 3.5% of Revenue on R&D

Compared with its resources, Apple has remained relatively quiet. It spent just 3.5 percent ($8.1 billion) of its $233 billion in revenue in fiscal 2015 on research and development, a lower percentage than every other large U.S. technology company, data compiled by Bloomberg show. Bloomberg's Mark Milian reports on "Bloomberg Markets." (Source: Bloomberg)

IMF Adds Yuan to Basket of Reserve Currencies

The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the progress China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan. (Source: Bloomberg)