Latest

U.S. GDP Shrank 0.7% in First Quarter

The world’s largest economy hit a bigger ditch in the first quarter than initially estimated, held back by harsh winter weather, a strong dollar and delays at ports. Bloomberg's Julie Hyman and Micheal McKee report on “Market Makers.” (Source: Bloomberg)

Bullard: Fed Should Raise Rates as Economy Improves

Federal Reserve Bank of St. Louis President James Bullard warned that keeping interest rates near zero risks inflating asset-price bubbles, saying officials should raise borrowing costs this year as the economy improves. Bloomberg's Michael McKee reports on “Market Makers.” (Source: Bloomberg)

When Will Inflation Return?

Bloomberg’s Tom Keene, Brendan Greeley and Vonnie Quinn look at the Twitter question of the day. Gluskin Sheff & Associates Chief Economist and Strategist David Rosenberg also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Inflation Is Coming Back 'Now': David Rosenberg

Gluskin Sheff & Associates Chief Economist and Strategist David Rosenberg discusses the risks of inflation and the U.S. labor market. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Why Winning Doesn't Matter in the NHL

Bloomberg's Erik Schatzker reports on NHL's Detroit Red Wings coach Mike Babcock leaving to coach the Toronto Maple Leafs. Schatzker speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Luxury

Top 10 Luxury Brand Value Falls 6% to $105B

In today’s “Brandstanding” segment, Millward Brown Hong Kong and Taiwan Managing Director Rupam Borthakur discusses the value of luxury brands, brand sponsorships and the future of the sector. He speaks to Bloomberg’s Rishaad Salamat on “Trending Business.” (Source: Bloomberg)

Breaking Down Tiffany's Earnings Numbers

Tiffany posted first-quarter profit that exceeded analysts’ estimates after newer products such as its T collection helped fuel sales. Bloomberg's Chris Rovzar and Olivia Sterns report on “Market Makers.” (Source: Bloomberg)

Bloomberg Surveillance

When Will Inflation Return?

Bloomberg’s Tom Keene, Brendan Greeley and Vonnie Quinn look at the Twitter question of the day. Gluskin Sheff & Associates Chief Economist and Strategist David Rosenberg also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Inflation Is Coming Back 'Now': David Rosenberg

Gluskin Sheff & Associates Chief Economist and Strategist David Rosenberg discusses the risks of inflation and the U.S. labor market. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Why Winning Doesn't Matter in the NHL

Bloomberg's Erik Schatzker reports on NHL's Detroit Red Wings coach Mike Babcock leaving to coach the Toronto Maple Leafs. Schatzker speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Canada Needs $70 to $80 Dollar Oil Minimum: Levine

Portfolio Management Managing Director Norman Levine discusses Canada's connection to oil. Gluskin Sheff & Associates Chief Economist and Strategist David Rosenberg also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

JPMorgan May Fire Thousands

Gluskin Sheff & Associates Chief Economist and Strategist David Rosenberg discusses JPMorgan job cuts. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Bloomberg West

Google Bets on Android Pay: Bloomberg West (05/28)

Full episode of "Bloomberg West." Guests: Braintree's Juan Benitez, Matt Daus, former NYC TLC commissioner, Gabe Klein, special ventures partner at Fontinalis Partners, Udacity co-founder Sebastian Thrun and Pebble Technology CEO Eric Migicovsky. (Source: Bloomberg)

Android 101: How Udacity Can Help Make Better Apps

Udacity co-founder Sebastian Thrun discusses the company's partnership with Google that gives Android developers a curriculum to help tackle the growing demands of the mobile operating system. He speaks with Bloomberg's Emily Chang from Google's I/O developers conference in San Francisco. (Source: Bloomberg)

Are Taxi Regulators Qualified to Approve App Updates?

Matt Daus, former NYC TLC commissioner, and Gabe Klein, special ventures partner at Fontinalis Partners, discuss the proposed rules by New York City's Taxi and Limousine Commission to regulate car service apps. They speak with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)

How Will Customers Benefit From Android Pay?

Juan Benitez, chief technology officer at Braintree, and Bloomberg's Cory Johnson discuss Google's upgrades to Android announced today at Google's I/O developers conference in San Francisco. They speak with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)

Billionaires

Gina Rinehart Loses Control of $3.8B Family Trust

Asia’s wealthiest woman, Gina Rinehart, has lost a four-year court battle over control of her family trust which is worth about $4B. Bloomberg’s Dan Petrie reports on “Trending Business.” (Source: Bloomberg)

Billionaires' Deal Club Still Lacks Dish's Ergen

Charlie Ergen is once again on the outside of consolidation as another telecom mogul strikes a deal. The billionaire’s satellite-TV provider Dish Network is still flying solo after more than $700 billion in industry deals by rivals in the last three years. Bloomberg's Brooke Sutherland has more on "Bloomberg Markets." (Source: Bloomberg)

The Billionaire Behind Charter's Bid for Time Warner

Charter Communications recently announced it will buy Time Warner Cable for $55 billion. The merger will create the second-largest cable company in the U.S., with 17 million subscribers compared with Comcast’s 22 million. The big winner in this deal: John Malone, controlling shareholder of Charter and the most important media mogul you’ve never heard of. Bloomberg Businessweek’s Sam Grobart reports. (Source: Bloomberg)

Goldin Chairman Made, and Lost, Billions

The Chinese tycoon who lost billions when his companies plunged in Hong Kong says he simply doesn’t care. Goldin Chairman Pan Sutong has seen shares soar and plunge over the last six months. Bloomberg’s Frederik Balfour reports on “Trending Business.” (Source: Bloomberg)

Russia’s Richest Man Keeps Getting Richer

Bloomberg’s Ryan Chilcote recaps his interview with Russia’s richest man, Vladimir Potanin, chief executive officer of Norilsk Nickle, who spoke about the impact of sanctions against Russia and his relationship with President Vladimir Putin. He speaks on “Market Makers.” (Source: Bloomberg)

With All Due Respect