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The Cost of Detaining and Deporting One Person in America

By Rachel Adams-Heard and Elena Mejía

Permabull Tom Lee Sees Bitcoin as High as $200,000 by January’s End — Gabby Jones for Bloomberg Businessweek

Permabull Tom Lee Sees Bitcoin as High as $200,000 by January’s End

The always optimistic co-founder of Fundstrat Global Advisors believes in the long-term power of retail investors.

SharkNinja Built a $6 Billion Empire Selling Gizmos Nobody Needs — Sean Dong for Bloomberg Businessweek

SharkNinja Built a $6 Billion Empire Selling Gizmos Nobody Needs

The company turned its flair for whiz-bang gadgets and infomercials into an endless stream of TikTok hits.

Kid Rock Is Pro-Trump, Anti-Woke—And Somehow Relevant Again — Will Crooks for Bloomberg Businessweek

Kid Rock Is Pro-Trump, Anti-Woke—And Somehow Relevant Again

The singer has been golfing and trolling his way into the president’s inner circle.

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US-SAUDI ARABIA-POLITICS-TECHNOLOGY-ENERGY — Brendan Smialowski/AFP

Republican Pushback and Sinking Polls Make It a Rough Week for Trump

His grip over his party is slipping, which might spell difficulty ahead.

Shoppers’ Treasure Hunt Is On at TJ Maxx

AI Bubble Watchers Wonder If We’ve Seen This Movie Before

Cutting Ties With China Is Harder Than Companies Expected — Maika Elan/Bloomberg

Cutting Ties With China Is Harder Than Companies Expected

As US toymaker Learning Resources tries to wean itself from mainland producers, it’s discovering that it’s easier to move your factory out of China than it is to move China out of your factory.

Pursuits

1225_PURSUITS_BESTBOOKS SOCIAL

The 82 Books That Top Business Leaders Couldn’t Put Down

100 Luxury Gifts That Blend Nostalgia, Glamour and Holiday Joy

100 Luxury Gifts That Blend Nostalgia, Glamour and Holiday Joy

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Bloomberg Businessweek Daily

Trump Meets Mamdani

37:48

The Beauty Issue

How an $11 Billion Beauty Company Built a Suburban Empire

How an $11 Billion Beauty Company Built a Suburban Empire

Will Men’s Makeup Ever Go Mainstream?

Will Men’s Makeup Ever Go Mainstream?

The Fight to Save the $2.7 Billion Botox Empire

The Fight to Save the $2.7 Billion Botox Empire

How Dyson Went From Fancy Vacuum Maker to Beauty Titan

How Dyson Went From Fancy Vacuum Maker to Beauty Titan

Will Elon Get Paid $1 Trillion?

Tesla's Master Plan, Part 4

Are Elon and Mark Friends Again?

1225_PURSUITS_BESTBOOKS SOCIAL — Sarah Anne Ward for Bloomberg Businessweek

The 82 Books That Top Business Leaders Couldn’t Put Down

Our annual list of what powerful people across the globe found essential this year.

Going Viral

The story behind the hit

Onitsuka Tiger Sneakers Are Winning Gen Z’s Heart — Photo illustration: Ryan Haskins; Photos: Asics (1); Getty Images (3)

Onitsuka Tiger Sneakers Are Winning Gen Z’s Heart

Sales of the 76-year-old shoe brand have taken off amid a global tourism boom to Japan.

Why Everything From Perfume to Soap Smells Like Food Now

Buldak’s Spicy Ramen Is Riding TikTok Fame to the Top

Ones to Watch

The Entertainers and Executives Shaping the Arts and Culture — Photo Illustrations: 731; Photos: Berner: David Urbanke. Esparza: Star Montana. Shulman: Barry Chin/Getty Images. Storer: Emma Mcintyre/Getty Images. Young: Justin Goff/Getty Images. Yu: Visual China Group/Getty Images. All others: courtesy subject

The Entertainers and Executives Shaping the Arts and Culture

Get to know the musicians, podcasters and artists who are shaping the future of the industry.

A Walk With

Getting to know the most interesting people in business

Permabull Tom Lee Sees Bitcoin as High as $200,000 by January’s End — Gabby Jones for Bloomberg Businessweek

Permabull Tom Lee Sees Bitcoin as High as $200,000 by January’s End

The always optimistic co-founder of Fundstrat Global Advisors believes in the long-term power of retail investors.

Why Build-A-Bear Has Been on an Nvidia-Like Run

OpenAI’s Chairman Is Thinking a Lot About Bubbles Right Now

Buying Power

Amanda Mull on consumer culture

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results — Bobby Doherty for Bloomberg Businessweek

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results

Trends always have an element of randomness, but our algorithmic feeds have made them unintelligible.

Extra Salt

Deena Shanker on the food business

Why America’s Fridges Are Overflowing With Sauce — Rui Pu for Bloomberg Businessweek; Photos: Shutterstock (6)

Why America’s Fridges Are Overflowing With Sauce

The pandemic is over, but households are still stocked up on fancy ketchups and chili crisp like the world could end tomorrow.

The Boom in ‘Better for You’ Kid Snacks Is Worse for Parents

Taco Bell’s Not-So-Secret Sauce: An Endless Stream of New Stuff

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A crash course on the best business schools

The New Requirement for MBAs Seeking Consulting Jobs: AI Proficiency — Photo illustration by 731; photo: Getty Images

The New Requirement for MBAs Seeking Consulting Jobs: AI Proficiency

Rather than posing an existential threat, the technology is reinforcing the importance of judgment and emotional intelligence.

Will Foreign MBAs Win or Lose With Trump’s H-1B Reforms? Maybe Both

Harvard Business School Is Most Coveted Among MBAs Globally

Field Day

Ira Boudway and Randall Williams on the business of sports

NBA Commissioner Adam Silver Has a Steve Ballmer Problem on His Hands

NBA Commissioner Adam Silver Has a Steve Ballmer Problem on His Hands

The billionaire owner of the Clippers is posing a managerial headache for the league.

Ones to Watch

The Entertainers and Executives Shaping the Arts and Culture — Photo Illustrations: 731; Photos: Berner: David Urbanke. Esparza: Star Montana. Shulman: Barry Chin/Getty Images. Storer: Emma Mcintyre/Getty Images. Young: Justin Goff/Getty Images. Yu: Visual China Group/Getty Images. All others: courtesy subject

The Entertainers and Executives Shaping the Arts and Culture

Get to know the musicians, podcasters and artists who are shaping the future of the industry.

Buying Power

Amanda Mull on consumer culture

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results — Bobby Doherty for Bloomberg Businessweek

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results

Trends always have an element of randomness, but our algorithmic feeds have made them unintelligible.

Field Day

Ira Boudway and Randall Williams on the business of sports

NBA Commissioner Adam Silver Has a Steve Ballmer Problem on His Hands

NBA Commissioner Adam Silver Has a Steve Ballmer Problem on His Hands

The billionaire owner of the Clippers is posing a managerial headache for the league.

The Archive

August 1, 2025

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Can Gap Come Back?

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Permabull Tom Lee Sees Bitcoin as High as $200,000 by January’s End

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Cutting Ties With China Is Harder Than Companies Expected

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Cash Grants Aren’t a Long-Term Solution to Global Poverty

Direct cash grants are a popular means of providing global development aid. But there are better ways to help poor people.

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