The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day.
The 1998 World Cup was supposed to be Ronaldo’s crowning glory, but an unexplained seizure shattered Brazil's dreams, and his. Four years later, he returned to the world's biggest stage looking for redemption.
Fitch Cuts Tunisia Deeper Into Junk as IMF Deal Seen Delayed
Turkey Automotive Production Rises 20% in January-May Period
SNB’s Jordan Puts Switzerland’s Neutral Interest Rate Around 2%
Ukraine Economy Contracts Less Than Expected Despite Attacks
Canada Suffers Minor Job Losses, Snapping Eight-Month Streak
Why Billionaires Are Circling Debt-Laden French Grocer Casino
PGA Golfers Are Now Told to Love LIV After Forgoing Its Millions
OpenAI’s CEO Calls on China to Help Shape AI Safety Guidelines
Tesla’s Record Run Drives Nearly $200 Billion Jump in Value
Nordic Capital Pursues Temenos as Other Suitors Drop
Ukraine Recap: Missiles Fly After Putin Derides Counteroffensive
Starmer Sacrifices Key Proposal to Protect His Path to Victory
US Housing Market Is Missing 320,000 Affordable Homes
Trump Suit Against Niece Over NY Times Story Advances: Judge
Two of Paul Newman’s Daytona Rolexes Sell for More Than $1 Million
Is the Soul of the Tories Up for Grabs Along With the Telegraph?
Smoky Orange Haze Amplifies Focus on Ventilation
Hedge Funds Meet Their #MeToo Moment
The Netflix Effect Chills Foreign Content Creators
Payrolls, Prices, Productivity and Profits Hold the Answer to the Puzzling US Economy
Will Argentina Ditch the Peso for the Dollar?
Sunak Urged to Publish UK Report on Abuse of LGBTQ Soldiers
Dimon Sought for Fresh Deposition in JPMorgan Epstein Suit
A Landlocked German Boardmaker Is Trying to Make Surfing Greener
Thunderstorm Warnings as Weekend Temperatures Soar
NYC Pays Over $300 a Night for Budget Hotel Rooms for Migrants
Connecticut May Ban Collection Tactic Used in Cash-Advance Loans
Deep Drought Punishes Latin American Clean Water Pioneer
Robinhood Removes 3 Crypto Tokens Following Regulatory Crackdown
Coinbase Suit May Finally Send Crypto Debate to US Supreme Court
A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown
The SPDR Gold Trust (GLD
) has done a lot of living for a 10-year-old.
GLD, which hits the decade mark next week, isn't half the exchange-traded fund it used to be. Assets stand at $27 billion, down from $76.7 billion three years ago, because of muted inflation, a stronger dollar and the continued rally in the stock market. Even so, GLD still accounts for 46 percent of the global gold ETF market and 80 percent of the gold ETF market in the U.S.