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
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
PGA Golfers Are Now Told to Love LIV After Forgoing Its Millions
JetBlue, American Offer to Rework Alliance After Legal Setback
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
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US Housing Market Is Missing 320,000 Affordable Homes
Trump Suit Against Niece Over NY Times Story Advances: Judge
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Hedge Funds Meet Their #MeToo Moment
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Connecticut May Ban Collection Tactic Used in Cash-Advance Loans
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Coinbase Suit May Finally Send Crypto Debate to US Supreme Court
A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown
A customer views vegetables for sale at a grocery store in Scottsdale, Arizona.
US short-term inflation expectations fell in early March to the lowest level in nearly two years and long-run views also eased, but consumer sentiment still fell due to persistently high prices.
Respondents said they expect inflation to rise 3.8% over the next year, the lowest reading since April 2021, according to the University of Michigan’s preliminary reading. They expect prices to advance 2.8% over the next five to ten years, the lowest in six months.