Robert Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and Senior Fellow at the Blum Center for Developing Economies. He has served in three national administrations, including as Secretary…
IPO Mania Fizzles in Hong Kong as Mega…
Photographer: Paul Yeung/Bloomberg Photographer: Paul Yeung/Bloomberg The days of the massive first-day pop in Hong Kong’s initial public offering frenzy may be nearing an end. Even as the pandemic spread for most of 2020, the…
LeBron James Injures Right Ankle, Lakers to Sideline…
LeBron James on the floor following an injury during a game against the Atlanta Hawks on March 20. Photographer: Michael Owens/Getty Images Photographer: Michael Owens/Getty Images Los Angeles (AP) -- LeBron James left in the second…
Europes Mr Vaccine Says Russias Sputnik V Vaccine…
Thierry Breton Photographer: Thierry Monasse/Bloomberg Photographer: Thierry Monasse/Bloomberg Covid-19 vaccine doses “are coming” and the European Union doesn’t need Russia’s Sputnik V shot, according to the EU commissioner in charge of fixing the bloc’s vaccination…
Central Banks Are Getting Serious About Digital Money
The rise of Bitcoin and other cryptocurrencies has prompted the greatest push yet among central banks to develop their own digital currencies. In 2020, the Bahamas launched its sand dollar to make payments more efficient…
Payments Startup MobiKwik Said to Target Mumbai IPO…
MobiKwik at a fuel station in Bengaluru, India. Photographer: Dhiraj Singh/Bloomberg Photographer: Dhiraj Singh/Bloomberg One MobiKwik System Pvt, the Indian digital wallet and payments startup, is targeting an initial public offering before September that could…
U.S. Sees Progress in Closing Microsoft Exchange Vulnerabilities
Photographer: Drew Angerer/Getty Images Photographer: Drew Angerer/Getty Images A new tool developed by Microsoft Corp. to contain damage from a massive hack of its email server software has helped to reduce the number of vulnerable…
Biden Takes a U-Turn on Obama and Trumps…
Hal Brands is a Bloomberg Opinion columnist, the Henry Kissinger Distinguished Professor at Johns Hopkins University’s School of Advanced International Studies, and a scholar at the American Enterprise Institute. Most recently, he is the co-author of "The…
Treasury Markets Bears Are Set for a Reality…
The bond market is about to get a serious reality check, with traders leaning heavily toward higher long-term yields and also a scenario where the Federal Reserve starts lifting rates from near zero well before…