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The economy and markets are “under surveillance”. Bloomberg Surveillance, covering the latest news in finance, economics and investments.
More than 700,000 Americans are homeless, a number that is expected to rise in the aftermath of Covid-19. How did this happen? Why does a country with unprecedented wealth and prosperity have so many people with no roof above their head? Bloomberg CityLab dives deep into America’s urgent problem, and what can be done about it.
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Porsche Shares Drop Below IPO Price Within Days of Making Debut
Prosus Cancels $4.7 Billion Acquisition of India’s BillDesk
Deliveroo Opens Brick-and-Mortar Grocery Shop in Central London
Khamenei Slams Iran Protests as Forces Target Universities
EU Aims for Russia Sanctions Deal Today, Including Oil Price Cap
US Home Prices Now Posting Biggest Monthly Drops Since 2009
Billionaire Arora Family Saved Their Riches Before B&M Tanked
Tom Brady Gets Bucs Offense Going, Defense Struggles
Spectator At Steelers Game Dies After Fall From Escalator
China Has Its Eyes on the Sky. Boeing and Airbus Beware.
October’s Frights Start With Credit Suisse, Inflation
British Bungling Makes It Hard to Be an Anglophile
Maine Lobster Union Points the Way for Organizing Gig Economy Workers
Millions in Cryptocurrency Vanished as Agents Watched Helplessly
Cash Retakes Its Crown as the Fed Wrestles With Inflation
Few Florida Homes Hit by Hurricane Ian Are Covered for Floods
Daily Mirror Sorry After Mistaking Man for Chancellor Kwarteng
Climate Change Infused Hurricane Ian With 10% More Rain, Scientists Say
EV Makers Must Partner With Miners to Secure Key Metals
Chief Heat Officers Face Rising Temperatures — and Expectations
How Do You Wedge a Condo Into a Tiny Site? Work the Angles
Death Toll From Hurricane Ian Likely to Take Weeks to Finalize
Crypto Slump Leaves 12,100 Coins Trapped in Zombie Trading Limbo
Is Web3 Really Going That Great?
Bitcoiners Hunker Down for ‘Storms Ahead’ as Retail Stays Away
India must encourage local entrepreneurship to combat unemployment in the country, said a top official of a Hindu group affiliated to the ruling party, ahead of elections in the home state of Prime Minister Narendra Modi.
“One figure says that India is among the top six economies of the world. But is this a good situation?” Dattatreya Hosabale, general secretary of the Rashtriya Swayamsevak Sangh, said over the weekend. “Top 1% of India’s population has one-fifth of the nation’s income. At the same time, 50% of the country’s population has only 13% of the country’s income.”
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