SocietyYoung women going through sorority recruitment are paying $3,000 to $12,000 for coaches who teach them the unwritten rules of Southern sororities in hopes of being accepted.
SocietyYoung women going through sorority recruitment are paying $3,000 to $12,000 for coaches who teach them the unwritten rules of Southern sororities in hopes of being accepted.
EconomySports betting is increasingly competing with traditional investing for younger Americans’ attention. A Betterment survey found that more than a quarter of Gen Z investors view gambling on sports as part of their long-term financial strategy.
PoliticsVideos recorded by activists show bulldozers cutting through soil and vegetation in Texas’s Big Bend National Park. The work is part of the Trump administration’s multibillion-dollar expansion of a “smart wall” along the US-Mexico border.
SportsOn this week’s edition of Bloomberg Money, Scarlet Fu and Tom Keene discuss two baseball books they consider must-reads: W. P. Kinsella’s “Shoeless Joe: The Inspiration for Field of Dreams” and Jonathan Mahler’s “Ladies and Gentlemen, the Bronx Is Burning: 1977, Baseball, Politics, and the Battle for the Soul of a City.”
OtherMangione’s guilty plea in the killing of UnitedHealthcare chief Brian Thompson took place before a crowded New York court, where Thompson’s widow reacted emotionally.
SocietyPeru is conducting a National Multi-Hazard Earthquake Drill across the country to mark the 19th anniversary of the 2007 Pisco earthquake. The magnitude 7.9 quake caused severe damage, particularly in Ica.
WorldPresident Donald Trump dismissed claims that families of service members aboard the USS Abraham Lincoln are worried about conditions on the aircraft carrier. The ship has spent nearly nine months deployed in support of Middle East operations, but Trump said its deployment had actually been “not nearly long enough.” Iraq war veteran and Armed Services Committee member Chris Deluzio responds.
WorldPresident Donald Trump played down concerns over the USS Abraham Lincoln’s extended deployment in the Middle East. Reports have described mental health struggles among sailors, while the Navy says it has not seen an increase in suicidal ideation.
WorldFormer CENTCOM Deputy Commander Robert Harward discusses the Trump administration’s negotiations to end the Iran war, assesses military pressure and Vice President JD Vance’s focus on keeping oil prices low, and asks whether Iran is “amassing assets.”
EconomyKristen Bitterly, Citi’s head of global Wealth at Work, discusses how longer life expectancy is changing the way people plan for retirement.
PoliticsBloomberg’s early edition of Balance of Power examines the latest developments from the Trump administration, with discussion from Washington correspondents and guests spanning investment, democracy, energy and foreign policy.
EconomyThe American Dream of homeownership is still alive, at least in Grand Rapids, Michigan. Nearly half of new homeowners in Kent County are under 35, helped by a high concentration of affordable homes and plentiful job opportunities.
WorldIn Qusra in the Occupied West Bank, Israeli settlers have surrounded three Palestinian homes, cutting off water and electricity and trapping families inside. The siege has continued for days, with footage showing tents erected outside and attempts to break in. Families describe living in constant fear, while children are afraid to leave their parents.
PoliticsDonald Trump’s 2025 financial disclosure reported $1.4 billion in cryptocurrency earnings, 21,000 securities trades and millions of dollars from his resorts and golf clubs. Bloomberg’s podcast examines the ethical concerns raised by the disclosure and whether it could trigger political fallout.
EconomyMike Wilson, Morgan Stanley’s chief US equity strategist and CIO, says the average American does a “bad job” of rebalancing their investment portfolio.
EconomyMike Wilson, Morgan Stanley’s chief US equity strategist and chief investment officer, discusses how long-term investors should approach their portfolios on Bloomberg Money, saying that chasing stocks can be as damaging as selling at the bottom.
EconomyBloomberg’s Money program examines voter turnout in the US midterm elections amid the affordability crisis, a July drop in US retail sales that was the steepest in more than a year, and financial advice from TikTok influencers.
SocietyFive years after the Taliban returned to power, Afghan women and girls still face severe limits on education, work and public life. Maryam, unable to attend school openly, studies online and secretly teaches English to other girls. Human Rights Watch researcher Fereshta Abbasi discusses the risks and long-term consequences of denying education to millions of Afghan girls.
Economy28:01Russia’s economy has withstood Western sanctions longer than expected, but strain is emerging in the fourth year of the Russia-Ukraine war. Growth is forecast to slow to its weakest pace since 2022, the budget deficit is widening and Ukrainian strikes are penetrating deeper into the economy. Moscow still has more than $300bn in accessible reserves and is benefiting from higher energy prices linked to the US-Israel war on Iran.
WorldFox News contributor and constitutional law attorney Jonathan Turley discusses Luigi Mangione’s guilty plea to federal charges in the UnitedHealthcare CEO killing and sharply criticizes a statement by Mangione’s defense attorney.
PoliticsThe Trump administration has asked the U.S. Supreme Court to let the White House continue its $400 million ballroom project while it appeals a lower court order that halted the work.
WorldAn earthquake brought down part of Cali’s largest university hospital, trapping children, adults and patients recovering from surgery. Families have spent days outside demanding information as rescue work continues. Officials say people died inside the collapsed structure, but relatives still hope for survivors. Confusion and disorganisation have deepened their anguish.
SocietyLuigi Mangione pleaded guilty in a US federal case involving the fatal shooting of UnitedHealth Group executive Brian Thompson in December 2024.
WorldUS officials are urging Israeli Prime Minister Benjamin Netanyahu to condemn settlers who are besieging Palestinian homes in Qusra, including a house owned by a Palestinian-American.