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Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens.
The sudden cancellation of Ant Group’s IPO shocked investors, but Beijing’s slapdown of Jack Ma was years in the making. And Alibaba and Ant aren’t the only tech firms under scrutiny by Chinese regulators.
No Airbags or Anti-Lock Brakes on Russian Cars as Sanctions Bite
Oman Wealth Fund Considers IPOs of State Energy Firm OQ’s Units
US Recession Fears Set to Close Funding Tap for African Startups
Disney+ Could Lose 20 Million Subscribers by Ceding Cricket
Shale-Oil Tycoon Hamm Eyes Freedom to Drill With Go-Private Bid
Brazil’s Lower House Approves First Bill to Curb Fuel Prices
Elon Musk Tweets He Leans Toward Ron DeSantis for President in 2024
HSBC Fires London Trader as Crackdown on Client Messaging Widens
Home Prices in Canada Fall Again as Mortgage Pain Intensifies
Members of Queen, the Police, Rush to Honor Taylor Hawkins
More People Are Camping Than Ever Before, As Long As It’s Cushy
Housing Market Cooldown Will Only Lead to More Dysfunction
In Tuesday’s Primaries, a Big Day for Donald Trump
Long Covid Is Showing Up in the Employment Data
Sheryl Sandberg’s Wedding Expenses Are the Least of Facebook’s Sheryl Sandberg Problems
Lina Khan Has to Act Fast on Her Progressive Antitrust Agenda at the FTC
Janet Yellen Is Struggling at the Treasury Job She Never Wanted
Morgan Stanley, Felicis Alums Raise $450 Million for Debut Fund
Japanese Firm to Tackle Dearth of Female Managers With Novel Bond
South Africa Faces Legal Fight Over Zimbabwean Work Permits
Germany’s Solar Panels Generate More Power Than Ever Before
QuantumScape’s Manufacturing Drama Tests Silicon Valley Moonshot
How Many Bridges Does the Chesapeake Bay Need?
‘Train Fanatics’ Score a Win in California Battle Over Idled Tracks
Fiat Factory Roof Gets New Life as Public Space in Italy’s Motor City
El Salvador’s Big Bitcoin Gamble Backfires to Deepen Debt Woes
What Happens To Your Bitcoin When You Die? Estate Planners Have Some Ideas
Crypto Hedge Fund’s Ominous Tweet Is Latest Shock to Market
Bill Gates

Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital assets.
“Obviously, expensive digital images of monkeys are going to improve the world immensely,” Gates said sarcastically while speaking at an event in Berkeley, California hosted by TechCrunch. He said he’s neither long nor short the asset class.


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