The Big Take is the very best of Bloomberg’s in-depth, original reporting from around the globe every day.
Since 1890, Historically Black Colleges have offered the promise of equal access to higher education. But former Confederate states haven’t always provided equal funding. In Tennessee, one legislator is now pushing to finally balance the books.
Orban Expands Windfall Taxes With Pharma Levy Amid Dispute Over EU Aid
Pound’s Tentative Recovery Masks Worst Year Since Brexit Vote
ECB’s Schnabel Says Rates Need to Reach ‘Restrictive Territory’
Florida Leads US Population Growth for First Time in 65 Years
US Inflation Continues to Ease, But Wages Will Keep Fed on Alert
Mastercard Ordered by FTC to Help Rivals Route Transactions
Macy’s Workers in San Francisco Strike Ahead of Busy Holiday Shopping Days
Sequoia-Backed Wave Takes on Telcos in Africa Mobile-Money War
Amazon Looks to Sell Excess Air Cargo Space as Demand Cools
India to Review Rules on How It Taxes Foreign Digital Services
Ukraine Latest: Zelenskiy Says Bracing for Russia’s Next Move
Chinese Cities Reveal Covid Cases That Far Exceed National Tally
Russia’s Abramovich Gave Largest US Weed Company Millions
IRS Delays $600 Tax Reporting Rule for Venmo, Etsy Sellers
LA Jury Convicts Tory Lanez of Shooting Megan Thee Stallion
Ex-Navy SEAL Makes Big Impression on Buffalo Football Team
Our Most Popular Column of 2022 Is … ‘Elon’s Out’
You Shouldn’t Need a License to Be a Florist
Nothing Says ‘Christmas’ Like a Lawsuit
The Chatbots Are Coming for Google
Banks Open Data-Protection Vault to Other Financial Businesses
Drugmakers Are Testing Ways to Stop Alzheimer’s Before It Starts
University of California Workers End Strike, Ratify Contract
Macy’s Workers in San Francisco Strike Ahead of Busy Holiday Shopping Days
Eastern US Power Grid Orders Cuts Amid System-Wide Emergency
Tesla’s Ugly December and Other Omens for the Auto Industry
Bring Back the Christmas Monorails
Building a Retirement Home for NYC Carriage Horses
These Are the Best Video Games for Wannabe Urban Planners
This Week in Crypto: Bankman-Fried In Court (Podcast)
Crypto Regulations and Politics: Year in Review (Podcast)
Sam Bankman-Fried’s Bahamas Jail Luxury: Cable, AC and a Toilet
A bitcoin sculpture on the ground outside a cryptocurrency mining farm in Norilsk, Russia.
Vildana Hajric and
Michael P. Regan
Subscriber Benefit
Subscribe
Sign In
Money managers who have avoided the many ups and downs of cryptocurrencies may be feeling relieved for having done so, according to a senior investment strategist at JPMorgan Asset Management.
“As an asset class, crypto is effectively nonexistent for most large institutional investors,” Jared Gross, head of institutional portfolio strategy at the bank, said on this week’s episode of Bloomberg’s “What Goes Up” podcast. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging.”
Author
Administraroot