President Donald Trump said he is imposing a 25% tariff on goods from countries “doing business” with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests.
US Senator Mark Kelly sued Defense Secretary Pete Hegseth, asking a federal court to vacate the Pentagon chief’s letter censuring the Arizona Democrat and block a move to lower his military retirement rank.
New York Governor Kathy Hochul is significantly expanding her push for new nuclear capacity to meet surging demand for electricity.
German Foreign Minister Johann Wadephul said he is optimistic Europe can reach a “compromise” with the US over Greenland, as diplomats try to defuse tensions following US President Donald Trump’s fresh threats to seize the vast island.
Wall Street homebuyers rattled by President Donald Trump’s broadside are plotting their own proposals to defuse the risk of getting shut out of the housing market.
Minnesota officials are suing over the “unprecedented surge” of US immigration authorities in the state, taking the Trump administration to court days after a federal agent shot and killed a Minneapolis woman.
Bolivia’s President Rodrigo Paz navigated the first major challenge to his bid to get the government’s books in order by striking an accord with the national labor union and other social sectors that preserved his move to end costly fuel subsidies.
UK Prime Minister Keir Starmer escalated his threats against Elon Musk’s X on Monday, vowing to enforce a law that banned the sexualization of people’s images without their consent and calling such content generated by Grok as “disgusting and shameful.”
Venezuela’s government said it freed more than 100 political prisoners on Monday, though human rights groups have only verified the release of roughly half.
On today's episode of Bloomberg Businessweek Daily, Tim Stenovec and Emily Graffeo discuss market reaction to the DOJ's subpoena of the Federal Reserve. Bloomberg's Enda Curran and Michael Contopoulos of Richard Bernstein Advisors join the show to discuss. Plus, Pfizer CEO Albert Bourla joins Bloomberg from the JPMorgan Healthcare Conference to discuss the pharmaceutical giant's weight-loss drug outlook, and Acadia Pharmaceuticals CEO Catherine Owen Adams on her firm's net-gen neuroscience treat
