Bloomberg News

🚨 LIVE NOW: What’s next for Japan and China as tensions over Taiwan threaten to derail what was seen as a warming of ties? Ask your questions here: https://bloom.bg/49JWWCL

Ken Burns discusses the loss of his mother at a young age and the power of film to process grief. Subscribe to The Mishal Husain Show wherever you get your podcasts https://lnkd.in/ekEfV8J2

Why you shouldn't buy private equity. What you might buy instead. My thanks to Rachel Reeves for helping us to find the peak of the Laffer Curve. And why the North Sea will soon be open for business again... https://lnkd.in/esm9vqUX

 "I regret going to uni." Pay for the typical UK graduate after living costs is now 30% — $10,500 — lower than it was in the late 2000s. Irina Anghel explains https://lnkd.in/eVzV9kHZ

We've spent the last year at Bloomberg News reporting on Tesla's dangerous doors. The trapped babies and pets. The deaths and the firefighters who had to watch people burn inside. Now, it turns out that futuristic electric door Tesla made famous has been copied in DOZENS of other car models from the Ford Mustang Mach-E to Lexus SUVs. In our latest piece in the DANGEROUS DOORS series, which dropped tonight from Keith Naughton, Max Rivera, Gabrielle Coppola and Kara Carlson, we tracked down 70 models where complaints have been lodged on these kinds of door handles in the US. Already, since our reporting, US regulators have opened up a formal investigation. China is close to passing new rules on the doors to fix the problem. Tesla, Rivian and others have said they plan to redesign how the handles or backups work. But this new reporting shows that these problems go way deeper than Tesla. And it's not just EVs, either. Take a read, I'll drop a gift link in the comments.

It's Black Friday and stretched US consumers plan to stock up on everyday essentials in this year’s seasonal sales. Lily Meier explains why bloom.bg/3M5vLso

Just west of downtown Chicago lies a rather unassuming data center that some of the world’s largest markets depend on. A malfunction at the complex on Friday took down virtually all CME futures and options trading platforms, wreaking havoc for traders. Read more: https://lnkd.in/gDFncdYq 📷: Jim Vondruska/Bloomberg

About 45 minutes west of downtown Chicago lies a rather unassuming, glass-encased data center that some of the world’s largest markets depend on. By one 2018 estimate, at least $25 quadrillion of notional trade volume passes through the facility every day.   The Aurora, Illinois, complex has served as the primary hub of digital operations for the world’s largest futures exchange operator CME Group Inc. for nearly two decades. While it's famous among high-frequency traders and Wall Street firms, it became infamous on Friday among all who trade across equities, foreign exchange, bonds and commodities markets globally. A malfunction in the cooling system at the complex took down virtually all CME futures and options trading platforms, wreaking havoc for traders around the world. Here's our profile of the most critical data center to the world's futures markets: https://lnkd.in/ewuTM52d. With Benoît Berthelot and Daniel Zuidijk for Bloomberg News. #datacenters #CME #exchanges #AIdatacenters #AI #Aurora

New AI shopping tools are sprouting right and left just in time for the holidays, but they're not perfect just yet. Spencer Soper asked for help finding his mom a gift and had an interesting experience bloom.bg/48lfOpd

Despite 50% US tariffs clouding India’s trade outlook, the economy posted 8.2% growth, the strongest in six quarters. Dan Strumpf unpacks the Modi government’s efforts to cushion the blow from Trump’s tariffs: http://bloom.bg/48E6GgJ