Bloomberg Opinion

The Bureau of Labor Statistics Is Not the Problem Losing highly reliable, accurate and transparent data on the health of the world’s largest economy would be perilous.

It’s hard to overstate the perils that await the economy following President Trump’s decision to fire the head of the Bureau of Labor Statistics, says @kedseconomist.com

Tariffs? In This Economy? Good Luck With That The levies are a massive tax on households and businesses, and they’re dragging down consumer spending and job growth.

Two items stuck out as especially troubling, says @bobburgess.bsky.social:

This week brought a slew of important data proving the cracks in the economy are getting both wider and deeper 📊

Apple and Cook Get a Boost — and Breather — From iPhone Sales A blowout quarter, tariff-related or not, put AI questions on the back burner for now.

Read my @opinion.bloomberg.com column here (gift link for Bluesky!)
www.bloomberg.com/opinion/arti...

Here’s a Better Plan for Retirement Than Social Security Investing $10,000 for each baby born in the US beats the current system.

Putting $10,000 away for each baby born in the US would provide a richer retirement than the current Social Security system, @nirkaissar.bsky.social says

The Anti-US Axis Isn’t Dead, Just Resting Russia, China and North Korea failed to help Iran when it was getting bombed by the US. And yet their four-way coalition lives on and will become more ominous.

Russia, China and North Korea failed to help Iran when it was getting bombed by the US. And yet their four-way coalition lives on and will become more ominous

GIFT LINK

bloom.bg/3J0olF3

@opinion.bloomberg.com

Apple and Cook Get a Boost — and Breather — From iPhone Sales A blowout quarter, tariff-related or not, put AI questions on the back burner for now.

A blowout quarter for Apple, tariff-related or not, put AI questions on the back burner for now.

Read @davelee.me ⬇️

Blame Pornhub for Britain’s Age-Check Internet Mess The backlash against the UK’s new child safety law should also go to companies who built glitchy age-checking systems.

Companies should work harder at making the internet less of a sewer, writes @parmy.bsky.social

Ford Sorely Needs Jim Farley’s Model T Swagger The 122-year-old auto pioneer wants to refocus investors on its future as it struggles with recalls and tariffs.

Ford is squeezed between the sins of the past, the cost of the future - and the president of the present
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...

Coal-Powered AI Robots Are a Dirty Fantasy Trump has a vision of 21st century robots running on a power technology that hasn’t been cutting-edge since the days of Thomas Edison.

No Trump, AI robots aren't going to rebuild America's coal plants
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...

The Attack on Transgender Kids Isn’t Just Cruel. It’s an Omen. The Trump administration is showing how easily it can target any health practice it opposes.

Trump's relentless campaign of fear and intimidation has led to a rapid retreat among hospitals previously offering gender affirming care to adolescents. For @opinion.bloomberg.com , I wrote about the cruelty of the current moment-and why it matters for access to other types of health care. (🎁 link)

Billionaires’ Baby Boom Has Lessons for Our Bust If the developed world is turning against having more kids, nobody told the 0.0001%.

If the developed world is turning against having more kids, nobody told the 0.0001%

The $87 Trillion Bill That Comes From Denying Reality Even putting aside science, EPA Administrator Lee Zeldin’s decision to reverse the finding that greenhouse-gas emissions are a danger to the public makes no economic sense.

The EPA’s latest climate-denying move may be illegal and it may be anti-science, but at least it will cost us many trillions of dollars in economic damages

🎁 link to my column for @opinion.bloomberg.com

www.bloomberg.com/opinion/arti...

Maybe Joe Rogan Oversold the Texas Dream Comedians aren’t the only ones realizing that life in the Lone Star State isn’t all it’s cracked up to be.

Nobody wants to live in “a boiling pot of evil goo.”

Read @jesskarl.bsky.social ⬇️

Even Nuclear Experts Are at a Loss Right Now Who would have thought strategists would be almost nostalgic for the Cold War?

In our brave new world, those thinking deeply about preventing nuclear war have no good answers and seem almost nostalgic for the Cold War

GIFT LINK: bloom.bg/4kWNu0B

@opinion.bloomberg.com

The Texas Economy Ain’t All That For all the impressive economic statistics, Texas doesn’t generate sufficient income or security for its residents.

Read the column:

Texas has had higher GDP growth and a lower unemployment rate than most states since the pandemic.

But it is also the state with “the most people in financial distress.” This ranking came as a surprise to a lot of people — but not to Texas native @kedseconomist.com 🎥

Health Screenings Work. So Why Gut the Panel Behind Them? US Preventive Services Task Force recommendations save lives. The committee shouldn’t be a political football.

With RFK said to be on the cusp of firing the entire US Preventive Services panel, some thoughts on the importance of this independent group's work--and what's at risk if these experts are summarily dismissed.

My latest @opinion.bloomberg.com (🎁 link):

Trade Flop Shows Europe Can’t Afford to Delay Reforms Negotiations exposed the European Union’s weakness. To gain leverage, the bloc must mobilize trillions of euros in investment.

Negotiations exposed the European Union’s weakness. To gain leverage, the bloc must mobilize trillions of euros in investment.

Read today’s editorial:

Bondi Has Been Failing Epstein’s Victims for Years She built her brand on protecting survivors. But when it came to Florida’s most notorious sex criminal, she looked the other way.

Pam Bondi had two chances to hold Jeffrey Epstein and his enablers accountable — first as Florida AG, then as Trump’s AG. She's failed both times. 🎁 link: www.bloomberg.com/opinion/arti...

Where’s the Trade Deal That Really Matters for Detroit? US auto will hope that the EU news signals an imminent reduction in levies on Canada and Mexico.

In 2011, Chrysler unveiled its "Imported From Detroit" commercial.
In 2025, Detroit awaits a trade deal.
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...

Where’s the Trade Deal That Really Matters for Detroit? US auto will hope that the EU news signals an imminent reduction in levies on Canada and Mexico.

So where is Detroit’s trade deal?
@opinion.bloomberg.com

www.bloomberg.com/opinion/arti...

Three Ways America’s World Order Could Collapse A military catastrophe, soaring federal debt and Trump’s unpredictability could give China and Russia what they crave.

A military catastrophe, soaring federal debt and Trump’s unpredictability could give China and Russia what they crave, says Hal Brands.

Read the feature ⬇️

Claudia Sheinbaum Is Having a Bummer Summer Problems are piling up for Mexico’s president, who is getting squeezed between Donald Trump and her party’s scandals.

Problems are piling up for Claudia Sheinbaum

my column for @opinion.bloomberg.com on the Mexican president's bummer summer
www.bloomberg.com/opinion/arti...

America’s Investors Need to Speak Up for the Fed Interest-rate policy can and should be questioned. But the case for a politically independent central bank is open and shut.

Interest-rate policy can and should be questioned. But the case for a politically independent central bank is open and shut.

Read today's editorial:

Friends or foes? Welcome to the great American tradition of presidents hating on the Fed: bit.ly/4kSurV9

Strategy Does a Stretch Also Tesla and xAI, alpha capture and an NFT treasury company.

Readers are welcome to put forward any newsletter proposals that they’d like. www.bloomberg.com/opinion/news...

Republicans Missed a Shot at Serious Medicaid Reform Recently passed legislation does little to address the program’s core flaws.

The good news? A long-overdue conversation on Medicaid reform is happening. The bad news? The latest attempt to do it won't work.

Read today’s editorial:

A chart of the four biggest "frontier" technologies in 2023 and 2033, from UN Trade and Development. "AI Could Rule the Tech Frontier" "The UN projects artificial intelligence will soon be the world's biggest emerging technology, with more than a quarter of the frontier-tech market. In 2023, the top 4 of the $2.5 trillion market were AI at 7.4%, Internet of Things at 36.4%, EVs at 15.3% and Solar photovoltaic at 6.5%. "Other" made up 34.4% In 2033, UNTD expects the top 4 of a $16.4 trillion market will be AI at 29.1%, Internet of things at 19.1%, Blockchain at 14.3% and EVs at 8.5%, with "Other" at 29% Market size data capture the revenue generated by the sales of products & services. The graphs show the top 4 technologies by market share. The remaining 13 are grouped under "Other."

Willy Sutton apocryphally said he robbed banks because that's where the money was. If we're looking for polluting industries to help pay for climate damages, AI is where the money is

Gift link to my @opinion.bloomberg.com column:

www.bloomberg.com/opinion/arti...

Is There Famine in Gaza? Let’s Not Wait to Find Out. Enough is clear to know that a ceasefire should be the only priority.

Instead of debating whether there is a famine yet in Gaza, stop the war and there won't be one. My column for @opinion.bloomberg.com

shorturl.at/XMfzI