United StatesOwnership & classification
Founded: 1990
Ownership
Bloomberg News was launched in 1990 by Michael Bloomberg and Matthew Winkler as the editorial arm of Bloomberg L.P., the financial-data and media company Michael Bloomberg co-founded in 1981. Bloomberg L.P. is privately held and majority-owned by Michael Bloomberg (reported at roughly 88%), with the remainder held by co-founders such as Thomas Secunda, Duncan MacMillan and Charles Zegar; Merrill Lynch's early minority stake was bought back in 2008.
Funding
Bloomberg News is funded by the parent company's core business — primarily the lucrative Bloomberg Terminal subscriptions used by financial professionals — supplemented by media advertising, subscriptions and events; it does not rely on state or party money.
Affiliation & stance
Bloomberg is privately owned and commercially financed, with no party or government control, though its proprietor Michael Bloomberg is a prominent political figure (former NYC mayor and presidential candidate), which has occasionally raised editorial-conflict questions. Private commercial ownership makes it INDEPENDENT; the site's INDEPENDENT/CENTER classification is reasonable.
Editorial lean
- Our estimate
- Center
- Measured from coverage
- Centerbased on 741
75/100
Factual
72/100
Objective
826
Articles
826
reports
Top stories
Most covered right now
Israel and Lebanon sign framework agreement
Team Trump squares up to rip Red and Blue critics of Iran peace deal
Trump Claimed to Run Venezuela. After Earthquakes, He’s Walking That Back.
FTC gives Musk the OK to acquire SpaceX alumni startup Mesh
'The View' co-host Joy Behar says Americans 'should all be' embarrassed by U.S.
Trump taps former Oklahoma state trooper Lance Schroyer to head ICE
Lead Iran negotiator tells allies Tehran will go to war again if U.S. does not fulfill commitments
Ten years after Brexit, the U.K. marks a lost decade
Key measure of inflation climbed in May as surging oil prices pushed costs higher
Recent coverage
Big Tech is all in on AI. Now all they need is customers.
This article discusses growing investor concerns about the sustainability of Big Tech's massive investments in artificial intelligence. The Nasdaq Composite Index has dropped nearly 5% as Wall Street questions whether the trillions of dollars spent on AI infrastructure will yield sufficient returns. Goldman Sachs estimates tech companies will invest $7.6 trillion through 2031 to build new data centers, but recent data suggests limited consumer and business willingness to pay for AI services. Experts like Kate Brennan from AI Now highlight skepticism about AI's promised benefits, noting that while usage is increasing, public perception remains largely negative, with 40% of Americans believing AI will harm society over the next two decades. Additionally, companies are laying off workers while investing in AI, raising concerns about job impacts. A Gartner study warns that replacing human workers with AI often fails to deliver expected returns.
Three things to watch amid Anthropic’s latest feud with the government
Anthropic, an AI company based in the United States, developed an advanced AI model called Mythos, which demonstrated exceptional capabilities in handling code. Concerned about potential cybersecurity risks, Anthropic shared limited access with cybersecurity experts before releasing a modified version called Fable to the public. However, the U.S. government quickly intervened, citing national security concerns and imposing export restrictions on Fable. Anthropic subsequently revoked access to both models. This incident has sparked discussions about the broader implications of AI regulation, with some arguing that the government's response was overly reactive rather than well-planned. Additionally, the event has raised questions about the reliability of American AI companies, prompting European leaders to consider accelerating their own AI development efforts. Meanwhile, open-source AI models from China have gained attention due to their affordability and accessibility, potentially influencing global AI strategies.
Irish Corporation Tax Receipts Rise Despite Reshoring Fears
Irish corporation tax receipts increased by nearly 5% in the first half of 2026, reaching €14.7 billion, according to recent data. This growth occurred amid concerns that U.S. companies might reshore their profits as part of former President Donald Trump's campaign promise to bring back American corporate earnings. The rise in tax revenue highlights the continued importance of Ireland as a global corporate tax haven, despite ongoing discussions about potential changes in U.S. tax policies.
Russia Surging Warplane Flights Near NATO Territory
The article reports that Russia has significantly increased flights of nuclear-capable bombers and fighter jets near NATO territory, particularly in the Arctic region. Between January 1 and July 3, 2026, NATO fighter jets were scrambled 62 times in response to these flights, marking a sharp increase compared to previous years. Norway, which shares a border with Russia and hosts strategic Russian military assets, noted that this level of activity exceeds any recorded in the past five years. The heightened activity is attributed to fears in Moscow that Ukraine’s long-range drone attacks could threaten Russian military installations in the Arctic, including those housing nuclear submarines critical to Russia’s second-strike capability. Ukraine has intensified its drone campaigns against Russian infrastructure, leading to retaliatory strikes by Russia. NATO officials emphasize that such flights are viewed as an intimidation tactic, especially in light of growing Chinese influence in the Arctic.
Armenia Passes Bill to Restrict Citizens Abroad From Voting
On July 3, 2026, Armenia’s National Assembly passed amendments to its electoral laws that restrict the voting rights of most citizens living abroad in national elections. The new rules require voters to reside in the country for at least 12 months within the two years before an election. The legislation also introduces stricter penalties for electoral fraud and voter roll manipulation. These changes came shortly after a disputed parliamentary vote raised concerns and led to legal challenges.
Born in the U.S.A.: Protecting the right of birthright citizenship
The article discusses the legal concept of birthright citizenship in the United States, as outlined in the 14th Amendment to the Constitution. It states that anyone born in the U.S., except for children of diplomats or invading forces, is automatically a citizen. Professor Amanda Frost explains that the wording of the amendment leaves little room for interpretation. However, public opinion remains split, with roughly half of Americans supporting granting citizenship to children of undocumented immigrants and the other half opposing it. In January 2025, former President Donald Trump issued an executive order attempting to reinterpret the 14th Amendment to exclude most children of undocumented immigrants from automatic citizenship, but this was blocked by a lower court and is currently under review by the Supreme Court. The article references historical cases such as Dred Scott v. Sandford, where the Supreme Court ruled that Black individuals could not be citizens, leading to the creation of the 14th Amendment. Another landmark case, Wong Kim Ark v. United States, affirmed birthright citizenship for those born in the U.S., including children of immigrants.
Putin recognizes the oil map for the first time
Russian President Vladimir Putin acknowledged for the first time that Russia is building 'some oil reserves' during a meeting focused on energy issues. He emphasized the need to strengthen domestic oil production and increase output. Meanwhile, Ukrainian forces continued their attacks on Russian energy infrastructure, detonating an oil purification plant in the southern Krasnodar region, which produces around four million tons of crude oil annually. The Krasnodar region is one of Russia's largest oil-producing areas located near the Black Sea. On Tuesday, Ukrainian forces launched large-scale air strikes on Sevastopol, the largest city on Crimea, including attacks on oil facilities. In response, Russia, which annexed Crimea in 2014, has restricted fuel sales to the public to counteract the energy shortages. According to reports, these attacks have had no impact on the front line. During an interview with a Russian state television station, Putin described the Ukrainian attacks on Russian oil infrastructure as an attempt to destabilize Russian society. He stated that Ukraine's goal was to halt the deployment of Russian military units to improve their position in arms control talks.
UK Pauses Controversial Legislation Before Burnham Takes Over
On July 3, 2026, the UK paused controversial legislative proposals that aimed to abolish jury trials except for the most serious crimes and overhauling the domestic energy sector. These plans, which included court reforms and measures to enhance energy security through increased access to renewable power, were not presented to Parliament as originally scheduled. The delay comes as Prime Minister Keir Starmer prepares to step down, leading to a slowdown in governmental and parliamentary activities.
EU Will Weigh Irish Probe in Russian Alumina Sanctions Decision
The European Union is delaying a decision on whether to include alumina—a raw material used in aluminum production—in trade sanctions against Russia. This delay is due to an ongoing Irish investigation into Ireland's alumina exports to Russia. The outcome of this probe could influence the EU's final stance on sanctioning alumina, which is a significant component in Russia's industrial sector. The EU is carefully considering the implications of such sanctions, particularly regarding potential economic impacts on member states involved in exporting alumina. The situation highlights the complex interplay between international sanctions and national economic interests within the EU.
Bolsonaro Adviser Says Fiscal Bill to Be Focus
On July 3, 2026, Daniella Marques, an adviser to Brazilian right-wing presidential candidate Flávio Bolsonaro, outlined the economic priorities of a potential Bolsonaro government. She emphasized a focus on fiscal control and debt management as part of a broader economic strategy aimed at restoring investor confidence and adjusting interest rates. The plan includes three pillars: fiscal discipline, microeconomic reforms to boost productivity and competitiveness, and initiatives to promote social mobility. Marques also mentioned plans to engage with financial markets and highlighted the possibility of negotiating trade terms with U.S. President Donald Trump post-election. She clarified that she has not been invited to join a potential Bolsonaro administration.
The law that could help Congress kill Trump's Iran deal
The potential Memorandum of Understanding (MoU) between the Trump administration and Iran has sparked interest among lawmakers from both major U.S. political parties, who are considering using the Iran Nuclear Agreement Review Act (INARA) to scrutinize the deal. This law, enacted during the Obama administration, allows Congress to review any nuclear agreements involving Iran and imposes a 30-day delay before sanctions can be waived. While some Republican senators, like Lindsey Graham and James Lankford, advocate for Congressional involvement in reviewing such an agreement, others express hesitation due to complex political dynamics. Democratic Senator Brian Schatz supports the idea of Congressional oversight, aligning with broader efforts to ensure transparency and accountability. However, the extent to which Congress will influence the final agreement remains uncertain, as the White House might attempt to bypass these procedures.
Turkey Arrests Comedian for Insulting Erdogan, Religion
On July 3, 2026, Turkish authorities arrested comedian Deniz Goktas, 32, at Istanbul Airport. He was charged with insulting President Recep Tayyip Erdogan and inciting hatred through jokes about religion. The prosecutor formally charged him on Friday, according to state-run Anadolu Agency. This incident highlights ongoing tensions around freedom of speech and religious sensitivity in Turkey.
UK Irks EU With Request to Participate in Bloc’s Meetings
The UK has proposed participating in certain European Union meetings as part of efforts to improve relations after Brexit, but this request has met resistance from EU members. The proposal reflects ongoing discussions between the UK and the EU to redefine their partnership following the UK's departure from the bloc. While the UK seeks greater involvement in EU decision-making processes, EU countries have expressed concerns over the implications of such participation. This development highlights the complexities involved in re-establishing cooperation between the UK and the EU.
Overlooked
Under-reported & one-sided
AOC jumps into Michigan Senate fight, backing El-Sayed over party establishment
Ukraine's drones take the war to Russia
Trump says he "would rather not have" his North American trade deal
Trump administration paying another company to give up wind leases, invest in gas and geothermal
