Romaine Bostick breaks down the day’s top stories and trading action leading into the close.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more.
Tax Season Begins Jan. 23 With the IRS Promising Improvements
Chickens Starve at California Farm as Corn Shipments Run Late
Fed’s Barkin Says Appropriate to Raise Rates ‘More Deliberately’
Mass Teacher Exodus Weighs Down State, Local Jobs Recovery
Fed’s Bullard Favors Getting Rates Above 5% ‘as Soon as Possible’
Bed Bath & Beyond Triples as Retail Traders Fuel Latest Burst
Indianapolis Gets Serious About Car Crash Investigations
Notorious Ransomware Gang Accused of Attack on UK’s Royal Mail
Bosch Doubles Down on China With $1 Billion EV Parts Plant
Fragile Megacap Tech Stocks Face CPI Test After New Year Rally
Proud Boys Vowed ‘Any Means Necessary’ to Keep Trump in Power, Jury Told
NJ Residents to Get ‘Significant’ New Tax Cuts, Murphy Says
Perez’s Related to Join Group Developing Florida Yacht Show Site
Citadel’s Griffin Tells NYC Mayor That Crime Is No. 1 Priority
‘Fabelmans,’ ‘Top Gun’ Get Boost With Producers’ Group Nods
Bears Hire Big Ten Commissioner Warren as Team President
JPMorgan Says Frank Was Fraud
CPI Checks Most of Powell’s Boxes. Now What?
Obesity Drugs for Kids? Why New Guidelines Make Sense
Climate Data Startups Take Science Off Campus and Into Boardrooms
Housing Pain to Continue Until Economy Slows and Prices Fall
Young Bankers Who Got Used to Smooth Sailing Prepare for a Storm
Powerful India Hindu Group Hints at Support for LGBTQ Couples
Human Rights Watch Says Tories Are Stripping Away Fundamental Rights
Crashing Davos in an Arctic Tent
EU to Fight Rogue Climate Claims in Greenwashing Push
Indianapolis Gets Serious About Car Crash Investigations
NYC Mayor Goes Up Against  Other City Leaders in Fight Over Spending Cuts
Mapping the Death of NYC’s Cheap Slice
Bitcoin Mining in 2023: No Rest for the Weary (Podcast)
FTX Debacle Impels UAE to Assess Its Crypto Ambitions (Podcast)
How Did Binance Come to Dominate Crypto? (Podcast)
An African National Congress party local election campaign poster featuring South African President Cyril Ramaphosa.

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On the face of it, South Africa’s local-government election result is bad news for Cyril Ramaphosa’s political future.