The fast-paced program is the quintessential market close show leading up to the final minutes and seconds before the closing bell on Wall Street with the latest news, data and expert analysis.

Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".

The Two Wall Street Liberals Behind ESG's $35 Trillion Explosion

Mexico Delivers Record Rate Hike, Says More Increases Coming

Recession Fears Plunge Canadian Banks Into 20% Drop From Record

TikTok Turns On the Money Machine

Instagram to Test AI on Faces to Verify Users Are Over 18

Netflix Fires Another 300 Employees in Latest Round of Cuts

Ukraine Wins Crucial Nod on Long Path to EU Membership

Investigators Raid Home of DOJ Official Who Backed Trump

US Forgives $6 Billion in Student Loan Debt for Borrowers Who Attended For-Profit Colleges

Canada Needs 3.5 Million Additional Homes, Government Study Says

Pink Floyd Is Seeking $500 Million for Music Catalog Including ‘The Wall’

Rick Astley Revisits His Career-making Song With 'Gratitude'

The Latest Currency War May Just Be a Skirmish

Supreme Court Just Made New York’s Streets Meaner

If You’re Too Old for an Internship, Try a Returnship Instead

Wall Street Gets Ready to Rumble Over Stock-Trading Rules

The Age of Credibility for Central Banks Is Over

Covid-19 Accelerated Child Marriage in India. She’s Trying to Fight It

New York-Area Library Bans Kids’ LGBTQ Displays a Week Before City’s Pride March

Number of Top Female Executives Flatlines at UK Financial Firms

Water Receding Slowly in Flood-hit Northeast Bangladesh

US Says Debt Guarantees May Be Part of South Africa Climate Pact

Germany’s Beleaguered Rail Network Is Overdue for an Overhaul

Supreme Court’s Gun Ruling Rattles New York Following Spike in Shootings

A Regional Rail Plan Aims to Reinvent New York’s Commuter Trains

Distressed Crypto Broker Voyager Sets Limits on Withdrawals

MicroStrategy Bulls Unfazed by Double Dose of Pain

TerraUSD and the Nats: A Cautionary Tale in Crypto Sponsorship

China’s hands-off approach to the technology sector minted billionaires and giant companies at a breathtaking pace. Now President Xi Jinping’s government is reining in the country’s most powerful corporations, including Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Didi Global Inc., along with their ultra-rich founders. The scrutiny is one of the largest concerted actions against private enterprise in decades, wiping out $1.5 trillion in market value last year -- and new blows keep coming. 

Maintaining social stability is a signature goal of Xi and the ruling Chinese Communist Party, so any company or person it perceives as threatening can find themselves in the cross-hairs. Such a sweeping definition could include just about any large business. Alibaba has been targeted by antitrust authorities for alleged monopolistic conduct in e-commerce, while Meituan is being scrutinized for food delivery. Didi’s position as the biggest ride-hailer in China, and the massive amounts of data that generates, caught the attention of the Cyberspace Administration, China’s internet watchdog, while the Ministry of Education went after tutoring firms that profit from the intense competition to get into the country’s top universities. The speed of change has been dizzying: Rules issued in 2021 to curb monopolistic practices were drafted and finalized in just three months.