Amy Morris

News when you want it with Bloomberg News Now, I'm Amy Morris.

UK police have arrested former British ambassador to the US, Peter Mandelson, on suspicion of misconduct in public office.

This comes after the Department of Justice released emails that allegedly show him forwarding government information to Jeffrey Epstein.

Police also searched two properties linked to Mandelson as part of their criminal probe.

His arrest deepens the crisis that engulfs Prime Minister Keir Starmer over his decision to appoint Mandelson as U.S.

envoy, despite his known links to Epstein.

Mandelson has not been charged and his lawyer has declined to comment.

A powerful winter storm has buried New York City in one of its 10 snowiest days on record.

Mayor Zoran Mamdani.

Bloomberg meteorologist Rob Carolin says this is a classic nor'easter.

Bloomberg meteorologist Rob Carolin.

The Supreme Court's decision to toss President Trump's reciprocal tariffs is creating more confusion with global trade deals.

Chairman of the House Ways and Means Committee Jason Smith tells Bloomberg Americans should not expect any tariff refunds.

And now the European Union is poised to freeze the ratification process of its agreement with Washington.

Bloomberg Intelligence Senior Analyst Nathan Dean.

But lingering tariff uncertainty is affecting risk appetites.

We do check markets for you all day long here at Bloomberg.

The S&P 500 is down 1.25%.

NASDAQ down 1.4%.

The Dow down 1.7%.