Ed Ludlow

Welcome back to Bloomberg Tech.

Some breaking news crossing the Bloomberg terminal.

PayPal is receiving takeover interest from different parties, according to Bloomberg sources.

The payments company has fielded meetings with some of its banks.

amid unsolicited interest.

In one case, a large rival is looking at buying the whole of PayPal.

In other cases, according to the Bloomberg reporting, different parties are interested in certain PayPal assets.

This is a stock that's down 30% year to date.

It's down almost 50% over the last 12 months.

And part of the reporting is that the pressure on that stock and the downward trajectory is what is leading to an environment where that takeover interest is in place.

PayPal declined to comment on Bloomberg's reporting.

Involving one.

Now, let's return to our top story today, Ed.

Trade uncertainty.

That's as President Trump reshapes his global tariff policy, signaling a potential 15% rate.

Now, that debate is front and center in Washington when the National Association of Business Economics is a gathering of leading economists.

is underway.

And where the Supreme Court's ruling on Trump's tariff authority is probably a key focus.

Bloomberg International Economics and Policy Editor Michael McKee joins us now.

And look, the theme of the gathering is actually the great realignment, navigating AI, demographic, and geoeconomic shifts.