Monica Ricks
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The president didn't give many details, but wrote on social media, the American public will no longer be ripped off by credit card companies that are charging interest rates of 20 to 30% or even more.
It's not clear whether companies will respond or what actions Trump could take to force change.
A judge has ruled the Trump administration cannot stop child care subsidies.
Here's Bloomberg's Ed Kalecki.
Elon Musk has accused the British government of being fascist after it stepped up threats to block X over sexualized images of women and children produced by his artificial intelligence tool, Grok.
Musk made the comment in response to a chart showing the UK had the highest arrest for social media comments in the world and referred to the country as a prison island.
Grok turned off its image editing function for most users in the US this week over similar backlash.
You can only use the function now if you're a paid subscriber
Flu levels are still surging and breaking records nationwide.
In fact, the CDC says this year's flu season is the worst in the past decade.
There have been at least 15 million cases, 180,000 hospitalizations, and 7,400 deaths so far.
Health officials are blaming a new variant of influenza for making symptoms more severe this season and stress it's not too late to get a flu shot.
The Washington National Opera is leaving the Kennedy Center after more than 50 years.
A rep for the arts venue says the decision was based on budget challenges, but this marks the latest high-profile departure following President Trump's takeover.
And that's news when you want it with Bloomberg News Now.
I'm Monica Ricks and this is Bloomberg.
Today's show is brought to you by Vanguard.
To all the financial advisors listening, let's talk bonds for a minute.
Capturing value and fixed income is not easy.
Bond markets are massive, murky, and let's be real, lots of firms throw a couple flashy funds your way and call it a day.