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India’s Extreme Heat Crisis Is Killing Citizens and Testing Cities’ Livability — Kanishka Sonthalia/Bloomberg

India’s Extreme Heat Crisis Is Killing Citizens and Testing Cities’ Livability

By Rajesh Kumar Singh, Swati Gupta and Clara Ferreira Marques

Staff Cuts and Turmoil Hit the CFTC While the Crypto It Oversees Booms — Igor Bastidas for Bloomberg Businessweek

Staff Cuts and Turmoil Hit the CFTC While the Crypto It Oversees Booms

The Commodity Futures Trading Commission is poised to take on vast new responsibilities. Staff describe chaos, cutbacks and an atmosphere of resentment and paranoia.

Inside Gap’s Last-Ditch, Tariff-Addled Turnaround Push — Pablo Delcan for Bloomberg Businessweek

Inside Gap’s Last-Ditch, Tariff-Addled Turnaround Push

The iconic ’90s retailer was on the precipice of death for years. Richard Dickson finally had momentum for a comeback—then came Trump.

J.Crew Survived Bankruptcy. Next Up: Cultural Relevance? — Winnie Au for Bloomberg Businessweek

J.Crew Survived Bankruptcy. Next Up: Cultural Relevance?

CEO Libby Wadle, who took the helm in 2020, says the company is “back in the conversation”—and not readying itself for a sale.

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Federal Reserve Jackson Hole Economic Symposium — David Paul Morris/Bloomberg

The Case for a Fed Rate Cut Isn’t as Clear as the Mountain Air

Markets will be watching Powell’s speech Friday for clues. Plus: Volkswagen recovers 10 years after Dieselgate.

Trump’s Made-for-TV Police Takeover Doesn’t Help DC Crime

How to Solve the Global Housing Puzzle

Women’s Earnings Never Really Recover After They Have Children

Women’s Earnings Never Really Recover After They Have Children

The time crunch many women experience in their 30s has economic reverberations throughout their lives.

Pursuits

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How Robert De Niro Is Building a Barbuda Paradise From the Sand Up

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With House of Guinness, Netflix Appeals to Our Succession Obsession

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Bumble Founder Biopic Swiped Restores Glory to the Girlboss

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Loewe’s Latest Puzzle Tote Is a Collector’s Item That Holds a Laptop

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Your Fall Global Culture Calendar: The Best Theater, Art, TV, Film, Dance and Books

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ICYMI: Webtoon's Growing Reach

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The Global Housing Crunch

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Americans Are Getting Priced Out of Homeownership

Dubai’s Housing Boom Is Stoking Fears of Another Crash

Dubai’s Housing Boom Is Stoking Fears of Another Crash

Living With 12 Strangers to Ease a Housing Crunch

Living With 12 Strangers to Ease a Housing Crunch

Why It’s Actually a Good Time to Buy a House, According to a Zillow Economist

Why It’s Actually a Good Time to Buy a House, According to a Zillow Economist

In Musk's Silicon Valley, Drugs Were Common

What Did Musk Accomplish With ‘DOGE’?

Elon Gets $30 Billion to Stick Around

Elon Strikes a Chip Deal, Dreams of Robots

Artificial Dyes Are Disappearing Inside the Welch’s Fruit Snacks Factory

Artificial Dyes Are Disappearing Inside the Welch’s Fruit Snacks Factory

A painstaking initiative to eliminate synthetic food dyes from the lunch box staple pays off at just the right time.

Going Viral

The story behind the hit

Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate — Ryan Haskins for Bloomberg Businessweek; Photos: Getty

Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate

Demand for the Instagram-friendly nuts have driven up margins for farmers, who are preparing for a bumper crop this fall.

Chinese Makeup Brands Are Winning Over Global Consumers

Millions of Americans Are Obsessed With This Japanese Barbecue Sauce

Ones to Watch

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Get to know the musicians, dealmakers, podcasters and directors who are shaping the future of the industry.

A Walk With

Getting to know the most interesting people in business

J.Crew Survived Bankruptcy. Next Up: Cultural Relevance? — Winnie Au for Bloomberg Businessweek

J.Crew Survived Bankruptcy. Next Up: Cultural Relevance?

CEO Libby Wadle, who took the helm in 2020, says the company is “back in the conversation”—and not readying itself for a sale.

The Pizza Oven Startup With a Plan to Own Every Piece of the Pie

My Test-Drive in a Waabi Driverless Big Rig

Buying Power

Amanda Mull on consumer culture

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results — Bobby Doherty for Bloomberg Businessweek

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results

Trends always have an element of randomness, but our algorithmic feeds have made them unintelligible.

Extra Salt

Deena Shanker on the food business

Taco Bell’s Not-So-Secret Sauce: An Endless Stream of New Stuff — Photo illustration: Rui Pu for Bloomberg Businessweek; Images: Shutterstock (17)

Taco Bell’s Not-So-Secret Sauce: An Endless Stream of New Stuff

The (sort-of) Mexican chain is introducing twice as many dishes this year as last, which keeps customers coming back.

Cage-Free Eggs Are Booming in the US, Despite Cost and Trump’s Efforts

SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too

B-Schools

A crash course on the best business schools

Government Steps Up Campaign Against Business School Diversity — Oscar Bolton Green; Photo: Getty Images

Government Steps Up Campaign Against Business School Diversity

The Trump administration has set its sights on the PhD Project, which points underrepresented students toward business doctorates.

Lenders Find a Fast-Growing Market in Foreign Grad Students

African Students Are Flocking to US MBA Programs

Field Day

Ira Boudway and Randall Williams on the business of sports

Leagues Are Struggling to Deal With a Certain Type of Sports Bet — Alex Gamsu Jenkins for Bloomberg Businessweek

Leagues Are Struggling to Deal With a Certain Type of Sports Bet

“Player prop” wagers are raising concerns about integrity.

Ones to Watch

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Bloomberg Screentime: The 12 Entertainers and Executives Shaping the Arts and Culture

Get to know the musicians, dealmakers, podcasters and directors who are shaping the future of the industry.

Buying Power

Amanda Mull on consumer culture

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results — Bobby Doherty for Bloomberg Businessweek

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results

Trends always have an element of randomness, but our algorithmic feeds have made them unintelligible.

Field Day

Ira Boudway and Randall Williams on the business of sports

Leagues Are Struggling to Deal With a Certain Type of Sports Bet — Alex Gamsu Jenkins for Bloomberg Businessweek

Leagues Are Struggling to Deal With a Certain Type of Sports Bet

“Player prop” wagers are raising concerns about integrity.

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Taco Bell’s Not-So-Secret Sauce: An Endless Stream of New Stuff

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In Musk’s Silicon Valley, Drug Use Was Par for the Course

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Why do we love these messy family dramas so much?

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