Bloomberg Businessweek - Bloomberg

8 min read Original article ↗

Prediction Markets Are Minting a New Type of Insider Trader

By Denitsa Tsekova and Leonardo Nicoletti

Van Leeuwen’s Path From a Single Ice Cream Truck to a Dessert Giant — Dolly Faibyshev for Bloomberg Businessweek

Van Leeuwen’s Path From a Single Ice Cream Truck to a Dessert Giant

The CEO of the company swears by premium ingredients, no weird additives and ignoring the latest food fads.

For Software Engineers, the AI Reckoning Is Already Here

Artificial intelligence has changed computer programming more than it has any other profession, and coders are transforming right along with it.

The Identity Crisis at Elon Musk’s Chaotic AI Outfit

Billionaires’ T. Rex Obsession Has Turned Fossils Into Red-Hot Drama — Maxime Moysset for Bloomberg Businessweek

The Big Take

Billionaires’ T. Rex Obsession Has Turned Fossils Into Red-Hot Drama

As the battle for dinosaur bones heightens, paleontologists, collectors and auction houses navigate a Wild West market.

DIMSUM_CMS_DO_NOT_USE_Untitled

Why Everything Today Feels Like a Grift

The feeling arises with robocalls and suspicious emails, too-good-to-be-true marketing claims and grotesquely inflated prices: We’re being scammed.

Pursuits

Jeanne Lanvin SAS Luxury Fashion Store As Fosun International Ltd. Acquires Majority Stake

Chanel Taps Pernod Ricard Executive De Tissot for CFO Role

PURSUITS_WEB_split travel

The New Luxury Vacation Has Two Speeds

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Bump, Set, Boom: Why Girls Volleyball Is Suddenly Everywhere

Eight Bosses on Their Biggest Money Regret

Eight Bosses on Their Biggest Money Regret

Luke Skywalker's lightsaber and severed hand from The Empire Strikes Back to sell for $1m

Luke Skywalker’s Empire Strikes Back Lightsaber With Severed Hand Attached Auctioned for $3.75M

PURSUITS_WEB_Picks

The Best Movies, TV, Books, Art and Theater Arriving in August

Radio

US-Iran Strikes Continue

40:34

The Golden Age of Grift

A Very Modern Guide to Avoiding AI-Supercharged Scams

A Very Modern Guide to Avoiding AI-Supercharged Scams

How Trump Became ‘Grifter-in-Chief’: Let Us Count the Ways

How Trump Became ‘Grifter-in-Chief’: Let Us Count the Ways

Job Hunters Are Using AI to Cheat in Interviews, and Failing at the Office

Job Hunters Are Using AI to Cheat in Interviews, and Failing at the Office

A Famous Author Offered to Help My Career. Or Did She?

A Famous Author Offered to Help My Career. Or Did She?

Everybody's Business

How to Profit off a Presidency

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Everybody's Business

404, Fun Not Found

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Everybody's Business

Dan Carlin on America at 250

Listen: 17:36

Everybody's Business

USA, the 250 Year Old Startup

Listen: 34:18

At 17, She Sued Meta and Google, and Won. Now She’s Ready to Tell Her Story — Chloe Aftel for Bloomberg Businessweek

At 17, She Sued Meta and Google, and Won. Now She’s Ready to Tell Her Story

Kaley Glenn-Mills’ lawsuit reshaped the fight to protect children from social media. She says she still can’t stop scrolling.

Going Viral

The story behind the hit

‘Ziplink Is Now Froggle’: The Story Behind the Fake AI Ads That Went Viral — Lanna Apisukh for Bloomberg Businessweek

‘Ziplink Is Now Froggle’: The Story Behind the Fake AI Ads That Went Viral

The surge in tech campaigns on public transit is spurring satirists from New York to London to create their own versions.

The Wall Street Women Who Traded Finance Careers for Influencer Success

Hacky Sacks Are Cool Again and Somehow Cost $23

Extra Salt

Deena Shanker on the food business

A $10 Jar of Tomato Sauce Is Reason to Celebrate — Getty Images

A $10 Jar of Tomato Sauce Is Reason to Celebrate

Grocery shoppers have more options than ever in the choice between quality and cost.

The Latest Snack Innovations Are Basically Just Creamsicles and Chex Mix — Rui Pu for Bloomberg Businessweek

The Latest Snack Innovations Are Basically Just Creamsicles and Chex Mix

Companies are pushing creamsicle flavored drinks, s’mores cookies and sauce flavored chips.

A Safeway Grocery Store Ahead Of Alberston's Earnings Figures — Ash Ponders/Bloomberg

Grocery Shoppers Are In For a Summer of Pain

The Iran war’s effects will keep rippling through the supply chain, even if it ends.

Outrage Over Pesticides Is Alienating Some Trump Voters — Tasos Katopodis/Getty Images

Outrage Over Pesticides Is Alienating Some Trump Voters

Food Babe and her MAHA followers rally in Washington to call out White House support of the Roundup maker.

A Walk With

Getting to know the most interesting people in business

How Medicube’s Founder Pivoted From Lackluster Apps to a Skincare Empire — Jessica Pons for Bloomberg Businessweek

How Medicube’s Founder Pivoted From Lackluster Apps to a Skincare Empire

APR CEO Kim Byung-hoon created the third-largest pure-play beauty company in the world. Now, he wants customers to tap AI for a more personalized skincare routine.

Vuori CEO’s First Two Startups Failed. This One Became a $5.5 Billion Brand

Why Guinness Keeps Growing While Beer Sales Worldwide Fizz Out

World Stage

Wes Kosova on global politics

What a Europe-Led NATO Would Look Like — Caroline Heinecke for Bloomberg Businessweek

What a Europe-Led NATO Would Look Like

US allies no longer believe they can count on Washington to stand with them against Russia. They’re now urgently debating what it would take to go it alone.

China Steps Up Foreign Aid in Countries Hit by Trump Cuts — Max Sloboda for Bloomberg Businessweek

China Steps Up Foreign Aid in Countries Hit by Trump Cuts

Billions in aid gave the US influence around the world. Now, China is testing if it can reap that goodwill at a fraction of the price.

At China Summit, Trump Has CEOs, But Xi Has Leverage — Photo illustration: 731; photos: Getty Images

At China Summit, Trump Has CEOs, But Xi Has Leverage

The Iran war pulls US attention away from the key agenda of trade, tech and Taiwan.

Trump Is Losing the Voters He Needs Most — Bre Furlong for Bloomberg Businessweek

Trump Is Losing the Voters He Needs Most

Millions of Hispanic, Black and young Americans who bought into Trump’s promises of prosperity are disappointed.

‘Not Our War’: NATO Learns to Tell Trump No — 731; Photos: AP Photo, Getty Images (2)

‘Not Our War’: NATO Learns to Tell Trump No

Allies showed some spine in resisting demands to jump into the Iran conflict.

Buying Power

Amanda Mull on consumer culture

QVC Lost the Home Shoppers to Social Media Influencers — Kristoffer Tripplaar/Alamy

QVC Lost the Home Shoppers to Social Media Influencers

The cable-TV seller faces bankruptcy as TikTok Shop and other video platforms take over.

Quince’s Best-Kept Secret Isn’t Its Cheap Cashmere and Couches

We’re All Just ‘Monitoring the Situation’

B-Schools

The business of business education

Which Companies Actually Use AI? A New Index Has Answers

Which Companies Actually Use AI? A New Index Has Answers

A ranking created by a lecturer at MIT Sloan measures real adoption.

Employers Want AI-Enabled B-School Grads. But Do They Know What That Means?

Students in Racially Diverse MBA and Law Classes Earn Higher Starting Salaries

Field Day

Ira Boudway and Randall Williams on the business of sports

The NBA Draft Is Bad for Business — Alex Gamsu Jenkins for Bloomberg Businessweek

The NBA Draft Is Bad for Business

Too many teams lost too many games in pursuit of potentially transformative players.

Extra Salt

Deena Shanker on the food business

A $10 Jar of Tomato Sauce Is Reason to Celebrate — Getty Images

A $10 Jar of Tomato Sauce Is Reason to Celebrate

Grocery shoppers have more options than ever in the choice between quality and cost.

The Latest Snack Innovations Are Basically Just Creamsicles and Chex Mix — Rui Pu for Bloomberg Businessweek

The Latest Snack Innovations Are Basically Just Creamsicles and Chex Mix

Companies are pushing creamsicle flavored drinks, s’mores cookies and sauce flavored chips.

A Safeway Grocery Store Ahead Of Alberston's Earnings Figures — Ash Ponders/Bloomberg

Grocery Shoppers Are In For a Summer of Pain

The Iran war’s effects will keep rippling through the supply chain, even if it ends.

Outrage Over Pesticides Is Alienating Some Trump Voters — Tasos Katopodis/Getty Images

Outrage Over Pesticides Is Alienating Some Trump Voters

Food Babe and her MAHA followers rally in Washington to call out White House support of the Roundup maker.

World Stage

Wes Kosova on global politics

What a Europe-Led NATO Would Look Like — Caroline Heinecke for Bloomberg Businessweek

What a Europe-Led NATO Would Look Like

US allies no longer believe they can count on Washington to stand with them against Russia. They’re now urgently debating what it would take to go it alone.

China Steps Up Foreign Aid in Countries Hit by Trump Cuts — Max Sloboda for Bloomberg Businessweek

China Steps Up Foreign Aid in Countries Hit by Trump Cuts

Billions in aid gave the US influence around the world. Now, China is testing if it can reap that goodwill at a fraction of the price.

At China Summit, Trump Has CEOs, But Xi Has Leverage — Photo illustration: 731; photos: Getty Images

At China Summit, Trump Has CEOs, But Xi Has Leverage

The Iran war pulls US attention away from the key agenda of trade, tech and Taiwan.

Trump Is Losing the Voters He Needs Most — Bre Furlong for Bloomberg Businessweek

Trump Is Losing the Voters He Needs Most

Millions of Hispanic, Black and young Americans who bought into Trump’s promises of prosperity are disappointed.

‘Not Our War’: NATO Learns to Tell Trump No — 731; Photos: AP Photo, Getty Images (2)

‘Not Our War’: NATO Learns to Tell Trump No

Allies showed some spine in resisting demands to jump into the Iran conflict.

Field Day

Ira Boudway and Randall Williams on the business of sports

The NBA Draft Is Bad for Business — Alex Gamsu Jenkins for Bloomberg Businessweek

The NBA Draft Is Bad for Business

Too many teams lost too many games in pursuit of potentially transformative players.

The Archive

April 1, 2026

The Future of War Is Here

April 1, 2026

March 1, 2026

The Rise of Prediction Markets

March 1, 2026

February 1, 2026

Another Year of Donald Trump

February 1, 2026

January 1, 2026

Beware the Bubble: How to Survive the Year Ahead 2026

January 1, 2026

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