(Bloomberg) -- Elon Musk’s aggressive push to cancel federal leases is pressuring some municipal bonds backed by payments from the US government.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayHow to Build a Neurodiverse CitySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterThe White House has urged the General Services Administration, the government’s real estate manage
Top Stock Movers Now: Airbnb, DraftKings, DaVita, and More
Major U.S. equity indexes were mixed and little changed at midday Friday after a report showed a larger-than-expected decline in U.S. retail sales.
El Salvador Dispatch: The Origins of the Bitcoin Experiment
El Zonte inspired Bukele to make bitcoin legal tender in El Salvador. CoinDesk visited the surfing village to see how it’s developing.
Why China's tech market is back in business
The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.
Chevron layoffs come as energy giant unlocks more crude with far fewer rigs in the heart of the U.S. oil patch
“So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.”
Bitcoin miners could fix California’s blackout problem — top mining exec
Bitcoin mining isn’t just an energy drain — it could actually help prevent blackouts, says Bitdeer’s Jeff LaBerge.
Bitcoin Looks to Break Long Streak of Weekend Skids
The world's largest crypto has declined for five consecutive weekends, noted Standard Charterd's Geoff Kendrick.
DraftKings Stock Soars on Strong Earnings, Outlook
DraftKings shares soared Friday after the online sports betting platform topped profit estimates and boosted its revenue outlook as it added customers and benefited from its purchase of rival Jackpocket.
Intel Stock Drops at the End of a Rip-Roaring Week
Intel early Friday was on track to notch its best weeklong stretch in nearly 40 years before the rally sputtered.
Crypto Exchange Bybit Is No Longer Operating Illegally in France
After more than two years of working with the French regulator, Bybit has come off France AMF's blacklist, the CEO of the exchange said.