Bloomberg is a privately owned company founded in 1981 and headquartered in the United States. Its operations encompass financial data, software, and media, including broadcast television and radio. Employing approximately 2400 people, the company reported revenues of less than $10 million in 2020.
On September 19, 2024, James Bullard, a former St. Louis Fed president, stated he would not have supported a 50-basis-point rate cut at the Wednesday Federal Open Market Committee meeting. The Senate approved Stephen Miran as a Federal Reserve governor. Prior to the FOMC meeting on an unspecified date, the US dollar traded at weaker levels, causing USD/JPY to fall below 147.00. A separate report noted the Trump administration's immigration policies affected businesses, including education startups, which responded by expanding operations. Finally, on an unspecified date, a report indicated that Bill Gates' net worth placed him at number 14 on the 2025 Forbes list, behind Mike Bloomberg.