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Athlete | Empire: Alex Rodriguez
One of the most successful, and controversial, athletes of his generation, Alex Rodriguez quietly built a real estate empire over two decades. Now, five years after retiring from baseball, he's accelerating his transformation from former athlete to investor and owner -- with an eye on his legacy, and maybe a dose of redemption.
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Bloomberg Businessweek
Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".
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The Pay Check
This QuickTake adaptation of our award-winning podcast, The Pay Check, focuses on the racial wealth gap.
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Business
Dubai Conglomerate Majid Al Futtaim Abruptly Removes CEO Bejjani
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Business
Your Saturday Asia Briefing: A Billionaire Feud and the Next Pandemic
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Central Banks
Yellen, Powell Compromised on a Comma as They Vied for Fed Chair
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Jobs
BNY Mellon to Cut About 3% of Staff as Wall Street Retrenches
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Economics
Summers Says Recession Still Looms, Fed Getting Closer to Done
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Equality
NJ Women Will No Longer Need a Prescription to Buy Contraceptives
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Technology
MTN Gets $773 Million Ghana Tax Bill It ‘Strongly Disputes’
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Technology
Twitter Workers Forced to Drop Group Lawsuit Over Severance
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Technology
Solar Energy Firm Nextracker Files for IPO as Market Warms
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Legal
‘Delusional Narcissist’ - The Fight Over Musk’s Fraud Jury Is On
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Politics
Kishida Tells Biden He’ll Deal With Chip Curbs ‘Appropriately’
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Politics
Albanese Says Australia to Focus on Restoring Trade With China
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Investing
Ackman Cites Past Spitzer Probe in Defending Bankman-Fried
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Deals
Jamie Dimon Calls JPMorgan’s Frank Acquisition a ‘Huge Mistake’
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Pursuits
Hong Kong DJ Who Broadcast for Six Decades Dies At 98
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Pursuits
Review: Etta Marcus Swings Wide on 'Heart-Shaped Bruise'
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Mark Gongloff
Exxon Made Shockingly Accurate Climate Forecasts Decades Ago
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Paul J. Davies
US Banks Have Millions of Consumers to Thank
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Mark Gilbert
Can the World Afford to Carry on Skiing?
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The Year Ahead 2023
What We Got Right and Wrong About 2022
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The Year Ahead 2023
On the Hot Seat for 2023: Masayoshi Son, Changpeng Zhao and More
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The Year Ahead 2023
Will You Finally Break Up With Twitter This Year?
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Equality
Trump Rages About ‘Hoaxes’ and ‘Scum’ in Unsealed Deposition
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Equality
Supreme Court to Consider Expanding Rights of Religious Workers
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New Energy
Australia Offers New Funding in Rush to Deliver Green Hydrogen
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Green
Sinking Town in Indian Himalayas Spotlights Risks of Development
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CityLab
NYC Mayor Adams Pleads for Emergency Aid to House Migrants
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Economy
Where Internet Connection Costs More in the US
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Housing
New York State Joins the YIMBY Fray
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Crypto
Gemini and Genesis Battle It Out (Podcast)
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Crypto
Japan Expects Local FTX Clients to Get Funds Back From February
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Crypto
Bitcoin Mining in 2023: No Rest for the Weary (Podcast)
A man walks past the bull statue near the New York Stock Exchange.
Photographer: Jin Lee/Bloomberg
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Federal Reserve policy makers put markets on notice in their last meeting minutes. Runups in risky assets were a concern, fueling an “unwarranted easing in financial conditions” that bedeviled their efforts to cool inflation.
In the eight days since, they’ve watched the rallying S&P 500 Index create more than $1 trillion in fresh investor wealth. Gains picked up speed this week with the gauge climbing in four of the five sessions, leaving it up more than 4% for the year.
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