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Outlet profile

Bloomberg News

U.S. center, business/financial

Owned byBloomberg L.P., a privately held company majority-owned by founder Michael Bloomberg
FundingPrimarily subscription revenue from the Bloomberg Terminal financial data service, plus advertising and Bloomberg Media revenue; not publicly traded and does not rely on outside investors
On the administrationmixed

Background

Bloomberg News was founded in 1990 by Michael Bloomberg as an extension of his financial data company, Bloomberg L.P., which he started in 1981 after leaving Salomon Brothers. The news operation grew rapidly alongside the Bloomberg Terminal, expanding into wire reporting, magazines (Bloomberg Businessweek), television (Bloomberg TV), and digital platforms, and now operates one of the largest financial news-gathering operations in the world with bureaus across the globe. Because Michael Bloomberg has held elected office (New York City mayor, 2002-2013) and ran for the 2020 Democratic presidential nomination, the newsroom has faced recurring scrutiny over conflicts of interest; editor-in-chief policy has generally restricted staff from investigating Bloomberg himself or his personal wealth, and coverage of his 2020 campaign was notably constrained. The outlet has also drawn criticism for coverage decisions involving China, given Bloomberg L.P.'s significant commercial interests there, including a 2013-2014 controversy over a spiked investigative story on Chinese elite wealth. Editorially, Bloomberg is widely regarded as rigorous on markets, economics, and corporate news, with a worldview generally favorable to free trade, globalization, and technocratic governance. Its politics coverage is generally seen as centrist to center-left on social and cultural issues, while its core identity remains market- and business-oriented rather than ideologically driven.

Sources

  1. About Bloomberg L.P.
  2. Bloomberg News - Wikipedia
  3. Bloomberg L.P. - Wikipedia

Profile compiled 2026-09-30; refreshed when ownership, funding, or the administration changes.

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