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Bloomberg

U.S. center-left-leaning business press

Owned byBloomberg L.P., a private company founded in 1981 by Michael R. Bloomberg, who owns roughly 88% of the firm; Bank of America (via Merrill Lynch) holds a minority stake. Michael Bloomberg remains majority owner and chairman; in mid-2026 reports emerged of informal talks about a possible IPO, but the company says he has no plans to sell.
FundingPrimarily subscription revenue from the Bloomberg Terminal financial-data service, which funds the news division; also advertising and digital subscriptions to Bloomberg.com and Bloomberg Businessweek. It is not publicly traded and does not rely on state funding.
On the administrationmixed

Background

Bloomberg News launched in 1990 as an offshoot of Bloomberg L.P., the financial-data firm Michael Bloomberg founded in 1981 after leaving Salomon Brothers. It grew into one of the largest financial and business news organizations in the world, with wire, TV (Bloomberg Television), radio, and magazine (Businessweek) operations, largely subsidized by Terminal subscription revenue rather than depending on ad sales for profitability. Michael Bloomberg's role as owner has repeatedly raised conflict-of-interest questions, notably during his tenure as NYC mayor (2002–2013) and his 2020 Democratic presidential run, when Bloomberg News said it would not investigate him or his Democratic rivals while continuing to cover Trump — a policy that drew internal newsroom revolt and loss of RNC/Trump campaign credentials. Editor-in-chief John Micklethwait has overseen efforts to keep news coverage nonpartisan even as the Bloomberg Opinion section publishes ideologically varied columnists. In 2025–2026, Bloomberg has reported extensively and critically on Trump-era tariffs, immigration enforcement, and economic policy, and in September 2026 it was among outlets suing over the administration's press-credential restrictions, while also running straightforward coverage of administration actions like Affordable Care Act rollbacks. Its financial-market and economic reporting is widely regarded as authoritative and largely nonideological, even as broader political coverage tends to lean left of center.

Sources

  1. Bloomberg L.P. — Wikipedia
  2. Bloomberg Media Bias | AllSides
  3. Lawsuit Over Trump's Ban on CNN, MS NOW Is Ultimate Weapon - Bloomberg
  4. US Judge Lifts Trump's White House Media Access Ban for Now - Bloomberg
  5. Bloomberg News | International News & Financial Analysis | Britannica Money

Profile compiled 2026-09-24; refreshed when ownership, funding, or the administration changes.

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