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Sonali Basak

Stay informed with Sonali Basak’s coverage and analysis.

Santander’s Botin disagrees with Dimon as she sees ‘only upside’ for Europe
FinanceSantander’s Botin disagrees with Dimon as she sees ‘only upside’ for Europe
By Paige Smith, Jorge Zuloaga, Sonali Basak and BloombergJuly 16, 2025
Marc Rowan, chief executive officer of Apollo Global
FinanceApollo’s Rowan says trade war has made U.S. ‘merely exceptional’
By Dawn Lim, Sonali Basak and BloombergMay 5, 2025
Elon Musk’s X raises almost $1 billion in new equity funding
FinanceElon Musk’s X raises almost $1 billion in new equity funding
By Bloomberg, Sonali Basak, Katie Roof, Sridhar Natarajan and Gillian TanMarch 19, 2025
Nassim Nicholas Taleb, author of the book "The Black Swan."
FinanceBlack Swan’s Taleb says Nvidia rout is hint of what’s coming
By Sonali Basak and BloombergJanuary 28, 2025
Barry Diller
FinanceBillionaire donors want Kamala Harris to get rid of the regulators they dislike most
By Saleha Mohsin, Todd Gillespie, Sonali Basak and BloombergSeptember 6, 2024
Greg Jensen, co-chief investment officer of Bridgewater Associates
FinanceBridgewater starts $2 billion fund that uses machine learning for decision-making and will include models from OpenAI, Anthropic and Perplexity
By Sonali Basak and BloombergJuly 1, 2024
Kim Kardashian
FinanceKim Kardashian’s private equity firm just sealed its first deal, to buy ‘the Dom Perignon of hot sauce’
By Kamaron Leach, Sonali Basak and BloombergNovember 22, 2023
Coinbase CEO responds to SEC’s accusations his company operates an illegal crypto exchange: ‘I think we’re gonna be fine going to the court’
FinanceCoinbase CEO responds to SEC’s accusations his company operates an illegal crypto exchange: ‘I think we’re gonna be fine going to the court’
By Yueqi Yang, Sonali Basak and BloombergJune 7, 2023
Jerome Powell, Gary Gensler
FinanceHedge funds are exploiting a shadowy trade to cash in on the debt crisis and the SEC and Fed are questioning prime brokers, sources say
By Sonali Basak, Liz Capo McCormick, Lydia Beyoud, Hema Parmar and BloombergMay 26, 2023
A billionaire financier selling his stake in the Milwaukee Bucks says that pickleball could offer a higher rate of return than the NBA
FinanceA billionaire financier selling his stake in the Milwaukee Bucks says that pickleball could offer a higher rate of return than the NBA
By Amanda Albright, Sonali Basak and BloombergMay 17, 2023
Kim Kardashian’s investment firm hopes to raise $1 billion and leverage her ‘demonstrated ability to identify and define culture’
FinanceKim Kardashian’s investment firm hopes to raise $1 billion and leverage her ‘demonstrated ability to identify and define culture’
By Sonali Basak, Todd Gillespie and BloombergMay 16, 2023
Lending mortgages to rich Silicon Valley home buyers was part of First Republic Bank’s DNA—and helped contribute to its collapse
FinanceLending mortgages to rich Silicon Valley home buyers was part of First Republic Bank’s DNA—and helped contribute to its collapse
By Hannah Levitt, Jenny Surane, Sonali Basak and BloombergMay 1, 2023
Mark Spitznagel, president and chief investment officer of Universa Investments
FinanceThe ‘Black Swan’ fund manager just said that debt is creating the ‘greatest tinderbox-timebomb in financial history’ and could have consequences similar to the Great Depression
By Sonali Basak and BloombergJanuary 30, 2023
Goldman Sachs CEO David Solomon
SuccessGoldman Sachs CEO David Solomon just took a major pay cut after a disastrous year—But he’s still walking away with $25 million
By Sonali Basak, Steve Dickson and BloombergJanuary 27, 2023
Crypto brokerage Genesis said to be warning investors it may declare bankruptcy if it can’t raise at least $1 billion
The LedgerCrypto brokerage Genesis said to be warning investors it may declare bankruptcy if it can’t raise at least $1 billion
By Lydia Beyoud, Sonali Basak, Vildana Hajric, Muyao Shen and BloombergNovember 22, 2022
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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a yearplaceholder alt text
By Preston ForeMay 21, 2026
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50placeholder alt text
By Preston ForeMay 22, 2026
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Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workersplaceholder alt text
By Emma BurleighMay 22, 2026
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