Busted on the Upper West Side: NYPD Cop on Horseback Chases Down Purse Snatcher in Wild New York City Bust (New York Post)
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There goes the neigh-borhood!
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An NYPD cop on horseback chased down a convicted parolee who swiped a purse on the Upper West Side in a wild pursuit fit for a western flick, dramatic footage shows. 
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Felicia Field, 44, snatched the bag from a woman on 72nd Street and Columbus Avenue at around 11 a.m. Wednesday and then tried to hoof it away, police said.

The fearless mounted cop and his studly sidekick, Kelly, quickly galloped across a busy street and down a crowded sidewalk to nab her and recover the purse, according to a tweet from the NYPD.

Watch the footage from the chase-down here. 

Inspiring New Book

Hans Ulrich Obrist, the Swiss art curator, critic, and art historian who serves as Artistic Director of London’s Serpentine Galleries, has written hundreds of books, but Life in Progress is his first memoir.

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The book traces the formative experiences that shaped one of the contemporary art world’s most influential figures, from his childhood in a small Swiss town to his teenage journeys across Europe to visit artists’ studios.

Obrist also reflects on the childhood accident that left him hospitalized and gave him both a sense of urgency and an early understanding of art’s healing power. Later came the kitchen exhibition he organized as a student — an early expression of the curiosity, conversation, and experimentation that would define his career. 

Mike Bloomberg, who has served as chairman of the Serpentine Galleries since 2014, calls Obrist “one of the most creative and driven people I’ve met,” praising his ability to bring great and daring art to new audiences, while Patti Harris describes Obrist as “simply the best” and says the book shows how his love for art and artists began.

This week, Mike and Patti joined Hans Ulrich and Bettina Korek, the CEO of the Serpentine Galleries, at Bloomberg Philanthropies to celebrate the publication of Life in Progress.

Order your copy here or at your local bookstore.

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War-Driven Energy Crisis

Countdown to Empty: Europe Has ‘Maybe 6 Weeks of Jet Fuel Left,’ Energy Agency Head Warns (Associated Press)
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Europe has “maybe six weeks or so” of remaining jet fuel supplies, the head of the International Energy Agency said Thursday in a wide-ranging interview, warning of possible flight cancellations “soon” if oil supplies remain blocked by the Iran war.
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IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced,” stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.

The impact will be “higher petrol (gasoline) prices, higher gas prices, and high electricity prices,” said Birol, speaking in his Paris office.

Economic pain will be felt unevenly and “the countries who will suffer the most will not be those whose voices are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa and in Latin America,” said the Turkish economist and energy expert who has led the IEA since 2015.

Latest Claim: Trump Says Iran Deal Getting Closer as Lebanon Truce Starts (Bloomberg)
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Trump claimed Iran has made key concessions in an ongoing negotiation to end the seven-week war, while a ceasefire between Israel and Hezbollah in Lebanon increased the prospect of a broader peace.
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Trump said it may not be necessary to renew an April 7 truce with the Islamic Republic before it expires next week, defying expectations that an extension will be needed to allow more time for diplomacy.

However: US-Iran Deal Will Take Months, Gulf and European Officials Say (Bloomberg)
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Some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months to be agreed upon and that the warring sides should extend their ceasefire to cover that timeframe, according to officials from the regions.

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The leaders want the vital Strait of Hormuz opened immediately to restore energy flows and are warning in private that a global food crisis may develop if that doesn’t happen by next month, said the officials.

The Future of the Bloomberg Terminal

Now You Can Talk to Your Financial Terminal (Frankfurter Allgemeine Zeitung)

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With its latest innovations, including its new ASKB interface, Bloomberg aims to offer financial specialists a new kind of experience, according to the influential German business publication FAZ.
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“The Bloomberg Terminal is a powerful instrument that can do almost anything,” says Bloomberg CEO Vlad Kliatchko in an interview at the company's Frankfurt offices. “But it’s often hard to find things. AI can change that. Users can talk to the Terminal instead of retrieving values through shortcuts. They can ask questions in natural language."

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“We’ve accumulated expertise over decades and understand how financial markets look at data,” he says. “What’s needed now aligns perfectly with what we do best: aligning and connecting data.” He believes Bloomberg’s close relationship with its clients — and the financial expertise gained through that proximity — will pay off in the coming years, FAZ reports.

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Kliatchko sees this continuous exchange with clients as a key advantage — one that upcoming AI entrants cannot yet replicate. “We provide context for actions and interactions driven by scientific work based on AI,” he tells FAZ.

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Some of the new features have already been available for several months. The terminals are increasingly able to respond to specific user questions through big-data analysis — and even, in some cases, to anticipate them. Read the full story here.

What's Ahead: Agentic AI Becomes a Key Bloomberg Terminal Cornerstone as ASKB Developments are Mapped Out in New Roadmap (The Trade)

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Wayne Barlow, Bloomberg's global head of terminal products, tells The Trade: “The roadmap itself is driven very heavily by the feedback that we’ve been getting from customers. One of the earliest types of feedback that we get is that people trust Bloomberg to power their portfolio analysis." Read the full story here and the press release here.

What I'm Reading

War to Wallets: Trump Turns From Iran to the Economy as GOP Faces Midterm Headwinds (Bloomberg)
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President Trump plans to take his economic pitch on the road to western US states, as the White House grapples with an increasingly unpopular war with Iran ahead of the November midterm elections.

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The president’s trip this week to Nevada and Arizona, two swing states that Trump carried in 2024, reflects a growing recognition inside the administration and among congressional Republicans that the party must remind voters of its economic accomplishments as affordability issues weigh heavily on American households.

Treasury Warning: Henry Paulson Says US Should Prepare for a ‘Vicious’ Bond Crash (Bloomberg)
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Former Treasury Secretary Henry Paulson called on US authorities to prepare a backup plan in order to avert a potential collapse in demand for Treasuries — an event that he warned would have “vicious” effects.

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“We need an emergency break-the-glass plan, which is targeted and short-term, on the shelf, so it’s ready to go when we hit the wall,” Paulson said in an interview for Bloomberg Television’s Wall Street Week with David Westin.

Tragedy in VA: Virginia Ex-Lieutenant Governor Kills Wife, Self, Police Say (Bloomberg)
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The former lieutenant governor of Virginia, Justin Fairfax, killed himself and his wife, Cerina Fairfax, at their home just after midnight on Thursday, according to police. Fairfax County Police Chief Kevin Davis described it as a murder-suicide, adding that it was an ongoing domestic-related dispute surrounding a “messy divorce.”

Guarded Rollout: White House Moves to Give US Agencies Anthropic Mythos Access (Bloomberg)
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The US government is preparing to make a version of Anthropic PBC’s powerful new artificial intelligence model available to major federal agencies amid concerns that the tool could sharply increase cybersecurity risk, according to a memo reviewed by Bloomberg News.

Founder's Next Act: Reed Hastings to Step Down as Netflix Chair (New York Times)

Reed Hastings, who transformed Netflix from a scrappy DVD subscription service into a globe-spanning Hollywood colossus, will step down in June from the board of the company he co-founded, the company said on Thursday.

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Meme Momentum: Allbirds Shares Sink as 582% AI Surge Comes to Screeching Halt (Bloomberg)
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Allbirds’s surprising pivot from wool sneakers to artificial intelligence infrastructure is looking more like a flash in the pan for the stock than a driver of long-term gains.

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Shares of the firm, which said it plans to re-brand itself as NewBird AI, sank as much as 31% on Thursday, a swift but only partial reversal from the knee-jerk reaction a day prior when the stock soared more than 582%. Nearly 300 million shares exchanged hands on Wednesday, several times the daily average of just over 20 million.

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“This has the feel of a meme stock, where emotions take over and logic and reason get thrown out the window,” said Adam Sarhan, chief executive of 50 Park Investments. “That the market actually rewarded the stock yesterday when it doesn’t seem to have any kind of actual AI edge tells me that froth, specifically AI froth, is picking up.”

A Gilded Ego: Trump’s ‘Triumphal Arch’ Draws Backlash, Even From an Expert Who Proposed It (New York Times)
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During his first term, President Trump visited the Arc de Triomphe in Paris to attend a commemoration of Armistice Day, which ended World War I. The memory of the arch stayed with him, and eight years later, he is determined to surpass it.
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“The one that people know mostly is the Arc de Triomphe in Paris, France, and we’re going to top it by, I think, a lot,” Trump said in December of his plans to build his own triumphal arch in Washington. “The only thing they have is history.”

The Commission of Fine Arts, an independent federal body that advises presidents about “matters of design and aesthetics,” this week gave its stamp of approval to another one of Trump's passion projects: a 250-foot arch on the other side of the Potomac River from the Lincoln Memorial.

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But Trump’s push to build the giant arch — more than quadrupling its size from the original plans — has alienated early proponents of the project, classical architects and veterans groups who say it will diminish nearby Arlington Cemetery. 

The monumental design is pleasing to its most important constituent: Trump. Asked last year who the arch was for, Trump responded: “Me.”

A rendered image of the arch, which has been dubbed the "Arc de Trump" by critics, is gilded in Trump's signature gold branding: 

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Disaster Relief to Disbelief: Trump Responds to FEMA Official’s Teleportation Claim, Calling It ‘a Little Strange’ (The Hill)

President Trump on Tuesday described statements about teleportation from one of the top officials at the Federal Emergency Management Agency (FEMA) as “a little strange.”

Gregg Phillips has long shared stories about spiritual and supernatural experiences while receiving treatment for metastatic bone cancer. Last year, he said he once teleported to a Waffle House in Georgia during an podcast appearance. He also has said that he once met Satan.
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Trump told CNN the comments about teleportation were “strange.” “I don’t know anything about teleporting…” the president said. “It just sounds a little strange, but I know nothing about teleporting or him."
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In social media posts, Phillips said he chose to forego chemotherapy and treated himself with ivermectin and fenbendazole, two antiparasitic medications primarily used in veterinary medicine. Fenbendazole is not FDA approved. 
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Phillips is third in the chain of command at FEMA and has been responsible for helping with disaster recovery nationwide.

NYC Iconic Dining: Tavern on the Green Transforms Its Legendary Menu Into a First-Ever Cookbook (Time Out)

The recently published Tavern on the Green Cookbook, written by executive chef Bill Peet, is a glorious celebration of the legendary eating spot in Manhattan’s Central Park.

Nestled in Central Park, one of the most fabulous settings imaginable, Tavern on the Green has been dazzling generations of New Yorkers and visitors with its inventive, eclectic menu and playful decor. Some 700,000 guests dine there every year at this one-of-a-kind restaurant, which has also played host to countless weddings and birthday parties, Broadway opening nights and glamorous afterparties, and many other memorable events.

This enchanting souvenir volume captures all of Tavern on the Green's rich history— from its origins in the 1870s as a shelter for the sheep that grazed in the nearby Sheep Meadow to its reincarnation as a restaurant in the 1930s and rebirth in the 1970s as the glistening jewel of the great restaurateur/showman Warner LeRoy.

Now, for the first time, Tavern's memorable food can be made at home. Menus and entertaining and decorating tips show readers how to impress guests for any special occasion. With beautiful photography and charming stories about many of the boldface names who've eaten at Tavern over the years (Madonna, Reggie Jackson, John Gotti, Brooke Astor, and more), this keepsake is the perfect gift for the many tourists who've had the time of their lives there, as well as for New Yorkers looking to bring the unforgettable experience home.

Check out the book here. 

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Weekend Streaming Guide

Beef (Netflix)
The second season of Netflix’s darkly funny anthology series returns with a new cast and a fresh story about class, ambition, and rivalry. This time around, newly engaged and desperate for cash, Ashley (Cailee Spaeny) and Austin (Charles Melton) find themselves up against country club boss Josh (Oscar Isaac) and his wife Lindsay (Carey Mulligan), with both couples soon competing for the approval of billionaire owner Chairwoman Park (Youn Yuh-jung).

A Gorilla Story: Told by David Attenborough (Netflix)
Netflix’s new documentary A Gorilla Story: Told by David Attenborough follows the naturalist as he revisits his first encounter with Pablo, a baby gorilla he met in the 1970s who later grew into a leading silverback, and traces his family line to the present day in Rwanda. Told by Attenborough himself, it’s an intimate look at mountain gorillas, conservation, and the generations descended from Pablo.

Outcome (Apple TV+)
Outcome stars Keanu Reeves as a troubled Hollywood actor forced into a chaotic redemption tour after a mysterious video threatens to wreck his career, with Cameron Diaz, Matt Bomer, and Jonah Hill also starring. Directed by Hill, the dark comedy is a satire of fame, scandal, and celebrity self-destruction.

Best of Late Night

On Vice President JD Vance appearing at a Turning Point USA event in Athens, Ga., commenting on Pope Leo XIV’s criticism of the US bombing of Iran, saying the pontiff should “be careful when he talks about matters of theology:”

“You see, the pope’s position is that peace is good, and Donald Trump’s position is that he is Jesus Christ. So JD Vance had to go out there in front of literally dozens of people, and try to argue that the pope was wrong and A.I. Jesus was right.” 
-- Ronny Chieng

On this week's Tax Day in the US:

"It’s Tax Day, although you could make a case that every day since November 2024 has been taxing.” 
-- Jimmy Kimmel

“Lots of stores offered tax-day deals. Krispy Kreme had a deal where if you buy a dozen doughnuts, you get a second dozen free. I think we can all agree that there is nothing more American than paying your taxes and then eating 24 doughnuts by yourself.” 
-- Jimmy Kimmel

And from The Daily Show: Professional naming expert Marco Glennwald III is losing his mind over the president's insistence on naming every goddamn thing after himself. Click the photo below to watch. 
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