This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership. New subscribers can sign up here; follow us on Bluesky, TikTok, Instagram, LinkedIn and Threads.

One of the most surprising datapoints from President Donald Trump’s 2024 victory was his strength among young voters, a demographic that is typically a core part of the Democratic base. In 2020, President Joe Biden won this age group (18-29) by 24 points. Yet, in 2024, Trump closed the gap, with former Vice President Kamala Harris winning this same group by just 4 points.

Now, a Pew Research Center poll shows Trump steadily losing ground with a larger young cohort, revealing weaknesses in the very group that helped him win in November. In February, Trump had a 92% approval rating among voters under 35 who cast a ballot for him. Since then, his approval rating has slumped to 69%, a loss of 23 percentage points, which is the largest drop of any age group among Trump’s voters.

Read the whole thing.

Why Boomers Have More Money Than Everyone Else — Allison Schrager

Forget Nvidia. Costco and Walmart Look Scarier. — Jonathan Levin

Who Lost Europe? Hint: It’s Not Trump’s Fault — John Authers

I Wasn’t Very Worried About the Fed. Now I Am. — Bill Dudley

Today’s Eugenics Is Much More Dangerous — Adrian Wooldridge 

Why the Russia-India-China Reboot Won’t Last —  Karishma Vaswani

China Gets Closer to Finding Its Own Nvidia — Shuli Ren

Amy Coney Barrett Is a Maddening Voice on Grant Cases — Noah Feldman

AI Is Booming. So Are Household Electricity Bills. — Liam Denning

Boomers Are the Next Big Consumer Culture Frontier — Andrea Felsted

• Trump claims crime rates are too high, and Congress is investigating the DC police over its numbers. Who can you trust? Justin Fox explains why he still puts his faith in the data, even with its flaws.

• Rice prices are hitting an 18-year low. With looming food shortages triggered by the climate crisis, Michael Johnson explains how the staple crop is providing some hope.
• It’s not clear if Trump can actually fire Lisa Cook, but John Authers says markets don’t seem to be worried, at least for now.

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