This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior economy editor Ben Holland looks at behind the Trump administration order pausing some government spending.

Global warming exacerbated fire conditions in the Los Angeles area, an analysis by the research group World Weather Attribution finds.

On today’s Big Take Asia podcast, how Chinese consumers helped propel gold to record highs last year, and what lies ahead for the precious metal, seen as a haven investment amid global uncertainty.

Sexual misconduct by one of the country's biggest celebrities is threatening a major television network. Incompetent crisis communications and the involvement of foreign investors means this isn’t just tabloid fare.

Novo Nordisk A/S’s blockbuster Ozempic won US approval to treat chronic kidney disease in patients who also have type 2 diabetes, further expanding the popular drug’s use.

Government officials from across the US said states were locked out of the Medicaid payments system after President Donald Trump’s administration ordered a freeze to federal funds.

Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched five months ago.

SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter.

Archegos Capital Management’s former co-chief executive officer abandoned efforts to recoup losses from the firm’s collapse after prosecutors said he was a “knowing participant” in founder Bill Hwang’s fraud rather than a victim.

Colombia’s run-in with Donald Trump is a warning to other countries trying to decipher the US president’s haphazard decision-making process. As Asian nations realize that Trump’s second term could be even more erratic than his first, China is ready to take advantage of the chaos.

Democratic lawmakers in states including New York, Illinois and Oregon reported issues accessing portals for Medicaid and other social programs, hours after President Donald Trump’s administration issued a memo pausing federal aid.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill