Hot US Inflation Pushes Fed Toward Rate Hike That Trump Opposes
Odds of a rate increase at next week’s meeting have shot up.
Odds of a rate increase at next week’s meeting have shot up.
Expanding from database software into artificial intelligence and media, Larry Ellison is placing his biggest bets yet. Bloomberg Originals explores what drives the 82-year-old tech billionaire. (Source: Bloomberg)
Richard Haass, senior counselor with Centerview Partners, president emeritus for the Council on Foreign Relations, and former advisor to Colin Powell and President George H.W. Bush, says America's $40 trillion national debt, is not just a fiscal problem but a national security co...
Some family members of those killed on Sept. 11, 2001, used the 25th anniversary ceremony to call on President Donald Trump to hold Saudi Arabia accountable for its alleged complicity in the US’s worst terrorist attack.
Is Canada becoming the EU’s 28th state rather than the US’ 51st? That’s more meme than reality, but they are building a hedge against America, says Bloomberg Opinion columnist Lionel Laurent. (Source: Bloomberg)
The Republican faithful, gathered in arena hallways and hotel ballrooms during this week’s midterm convention, projected confidence they had a good story to tell on the economy.
India is hosting the BRICS leaders’ summit in New Delhi over the weekend, bringing together leaders from major emerging economies. Bloomberg's Haslinda Amin is in Mumbai with a preview of what to expect. (Source: Bloomberg)
President Donald Trump joins officials - including Defense Secretary Pete Hegseth, Joint Chiefs of Staff Chairman Gen. Dan Caine - at a commemoration held at the Pentagon 25 years after the September 11, 2001 attacks. Trump, saluting servicemembers, says that Iran will never get ...
Green Party leader Zack Polanski’s decision to seek an open UK Parliament seat sets the stage for a dramatic test of both Prime Minister Andy Burnham’s popularity and his own.
A Russia sanctions bill overwhelmingly passed by the US Senate last month will receive a vote in the House next week, a person familiar with the plans said.
As the Iran-backed Houthis gain ground in Yemen and strike Saudi Arabia’s oil infrastructure, the kingdom faces a stark choice: escalate a military campaign that’s for years failed to defeat the militants or tolerate greater rebel leverage over a Red Sea route that’s become incre...
National Economic Council Director Kevin Hassett says inflation is “clearly decelerating” over the last three months as he discusses the US August CPI report. Hassett also talks about respecting Federal Reserve independence on interest-rate decisions and the potential path to Pre...
President Donald Trump defended the war in Iran during a Pentagon ceremony marking the 25th anniversary of the Sept. 11, 2001 attacks, tying the conflict to the US’s decades-long fight against terrorism.
Germany is planning to obtain additional Boxer armored vehicles for specialized use, but has not yet firmed up plans for larger military orders of the platforms, which defense firms like Rheinmetall AG and KNDS NV rely on for outlooks and valuations.
Andy Burnham’s UK government is considering scaling back planned increases to the youth minimum wage due to concerns the policy is having a negative impact on employment rates.
White House National Economic Council Director Kevin Hassett played down concerns that President Donald Trump’s proposal to send $5,000 checks to every adult US citizen would add to worries about historically high government borrowing.
UK lawmakers narrowly voted to shelve a bill to legalize assisted dying in England and Wales during a quiet Friday sitting at which a lukewarm government stance tipped votes in favor of opponents to the law.
The Italian government tapped Riccardo Smimmo to be the new ambassador to Addis Ababa after the previous envoy abruptly left Ethiopia 10 months into his tenure.