Former Federal Reserve Vice Chair Alan Blinder discusses the central bank's decision to raise interest rates at a ninth straight meeting. The …
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Former U.S. Treasury Secretary Lawrence Summers says the Federal Reserve should raise its benchmark interest rate by a 0.25 percentage point a…
The nation's biggest banks are close to agreeing upon a plan to deposit about $30 billion with First Republic Bank to stabilize the California…
Former U.S. Treasury Secretary Larry Summers warns of very substantial consequences if regulators don't work through the issues that contribut…
California is moving closer to determining what eligible Black residents are owed for generations of discriminatory practices, a key step towa…
Bloomberg's Sally Bakewell looks at what could happen to Silicon Valley Bank now that the Federal Deposit Insurance Corp. has taken over as receiver.
President Joe Biden unveiled a $6.9 trillion budget proposal on Thursday. He says the package will ease health care costs for American familie…
US initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed. Mike McKee takes a look…
The U.S is launching an investigation into 120,000 Tesla Model Y vehicles after reports of steering wheels falling off while driving. Reports …
President Joe Biden is set to propose hiking payroll taxes on Americans and giving the government more power to negotiate drug prices as part …
Rep. George Santos, a Republican from New York, recused himself from House Committee assignments in January. House Speaker Kevin McCarthy said…
Secretary of State Antony Blinken says he pressed his Russian counterpart to implement the New START treaty on limiting nuclear weapons stockp…
Former US Treasury Secretary Lawrence H. Summers tells us why he believes leading indicators signal a risk of a sharp drop off in economic act…
A vast winter storm is pummeling the central U.S. on the way to New England, dumping record amounts of snow, canceling hundreds of flights and…
President Joe Biden speaks in Poland ahead of the one-year anniversary of Russia invading Ukraine. He says Kyiv remains strong and free.
EU Commission Executive Vice President Valdis Dombrovskis says Russian sanctions are working. Speaking with Maria Tadeo on "Bloomberg Surveill…
While President Biden defended the downing of a supposed Chinese spy balloon in a public address Thursday, Chinese officials questioned the US…
Former South Carolina Governor Nikki Haley formally kicked off her Republican presidential campaign in a speech in her home state, becoming th…
Tesla has been accused of firing over 30 employees in its Buffalo factory for trying to form a union.
The shift to working at home is costing Manhattan $12 billion a year according to data analyzed by Bloomberg.
For the first time, Amazon's average cut of each sale surpassed 50% in 2022, according to a study by Marketplace Pulse, which sampled seller t…
LeBron James overtook Kareem Abdul-Jabbar as the player with the most career regular-season points in National Basketball Association history.…
President Joe Biden said some Republicans want to hold the economy hostage by suggesting they want to cut Social Security and Medicare. Many s…
James Ashley, Head of International Strategic Advisory Solutions at Goldman Sachs Asset Management discusses his global markets outlook coveri…
Call of caution on Wall Street. Many major strategists say the recent rally could be over. Morgan Stanley's Mike Wilson says markets will end …