Bloomberg News
Yellen may see inflation risk in deficit-busting Trump tax cuts
WASHINGTON - What President Donald Trump giveth to the economy with massive tax cuts, Federal Reserve Chair Janet Yellen may be tempted to taketh...
White House unveils opening bid for `biggest tax cut’
WASHINGTON - The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history -- with cuts that...
Freedom Caucus endorses GOP health bill, reviving its chances
WASHINGTON - The conservative House Freedom Caucus that helped derail the GOP’s effort last month to repeal Obamacare has formally endorsed a revised measure, potentiality...
Santander’s Brazil patience pays off as rebound lifts profit
MADRID - Banco Santander SA’s commitment to stick with Brazil even through recession is paying off as the country’s recovering economy and rising currency...
Uber plans to test flying cars in Dallas, Dubai by 2020
SAN FRANCISCO - Uber Technologies Inc. hopes to one day operate a network of flying cars. On Tuesday, the ride-hailing company laid out some...
Becton’s $24B Bard purchase caps CEO’s deal spree
NEW YORK - For more than a century, medical devices company Becton, Dickinson & Co. got by without any major acquisitions. That’s changed dramatically under CEO Vincent...
Fed’s Fischer says two more 2017 hikes still feels right
WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer said a recent patch of weak economic data likely won’t throw the U.S. central bank off...
Your imported teeth are a battlefield as Trump takes on trade
NEW YORK - To get a feel for what’s at stake in the U.S. trade debate, run your tongue over your molars. Implants, crowns and bridges...
Carnivores rejoice: Steaks and burgers cheap for grilling
CHICAGO - Go ahead, throw another T-bone on the grill. Thanks to a boom in beef production, steaks and burgers will finally be cheap enough...
Here’s why robust U.S. job market isn’t producing better pay
WASHINGTON - Growth in Americans’ wages has been leveling off lately, contrary to expectations that a steadily falling jobless rate will quickly lead to...
