Sunday, January 29, 2023


Home Authors Posts by Bloomberg News

Bloomberg News

JANET YELLEN, chair of the U.S. Federal Reserve, arrives to speak at the National Community Reinvestment Coalition conference in Washington, D.C., U.S., on Tuesday, March 28, 2017. /BLOOMBERG NEWS PHOTO/ANDREW HARRER

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...
HOUSE SPEAKER PAUL RYAN told reporters Wednesday the amendment provides "a great way to lower premiums, give states more flexibility while protecting people with pre-existing conditions."/BLOOMBERG NEWS PHOTO

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...
NET INCOME from Brazil, Santander’s biggest market, jumped 77 percent from a year earlier, the bank said Wednesday. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

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...
UBERCOPTER flies in Sao Paulo, Brazil, in June 2016. /BLOOMBERG NEWS PHOTO/PAULO FRIDMAN

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...
A SLIDE from BD and C.R. Bard Inc.'s investor presentation on the transaction, as published on BD's website. /COURTESY BD/C.R. BARD INC.

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...
FEDERAL RESERVE Vice Chairman Stanley Fischer said a recent patch of weak economic data likely won’t throw the U.S. central bank off track for two more interest-rate increases this year.

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...
A DENTAL mold is seen on a table during a tour of Glidewell Dental located in Newport Beach, Calif. Implants, crowns and bridges made in places like China and Mexico compose as much as 40 percent of the $8.5 billion U.S. market for dental restorations. / BLOOMBERG NEWS PHOTO/TROY HARVEY

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...
THANKS TO a boom in beef production, steaks and burgers will finally be cheap enough this summer to rival pork and chicken. / PBN PHOTO/NICOLE DOTZENROD

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...
JOB SEEKERS wait to speak with recruiters during a Job News USA career fair in Overland Park, Kan. /BLOOMBERG NEWS PHOTO/LUKE SHARRETT

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...
- Featured Event -

Latest News