Business News

Fed Report Says 40% Of US Adults Can't Cover $400…

The Federal Reserve Board released its annual economic well-being report Tuesday.

Twitter to add special labels to political candidates in US

Twitter says it's adding special labels to tweets from some U.S. political candidates ahead of this year's midterm elections.

2 Kansas, 1 Missourian accused in 'rent-a-vet' scheme

Federal prosecutors are alleging that two Topeka businessmen and one from the Kansas City area participated in a $352 million scheme to defraud the federal government

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Musk Promises Brake Fix After Tesla Model 3 Gets…

Consumer Reports didn't give its sought-after recommendation to Tesla's Model 3 after finding issues with its braking performance.

Markets Right Now: Banks lead midday declines for US stocks

U.S. stocks are mostly lower in midday trading on Wall Street, led by declines in banks as bond yields move lower.

Turkish currency hits record low amid Erdogan…

Turkey's currency, the lira, has fallen to a record low against the dollar amid concerns about an outflow of investor capital and the country's ability to manage the situation.

Lingering limbo: Businesses uncertain about tax law impact

Rules needed for new tax law leave many small business still wondering if they'll win or lose

France's Macron takes on Facebook's Zuckerberg in…

French President Emmanuel Macron is courting Facebook CEO Mark Zuckerberg and some 50 other tech bosses at a conference

United Technologies plans to hire 35,000 people

United Technologies plans to hire 35,000 people and invest more than $15 billion in the U.S. over the next 5 years

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Hawaii geothermal plant plugs wells as lava flows…

Lava from Hawaii's erupting volcano that is flowing near a geothermal plant has prompted the plugging of production wells to prevent toxic gas from seeping out

Comcast v. Disney: a fight for Twenty-First…

Comcast is assembling a bid for Twenty-First Century Fox, which would put it in a head-to-head fight with Disney

China Is Well Insulated Against a Stronger Dollar…

May.23 -- Miranda Carr, China macro strategist at Haitong International, discusses China's ability to withstand a stronger dollar. She speaks on "Bloomberg Surveillance" alongside Daniel Morris, senior investment strategist at BNP Paribas Asset Management.

China pledges to work seriously with US ahead of Ross' visit

China's government has pledged to work conscientiously with Washington on resolving a sprawling trade dispute ahead of a visit by U.S. Commerce Secretary Wilbur Ross to Beijing

Summer driving: Edmunds' picks for Memorial Day car deals

Edmunds offers its top picks for car deals over Memorial Day weekend

David Zervos' Six Reasons Why Inflation Isn't…

May.22 -- David Zervos, chief market strategist and head of global fixed income strategy at Jefferies, discusses disinflationary forces preventing the inflation story from happening. He speaks on "What'd You Miss?"

Trump: US may need new 'structure' for China…

President Donald Trump says the U.S. will probably have to use a "different structure" when it comes to trade with China

Trump eager to sign bill rolling back Dodd-Frank…

President Donald Trump says he is eager to sign a bill that will dismantle a chunk of the landmark Dodd-Frank act that grew out of the 2008 financial collapse

BOE's Carney on Rates Guidance, U.K. Economy…

May.22 -- Bank of England Governor Mark Carney discusses the bank's guidance on interest rates and the outlook for the U.K. economy. These are highlights of his testimony today before the U.K.'s Treasury Select Committee in London.

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Target's 1Q profit falls short as it continues…

Target, pushing through a multi-year reinvention plan, posts weaker-than-expected profits for the first quarter

Global stocks fall amid weak data, worries over…

Stock markets are mostly after weak European economic data and as U.S. President Donald Trump raised doubts that a summit with North Korean leader Kim Jong Un will take place as planned

Last Thing Investors in U.K. Assets Need Is an…

May.22 -- BlackRock Global Chief Investment Strategist Richard Turnill discusses British politics, Bank of England monetary policy and U.K. assets. He speaks on "Bloomberg Surveillance."