In October, the Labor Department reported that U.S. hiring picked up at its slowest pace since 2020. Bloomberg's Tyler Kendall examined how this slowdown is affecting key battleground states ahead of the upcoming election.
A judge has extended a pause on legal battles involving Puerto Rico's electric utility as it negotiates with bondholders to reduce its debts. This decision comes as the utility works to address its financial challenges.
Goldman Sachs Group Inc. reports that US money markets are preparing for a familiar month-end trend. This week, there’s expected to be a noticeable spike in overnight lending rates. This increase is linked to Wall Street banks managing a significant influx of new Treasuries.
The rise of artificial intelligence is leading to a significant increase in electricity demand, presenting both opportunities and challenges for Wyoming, a key energy producer. In a recent legislative discussion, lawmakers debated how to meet this growing need while navigating an already complex electric Market. With inquiries for up to 7,000 megawatts of new power ...
Ontario will extend its temporary cut to gasoline and diesel taxes until next June, Premier Doug Ford announced at a news conference on Sunday.
Nigeria's Central Bank Governor Olayemi Cardoso has expressed confidence in the country's ability to attract $1 billion in monthly remittances from citizens living abroad. This statement was reported by Thisday newspaper.
The initial assessments following the bombing indicate a negative outlook.
The U.S. has a long history of taxing imports, but mostly moved away from that approach starting in the 1930s with a shift towards free trade. However, tariffs saw a resurgence under President Donald Trump, who aimed to boost American manufacturing and address what he called China's unfair trade practices. President Joe Biden has continued this trend, maintaining higher tariffs.
Michael Zezas, managing director at Morgan Stanley, analyzed the tax plans of presidential candidates Donald Trump and Kamala Harris on "Bloomberg The Close." Zezas highlighted key differences in their proposals, noting how Trump's plan focuses on tax cuts to spur economic growth, while Harris advocates for progressive taxation aimed at reducing inequality. He emphasized that these approaches reflect broader economic philosophies that could significantly impact voters and the economy in the upcoming election.
Google, the tech giant, has recently announced a round of layoffs, affecting hundreds of employees worldwide. The company is also shifting some roles abroad as part of its cost-cutting measures. This move has sent shockwaves through the tech industry, raising questions about the future of Google and its workforce. In this article, we will take ...
