Bloomberg

The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol — but delayed the shift until next year amid concerns a too-rapid transition could spur gasoline price spikes this summer.

Environment |
Biden grants gasoline policy shift to boost ethanol in corn belt

February 23, 2024 at 6:00 a.m.

The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol — but delayed the shift until next year amid concerns a too-rapid transition could spur...

Here are five airport innovations you’ll be seeing before yearend.

Transportation |
5 airport innovations coming in 2024, from facial recognition to prebooked security time slots

March 5, 2024 at 11:48 a.m.

Here are five airport innovations you’ll be seeing before yearend.

Chicago Fed President Austan Goolsbee’s comments come a day after a closely watched inflation measure rose by more than forecast in January.

Fed’s Goolsbee says inflation can be a bit higher, still on path to 2%

February 14, 2024 at 2:30 p.m.

Chicago Fed President Austan Goolsbee’s comments come a day after a closely watched inflation measure rose by more than forecast in January.

New Chicago Fed index sees more moderate gain in January retail sales

February 14, 2024 at 2:29 p.m.

The index estimates that retail sales excluding motor vehicles and parts will rise 0.2%, in line with the median forecast in a Bloomberg survey.

Some Fed officials indicated they not only want the decline in inflation to continue but also to broaden to housing and other services.

Fed officials eye ‘broadening’ disinflation as new rate-cut test

February 12, 2024 at 5:25 p.m.

Some Fed officials indicated they not only want the decline in inflation to continue but also to broaden to housing and other services.

Morgan Stanley says firms are focused on costs like never before

February 12, 2024 at 2:08 p.m.

The rising focus on cost control comes as firms position to protect margins amid hopes for a soft economic landing.

US Defense Secretary Lloyd Austin was admitted into critical care late Sunday with an apparent bladder issue, after being hospitalized for the second time in a month.

National News |
Pentagon chief Lloyd Austin admitted to critical care unit in hospital

February 12, 2024 at 1:22 p.m.

US Defense Secretary Lloyd Austin was admitted into critical care late Sunday with an apparent bladder issue, after being hospitalized for the second time in a month.

US imposes drone sanctions in fresh bid to squeeze Iran

February 2, 2024 at 3:55 p.m.

(Bloomberg) -- The US imposed a raft of sanctions targeting Iran’s ballistic-missile and drone programs as well as its ability to wage cyber warfare against the US.

Business |
US targets banks’ billions of dollars in overdraft fees

November 28, 2023 at 7:34 p.m.

A top US consumer watchdog is preparing to make it much harder for banks to charge clients overdraft fees — setting up a clash with financial firms over billions of...

Business |
CVS, Walgreens pharmacists plan to walk out over work conditions

October 31, 2023 at 7:34 p.m.

After brain surgery to remove a tumor, Robert Senter must take daily medication to prevent violent seizures. But it's often hard to get his refills on time at the CVS...

All Stories