While visiting a military base, Russian President Vladimir Putin also said F-16 fighter jets supplied to Ukraine by allies will be shot down by Russia. Ukraine expects the jets to arrive this summer. Photo: Mikhail Metzel/Associated Press
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
In an expression of disapproval on social media, prominent real estate investor Grant Cardone scrutinized President Joe Biden's proposed hike in capital gains tax in a recent X post. "Biden proposes 44.6% capital gains tax, from current 19%," Cardone posted. "Can't even come up with his own ideas taking a page out of Trudeau playbook who raised Canada to 66%." Cardone then invoked historical political outcomes, writing, "And he ignored how that played out for the last guy who tried it — the enti
The cigarettes account for one-third of all sold in the U.S. and are predominantly consumed by Black and Hispanic smokers.
As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely.
After preparing for a recession, and hoping for a soft landing, the U.S. might end up in an unexpected bout of stagflation.
(Bloomberg) -- A cause celebre is ringing out across Harvard Yard, Columbia’s South Lawn, Yale’s Beinecke Plaza and UC Berkeley’s Sproul Plaza: Disclose and divest. Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldThe Long, Slow Death of Urban NightlifeApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchAnd university
The White House is reversing course after weighing the health benefits of the ban against the political risk of angering Black voters.
(Bloomberg) -- A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest
TikTok is in the crosshairs of authorities in the U.S., where new law threatens a nationwide ban unless its China-based parent ByteDance divests. TikTok is already banned in a handful of countries and from government-issued devices in a number of others, due to official worries that the app poses privacy and cybersecurity concerns. TikTok has long maintained that it doesn’t share data with the Chinese government and its CEO has taken a defiant stance, vowing to fight back.