News
America's human capital is eroding
2+ hour, 41+ min ago (503+ words) This column reflects the personal views of the author and does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the…...
US economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback
7+ hour, 35+ min ago (697+ words) A person shops at a grocery store in Schaumburg, Ill., Monday, Feb. 9, 2026. Credit: AP/Nam Y. Huh WASHINGTON " U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback…...
Asian shares advance, tracking a Wall St rally led by Nvidia
1+ day, 16+ hour ago (692+ words) Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank…...
Global shares advance, while most Asian markets are closed for the Lunar New Year
3+ day, 17+ hour ago (465+ words) TOKYO " European shares advanced Tuesday after a quiet day in Asia, where most markets were closed for Lunar New Year holidays. France's CAC 40 inched up 0.1% to 8,318.51, while Germany's DAX gained 0.2% to 24,845.47. Britain's FTSE 100 picked up 0.4% to 10,481.00. The future for the…...
Inflation slowed on Long Island, in NY area in January
1+ week, 2+ hour ago (607+ words) Inflation in the metropolitan area, including Long Island,slowedslightly as gas prices fell and housing costs cooled. Credit: Howard Simmons Consumer prices in the New York area, including on Long Island, rose in January at the slowest year-over-year pace since…...
Falling cocoa prices won't necessarily mean cheaper Valentine's Day chocolates
1+ week, 6+ hour ago (901+ words) A Valentine's Day box of chocolates is seen on a store shelf Friday, Jan. 16, 2026, in Nashville, Tenn. Credit: AP/George Walker IV Cocoa prices have fallen nearly 70% since last Valentine's Day, but that won't make heart-shaped boxes of chocolate or…...
CBO: Federal deficits and debt to worsen over next decade
1+ week, 2+ day ago (608+ words) The likeness of George Washington is seen on a U.S. one dollar bill, March 13, 2023, in Marple Township, Pa. Credit: AP/Matt Slocum WASHINGTON " The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by…...
Argentina's monthly inflation ticks up as Milei faces backlash over an outdated index
1+ week, 2+ day ago (994+ words) Diego Armando Custodio stands inside a coal sales market where he works in Buenos Aires, Argentina, Tuesday, Feb. 10, 2026. Credit: AP/Rodrigo Abd BUENOS AIRES, Argentina " Inflation in crisis-prone Argentina accelerated more than expected and for a fifth straight month in…...
Japan's top automaker Toyota names a new CEO after reporting drop in profits
2+ week, 13+ hour ago (504+ words) TOKYO " Japan's top automaker Toyota reported a 43% drop in quarterly profit Friday and announced that its chief financial officer, Kenta Kon, will become its new chief executive and president. Kon, a Toyota veteran, will replace Koji Sato in both roles…...
FACT FOCUS: Trump says tariffs have created an economic miracle. The facts tell a different story
2+ week, 16+ hour ago (997+ words) President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, April 2, 2025, in Washington. Credit: AP/Mark Schiefelbein WASHINGTON " Looking back on the first year of his second term, President Donald Trump…...