Bloomberg Business

El Niño is already making its mark in the Philippines in more ways than one, helping accelerate a slide in the nation’s bonds that were once Asia’s hottest.

(Bloomberg) — House Republicans on Wednesday added hot-button culture war amendments to a critical defense policy bill, alienating Democrats and jeopardizing its passage as well as putting GOP lawmakers from more moderate districts in peril.

The US Federal Trade Commission has opened an investigation into OpenAI Inc., questioning whether its popular ChatGPT conversational AI bot puts consumers’ reputations and data at risk, according to a person familiar with the matter.

Australia’s government will not reappoint Philip Lowe as Reserve Bank governor, as widely anticipated, seeking a circuit-breaker as criticism of the central bank’s performance mounts.

Peru held interest rates at a 22-year high on Thursday as policymakers wait for more evidence that inflation is slowing decisively toward its target.

Thai senators appointed by the army blocked pro-democracy candidate Pita Limjaroenrat from becoming prime minister in the first vote since his party won the most seats in a May election, raising political tensions as the nation struggles to end nearly a decade of military-backed rule.

Former President Donald Trump provided more details on his sprawling financial empire, including his crypto wallet, speaking fees and the income he received from the sale of his Washington, D.C., hotel in a revised financial disclosure form.

The first half of 2023 proved to be a washout for some of the world’s biggest macro traders as they struggle to recoup losses sparked by volatile bond markets.

A group of Twitter Inc.’s former top executives say the struggling social-media platform owes them more than $1.6 million for legal fees and they want a judge to force new owner Elon Musk to pay that tab now.