Bloomberg Business

Americans are cutting back on personal hygiene products in a troubling sign for the US economy and consumer-focused companies.

US state pension funding levels have rebounded, boosted by a rally in domestic and international stocks in the first half of 2023.

A Canadian pipeline hailed as a cheap and speedy way to send oil to Asia is set to become a $15 billion (C$20 billion) taxpayers’ headache and an expensive option for exporters thanks to cost overruns.

Walt Disney Co.’s Bob Iger, Amazon.com Inc.’s Jeff Bezos and OpenAI Chief Executive Officer Sam Altman are expected to attend panel discussions and chat with fellow moguls as issues such as the rise of artificial intelligence and the future of streaming take center stage at investment bank Allen & Co.’s annual conference.

Shares in Marti Technologies Inc., the first Turkish entity to list in New York via a merger with a blank-check company, slumped on their first day of trading, showing that appetite for deals involving special purpose acquisition companies remains lackluster.

The UK government wants to get rid of European Union restrictions on the short-selling of UK government bonds, part of a broader post-Brexit divergence from the bloc.

Former Citadel portfolio manager Vince Aita’s new Cutter Capital Management, backed by two institutional investors, has begun trading with $275 million.

US military veterans living in areas with a history of economic discrimination face an increased risk of death, according to a study that adds to the evidence of social factors’ impact on health.

The cost of insuring Turkey’s bonds against default sunk after President Recep Tayyip Erdogan agreed to stop blocking Sweden’s bid to join the NATO military alliance, reducing geopolitical tensions weighing on the country.

People with big gardens could be made to pay higher water bills, the boss of a major UK utility said.