Bloomberg Business

Canadian dockworkers and their employers remained deadlocked as a strike crippling West Coast trade entered its fifth day, threatening the country’s economy.

Federal Reserve Bank of New York President John Williams said policymakers’ projections show they think more work is needed on interest rates to get inflation back down to 2%.

BP Plc and Chubu Electric Power Co.’s carbon capture and storage project for Japan’s busiest port could be expanded into the largest such facility in the country, potentially requiring trillions of yen in investment, according to an executive at the Japanese utility.

Malaysia will likely keep its benchmark interest rate unchanged on Thursday, as nine months of easing inflation coupled with the central bank’s recent ringgit intervention provide some reprieve for the new governor.

Some Federal Reserve officials suspect that robust gains in payrolls may be overstating the strength of the labor market.

Former President Donald Trump raked in more than $35 million in the second quarter as his army of small-dollar donors rallied to his side even as his legal woes mounted.

BlackRock Inc. Chief Executive Officer Larry Fink called Bitcoin an “international asset” and said the money manager wants to use its heft to make it less expensive and easier to invest in the cryptocurrency.

Eli Lilly & Co. became the world’s biggest health-care company by market value, surging ahead of health insurance giant UnitedHealth Group Inc.

SVB Financial Group, the bankrupt former owner of Silicon Valley Bank, won court permission to sell its investment banking arm for $100 million, four years after it paid $280 million for the unit.

Yields on US Treasuries climbed while stocks slipped as traders digested commentary from Federal Reserve officials’ last meeting.