Bloomberg Business

Trump Heads to Court to Start Fighting Espionage Act Charges

Donald Trump is due in a Miami federal court Tuesday afternoon to face charges alleging he jeopardized national security by violating the Espionage Act, even as he leads the Republican field for next year’s presidential race.

China Shifts to Stimulus Mode With Xi’s Options Dwindling

China is ramping up policy stimulus to boost its faltering economy, although soaring debt levels and concerns about financial stability mean the measures are likely to be limited compared with support packages in previous downturns.

US Inflation Rate Drops to Just 2.4% in New England: Map

The inflation rate fell to just 2.4% in New England last month, the lowest for any US region in more than two years, according to Bureau of Labor Statistics data published Tuesday. All regions saw sharp decreases in inflation in May. In the West South Central area, which includes Texas, the headline annual rate fell 1.5 percentage points to 3.3%, while the decline was 1.4 percentage points in East North Central and New England, taking the annual rates to 4% and 2.4% respectively. Consumer prices

Odey’s Firm Fights for Survival After Split With Founder

Odey Asset Management is grappling with the complexities of splitting up with the man whose name is on the door while early signs indicate clients and business partners aren’t waiting around to find out.

Once-High-Flying Crypto Funds Are Hardly Drawing Any Investor Attention

The cryptoverse has seen what seems like a lifetime of ups and downs already this year, yet activity in products linked to the industry have been nearly nonexistent, with analysts saying that investors have abandoned the sector without plans to come back anytime soon.

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