Bloomberg Business

Tim Scott plans to make his 2024 presidential run official, after the South Carolina US senator tested the waters with an exploratory committee earlier this month.

The Pentagon came under new pressure to explain why it failed to catch the airman accused of leaking classified information after prosecutors revealed that he had accessed secrets with no link to his job and posted online about violent fantasies such as killing the “weak minded.”

As guarded as the reception has been to Wall Street’s new fear gauge, the one-day VIX does appear to offer an interesting glimpse into a potential shift in the psychology of investors.

Increased federal defense spending has been helping to prop up a slowing US economy over the last year since Russia invaded Ukraine, according to gross domestic product figures published Thursday.

US equities rose the most since January, while Treasuries retreated, after solid earnings from technology companies blotted out the impact of a report showing slowing economic growth and higher-than-forecast inflation.

Internap Holding, a data firm doing business as Inap, is preparing to file for bankruptcy a second time and give lenders control of the company.

For US policymakers who have struggled to contain the month-old banking crisis, there are encouraging signs that investor confidence in regional banks may be starting to recover, at least for now.

US National Security Advisor Jake Sullivan said that the Biden administration is working to “de-risk,” not “decouple,” from China, making the case that the administration’s industrial strategy is crucial to competing with its geopolitical rival.

The Air National Guardsman charged with the most damaging intelligence disclosures in a decade tried to cover his tracks by destroying computer equipment and warning an online gaming associate to delete their messages and not talk to investigators, US prosecutors said.

A California judge presiding over a wrongful death lawsuit against Tesla Inc. found it “deeply troubling” that the electric-car maker claims videos of Elon Musk touting Autopilot may not actually be real.