Bloomberg Business

Stocks edged higher amid mixed corporate earnings and as traders parsed the latest data for clues on the outlook for inflation, economic growth and the Federal Reserve’s policy path.

US funds that choose stocks based on environmental, social and governance criteria posted outflows for the second consecutive quarter as investors fled to safer assets amid Federal Reserve rate hikes.

New York City’s subway system tallied 4 million rides on Thursday, a record high since the onset of the pandemic for the nation’s largest transit system.

Algonquin Power & Utilities Corp. has attracted Starboard Value LP after another activist investor publicly called for an asset sale on Monday, according to people with knowledge of the matter.

Chile delivered its long-awaited lithium policy late Thursday, giving the state a majority stake in all new contracts and sending shares in the two current producers in the South American nation — SQM and Albemarle Corp. — tumbling.

Oil set its first weekly loss in a month after erasing most of the gains stemming from OPEC+’s surprise output cut.

Former President Donald Trump is girding to take a swing at Florida Governor Ron DeSantis on one of the things his chief rival is proudest of: his handling of his state’s economy.

House Speaker Kevin McCarthy is coming up short in support for his first big legislative effort, a bill tying a debt ceiling increase to spending cuts, risking serious damage to both his stature and the US economy.

Three dozen of the largest US banks and the groups who represent them increased spending on lobbying Congress by 19.3% last quarter as fears of a banking contagion spread.