Bloomberg Business

Some Republicans favor an outsider to serve as the next US House speaker: Donald Trump.

The selloff in government bonds and the Federal Reserve’s tightening message is claiming another victim: the $8 trillion mortgage bond market.

Sam Bankman-Fried “lied to the world” as he built his cryptocurrency empire at FTX, telling only his friends and girlfriend the truth about what was happening, prosecutors said on the first day of a historic fraud trial.

Global markets remain on edge after a selloff in government bonds drove long-term borrowing costs in the US and Europe to the highest level in more than a decade.

Not be outdone by the right flank of his Conservatives, UK Prime Minister Rishi Sunak jumped into the culture wars raging from the US to Argentina and Poland.

President Joe Biden detailed $9 billion in new student-loan relief, saying it would provide a boost to the US economy as he sought to reassure Americans resuming payments that the administration is working to ease their debt burdens.

More than 75,000 Kaiser Permanente workers began striking Wednesday morning, threatening to interrupt one of the nation’s largest health-care providers and adding to a months-long series of labor disruptions across the US economy.

Shell Plc Chief Executive Officer Wael Sawan will meet with employees later this month to discuss his clean energy strategy amid internal anxiety over the decision to put a greater share of investment into fossil fuels.

General Motors Co. said a historic strike by the United Auto Workers has already cost $200 million in the first two weeks, prompting the company to secure credit as it braces for more losses.