Bloomberg Business

SALT Tax Break Gets Fresh Push From New York-Area Republicans

New York Republicans, whose congressional ranks swelled in the last election, are reviving plans to expand the state-and-local tax break, picking up a piece of unfinished business from Democrats that has been resisted by most in their own party.

BlackRock to Sell $114 Billion of Failed Banks’ Securities

BlackRock Inc. was hired by US regulators to help sell $114 billion in securities it amassed from failed lenders Signature Bank and Silicon Valley Bank, returning the asset-manager to its role as an adviser to the government in times of crisis.

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