Why a US Recession Is Still Likely — and Coming Soon
The government is staying open for now. But Bloomberg Economics sees risks ahead, from strikes to higher rates and oil prices.
Bloomberg Business
‘Trumpiest Congressman’ Matt Gaetz Is Taking Aim at House Speaker
A moment of truth has arrived for House Republicans, and it isn’t surprising that Matt Gaetz, the far-right Florida congressman and booster of former President Donald Trump, is the man behind it.
Jindal Steel & Power Denies It Agreed to Invest in Venezuela
India’s Jindal Steel & Power Ltd. says it hasn’t signed an agreement or committed to any financing in Venezuela.
DeSantis Says He Wouldn’t Be Trump’s 2024 Running Mate If Asked
Florida Governor Ron DeSantis said he wouldn’t accept any offer to be Donald Trump’s 2024 running mate.
PwC Australia Tax Scandal’s Impact on Firm Governance: Explained
The Australian arm of PricewaterhouseCoopers has pledged to boost its corporate governance controls in response to firm-commissioned reviews faulting its culture for a leak of government tax plans.
Fed and ECB Tread Hopefully Into Final Stretch of 2023
Policymakers from Washington to Frankfurt head into the final quarter of 2023 with tentative grounds for optimism that their fight against inflation is making progress.
Polish Opposition Takes to the Streets to Energize Campaign
Polish opposition supporters jammed the streets of Warsaw two weeks before an election pitting pro-European parties against the ruling nationalists who are making a bid for a third term in office.
Ackman Considers Musk’s X for New Investment Vehicle, WSJ Says
Billionaire Bill Ackman would be interested in pursuing a deal with Elon Musk-owned X Corp. as part of a new investment vehicle, the Wall Street Journal reported.
Ukraine Recap: US Aid for Kyiv at Risk; Slovakian Election
Ukraine said five ships are heading to its Black Sea ports for loading, while three others have sailed with cargoes, as Kyiv seeks to overcome Russia’s blockade of its commodity exports that started two months ago when Moscow pulled out of a key grain deal.
Pro-Russia Fico Wins Election in Slovakia in Blow to Ukraine
A former prime minister who’s derided the European Union’s sanctions against Russia and pledged to end military aid to Ukraine won Slovakia’s election, delivering a fresh blow to Western unity.
