Bloomberg Business

Norfolk Southern Told to Pause Ohio Train Debris Removal by EPA

Norfolk Southern Corp. was ordered by federal officials to pause waste removal at the site of the East Palestine, Ohio, train derailment to ensure safe disposal subject to Environmental Protection Agency approval, a regional EPA administrator said on Saturday.

BlackRock Says Bond Yields Offer Chance to ‘Fix’ the 40 in 60/40

Investors have poured more than $20 billion into US fixed-income exchange-traded funds so far this year. As the dust settles from the bond market’s worst year on record, ETFs focused on safe and simple Treasuries have attracted the bulk of the money. Stephen Laipply, the US head of fixed-income ETFs at BlackRock, explains this state of affairs on the latest episode of the “What Goes Up” podcast.

Argentina to Change IMF Net Reserve Target for Third Time

Argentine officials intend to lower a key target in the country’s $44 billion agreement with the International Monetary Fund as a severe drought weakens the economic outlook, according to an Argentine government official.

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