Bloomberg Business

Trump 2020 Fraud Backer Sidney Powell’s Texas Ethics Case Tossed

A Texas judge has tossed out a disciplinary case against attorney Sidney Powell, finding state bar regulators failed to present enough valid evidence to keep alive claims that she violated ethics rules by filing frivolous post-election lawsuits.

Powell’s Key Price Gauge Climbs in Disinflation Disappointment

(Bloomberg) — The inflation gauge that Federal Reserve Chair Jerome Powell has said “may be the most important” climbed by the most since late 2021 in January, raising pressure on policymakers to keep on hiking interest rates.

Mexican States Woo Tesla as AMLO Makes His Own Pitch

Ever since Elon Musk flew to Mexico to visit the northern state of Nuevo Leon in October, rumors have swirled about where Tesla Inc. will end up building its plant — and whether another state might snatch away the investment.

US New-Home Sales Climb to Highest Level in Almost a Year

Sales of new US homes increased in January by more than expected to the highest level in nearly a year, fueled entirely by purchases in the South, indicating some stabilization in the housing market after a brutal year.

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