Bloomberg Business

Trump Used Records Requests to Get Look Behind Scenes of Talks Over His Taxes

Donald Trump demanded reams of information from the Internal Revenue Service as it was preparing to turn over his personal tax returns to a congressional committee, papering the agency with a deluge of Freedom of Information Act requests in search of a behind-the scenes look at its deliberations, new documents show.

FAA Adds Safeguards to US Flight System to Prevent New Outages

The US government has added new protections to the aviation notice system that led to thousands of disruptions earlier this month in an attempt to prevent such failures in the future, the Federal Aviation Administration told lawmakers.

Yellen Sees Low Inflation as More Likely Long-Term Challenge

US Treasury Secretary Janet Yellen said persistently weak inflation is likely to return as a long-term challenge for the economy and policymakers once pandemic-era distortions behind the recent surge subside and prices cool.

EU Seeks to Simplify Rules in Global Race to Boost Clean Tech

The European Union is seeking to rapidly accelerate production of clean technologies by offering tax credits and domestic subsidies to companies in a bid to catch up with US President Joe Biden’s landmark green package.

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