A major winter storm will drag its way across the central and eastern US through Wednesday, but there is little hope for New York City, Philadelphia or Washington to end long-standing snow droughts.
Global high-grade debt markets are blazing a path to a record rally and companies have sold more than $400 billion of bonds in January alone.
Treasury Secretary Janet Yellen advised Congress that her department is deploying an additional accounting maneuver to avert breaching the federal debt limit.
The German government expects Europe’s biggest economy to grow by 0.2% this year instead of the 0.4% contraction it predicted in October, according to people familiar with new forecasts to be published Wednesday.
(Bloomberg) — El Salvador’s Bitcoin-touting President Nayib Bukele said the nation fully repaid a maturing foreign bond, staving off default after securing a last-minute loan and buying back millions of dollars of its own debt.
Saudi Aramco’s early-stage investment fund is backing a Japanese startup that develops software for drones, as the world’s biggest oil company pursues new technologies.
Johnson & Johnson forecast stronger earnings for 2023 than analysts were expecting as executives promised a momentum boost in the second half of the year with more product launches.
A legal battle over police raids on the British tax haven of Jersey has helped show how authorities moved to investigate holdings linked to sanctioned billionaire Roman Abramovich in the months after Russia invaded Ukraine.
Humana Inc., UnitedHealth Group Inc. and other big insurers are set for a clash with US officials over up to $3 billion in potential penalties for the industry threatened by an obscure, years-late regulation.
The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance over the digital advertising market, according to people familiar with the matter.
