Bloomberg Business

Wall Street Spreads New Year Cheer With Upbeat Davos Outlook

After a year that brought a surprise surge in interest rates, the biggest stock drop since 2008 and a halt to major deals, plenty of finance executives lined up at the World Economic Forum’s annual meeting to say they now see reasons to be upbeat.

Macron Faces Prolonged Battle Over Pensions as Unions Dig In

The biggest protest of Emmanuel Macron’s time in office is setting the stage for a prolonged, legacy-defining battle over pension reform for the French president as neither he nor labor unions are leaving room for compromise.

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