Bloomberg Business

South Korea Set for One More Rate Hike as Risks Mount

(Bloomberg) — The Bank of Korea is set to raise its key interest rate one more time on Friday, with policymakers then seen bringing their 18-month tightening cycle to a close amid rising concerns about the economic outlook. 

Republicans Bring Back Smoke-Filled Rooms on Capitol Hill

There’s a lot of history repeating itself in Congress this year — the House is in GOP hands, Democrats control the White House and Senate and there’s an inescapable stench of tobacco smoke in the Capitol’s hallways.

Migration Gets Short Shrift at Biden-AMLO Summit After Border Visit

(Bloomberg) — US and Mexican cabinet officials ran out of time before discussing migration in a formal meeting in Mexico City on Monday, according to people familiar with the matter, leaving a major issue between the countries largely unaddressed.

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