Bloomberg Business

Meta Platforms Inc. intercepted a Chinese influence campaign it described as the “largest known cross-platform covert influence operation in the world,” the company said Tuesday.

The FBI said Tuesday that it has taken down a network of hacked devices responsible for extorting tens of millions of dollars from victims around the world.

In antitrust circles, Joshua Wright was a star. A former Federal Trade Commission member, he consulted for Alphabet Inc.’s Google and Amazon.com Inc. and worked with prominent law firms, the Federalist Society and GOP donors like Peter Thiel. From 2015 until last year, Wright directed faculty hiring at George Mason University’s law school, which has positioned itself at the center of the conservative legal universe.

Argentina’s central bank expects monthly inflation in August to have accelerated to almost double the pace of July after the government devalued the peso, two officials said in another sign the economy is quickly deteriorating.

A television crew reporting on a series of robberies in a Chicago neighborhood got to experience the crime wave firsthand.

Ozempic, Novo Nordisk A/S’s popular diabetes drug that’s also used for weight loss, could be one of the next drugs to have its price slashed in bargaining with the US government.

A San Francisco redevelopment agency is borrowing $60 million in the municipal bond market this week to help finance affordable housing in a city that has some of the highest rents in the nation and is suffering from an exodus of people.

Many Americans take pride in their home state — but Texans are more likely than anyone else to settle down there.

Miami Mayor Francis Suarez is the first candidate to drop out of the 2024 Republican presidential contest, suspending his bid after being left off the stage in the party’s first presidential debate.

Goldman Sachs Group Inc. agreed to pay $5.5 million to settle a US regulator’s allegations that it failed to fully record and retain thousands of phone calls.