Articles filed under Bloomberg
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U.S. consumer borrowing climbs on bigger credit card balancesJul 08, 2019 1:00 am - U.S. consumer debt climbed in May at about the same pace as a month earlier, led by the largest advance in revolving debt outstanding since October, suggesting Americans...
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Deutsche Bank plans radical cuts after CEO runs out of optionsJul 08, 2019 1:00 am - The kind of radical move made by Deutsche Bank Chief Executive Officer Christian Sewing has been on the table for years in Frankfurt. But when it came to making a decisi...
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Elon Musk's satellites dot the heavens, leaving stargazers upsetJul 08, 2019 1:00 am - Two days after Elon Musk's SpaceX launched 60 satellites in May as part of a mission to bring quick internet service to people worldwide, astronomers noticed something d...
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Cannabis ETFs face a 'day of reckoning' that even 30% gains can't avertJul 08, 2019 1:00 am - There may be trouble ahead for the growing number of exchange-traded funds that invest in cannabis companies. Pot ETFs face a "day of reckoning" within the next couple o...
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FTC to ask about disabling YouTube ads for kids' privacyJul 08, 2019 1:00 am - The chairman of the Federal Trade Commission asked children's privacy advocates whether having video creators on YouTube disable ads could resolve concerns the site is v...
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U.S. jobs gain of 224,000 tops forecasts, dilutes Fed's interest-cut caseJul 05, 2019 1:00 am - U.S. hiring rebounded in June and topped all estimates of economists, a sign of labor-market strength that may ease calls for a Federal Reserve interest-rate cut. Stocks...
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Why there migth be cause for concern with U.S. labor marketJul 05, 2019 1:00 am - As the U.S. election cycle gets underway, expect much debate over just how strong the economy really is after becoming the longest uninterrupted expansion in America's h...
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Arizona withdraws Nike incentives after flag sneaker is pulled from storesJul 02, 2019 1:00 am - Arizona Gov. Doug Ducey, a Republican, is firing back at Nike after the shoe company said it was pulling Fourth of July sneakers from stores because they feature a "Bets...
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Hedge fund sues Pritzker to void $14 billion of Illinois debtJul 01, 2019 1:00 am - A hedge fund run by a protege of Appaloosa Management's David Tepper and the chief executive officer of a conservative think tank sued Illinois Gov. J.B. Pritzker, sayin...
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Facebook to ban census interference to allay worriesJul 01, 2019 1:00 am - Facebook will ban content that misrepresents the 2020 U.S. census to suppress participation by minority communities, the latest step by the social media company to quell...