Articles filed under Bloomberg
-
Lumber duties fail to stop price slump as housing demand faltersSep 24, 2025 4:02 pm - When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have plunged, and mills on both sides of the border are scaling back.
-
Internship hunt starts earlier as students, parents stress over jobsSep 17, 2025 10:02 am - As a new cohort of college freshmen settles onto campuses, many students aren’t just thinking about classes and dorm life. Aiming for an edge in a tough job market, and anxious about how artificial intelligence will reshape entry-level work, they’re racing to land internships — armed in some cases with early-career coaches provided by their parents.
-
US homebuilder sentiment stays low despite mortgage rate dropSep 17, 2025 9:55 am - Sentiment among U.S. homebuilders remained at one of its lowest levels in years this month, underscoring the deep freeze in the housing market despite a recent drop in mortgage rates.
-
‘We can change the trajectory now’: Chicago budget leaders float cuts and fee hikes to fix deficitSep 16, 2025 10:49 am - Chicago Mayor Brandon Johnson’s budget working group has given him dozens of options — including furloughs, hiring freezes, fee increases and a property tax hike tied to inflation — to choose from as he works to close a $1.15 billion deficit for next year.
-
Tech stocks are doing so well investors are starting to worrySep 11, 2025 2:47 pm - Technology stocks are rising so far, so fast that some investors are starting to position for the move to lose momentum.
-
Over 450 economists back Cook, Fed independence in open letterSep 02, 2025 4:00 pm - Prominent economists are rallying behind Federal Reserve Gov. Lisa Cook after President Donald Trump moved to fire her based on allegations that she committed mortgage fraud.More than 450 economists signed an open letter backing Cook, saying there is a high bar for removing Fed governors and that elected officials should refrain from actions and rhetoric that erode the central bank’s independence.
-
US core capital goods orders rise, exceeding all forecastsAug 26, 2025 8:46 am - US orders for business equipment increased in July by more than projected, suggesting companies are moving forward on investment plans as some of the trade and tax policy uncertainty gradually diminishes.
-
Renewables battling climate change now need to insure against itAug 20, 2025 10:44 am - Solar and wind energy companies are betting on a novel form of insurance to protect their assets against wild and volatile weather — the very type of climate risk they were set up to fight.
-
Lindt weighs making chocolate bunnies in US as Trump tariffs hitAug 17, 2025 11:00 am - Swiss chocolatier Lindt & Spruengli AG may shift production of its world-famous, gold-wrapped Easter bunnies to the U.S. to sidestep import tariffs imposed by the Trump administration.
-
Ukraine attacks Russian refinery with Trump, Putin set to meetAug 15, 2025 9:07 pm - Ukraine attacked another Russian refinery just as Vladimir Putin and Donald Trump are poised to meet in Alaska on Friday to discuss a potential ceasefire. The strike on t...