Articles filed under Bloomberg
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Trump order seeks to tap coal power in quest to dominate AIApr 08, 2025 7:56 am - President Donald Trump is moving to expand the mining and use of coal inside the US, a bid to power the boom in energy-hungry data centers while seeking to revive a declining US fossil fuel industry.
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Walgreens tops profit estimates as health-care unit improvesApr 08, 2025 7:51 am - Walgreens Boots Alliance Inc. reported quarterly profit that exceeded Wall Street’s expectations, marking a strong performance in what is likely one of its last quarters as a public company.
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OPEC+ stuns oil market with policy shift to drive down priceApr 04, 2025 1:19 pm - For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments last week, that role reversed dramatically.
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Trump tariffs set to wipe out nearly $2 trillion from US stocksApr 03, 2025 8:26 am - Roughly $1.7 trillion is set to be erased from the S&P 500 Index when trading opens Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.
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US automakers make mad dash to push Trump to temper tariffsApr 01, 2025 7:12 am - U.S. automakers are making a last-ditch effort to sway the Trump administration on tariffs set to take effect this week, contending that levies on the thousands of parts they source abroad could have catastrophic effects on the industry.
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Slow US tax collections spark angst about debt ceiling X-dateMar 31, 2025 8:29 am - Tax collection projections are down. Refunds are up. That’s a formula that could dampen U.S. government revenue and, if it persists, portend an earlier deadline for Congress to raise the debt ceiling — or risk a federal payments default.
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Elon Musk is one of the few winners from Trump auto tariffsMar 27, 2025 7:05 am - Donald Trump’s planned tariffs on auto imports will hurt carmakers around the world and push up prices for US consumers. Among the many losers, one winner stands out: Elon Musk’s Tesla Inc.
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Trump promised an American boom. He now says it may take a while.Mar 22, 2025 1:27 pm - President Donald Trump said his first day in office marked the start of a “golden age” for the U.S. He and his advisers now say it could take months or longer to arrive.
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Wine connoisseurs freeze purchases over Trump’s 200% tariff riskMar 21, 2025 1:44 pm - Wine enthusiast Steven Nordhoff typically spends about $25,000 a year adding to his 2,500-bottle collection, with Bruno Giacosa reds from Italy or Vilmart champagnes from France. But not now.
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There’s a total lunar eclipse Thursday, Friday. Will clouds block your view?Mar 13, 2025 5:49 pm - The entirety of North and Central America, and much of South America, will experience a total lunar eclipse in the overnight hours beginning late Thursday into Friday. Th...