Sign In
Free Newsletter
Recent Articles from Bloomberg
Jobless benefits won’t lapse after Trump’s delay, Labor Dept. says
Unemployed people claiming federal benefits won’t see a one-week gap in their payments despite the delay in President Donald Trump signing the program extension into law, according to the Department […]
Fed extends Main Street program to process last submitted loans
The Federal Reserve has delayed the termination of the Main Street Lending Program to Jan. 8, from Dec. 31, in order to finish processing loans submitted by a Dec. 14 […]
Mnuchin urged by Democrats to stand down on Fannie, Freddie
Democratic lawmakers Maxine Waters and Sherrod Brown have a message for Treasury Secretary Steven Mnuchin: Stand down on making big changes to Fannie Mae and Freddie Mac before the Trump […]
Fast-tracked bankruptcies leave some creditors in the dark
Lenders to deeply distressed companies are calling the shots in big corporate bankruptcies so far in advance that some cases are practically over before they get started. Investment firms and […]
Short sellers got crushed in 2020 as Tesla, Moderna soared
Short sellers won some high-profile victories this year with the collapse of payments firm Wirecard and hospital operator NMC Health. Otherwise, 2020 is shaping up to be the worst year […]
Virus shouldn’t be Biden’s sole economic focus
Three formidable challenges await President-elect Joe Biden’s new chief economic adviser. The first involves the short term, steering the U.S. economy from Inauguration Day to the point that the COVID-19 […]
Jobs report preview: US hiring holds up while threats multiply
U.S. employment gains probably slowed only modestly in November despite a record surge of coronavirus cases that still threatens to limit or even reverse hiring in coming months. Friday’s jobs […]
Cyber Monday expected to hit pandemic-fueled $12.7B record
Online shoppers in the U.S. were expected to drop a record-busting $12.7 billion on Cyber Monday — the busiest e-commerce day of the year — presenting a valuable opportunity for […]
Yellen may restore Treasury-Fed cooperation, with eye on GOP
As Treasury secretary, Janet Yellen is almost certain to pursue tighter coordination with the Federal Reserve next year — repairing recent frictions — though observers say she will be careful […]
States suing Purdue Pharma press for confidential Sackler documents
States suing Purdue Pharma over the marketing of its OxyContin painkiller are demanding access to confidential documents as part of a probe into whether some members of the billionaire Sackler […]
Sinclair writes down its sports networks by $4.23B
Hunt Valley-based Sinclair Broadcast Group Inc. wrote down the value of its regional sports networks by $4.23 billion, an admission that it grossly overpaid for cable channels hobbled by cord […]
US companies add fewer jobs than forecast, ADP report shows
U.S. companies added fewer jobs in October than forecast, a private report showed, indicating the absence of additional fiscal stimulus is prompting some firms to adjust payrolls as the pandemic […]
