Business News

Senate GOP Won't Push To Block ZTE From Buying US…

Blocking ZTE from buying U.S. goods would likely have put it out of business.

Netflix unveils first 8 Shonda Rhimes projects…

Netflix announces the first of 8 shows Shonda Rhimes and her company are producing for the streaming giant

AP FACT CHECK: Trump offers skewed view of farm…

AP FACT CHECK: Trump promotes a lopsided view of farm trade

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Your Parents' Financial Success Might Determine…

Statistics aren't destiny, but your economic success is likely to be similar to your parents'.

Business Highlights

Business Highlights

Tenneco Announces Quarterly Dividend

Trump Criticized Federal Reserve For Raising…

The Fed's stated goal is to keep the economy steadily growing and avoid inflation.

How major US stock indexes fared Friday

US stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends

Fed More Likely to Hike to Prove Independence…

Jul.20 -- University of Rochester Professor and Bloomberg Opinion Columnist Narayan Kocherlakota weighs-in on President Donald Trump's comments about Federal Reserve monetary policy and Federal Reserve Chairman Jerome Powell's message to Congress earlier this week. He speaks on "Bloomberg Daybreak: Americas." His opinions are his own.

Comcast Drops Out Of Bidding War For 21st Century…

Comcast had been in a bidding war with Disney for Fox's entertainment assets.

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MGM banks on never-used anti-terrorism law in…

The unprecedented move from MGM Resorts International to sue hundreds of victims of last year's mass shooting in Las Vegas relies on an obscure U.S. law never tested in court

ING Says Trump's Fed Intervention Sows `Seeds of…

Jul.20 -- ING Bank FX Strategist Viraj Patel discusses President Donald Trump's intervention on Federal Reserve policy and its impact on the dollar. Bloomberg's Marty Schenker also speaks on "Bloomberg Surveillance."

Stocks end slightly lower as traders shrug off…

US stocks finish slightly lower as a jump in bond yields helps banks but hurts big-dividend stocks

2 Senators Want To Block Trump's Auto Tariffs

The two senators are from Tennessee and Alabama, which are both hubs for the auto industry.

National rig count decreases by 8 to 1,046; Texas loses 5

The number of rigs exploring for oil and natural gas in the U.S. decreased by 8 this week to 1,046

Recession Is Not Very Imminent in U.S., Says…

Jul.20 -- Geraldine Sundstrom, managing director and head of asset allocation at Pimco, discusses the flattening yield curve in the U.S. and the possibility of a recession. She speaks on "Bloomberg Markets: European Open."

Microsoft and Honeywell rally while Skechers and GE slip

Microsoft and Honeywell International rise while Skechers USA and General Electric drop

Ford Recalls About 550,000 Vehicles That May Roll…

Ford says some Fusions and Escapes may indicate they're in park even when they're not.

Markets Right Now: Stocks end slightly lower on Wall Street

Stocks are ending slightly lower on Wall Street but still managed to eke out a small gain for the week.

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June CPI Another Heartbreaker for BOJ, Says…

Jul.19 -- Izumi Devalier, head of Japan economics at Bank of America Merrill Lynch, discusses Japan's June CPI data and what it means of the economy. She speaks on "Bloomberg Daybreak: Asia."

Facebook suspends Boston analytics firm over data…

Facebook says it has suspended a Boston-based analytics firm while it investigates how it collects and shares Facebook and Instagram's user data