• Mar 12, 2025

Larry Fink: ‘The economy is weakening as we speak’

Larry Fink, chief executive of BlackRock, the world’s largest asset manager, said Wednesday that the Trump administration’s barrage of policy changes is paralyzing American consumers and businesses — and that’s already hurting the economy.

  • Mar 12, 2025

Oil Buoyed as Bullish US Figures Ease Concern About Weak Demand

(Bloomberg) -- Oil extended gains as a stream of bullish data out of the US pointed to resilient domestic demand, even as trade strife continued to weigh on sentiment.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of ClosureWest Texas In

  • Mar 12, 2025

Lula Gets Blindsided as Brazil Inflation Jumps the Most in Years

(Bloomberg) -- Brazil’s Luiz Inacio Lula da Silva has weathered financial crises, corruption scandals and even a coup attempt. But now it’s the soaring cost of food that’s posing the biggest hazard for his presidency.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsInside the ‘Not Archite