macro

Rising prices are fueling a backlash against the government even as they signal a new era of economic dynamism after years of deflation. Bloomberg's Shery Ahn has more. (Source: Bloomberg)

Gold was little changed after retreating below $4,400 an ounce, as traders weighed the Federal Reserve’s interest-rate path and prospects for a deal to reopen the Strait of Hormuz.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec. (Source: Bloomberg)

It’s hard to say what’s a fair price for a good burrito, but the costs of its ingredients are going up.

The tax championed by Mayor Zohran Mamdani has drawn the ire of President Donald Trump, who said it must be stopped and vowed to explore federal options.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec. (Source: Bloomberg)

It’s hard to say what’s a fair price for a good burrito, but the costs of its ingredients are going up.

Bloomberg has learned Japanese Prime Minister Sanae Takaichi's government is supportive of a near-term rate hike by the Bank of Japan, with the next move likely either in September or October. This is after the yen edged closer to the key 160-per-dollar level. Mahjabeen Zaman, ANZ’s Head of FX Resea

Gargi Chaudhuri, chief investment and portfolio strategist, Americas at BlackRock, and Matt Wrzesniewsky, head of fixed income client portfolio management at Vanguard, join Emily Graffeo on "Real Yield." (Source: Bloomberg)

Federal Reserve Board issues enforcement action with former employee of Regions Bank