Business Rundown: The President's Latest Tari...

Amid America's ongoing drug epidemic, lawmakers on Capitol Hill have emphasized the need to prevent drug smuggling efforts and make narcotics like fentanyl harder to get. Now, the FDA has approved the over-the-counter sale of Narcan, a drug used to treat and reverse opioid overdo ...  Show more

A large leak at the Trinseo Altuglas chemical facility in Bristol County, Pennsylvania spilled thousands of gallons of a water-based latex emulsion into the Delaware River, sparking concerns about the safety of Philadelphia’s drinking water. While experts insist the city’s tap wa ...  Show more

Yesterday’s US consumer price data provoked some unease in bond markets. This is mainly the fault of Federal Reserve Chair Powell—not because Powell’s policies drove inflation higher, but because Powell’s “data dependency” mantra means markets overreact to any data point. Egg pri ...  Show more

We close out the trading week by assessing the latest round of jobs data, and what the numbers indicate about the health of the US labor market. Plus, take an inventory of tariff announcements, preview next week’s inflation readings, and reflect on recent equity market volatility ...  Show more

This is a special edition of the Bloomberg Daybreak: US Edition podcast.      Subscribe to the show:      on Apple: http://bit.ly/3DWYoAN       on Spotify: http://bit.ly/3jGRYiB       Anywhere: http://bit.ly/3J1bct9 On today's episode:      President Donald Trump imposed the steepe ...  Show more

US President Donald Trump’s global trade war has made a mess for the Federal Reserve. Despite an encouraging US consumer price index report this week, there are major concerns about the inflationary nature of Trump’s tariffs. Meanwhile, the Fed has cut growth forecasts. And if ...