published Apr 13, 2018, 7:00:27 AM, by Justin Fox (Bloomberg View) — The U.S. appears to face a future of large, chronic federal budget deficits. Is that because taxes are too low or because spending is too high? In one sense, the question can only be answered with a value

published Apr 19, 2018, 6:06:56 PM, by Ian Wishart and Dara Doyle (Bloomberg) — European Union officials are set to reject a potential U.K. solution to the crucial issue of what happens to the Irish border after Brexit, deepening the stalemate in negotiations. While the U.K. hasn’t made a formal

published Apr 16, 2018 3:48:08 PM, by Mark Bergen and Ben Brody (Bloomberg) — No one at Google envied Mark Zuckerberg last week as he was being grilled by Congress. But for years, they certainly coveted the personal data that made Facebook Inc. a formidable digital ad player. And the

published Apr 17, 2018 3:15:52 PM, by Toluse Olorunnipa and Margaret Talev (Bloomberg) — President Donald Trump said the U.S. and North Korea have already had direct talks at “extremely high levels” in advance of a planned meeting between the two nations’ leaders this summer. The U.S. has “started talking

published Apr 17, 2018 1:15:38 PM, by Leslie Patton (Bloomberg) — Starbucks Corp. is temporarily closing more than half of its domestic stores next month so employees can undergo racial-bias training, a response to the arrest of two black men at one of its cafes in Philadelphia. The coffee chain

published Apr 16, 2018, 5:10:28 PM, by Dana Hull (Bloomberg) — Elon Musk’s Space Exploration Technologies Corp. will build its giant in-development rocket, nicknamed “BFR,” at the Port of Los Angeles. “Officially announcing that SpaceX will start production development of the Big Falcon Rocket in the Port of L.A.,” Los

published Apr 16, 2018, 6:30:37 PM, by Lucas Shaw (Bloomberg) — Netflix Inc. used to worry it would alienate customers by raising prices for its streaming service. Not any more. The company posted its strongest subscriber growth since going public 16 years ago, despite raising prices for most of its

published Apr 15, 2018, 9:00:13 AM, by Albert R. Hunt (Bloomberg View) — For three weeks ending last weekend in Texas, Saudi Crown Prince Mohammed bin Salman was the most celebrated foreign leader to visit the U.S. since China’s Deng Xiaoping almost 40 years ago. MBS, as he’s called, was

published Apr 13, 2018, 4:00:11 AM, by Suzanne Woolley (Bloomberg) — For some, it means liberation. For others, loss. For women in particular, the doubling of the divorce rate for the 50-plus crowd since the 1990s can mean something far more prosaic: a need to shoulder the big financial decisions

published Apr 15, 2018, 3:00:00 PM, by Lydia Mulvany (Bloomberg) — When this seemingly never-ending winter finally gives way to warmer weather, here’s one more thing to look forward to: beef is likely to be cheaper for summer grilling. Cattle futures have been sliding as market watchers expect a landslide