Finance

Many Car Buyers Are Making the Wrong Turn on…

The rising cost of cars, along with impulse buying and long loan terms, have taken many car shoppers on a costly, possibly ruinous journey.

US home construction slumped in July

US housing starts fell 4.8 percent in July as apartment construction plunged

Trump Calls Kim 'Very Wise' in Avoiding Guam…

Aug.16 -- President Donald Trump wrote on Twitter Wednesday that Kim Jong Un made a "very wise" decision to hold off on a missile strike near Guam. Bloomberg's Marty Schenker reports on "Bloomberg Daybreak: Americas."

Mazda recalls nearly 80,000 vehicles with Takata…

Mazda is recalling nearly 80,000 cars and SUVs with defective Takata air bag inflators

UnitedHealth CEO to step down after run of more…

UnitedHealth Group will change leaders next month by promoting long-time executive David Wichmann to CEO to replace Stephen Hemsley, who has led the nation's largest health insurer since 2006

Report: Higher premiums if Trump halts 'Obamacare…

Congressional Budget Office: Higher premiums, fewer insurance options if Trump halts 'Obamacare' subsidies

Rep. Pascrell: Trump on Virginia 'An…

Aug.16 -- Rep. Bill Pascrell, a member of the House Ways and Means Committee and a Democrat from New Jersey, discusses President Donald Trump's response to violence that took place this past weekend in Charlottesville, Virginia. He speaks with Bloomberg's Tom Keene on "Bloomberg Surveillance."

Tiffany & Co. Might Be Getting A Big Check From…

A judge ruled Costco owes Tiffany & Co. a lot of money for selling "Tiffany" rings that had no actual connection to Tiffany & Co.

'Bathroom bill' dies again in Texas as session…

The Texas Legislature has adjourned for good, ending its month-long special session a day early

Edmunds: Many car buyers make wrong turn on financing

The rising cost of cars, along with impulse buying and long loan terms, have taken many car shoppers on a costly, possibly ruinous journey

Trump renews Twitter criticism of Amazon

President Donald Trump is renewing his attacks on Amazon, and he says the company is "doing great damage to tax paying retailers."

Nafta Talks Seek U.S., Canada, Mexico Trade Reset

Aug.16 -- Talks are set to begin Wednesday on renegotiating the decades-old Nafta trade deal between the United States, Canada, and Mexico. Bloomberg's Kevin Cirilli reports on "Bloomberg Surveillance."

Trump rips Merck CEO for leaving American…

President Trump ripped Merck chairman and CEO Kenneth Frazier on Monday after the pharmaceutical executive resigned from the American Manufacturing Council in apparent protest of his administration’s public response to the violent white nationalist march in Charlottesville, Virginia.

Global stocks higher as North Korean tensions…

Global stock markets are mostly higher after Washington and North Korea indicated their willingness to reduce nuclear tensions

Young and overspent? How to tackle credit card debt

Paying down credit card debt when you're just starting out is no small feat

Trump Says Amazon Is Causing 'Great Damage' to…

Aug.16 -- President Donald Trump took to Twitter Wednesday morning to hammer Amazon.com Inc., claiming that "towns, cities, and states throughout the U.S." are being hurt and many jobs are being lost. Sebastien Galy, macro strategist at Deutsche Bank, speaks on "Bloomberg Surveillance."

One-fifth of Americans find workplace hostile or…

The American workplace is grueling, stressful and surprisingly hostile

Ryanair files complaint with EU after Air Berlin…

Irish budget airline Ryanair has filed a complaint with European Union competition authorities after Air Berlin filed for bankruptcy protection and then got a 150 million euro ($177 million) government loan

Wisconsin Assembly committee approves Foxconn incentives

A Wisconsin state Assembly committee has approved a $3 billion tax incentive package for Taiwan-based Foxconn Technology Group

Trump Reverts to Blaming 'Both Sides' for…

Aug.16 -- President Donald Trump returned Tuesday to his argument blaming both sides for violence this past weekend in Charlottesville, Virginia. Bloomberg's Marty Schenker looks at the potential fallout for the Trump Administration on "Bloomberg Surveillance."

CNN fires commentator Jeffrey Lord over Nazi…

CNN fires conservative commentator Jeffrey Lord after he tweeted a Nazi salute at a critic; Lord says he was mocking the critic and respects the network

Germany indicts Swiss man of espionage in tax evasion case

Authorities in Germany have formally indicted a Swiss citizen on suspicion of espionage for spying on German tax investigators

New life for Medicaid after GOP's health care…

A 1960s Great Society program, Medicaid gets new life after Republican health care bill collapses

Khosla's Rabois Says 'It’s Clear Uber's a Mess'

Aug.16 -- Keith Rabois, partner at Khosla Ventures, discusses the state of Uber and the lawsuit brought against the company's former chief executive officer by investor, Benchmark. He speaks with Bloomberg's Emily Chang on "Bloomberg Technology."

Trump attacks exec for quitting council over…

Trump blasts drugmaker Merck's CEO for quitting advisory group over Trump not condemning racist rally

Squeeze on UK living standards eases as wages pick up

Squeeze on living standards in Britain since last year's Brexit vote abates somewhat as wage growth picks up

Lots of questions still hang over Trump's tax plan

Trump's tax plan has few details but plenty of open questions

Europe's Old Media Unites in Google, Facebook Ad…

Aug.16 -- European broadcasters are banding together to create a wider reach for ads and audience data to combat the growth of advertising moving to the internet and social media. Bloomberg's Rebecca Penty reports on "Bloomberg Surveillance."