Fed Says Tariff Concerns Cloud Otherwise Solid US Outlook

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Fed Says Tariff Concerns Cloud Otherwise Solid US Outlook

New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve's most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating. “Outlooks remained positive, but contacts in various sectors including
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US media mogul Michael Bloomberg vows to stop Donald Trump's trade war with China

Bloomberg said he will travel to Washington “to see people tomorrow and that will be my message, that we just have to find ways to work together. Other countries around the world, again, including China, are responding with their tariffs and we don't need a trade war,” the media mogul said.
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Klaus Regling talks to Bloomberg TV

Transcript of Klaus Regling's interview with Bloomberg Surveillance Interviewers: Tom Keene and Francine Lacqua 18 April 2018. Bloomberg Surveillance: Angela Merkel will come to Washington DC on 27 April. What will be her goal when she meets the president of the United States? Klaus Regling: I
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Senate Votes to Scrap CFPB Directive Targeting Auto-Lending Bias

The U.S. Senate has moved to scrap a Consumer Financial Protection Bureau policy aimed at preventing discrimination in auto lending as Republicans employed an unorthodox procedure to attack agency guidance that they said was an effort to bypass normal rule-making. Senators voted Wednesday
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Cadillac Chief Leaves GM, Citing `Philosophical Differences'

General Motors Co.'s Cadillac chief is leaving the company in the midst of a $12 billion plan to turn around the brand, citing strategic differences with other managers. Johan de Nysschen is exiting immediately and will be replaced by Steve Carlisle, who's been president of GM Canada since late 2014.
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