Powell Will Need a Horror Show to Cut…

John Authers is a senior editor for markets. Before Bloomberg, he spent 29 years with the Financial Times, where he was head of the Lex Column and chief markets commentator. He is the author of…

Fitch Says S. Africa’s Rating Reflects Eskom Debt…

Photographer: Waldo Swiegers/Bloomberg Photographer: Waldo Swiegers/Bloomberg Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter Fitch Ratings Ltd. said that while South Africa’s worsening debt forecasts don’t include the threats posed…

Trump Says U.S.-China Seek New Site to Sign…

Xi Jinping and Donald Trump at the Great Hall of the People in Beijing on Nov. 9, 2017. Photographer: Fred Dufour/AFP via Getty Images Photographer: Fred Dufour/AFP via Getty Images President Donald Trump said the U.S.…

Apple Creates New Ways to Juice iPhone Sales…

Photographer: Anthony Kwan/Bloomberg Photographer: Anthony Kwan/Bloomberg Apple Inc. executives put aside their typical praise of the iPhone’s sleek design and breakthrough technology on Wednesday for more mundane topics such as installment plans, trade-in programs and…

Wage growth targets are good economics—if you get…

Josh Bivens, director of research at EPI Earlier this month, Olivier Blanchard—the former chief economist at the International Monetary Fund and an influential figure in macroeconomics—suggested that the Federal Reserve should consider targeting inflation in nominal…