Russian Steel Bucks Global Downturn as War Economy Drives Demand

(Bloomberg) — Weak Chinese demand is depressing the global steel market, but Vladimir Putin’s war economy has made Russia a striking exception. Most Read from Bloomberg The Kremlin’s invasion of…

Community Banks: Meaning, Overview, History and FAQ

What Is a Community Bank? A community bank is a depository or lending institution that primarily serves businesses and individuals in a small geographic area. Community banks tend to emphasize…

Thailand’s new prime minister inherits a $14 billion cash handout problem and a sluggish economy

Days after being elected as Thailand’s youngest-ever prime minister, Paetongtarn Shinawatra threw cold water on a policy question that had been simmering for months. At a press conference soon after…

Houthi-Hit Oil Tanker in Red Sea Appears to be Leaking: Pentagon

(Bloomberg) — An oil tanker attacked in the Red Sea by Iran-backed Houthi rebels on August 21 appears to be burning and leaking, a Pentagon spokesman said on Tuesday. Most…

FDA Approves Blood Test for Colorectal Cancer Screening, What to Know

The FDA has approved a new colorectal cancer blood test by Guardant Health for Medicare coverage. The test, called Shield, looks for “free-floating” fragments of cancer DNA in the bloodstream.…

Gen X, Millennials in U.S. Face Higher Risk of 17 Cancers Than Older Generations

A new study investigates trends in 34 types of cancer in the United States. For 17 cancer types, Generation X and Millennials have a higher risk than previous generations. Similarly,…

Interest Rate Trends for Credit Card, Auto, and Mortgage Loans

Tracking interest rates over time shows us significant volatility over long-enough time periods. Typically, the rates will be lowest on mortgages, highest on credit cards, and somewhere in the middle…

Handling an EPA Inspection: What to Do Before, During, and After the Process

Regardless of a company’s environmental compliance record, facing a U.S. Environmental Protection Agency (EPA) inspection can present significant risks. When conducting inspections, EPA inspectors and technical personnel examine all aspects…

Kroger Hiked Milk, Egg Prices Above Inflation, Merger Judge Told

(Bloomberg) — Kroger Co. hiked prices on milk and eggs more than needed to account for inflation, the company’s top pricing executive testified during a court hearing on the US…

Oil Edges Up After Technical Drop as US Stockpiles Seen Falling

(Bloomberg) — Oil gained in Asia after dropping more than 2% on Tuesday, as an industry report pointed to a further decline in US crude stockpiles. Most Read from Bloomberg…