Congressional negotiators have reached a $1 trillion deal to fund the government through September. If approved by both chambers before Friday, the deal would avoid a government shutdown. But short-term budgets and stopgap measures are inefficient and wasteful tools for running a government. Beyond the dissent over what gets funded and what’s on the chopping […]

A live news service from Bloomberg is one of many new video partnerships that Twitter unveiled today, part of a bid to attract new users and ad revenue.  Click the audio player above to hear the full story.

There was a common theme in some of the big tech earnings announcements this week: the cloud. Most of Amazon’s more than $700 million first-quarter profit came not from shipping books and electronics all over the globe, but from its Amazon Web Services business. Amazon was a pioneer in letting companies rent computer processing and […]

President Trump’s latest executive order seeks to open new federal waters for offshore drilling, but the most popular place for oil companies is decidedly land based – the Permian Basin in Texas. Click the audio player above to hear the full story.

Today’s report of a tepid rise in first-quarter gross domestic product, by 0.7 percent, comes with an asterisk: There appears to be a recurrent pattern of low growth in first-quarter GDP going back years. Some economists argue it goes back decades. That’s thanks to something economists call “residual seasonality” — recurrent seasonal patterns in the […]