Ed Kalecki

The ruling is the latest development in a legal battle that pits the independence of the Fed against the Justice Department's power to carry out investigations.

The Pentagon's proposed fiscal 2027 budget would significantly ramp up its military firepower.

Bloomberg's Monica Ricks reports.

It was a good Friday for the labor market.

Bloomberg's Mike McKee takes a look at the numbers.

Bloomberg's Mike McKee on Bloomberg surveillance.

Bloomberg opinion contributor and former New York Fed President Bill Dudley says that with the current uncertainty, it's best for the Fed to do nothing.

Dudley spoke on Bloomberg surveillance.

Bloomberg opinion contributor and former New York Fed President Bill Dudley on Bloomberg surveillance.

French President Emmanuel Macron is calling on medium-sized powers to join forces and stand up to the U.S.

and China.

Macron hammered the message during his tour of Asia this week where he discussed maritime security in the Strait of Hormuz and closer cooperation with South Korea and Japan, two countries badly suffering from high energy costs as the war in Iran keeps the Strait closed.

European countries, he said, have a shared agenda with places like Japan and South Korea on issues like international law, democracy, climate change and global health.

According to a U.S.

Supreme Court spokeswoman, Justice Samuel Alito was examined by a doctor last month after falling ill during an event in Philadelphia.

The court confirmed the March 20th incident in a statement Friday afternoon after it was first reported by CNN.

The Federalist Society hosted an event in Philadelphia the same day, marking his 20 years on the high court.

The spokesperson said Alito was thoroughly checked by his personal physician and returned to the court the following Monday to participate in oral arguments.

He has not missed any scheduled arguments this year.

Open AI's chief operating officer is shifting into a new role and two other top executives are going on leave due to health reasons, marking a major change to its executive bench ahead of a potential Wall Street debut as soon as this year.