Ed Kalegi
👤 SpeakerAppearances Over Time
Podcast Appearances
Prepare to pay more for steaks and burgers over the next few years.
Bloomberg's Monica Ricks explains why.
The Trump administration is moving ahead with a plan to remake the U.S.
immigration detention system.
Bloomberg's Amy Morris has the details from Washington.
After years of restraint following the 2008 global financial crisis, Wall Street is handing CEOs a record payout.
Chief Executive Officers at the top U.S.
banks all received annual compensation of at least $40 million.
with their total pay surpassing records set in 2006 and 2021.
Bank of America's Brian Moynihan was the latest CEO to have his pay disclosed, with his compensation rising 17 percent last year to $41 million.
Citigroup said this week that it boosted the pay of CEO Jane Fraser 22 percent to $42 million for 2025, a sign of confidence from the board about her ability to turn the company around after years of underperforming peers.
A massive storm aimed at California may help the state, which has been struggling with a snow drought through much of the winter.
At least 12 inches of snow is expected to fall between 3,000 and 4,000 feet across mountains in northern and eastern California through next week.
Up to 8 feet are forecast to fall at higher elevations as a winter storm watch covers much of the area.
The snow drought is hurting much of the U.S.
West, including California, which depends on snow for its annual water supplies.
Storms have either brought too much rain, even at high elevations, or, as was the case through most of January, they haven't arrived at all.
Just in time for tax season, the Treasury Department and the IRS have released new guidance on restrictions to clean energy tax credits under President Trump's tax and spending cut law.
Bloomberg's Nathan Hager has the story from Washington.
Western officials say China increased its support for Russia's war in Ukraine in 2025 and is likely to deepen cooperation with Moscow further this year, casting doubt on efforts by European leaders to improve relations with Beijing.