Bloomberg Iranians bracing for tougher times now that the US has renewed sanctions are taking a jab at officials over government spending and nepotism. A social media campaign under the hashtag #where_is_your_kid? is asking officials to explain privileges their families enjoy. The campaign, launched last week, was prompted by photos that circulated online showing some of the officials’ children wearing ...

Bloomberg US inflation in July, excluding noisy food and energy prices, was the highest since 2008 at 2.4 percent. A closer look suggests there probably isn’t much cause for concern at the Federal Reserve. Excluding shelter costs, US services inflation edged down last month. Central bankers pay close attention to services inflation because it correlates more closely with domestic labour ...

Bloomberg The US Securities and Exchange Commission (SEC) has postponed a decision on whether to allow the listing of an exchange-traded fund backed by Bitcoin. The agency now has until September 30 to “approve or disapprove, or institute proceedings to determine whether to disapprove” a proposed rule changefrom Cboe Global Markets Inc. that would allow the fund from VanEck Associates ...