Bloomberg Norway’s $1 trillion wealth fund could face stricter limits on coal investments down the road, but a previously united push by the opposition to make it happen is showing cracks. The opposition, led by the Labor Party, instructed the minority government to review the restrictions on coal and consider a further tightening. Yet that fell short of earlier calls ...

Bloomberg US consumer spending rose in April by the most in five months and inflation held at the Federal Reserve’s target, adding to signs of solid economic growth that support the central bank’s plan for gradual interest-rate hikes. Purchases, which account for about 70 percent of the economy, increased 0.6 percent from the prior month, topping forecasts, after a 0.5 ...

Bloomberg Three days after being sworn in, Italy’s new populist government is preparing for one final hurdle before it sets about trying to overhaul European Union rules and the established order: a confidence vote in both houses of parliament. Parliamentary approval will be sought this week for the 18-member cabinet of Prime Minister Giuseppe Conte, a 53-year-old law professor with ...