Bloomberg Federal Reserve Bank of St. Louis President James Bullard said President Donald Trump’s $1.5 trillion tax overhaul may spur investment and US economic growth, though policy makers can “wait and see” if that warrants higher interest rates because inflation is low. “There is some possibility this could light a fire under investment and really drive growth higher,” Bullard, a ...

Bloomberg Steinhoff International Holdings NV, the South African retailer laid low by an accounting scandal, is selling one of its more high-flying assets as it seeks liquidity to keep itself alive. The owner of UK discounter Poundland and bedding supplier Mattress Firm in the US is in discussions with a potential buyer of a 2006 Gulfstream G550 private jet that’s ...

Bloomberg British Airways owner IAG SA’s Irish and Spanish businesses spurred gains in passenger traffic at the company last year as expansion at the UK arm slowed. Dublin-based Aer Lingus, purchased by IAG in 2015, posted a 12 percent traffic increase, while the advance at Madrid-based Iberia accelerated to 7.6 percent, according to a statement from the group. London-based IAG, ...