Bloomberg Puerto Rico was having a do-over of its gubernatorial primary election on Sunday after it mismanaged the first vote so badly that tens of thousands were unable to cast a ballot. The outcome will set the stage for the November 3 governor’s race and provide the first glimpse of who might lead the US commonwealth out of a record-setting ...

Bloomberg Australia is close to reaching a deal to produce a Covid-19 vaccine, Health Minister Greg Hunt said on Sunday. “We are in advanced negotiations with a range of different companies with regards to a vaccine,” Hunt said on Sky News. He said he was “genuinely optimistic” a coronavirus vaccine would be internationally available by next year. The federal government ...

Bloomberg The Federal Reserve could allow inflation to accelerate above its 2% goal if has underperformed it in the past, said Dallas Fed President Robert Kaplan. “I would be willing to see inflation run moderately above 2% in the aftermath of periods where we’ve been running persistently below,” Kaplan said in a virtual event with the Dallas Friday Group, a ...