Bloomberg A key measure of US consumer prices rose by less than expected in April on lower used-car and apparel costs, testing the Federal Reserve’s message that muted inflation will prove transitory while giving President Donald Trump more ammunition to argue for an interest-rate cut. The core consumer price index, which excludes food and energy, rose 0.1% from the prior ...

Bloomberg Venezuelan opposition leader Juan Guaido told an emissary to meet with US military officials in a bid to establish “direct” cooperation, a signal he’s warming to the idea of intervention by force after months of failed attempts to topple President Nicolas Maduro. Guaido told supporters during a rally in Caracas that he’s sending his envoy in Washington, Carlos Vecchio, ...

Bloomberg PM Mahathir Mohamad’s ruling coalition retained a parliamentary seat in a by-election in Borneo, providing him a reprieve amid sliding approval ratings. Pakatan Harapan’s candidate won the Sandakan seat in the state of Sabah by 11,521 votes, according to the Election Commission. The special poll was called after the incumbent, father of Saturday’s victor Vivian Wong, died in March. ...