Bloomberg French President Emmanuel Macron moved to smooth over ruffled relations with Donald Trump after the US president took offense at his proposal Europe create its own continental military force. Macron received Trump at the Elysee Palace on Saturday in Paris ahead of a weekend of commemorations with world leaders to mark the 100th anniversary of the end of World ...

Bloomberg The guardian of the punch bowl is at risk of becoming the punching bag. The Federal Reserve continued to signal at its meeting that “further gradual increases” in interest rates are coming for the “strong” US economy. It’s a message that could be increasingly unpopular as Democrats and Republicans seek more spending next year while gearing up for the ...

Bloomberg More than 40 percent of major US lenders are failing to satisfy the Federal Reserve’s expectations in key areas of risk management, the central bank said in a report that reveals the regulator’s overall assessment of the industry. The Fed’s inaugural Supervision and Regulation Report highlights a number of positives — including high capital and liquidity reserves — but ...