Bloomberg Your phone knows more about you than you think. It knows where you’ve been and who you were with, the birthday gift you bought your mother and who you plan to vote for. From pre-installed apps that count your steps to saved passwords for banking accounts and social media, smartphones have evolved from devices that make calls into digital …

NEW YORK / Bloomberg If the U.S. enters a recession this year, it may end up a lot like a boring conversation at a cocktail party: painfully long and shallow. The world’s largest economy has a host of strengths, from well-capitalized banks to financially-stable households, which should help limit the depth of a downturn should one happen. Yet with interest …

Rio De Janeiro /Bloomberg A letter from the prosecutor-general’s office made public on Monday confirms that the federal task force in charge of Brazil’s sweeping corruption probe known as Carwash has been investigating former President Luiz Inacio Lula da Silva since late last year. The federal task force is probing Lula’s involvement during his time as president with construction companies …