Bloomberg Goldman Sachs Group Inc said that investigations and inquiries into its credit-card business has expanded beyond the Consumer Financial Protection Bureau (CFPB) to include other government agencies. The bank, which has card tie-ups with Apple Inc and General Motors Co, made the disclosure in a regulatory filing. It had said last year that the CFPB is looking into ...

  Bloomberg South Africa’s rand is on track for a sixth consecutive week of declines versus the dollar — but there are indications the selloff may be about to ease. One of this year’s worst emerging-market performers, the rand has carried a heavy risk premium amid concerns about the nation’s growth as state-owned power company Eskom Holdings SOC Ltd deploys ...

  Bloomberg Federal Reserve officials may need to raise interest rates as high as 6.5% to defeat inflation, according to new research that was sharply critical of the central bank’s initially slow response to rising prices. In a paper presented at a conference in New York, a quintet of Wall Street economists and academics argue that policymakers still have an ...