Bloomberg Italy’s government will spend around 3.5 billion euros ($4.1 billion) to protect consumers from a surge in energy prices that’s hit countries across Europe, according to people familiar with the matter. The disbursement could be approved as soon as next week, the people said, asking not to be named discussing confidential plans. Prime Minister Mario Draghi’s administration is also ...

Bloomberg Used car prices, one of the biggest drivers of US inflation this year, rise again in early September on a monthly basis after idling over the summer. The Manheim US Used Vehicle Value Index, a measure of pricing trends, increased 3.6% in the first half of September compared with a month earlier. That puts it on track for the ...

Bloomberg Hungary plans to offer a range of dollar and euro bonds to shore up its budget as it’s facing a potential delay in accessing European Union funds because of a feud with the bloc over democratic values. The country may sell 10-year and 30-year bonds in dollars, as well as seven-year and/or 20-year bonds in euros. Hungary’s debt management ...