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Consumers said they are feeling better about the US economy as fears of a slowdown in the labor market continue to fade.

(Bloomberg) -- Brazil’s inflation picked up much more than expected in early November, adding urgency to government plans to cut swelling public spending that is pushing cost-of-living increases above target.Official data released Tuesday showed consumer prices rose 4.77% from a year earlier, above all forecasts in a Bloomberg survey of economists that had a 4.64% median estimate. On the month, they increased 0.62%.Price pressures are building in Latin America’s largest economy, stoked by a hist

President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. Trump on Tuesday announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council.

(Bloomberg) -- Alberta intends to invoke legislation allowing it to defy a federally proposed cap on emissions from the energy industry in opposition to Prime Minister Justin Trudeau.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes W

Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's Dec. 17-18 meeting. But how far they will go beyond that remains a wide-open question, with the minutes of the Fed's meeting earlier this month expected to show the start of a debate that will shape the financial landscape faced by the incoming Trump administration. While job growth slipped in October, the sense among policymakers was that the U.S. economy was continuing to beat expectations.

LONDON -U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday. "We're not going to see anybody in 'drill, baby, drill' mode," Liam Mallon, head of Exxon's upstream division, told the Energy Intelligence Forum conference in London. "A radical change (in production) is unlikely because the vast majority, if not everybody, is focused on the economics of what they're doing," he said.

(Bloomberg) -- Several Federal Reserve officials have signaled they’re open to cutting interest rates at a more deliberate pace next year as they grapple with the uncertainties of a Republican takeover in Washington, a pickup in productivity and slower improvement on inflation.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener Fut