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A tentative thaw in ice-cold US-Russia relations is paving the way for American companies to do what, until recently, seemed unthinkable — return to the country three years after they left in droves.

(Bloomberg) -- A string of recent US data showing resurgent inflation and slowing activity is stoking fears the world’s biggest economy could be heading toward a period of stagflation. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchRemembering the Landscape Architect Who Embraced the CityShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Inves

(Bloomberg) -- Treasury Secretary Scott Bessent said he expects the US housing market to pick up steam after recent indicators came in below forecasts, and sees potential for inflation to return to the Federal Reserve’s 2% target “quickly.”Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchRemembering the Landscape Architect Who Embraced the CityShelters Await Billions in Federal Money for Homelessnes

(Bloomberg) -- The US Treasury market posted its biggest monthly gain since July, ending the period with short-term yields back below 4% as benign inflation data boosted wagers on Federal Reserve interest-rate cuts.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchRemembering the Landscape Architect Who Embraced the CityShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Bui

The EU is currently walking a diplomatic tightrope, seeking to avoid a trade war with the United States. With an economy that’s highly export-orientated, Ireland could be hard hit.View on euronews

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by one to 593 in the week to February 28, its highest since June. Despite this week's rig increase, Baker Hughes said the total count was still down 36 rigs, or 6% below this time last year.

(Bloomberg) -- The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer spending and a dramatic widening of the trade deficit at the start of the year, according to the Federal Reserve Bank of Atlanta’s latest GDPNow forecast.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness Pro