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(Bloomberg) -- California Governor Gavin Newsom unveiled a budget proposal that aims to close a $12 billion deficit, marking the third consecutive fiscal year in which state lawmakers need to plug significant shortfalls. Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’Power-Hungry Data Centers Are Warming Homes in the NordicsHow a Highway Became San Francisco’s Newest ParkA New Central Park Amenity, Tailored to Its East Harlem NeighborsMaryland’s Credit Ra

Federal Reserve Vice Chair Philip Jefferson warned that announced tariffs and the uncertainty surrounding U.S. trade policy could derail any recent progress on inflation, highlighting a growing concern inside the central bank as it navigates a murky economic landscape.

Maryland lost its triple-A bond rating from Moody's on Wednesday, a rating the state has cited for more than 50 years as a sign of strong fiscal stewardship. Moody’s downgraded the state’s credit rating to Aa1. Maryland had received a triple-A bond rating from Moody’s since 1973.

Companies that make some of the biggest American brands say some consumers overseas are avoiding their products in protest of Trump's trade war.

The Ramsey Show host Ken Coleman thinks Bitcoin should be a part of an investor's diversified portfolio.

After sharp corrections, Lam Research, ASML Holdings and Micron Technologies all trade at attractive levels

(Bloomberg) -- US officials seeking to negotiate trade deals around the world are not working to include currency policy pledges in the agreements, according to a person familiar with the matter.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’Power-Hungry Data Centers Are Warming Homes in the NordicsHow a Highway Became San Francisco’s Newest ParkA New Central Park Amenity, Tailored to Its East Harlem NeighborsMaryland’s Credit Rating Gets Downgraded as Go