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(Bloomberg) -- Israel will probably hold interest rates for an eighth consecutive time, as the central bank anticipates more inflationary pressure stemming from a multi-front war against Iran-backed militias.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDon’t Shrink the BusThe Bank of Israel

Critics of the H-1B program worry that these workers are displacing Americans by providing cheaper labor, especially in the tech industry. Supporters say there are simply not enough US workers to fill the demand needed in these growing industries.

(Bloomberg) -- US employers probably tempered their hiring last month to wrap up a year of moderating yet still-healthy job growth that economists expect to carry on in 2025.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing Cleared by Judge for Sunday LaunchPayrolls increas

The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034.

(Bloomberg) -- President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside

Workers across 21 states welcomed the new year by seeing their hourly minimum wages rise.

Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what the economy will deliver in 2025 and will let upcoming economic data drive the course of monetary policy. In light of Fed forecasts last month for fewer interest rate cuts in 2025, "there is a view that we can take our time, to slow down" and be more "gradual" while watching the data to see if sticky inflation pressures start to ease again, Kugler said in a CNBC interview. If the resilient job market starts to lose steam, however, "we would be ready to act in a different direction" with monetary policy, she said.