Billion

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project

by

Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue. … Read more

London Heathrow to Pour £10 Billion Into Terminals, Services

by

(Bloomberg) — London Heathrow Airport plans to invest £10 billion ($13.6 billion) over the next five years to upgrade its terminals and services after the dominant UK hub slipped in global airport rankings. Heathrow submitted an investment plan for review to the UK’s Civil Aviation Authority that involves redesigning terminals, improving punctuality through AI tools … Read more