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(Bloomberg) The Group of Seven countries are converging on a US plan to squeeze value out of frozen Russian assets, a move that would secure as much as $50 billion in critical financing for Ukraine and help shield it from political shifts on both sides of the Atlantic.Most Read from BloombergHarvard Students Walk Out of Commencement Protesting SuspensionsNvidia Stock Surges as Sales Forecast Delivers on AI HopesStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael to Restart G
RussiaWashingtonUnited-statesKyivKyyivMistoUkraineGermanyStresaPiemonteItalyMoscow(Bloomberg) A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceVoters Prefer Trump Over Biden on Economy. This Data Shows WhyZyn Shortag
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