Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Dec 12th 2016, 10:18 am, by Peter R. Orszag (Bloomberg View) — Stress, I’ve long suspected, may explain why lifespans have been lengthening for high-income Americans but have remained the same or even shortened for low-income and middle-income people. A new analysis from the Hamilton Project released today adds

Read More
Business HeadlinesYour Money

published Dec 9th 2016, 6:00 am, by Ben Steverman (Bloomberg) — One way to prepare for retirement is to save. Another way: Don’t retire. It’s surprisingly common to put very little aside and hope you never need to hang up your cleats for good. Among investors under age 35, more

Read More
Business Headlines

published Dec 18th 2016, 5:00 pm, by Peter Levring (Bloomberg) —Without Britain’s contributions, the remaining European Union members will need to get by on a smaller budget, according to Denmark. No one, including Germany, wants to fill the 7.6 billion-euro ($7.9 billion) hole that will be left once Britain —

Read More
Business HeadlinesYour Money

published Dec 15th 2016, 4:00 am, by Suzanne Woolley (Bloomberg) —When it comes to debt, it’s nice to be below average. Do your credit card balances fall below the national mean of $16,000 for households with debt? Is your total household debt, including mortgages, shy of the $132,500 mark? If so,

Read More
Business Headlines

published Dec 15th 2016, 3:51 pm, by Mark Shenk (Bloomberg) —Oil settled near $51 a barrel in New York as Kuwait was said to make bigger supply cuts to U.S. and European customers. Crude pared losses after earlier falling 2.1 percent as the dollar advanced after the Federal Reserve raised

Read More
Business Headlines

published Dec 15th 2016, 4:23 pm, by Sarah McGregor (Bloomberg) — China’s holdings of U.S. Treasuries declined to the lowest in more than six years as the world’s second-largest economy uses its currency reserves to support the yuan. Japan overtook China as America’s top foreign creditor, as its holdings edged

Read More
Business HeadlinesWomen and FamilyYour Money

published Dec 1st 2016, 4:00 am, by Josh Eidelson, Eva Holland and David Gauvey Herbert (Bloomberg) — The Couple Whose Band Might Blow Up Samantha Lepre and Branden Wilbarger Ages: 25, 28 Jobs: Waitress and Waiter/musician. Incomes*: $26,000 and $55,000 Home: Los Angeles Together: 4 years Samantha: When we first

Read More
Business Headlines

published Dec 15th 2016, 2:29 am, by Jake Ulick (Bloomberg) — Step aside, central bankers. The prospect of more government spending has helped make the term “fiscal stimulus” more common in a Bloomberg count of news stories, helping it to overtake “monetary policy” by the biggest margin since 2008. It’s

Read More
Business Headlines

published Dec 14th 2016, 4:26 pm, by Olga Kharif and Lucas Shaw (Bloomberg) —Amazon.com Inc.’s new push to expand Prime Video into more than 200 countries and territories includes a bonus feature: a price that undercuts Netflix Inc.’s in many markets. By going global, Amazon is following Netflix’s lead. The

Read More
Business Headlines

published Dec 12th 2016, 11:47 am, by Mark Ellwood (Bloomberg) —It’s burglar catnip: a large, unoccupied home late at night, with iPads and laptops strewn temptingly around. Sure enough, one man did break in—exactly as the police had planned. Arrested, he protested his innocence, at least until law enforcement shined

Read More