Gold Loses Luster for Third Straight Year as Investors Sell
©2015 Bloomberg News O07ABB6JIJUQ (Bloomberg) — Gold’s image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by investors. Bullion for immediate delivery was little changed at $1,061.65 an ounce at 8:05 a.m. in Singapore after declining
Dollar Rises as Hedge Funds Position for Further Gains in 2016
©2015 Bloomberg News O054756KLVR8 (Bloomberg) — The dollar climbed the most in nearly two weeks versus the euro after a report showed hedge funds boosted bets on a strong greenback for the first time in a month. The U.S. currency advanced after Commodity Futures Trading Commission data for the week
Mississippi River Area Closed by Floods; Grain Prices Rally
©2015 Bloomberg News O055KX6JTSED (Bloomberg) — Floods after heavy rain shut 5 miles of the Mississippi River, the biggest U.S. inland shipping channel, and waters were forecast to climb to record levels in parts of Missouri and Illinois later this week. The river between mile markers 179 and 184 near
Oil Advances as U.S. Crude Stockpiles Seen Falling, Easing Glut
©2015 Bloomberg News O054ID6JIJUU (Bloomberg) — Crude climbed as traders counted on another week of declines in U.S. crude inventories to help ease the glut that’s pushed prices below $40 a barrel. Futures rose 2.9 percent in New York, paring Monday’s 3.4 percent slide. U.S. crude stockpiles probably fell a
Who’s the Year’s Top Stock Picker? Guess Again.: Matthew Winkler
©2015 Bloomberg View O046G36KLVR8 (Bloomberg View) — The No. 1 stock picker in America in 2015 is no alpha-male. She’s Deena Friedman, manager of the Fidelity Select Retailing Portfolio, which is giving investors a bonanza using an old-fashioned strategy that’s a bit of a rebuke to a lot of her
Shanghai Warns Children to Stay Indoors as Smog Reaches ‘Heavy’
©2015 Bloomberg News NZONO56JTSEF (Bloomberg) — Shanghai issued a warning for children and the elderly to stay indoors as air pollution levels in the city rose to “heavy,” mirroring a red alert for smog issued by Beijing that’s prompted school closures. The concentration of PM2.5 — particles considered the must
Euro Set for Best Month Since April as Mersch Fails to Stem Gain
©2015 Bloomberg News O03FSN6K5110 (Bloomberg) — The euro held gains versus most of its major peers after comments by European Central Bank’s Yves Mersch on the scope for further monetary stimulus failed to stem its biggest monthly advance since April. The common currency advanced as Mersch, a member of the
Eleven Foods That Will Help Keep You Full
By Carlton Ryan Many of us eat too much. The average person would be healthier if they ate less everyday. Of course, doing so is hard. Among the myriad difficulties is hunger. If you try to eat less, you may feel as if you are starving much of the time.
S&P 500 Futures Steady as Oil Holds Gains; Yen Rises Fifth Day
©2015 Bloomberg News O01JBZ6K50XS (Bloomberg) — U.S. equity-index futures were little changed after the biggest weekly surge in oil prices since August helped the Standard & Poor’s 500 Index erase its losses for the year. The yen was stronger for a fifth day, while Japanese stock-index futures gained after the Topix index
Terrorists With Assault Weapons Rewrite the Script: Noah Feldman
©2015 Bloomberg View O00XSN6S9728 (Bloomberg View) — Over the last 15 years, Americans have become accustomed to distinguishing domestic mass shootings from Islamic terrorism — the difference between Columbine and the Sept. 11 attacks, if you will. In 2015, that conceptual division broke down with the massacre in San Bernardino,