Warnings of Market Complacency Are Growing Louder
published Jul 16, 2018 4:13:20 PM, by Liz Capo McCormick and Lu Wang (Bloomberg) — A growing chorus of observers is saying that financial markets are too sanguine about the threat that a U.S.-instigated trade war poses to global output and asset values. The International Monetary Fund joined the fray
Ex-Apple Engineer Pleads Not Guilty to Trade Secret Theft
published Jul 16, 2018 5:26:07 PM, by Joel Rosenblatt (Bloomberg) — A former Apple Inc. engineer charged with stealing self-driving car secrets for a Chinese startup pleaded not guilty in federal court in San Jose, California. Zhang Xiaolang entered the plea through his lawyer Monday. He was arrested just before
Amazon Crashes on Prime Day, Threatening $3.4 Billion Haul
published Jul 16, 2018 5:40:30 PM, by Spencer Soper (Bloomberg) — Amazon.com Inc. kicked off its big Prime Day sales promotion with technical glitches on its website and app, threatening its 36-hour sales extravaganza. Trouble on the site spiked just as the event began at 3 p.m. Eastern time, but
Trump Was Asked Who the Biggest U.S. Foe Is. He Mentioned the EU First.
published Jul 15, 2018 10:55:18 AM, by Margaret Talev (Bloomberg) — President Donald Trump named the European Union as a “foe” of the U.S. in an interview, days after a contentious meeting with NATO allies, but a top European official said the suggestion was “ fake news.” The comment, using
Global Growth Peaked With a Whimper, Not a Bang: Daniel Moss
published Jul 15, 2018 6:00:15 PM, by Daniel Moss (Bloomberg Opinion) — That was the high point? We’ve probably seen the best of global growth for this cycle, but the peak wasn’t marked by the traditional catalysts for a slowdown like higher interest rates or a financial blowup. Instead it’s
Retirees Go Back to School to Live Out Golden Years on Campus
published Jul 10, 2018 9:48:55 AM, by Martin Z. Braun (Bloomberg) — A growing number of retirees are opting to spend their Golden Years living close to a university campus. Or, in the case of Purchase College, on it. Later this month, a non-profit organization affiliated with Purchase plans to
Women and Family: Words to Live By Brad Weisman
As a parent or even a kid you can’t help but pay attention to other people’s words. Sometimes they leave a lasting impression that is very positive. Another person’s words can often help shape who we are. So much of our lives are influenced by other people’s words that it
U.S. Consumer Comfort Nears 17-Year High on Better Finance Views
published Jul 12, 2018 8:45:00 AM, by Reade Pickert (Bloomberg) — Americans’ sentiment improved for a fifth-straight week, buoyed by brighter views of their personal finances and record-high confidence among Republicans, the Bloomberg Consumer Comfort Index showed Thursday. Highlights of Consumer Comfort (Week Ended July 8) Weekly index increased to
Trade War Sparks Mounting Concerns of Growth Risks: Economy Week
published Jul 12, 2018 6:01:14 PM, by Michelle Jamrisko and David Goodman (Bloomberg) — The trade war between the U.S. and China is continuing to intensify, leaving some worried about the potential consequences for global growth. Here’s our weekly wrap of what’s going on in the world economy. Trade Turmoil
ACLU Cites ‘Troubling’ Tales of Issues With Migrant Family Reunions
published Jul 12, 2018 7:03:33 PM, by Kartikay Mehrotra (Bloomberg) — The Trump administration’s effort to return the youngest children separated from their parents at the border hasn’t inspired the confidence of the American Civil Liberties Union. Among the 58 children under age 5 that the government has reunited in