published Jun 12, 2018 1:00:15 PM, by Suzanne Woolley (Bloomberg) — Impact investing—putting money to use with an eye not just on financial returns but on bringing about social or environmental change—is a hot topic. It may also be a divisive topic among different generations of wealth, according to a

published Jun 15, 2018 2:05:45 PM, by Charles Stein (Bloomberg) — Fidelity Investments, which has been cutting prices to compete with low-cost rivals such as Vanguard Group and Charles Schwab Corp., is trimming fees on the target-date index funds it sells to retirement plans and rolling out new offerings that

published Jun 18, 2018 9:00:10 PM, by Ilya Khrennikov (Bloomberg) — A former New York hedge-fund titan deployed his giant, million-dollar BlockBoxes to Canadian tar-sands country. A Chinese fintech pioneer runs his off of hydropower in the Caucasus. A rich Russian with ties to the Kremlin keeps his in a

published Jun 19, 2018 4:00:14 PM, by Yuko Takeo and Yuki Furukawa (Bloomberg) — One of Yosuke Kobayashi’s biggest headaches has been finding enough workers to build hotels, restaurants and bath houses for his construction company. That was until the manager at construction company Luckland Co. found Sukedachi, a mobile

published Jun 18, 2018 5:08:46 PM, by Nick Wadhams and Margaret Talev (Bloomberg) — President Donald Trump has agreed to “alter” the 1953 armistice halting the Korean War if North Korea gives up its nuclear weapons, Secretary of State Mike Pompeo said, revealing an apparent promise from Trump’s summit with

published Jun 18, 2018 4:00:09 PM, by Adam Minter (Bloomberg Opinion) — As rich countries welcome autonomous cars, trucks and boats onto their roads and waterways, the developing world is grappling with a humbler revolution: automated farming. What was once the world’s most labor-intensive profession may be soon run by

published Jun 18, 2018 4:05:29 PM, by Christopher Condon and Joao Lima (Bloomberg) — Former U.S. Treasury Secretary Lawrence Summers warned that developed countries are badly equipped for another recession, both economically and politically, and central banks should be wary of raising interest rates just to stop inflation running slightly

published Jun 17, 2018 3:30:45 PM, by Arit John, Billy House and Ben Brody (Bloomberg) — House Republicans say Speaker Paul Ryan has agreed to take floor action if the Justice Department and FBI continue to withhold documents demanded by lawmakers on the investigation into Hillary Clinton’s emails and the

published Jun 8, 2018 8:05:01 AM, by Barry Ritholtz (Bloomberg Opinion) — Last summer, we looked at fundamental indexing, which is perhaps better known by the catchy marketing phrase “smart beta.” The practice uses metrics such as book value, earnings and dividend yield to assemble investment portfolios, rather than the

published Jun 13, 2018 2:42:17 PM, by Prashant Gopal (Bloomberg) — The Fed’s rate hike Wednesday, and its signal of two more increases to come this year, will only add to investors’ biggest worry about the U.S. housing market — that it’s getting too expensive. An S&P index of U.S.