published May 22, 2018, 4:00:17 PM, by Adam Minter (Bloomberg Opinion) — China is home currently to 241 million people over the age of 60, approximately 17 percent of the population. By 2050, the elderly will number around 500 million and account for more than one-third of the population. According

published May 22, 2018, 6:34:07 PM, by Spencer Soper and Joshua Brustein (Bloomberg) — Amazon.com Inc. drew the ire of the American Civil Liberties Union on Tuesday over a facial-recognition system offered to law-enforcement agencies that the advocacy group says can be used to violate civil rights. In marketing materials

published Apr 30, 2018, 8:33:24 AM, by Sonali Basak and Tom Metcalf (Bloomberg) — Few bank CEOs ever become billionaires. Jamie Dimon did. So did Lloyd Blankfein. And then there’s Ken Moelis, a power dealmaker few people outside Wall Street have probably heard of. Since taking his boutique investment bank

published May 21, 2018, 3:22:23 PM, by Elise Young (Bloomberg) — New Jersey Treasurer Elizabeth Muoio said structural budget troubles are accelerating, and the state is on track for a $2.4 billion deficit if tax increases aren’t in place for the fiscal year that starts July 1. The shortfall endangers

published May 21, 2018, 4:00:12 PM, by Daniel Moss (Bloomberg Opinion) — Forget that image of sweatshops making all kinds of cheap stuff with plentiful labor. Now China’s workforce is shrinking and its population graying rapidly. Maybe many in the West haven’t noticed, but Beijing has: Bloomberg News reported Monday

published May 20, 2018, 5:27:09 PM, by Cormac Mullen (Bloomberg) — Asian stocks are set to start the week higher and U.S. equity futures jumped after U.S. Treasury Secretary Steven Mnuchin said the Trump administration won’t impose tariffs on Chinese products for now. Japanese futures rose in Chicago while S&P

published May 20, 2018, 4:30:00 PM, by Tim Ross (Bloomberg) — Brexit supporters “fearing betrayal” over a new customs plan should trust Prime Minister Theresa May to deliver on her promises as the U.K. prepares to leave the European Union, Foreign Secretary Boris Johnson said. Johnson reminded his fellow euroskeptics

published May 20, 2018, 6:22:03 PM, by Andrew Mayeda and Mark Niquette (Bloomberg) — The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said. “We’re putting the trade war on

published May 17, 2018, 5:31:07 AM, by Timothy L. O’Brien (Bloomberg Opinion) — Thanks to the Office of Government Ethics, a U.S. federal agency created after the Watergate scandals to curb the kind of flagrant conflicts of interest that are hallmarks of the current White House, we just received our

published May 17, 2018, 6:01:00 PM, by Andrew Atkinson (Bloomberg) — The proportion of British workers in low-paid jobs fell to a 35-year low last year but there is no room for complacency, a think tank warned. The Resolution Foundation said 18 percent of employees earned less than two thirds