America’s Retirement System Is Too Inconsistent: Justin Fox
published Dec 6, 2017, 10:00:09 AM, by Justin Fox (Bloomberg View) — The U.S. is exceptional, and therefore an outlier in lots of international comparisons. Our incomes are high and our taxes are low, which is good. But our health-care bills are astronomical and our infant mortality rate is awfully high, too (for a wealthy country),
Mortgage Insurance Program Knocked by GOP Slips But Doesn’t Fall
published Nov 14, 2017, 11:00:01 PM, by Joe Light (Bloomberg) — The financial health of a top U.S. mortgage program worsened this year, which could make it harder for affordable-housing advocates to persuade a key government agency to cut the fees it charges lower-income borrowers. The capital reserves of the Federal
What Technophobe Doctor Shows About Future Jobs: Stephen Carter
published Dec 5, 2017, 4:15:13 PM, by Stephen L. Carter (Bloomberg View) — What if your profession has never required much computer literacy — and then all of a sudden it does. Should you be fired? Should your license be yanked? That’s the question raised by the bizarre case of
Asia Faces Mixed Start After U.S. Stocks Decline: Markets Wrap
published Dec 5, 2017, 5:13:22 PM, by Adam Haigh (Bloomberg) — Asian equity markets looked set for a mixed start to Wednesday trading following an afternoon sell-off in U.S. equities as traders await catalysts that would provide reason to add to risk assets before the year draws to a close.
Those Who Stood Up and Signed: Part 12
I still remember how our Social Studies in high school drilled into our minds how the signers of the Declaration of Independence were risking their lives signing that document. That they were, yet they were not going to allow themselves to be bullied to by any music celebrity, actor, anyone
Growth in U.S. Service Industries Cools From a 12-Year High
published Dec 5, 2017, 9:39:51 AM, by Shobhana Chandra (Bloomberg) — Growth in U.S. service industries cooled by more than forecast in November after the fastest expansion since 2005, as orders eased and supply chains normalized following two hurricanes, an Institute for Supply Management survey showed Tuesday. Highlights of ISM
The PayPal Mafia of Self-Driving Cars Has Been at It a Decade
published Oct 30, 2017, 4:00:08 AM, by Dana Hull (Bloomberg) — The brief history of the self-driving car is parked in Pittsburgh. Robotic vehicles built by students and professors stand sentry on the campus green at Carnegie Mellon University. These cars carry scars and dents—one shows rollover damage—from participation in
Young Europeans Lead Revival of Optimism in Region’s Future
published Dec 4, 2017, 12:27:20 AM, by Niklas Magnusson and Hanna Hoikkala (Bloomberg) — Young Europeans are the most optimistic age group in the region, with a growing number saying they believe they’ll be better off than their parents. It’s a key finding in the latest Intrum European Consumer Payment
More Americans Are Worried About Their Finances
published Nov 29, 2017, 11:01:12 AM, by Suzanne Woolley (Bloomberg) — Many more U.S. workers now report being dissatisfied with their financial situation than they did just two years ago, according to a new survey by global advisory firm Willis Towers Watson. Only 35 percent of employees said they were satisfied with their
GM’s Self-Driving Cars to Be Ready for Ride-Sharing in 2019
published Nov 30, 2017, 3:29:48 PM, by David Welch (Bloomberg) — General Motors Co. plans to have its self-driving cars ready for a ride-share service within two years as the automaker looks beyond traditional car ownership for new tech-driven sources of revenue. After spending more than a year putting the