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Poland Ignores EU Sanction Risk by Sealing Controversial Reforms
published Dec 20, 2017, 6:01:00 PM, by Marek Strzelecki, Ewa Krukowska and Maciej Martewicz (Bloomberg) — Poland defied the European Union’s unprecedented call for member states to punish it for failing to uphold the bloc’s values, signing into law a judicial overhaul that puts the country at risk of economic
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Trump Is Said to Plan Tax Signing Jan. 3 to Avoid Cuts
published Dec 20, 2017, 6:24:18 PM, by Erik Wasson (Bloomberg) — President Donald Trump plans to sign the tax bill on Jan. 3 to ensure automatic spending cuts to Medicare and other programs don’t take effect, according to a House Republican aide familiar with the plans. The White House informed
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Central Banks Are Turning to Big Data to Help Them Craft Policy
published Dec 18, 2017, 3:00:00 PM, by Jeanette Rodrigues and Alessandro Speciale (Bloomberg) — Central bankers around the world have set up or are creating departments to embrace big data in the quest for deeper insight into the economies they manage. “Isaac Asimov once said, ‘I do not fear computers.
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Why Your New Year’s Resolution Should Be to Spend More Money
published Dec 19, 2017, 4:00:09 AM, by Suzanne Woolley (Bloomberg) — With so much advice out there about saving money, being encouraged to spend could sound a little weird. But that’s what some financial services firms are telling retirees to do—to make a New Year’s resolution to use more of
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Those Who Stood Up and Signed: Part 14
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
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A $400 Million Barbecue After Mexican Protesters Dig Up Pipeline
published Dec 19, 2017, 4:00:00 AM, by Adam Williams (Bloomberg) — A chunk of Sempra Energy’s natural gas pipeline sits in the dirt behind a community center in the village of Loma de Bacum in northwest Mexico. Guadalupe Flores thinks it would make a great barbecue pit. “Cut it here,
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Trump Administration Asks Supreme Court to Block Teen’s Abortion
published Dec 18, 2017, 8:02:58 PM, by Greg Stohr (Bloomberg) — The Trump administration asked the U.S. Supreme Court for an emergency order that would temporarily stop a 17-year-old undocumented immigrant from having an abortion. The girl, who is about 10 weeks pregnant, could have an abortion as early as
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Trump’s Rivalry With China Overlooks U.S. Economic Reliance
published Dec 18, 2017, 3:59:11 PM, by Andrew Mayeda and Saleha Mohsin (Bloomberg) — President Donald Trump is breaking with recent U.S. convention by portraying China as a rival that wants to undermine American prosperity. But it may take more than an aggressive tone to change the complex relationship between
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House Republicans Propose $81 Billion in Disaster Spending
published Dec 18, 2017, 8:46:53 PM, by Erik Wasson (Bloomberg) — House Republicans on Monday proposed $81 billion in disaster relief for areas hit by hurricanes and wildfires, the largest standalone aid bill in recent years. The aid likely would be attached to a government spending bill that must be
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Not Everyone Loves These ETFs That Come With a Political Opinion
published Dec 14, 2017, 5:00:07 AM, by Carolina Wilson (Bloomberg) — Money managers have already tried to sell people exchange-traded funds linked to booze and over-eating. So it probably shouldn’t come as a shock that they’re moving on to an even touchier region of the American psyche — politics. Believe