Saudi Religious Police Return, Just With a Little Less Vengeance
published Jun 25th 2017, 8:00 pm, by Vivian Nereim (Bloomberg) —Outside a supermarket in Riyadh, a long-bearded police officer peers at a driver, glances at his female passenger and issues an order: “You should stay away from women.” The trouble for the young man is that women are banned from
Trump to Call for U.S. `Dominance’ in Global Energy Production
published Jun 25th 2017, 6:00 am, by Jennifer A. Dlouhy (Bloomberg) — Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance. The president also plans to emphasize that after decades of relying on foreign
Ohio Government Websites Hacked With Pro-Islamic State Messages
published Jun 25th 2017, 2:10 pm, by Mark Niquette (Bloomberg) — The website of Ohio Governor John Kasich apparently was hacked on Sunday with a posting professing love for the jihadist group Islamic State. Other state government websites also may have been compromised, including those for the Ohio Department of
How to Make the Service Economy Really Deliver: Victoria Bateman
published May 23rd 2017, 5:52 am, by Victoria Bateman (Bloomberg View) —When we think about productivity, we often have a bias towards physical goods — things we can touch and feel, like iPhones or suits. But over the past century, as the economic historian Stephen Broadberry has shown, services, not manufacturing,
Women and Family: Don’t Build a Monster by Brad Weisman
As a parent it is so critical to teach your kids in such a way they graduate to adulthood over time. Not at easy task who is to say what is the right way. However, with that said you don’t want to build a monster. Years ago I worked with
$500,000 Surprise: Health Care Sticker Shock Awaits You in Retirement
published Jun 22nd 2017, 11:54 am, by Suzanne Woolley (Bloomberg) —One of the hardest expenses to plan for in retirement could be the biggest: health care. It will pay to err on the high side. U.S. retiree health-care costs are likely to increase at an average annual rate of 5.5 percent over
Bank Investors Are One Step Closer to a Payout Bonanza: Gadfly
published Jun 22nd 2017, 4:49 pm, by Gillian Tan (Bloomberg Gadfly) —Investors in the biggest U.S. lenders can stress less and start banking on payouts. Results from the first phase of the Federal Reserve’s annual stress tests are in, and all 34 of the banks subject to this quantitative portion
Millennials Are Helping America Save More Money
published Jun 20th 2017, 4:45 am, by Suzanne Woolley (Bloomberg) —After almost a decade, Americans may finally be turning the corner on saving money. More than 30 percent of them say they have enough tucked away to cover six months’ worth of expenses—a seven-year high for this measure of financial calamity preparedness,
U.S. Stocks Drop on Brent Bear Slump, Gold Rises: Markets Wrap
published Jun 21st 2017, 3:27 pm, by Jeremy Herron (Bloomberg) —Most U.S. stocks fell as oil’s worsening slump weighed on energy and industrial shares, overshadowing fresh rallies in high flying technology and biotech companies. Brent crude slid beneath $45 a barrel to join West Texas Intermediate in a bear market
Trump Pledges Rural Broadband Support in Infrastructure Package
published Jun 21st 2017, 7:13 pm, by Alan Bjerga (Bloomberg) —President Donald Trump said that expanded access to broadband internet service in rural areas will be part of the infrastructure plan he will submit to Congress, helping to bridge a digital divide that leaves small towns behind. “I will be including