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
Fully Charged: Sony Introduces Robot Toy as Recovery Takes Root
published Jun 20th 2017, 7:19 pm, by Pavel Alpeyev (Bloomberg) — Hi, this is Pavel, a technology reporter in Tokyo. Earlier this month, Sony unveiled an unusual new product —a robotic toy. At first glance, Toio, which stands for “toy” and “I/O,” looks like an old-fashioned video game console, complete
Oil Bear Market Hits Asia Stocks; China in MSCI: Markets Wrap
published Jun 20th 2017, 8:04 pm, by Garfield Reynolds (Bloomberg) —Asian shares retreated as crude oil tumbled into a bear market on concern a global supply glut will persist. Futures on China’s equities pointed higher after MSCI Inc. added the nation’s domestic stocks to its emerging-markets index. Australian equities led losses
Kushner Paves Way for Accelerated U.S. Push on Mideast Peace
published Jun 20th 2017, 2:36 pm, by Jonathan Ferziger (Bloomberg) —Jared Kushner’s return to Israel this week bolsters White House efforts to broker a peace deal, as Prime Minister Benjamin Netanyahu examines what he needs to give Palestinians to bring ties with the broader Arab world out of the shadows,
Trump To Join Texas Fight Against Sanctuary Cities, Lawyer Says
published Jun 19th 2017, 4:08 pm, by Laurel Brubaker Calkins (Bloomberg) —The White House has ordered the U.S. Justice Department to jump into Texas’s battle to force its cities and elected local officials to comply with the state’s tough sanctuary-city ban, which makes it a crime to shelter some undocumented
Trump’s In-Your-Face Lawyer Hits Back as Russia Testimony Looms
published Jun 14th 2017, 3:00 am, by Dune Lawrence (Bloomberg) — He tested the presidential waters for Donald Trump and then served as a campaign guard dog, threatening a reporter that he would “mess your life up.” Before long, he was swept up in the questions swirling around the administration
Trump Blames `Brutal’ North Korea Regime for Student’s Death
published Jun 19th 2017, 8:16 pm, by Justin Sink and Nick Wadhams (Bloomberg) —President Donald Trump on Monday denounced the death of Otto Warmbier, saying the University of Virginia student who spent more than a year imprisoned in North Korea suffered at the hands of a “brutal regime.” “At least
Israelis Are Getting a Taste for the Good Life — and Leverage
published Jun 17th 2017, 11:45 pm, by David Wainer (Bloomberg) —If you’ve been driving on Israel’s roads over the past decade, you’ve probably noticed that every year the highways get more congested and the cars flashier. Households that used to have just one car now allow themselves more. Changes are