Asian Stocks Slip Amid Cautious Tone as Yen Gains: Markets Wrap
published Jun 5th 2017, 8:52 pm, by Adam Haigh (Bloomberg) —Equity markets in Asia fell as the yen strengthened, with investors opting for a note of caution following a seven-week surge for global stocks. Gold rose and oil extended declines. Japanese shares dropped while the yen rose to the highest level
Why the U.S. Can’t Kick Its Addiction to Social Security Numbers
published Jun 1st 2017, 3:00 am, by Suzanne Woolley (Bloomberg) —One Ring to rule them all, One Ring to find them,One Ring to bring them all, and in the darkness bind them.—J.R.R. Tolkien David Haas doesn’t like to give out his Social Security number. He fends off all the requests
Putin Says He’s Not Aware of Kushner’s Russia Channel Proposal
published Jun 4th 2017, 6:37 pm, by Ksenia Galouchko and Jordan Robertson (Bloomberg) —President Vladimir Putin said he’s unaware of any proposal from Jared Kushner, President Donald Trump’s son-in-law, to set up a secret line of communications between the incoming administration and the Russian government, and that it’s “nonsense” to
Odd Lots: Why Everyone’s Talking About the VIX and 50 Cent
published Jun 4th 2017, 7:15 pm, by Tracy Alloway and Joe Weisenthal (Bloomberg) — Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics. For the past few years, everyone in markets has been talking about nothing. Market moves have been subdued
Illinois Cut Near Junk by S&P, Lowest Ever for a U.S. State
published Jun 1st 2017, 11:40 am, by Elizabeth Campbell (Bloomberg) —Illinois had its bond rating downgraded to one step above junk by S&P Global Ratings, the lowest grade that it’s given to a U.S. state on record, as a long-running political stalemate over a budget shows no signs of ending.
Coal Isn’t Coming Back, Even With Trump Leaving the Paris Accord
published Jun 1st 2017, 6:59 pm, by Tim Loh (Bloomberg) —President Donald Trump just made good on his campaign vow to leave the Paris climate accord. Now, the hard part: making American coal great again. In announcing his withdrawal from the international pact to fight global warming, Trump touted mines
America’s Shale Gas Bounty Is Heading Overseas at a Record Clip
published May 31st 2017, 6:00 pm, by Naureen S. Malik and Kevin Varley (Bloomberg) — America’s natural gas is flowing out of the country at a record pace, helping to ease a supply glut at home while tumbling prices for the fuel entice overseas buyers. When the liquefied natural gas
SPORTS by Brad Weisman: The Feet
Is it possible that feet are the starting point for superior athletes? It is a good question that Gary Marinovich has placed emphasis on training the best of athletes at the highest level. The Marinovich name carried weight in football long before Todd Marinovich hit the field at USC. No
Skip the Avocado Toast to Save for Retirement: Noah Smith
published May 22nd 2017, 7:00 am, by Noah Smith (Bloomberg View) — I’ll confess that I once ate a very expensive piece of avocado toast, at a hip coffee shop in Brooklyn, New York. It wasn’t very good, either. So I hear what Australian mega-millionaire Tim Gurner is saying when
What You’re Missing When You Work From Home: Megan McArdle
published May 31st 2017, 7:39 am, by Megan McArdle (Bloomberg View) —It’s been more than 10 years since I last worked in an office on any regular basis, and remote work has worked for me and my employers. And yet, when I read that Apple and IBM were moving away