
Saudi Arabia Is Said to Exceed Oil-Production Cap for First Time
published Jul 11th 2017, 4:00 pm, by Wael Mahdi (Bloomberg) —Saudi Arabia told OPEC it pumped 10.07 million barrels a day in June, a person with knowledge of the data said, exceeding its production limit for the first time since brokering a deal to curb global crude supply to counter a glut.

Devotional 7/12: Getting Over God?
Several weeks ago, I was at a doctor’s office. While I was waiting for the doctor to show up, I looked at his bookshelf. Among the books was a book entitled Getting Over God (I cannot remember the author). Upon initially seeing the book. I naturally got defensive, as faith

U.S. Stocks Rebound From Trump Shock, Oil Rises: Markets Wrap
published Jul 11th 2017, 3:05 pm, by Jeremy Herron (Bloomberg) —Fresh reports on the Trump campaign’s possible involvement with Russia during last year’s election shattered calm on financial markets Tuesday, sending U.S. stocks lower in a brief spurt of late morning selling. The move proved short-lived, as the S&P 500
Passive Investing Might Not Be Great for Growth: Noah Smith
published Jul 10th 2017, 5:30 am, by Noah Smith (Bloomberg View) —When United Airlines called security to drag passenger David Dao off of his flight back in April, some observers cheered the airline’s falling stock price, expressing the hope that this would punish the company’s executives and owners and spur

Trump Invokes Patriotism, Unity After Day of Anti-Media Tweets
published Jul 1st 2017, 10:06 pm, by Margaret Talev (Bloomberg) —President Donald Trump delivered a campaign-style speech heavy with patriotic themes and support for American troops on Saturday night, and didn’t spare the news media from another dose of the criticism dished out earlier in the day on social media.

Congress’s Other Health-Care Problem Awaits Action on ACA
published Jul 10th 2017, 5:18 pm, by Anna Edney (Bloomberg) —Congress must renew a fee program that funds government review of new drugs and medical devices, but a legislative logjam over the Senate’s health-care overhaul stands in its way. Lawmakers need to sign off on the drug and device fees

U.K. Wants to Insure Poorer Nations Against Natural Disasters
published Jul 7th 2017, 4:30 pm, by Robert Hutton (Bloomberg) —The U.K. will attempt to build a market for insuring countries against natural disaster, with the goal of providing more stable funding for relief from famines and floods. Prime Minister Theresa May will announce the move at the Group of

Foreigners Are Shoring Up Japan’s Shrinking Population
published Jul 9th 2017, 3:00 pm, by James Mayger (Bloomberg) —While the latest data shows that the number of Japanese shrank by a record in 2016, the demographic picture isn’t quite so bleak when you include the growing ranks of foreigners. There are now 2.3 million foreigners resident in Japan.

Trump Plan for Cybersecurity Force With Russia Gets Thumbs Down
published Jul 9th 2017, 5:06 pm, by Mark Niquette and Nick Wadhams (Bloomberg) —Home from the Group of 20 meeting in Germany, President Donald Trump tweeted that he’d discussed creating a cyber security unit with Russian President Vladimir Putin — drawing howls of criticism from fellow Republicans as well as

Don’t Expect Health Coverage If You Survive a Gunshot Wound
published Jul 6th 2017, 2:37 pm, by Suzanne Woolley (Bloomberg) —Among gunshot survivors, 51-year-old House Majority Whip Steve Scalise is an outlier. Such victims are more likely to be low-earning black men between the ages of 15 and 24. Scalise, who is white, does share one fundamental characteristic with these younger men: Being shot means