published May 15th 2017, 4:00 pm, by Bloomberg News (Bloomberg) —When evaporating profit margins prompted China’s Zhejiang Willing Foreign Trading Co. to launch its own brand for yoga wear last year, it spurned homegrown talent and turned to a French freelance designer. “Chinese designers just don’t have good taste for

published May 15th 2017, 5:54 pm, by Jonathan Bernstein (Bloomberg View) —I wish today’s bombshell from the Washington Post — that President Trump “revealed highly classified information to the Russian foreign minister and ambassador in a White House meeting last week” which “jeopardized a critical source of intelligence on the

published May 12th 2017, 7:57 am, by Ben Steverman (Bloomberg) —Motherhood is changing, as are mothers’ working lives—and those changes have economists concerned. For a while, women around the world were making clear economic progress. More of them were working, and they were earning more (and boosting the global economy in the process).

published May 12th 2017, 7:30 am, by Suzanne Woolley (Bloomberg) —Automation, that demon of American job security, may be the patron saint of retirement savings. The average balance in a 401(k) defined-contribution account at Fidelity Investments hit a record $95,500 in the first quarter, up more than 9 percent from a

published May 14th 2017, 11:38 am, by Kanga Kong (Bloomberg) —North Korea fired a ballistic missile early Sunday, its seventh such test this year, just days after South Korea elected a president who vowed to engage with Kim Jong Un’s regime. The missile was launched at 5:27 a.m. from the western

published May 11th 2017, 5:29 pm, by Sarah Mulholland and Caleb Melby (Bloomberg) —The company belonging to Jared Kushner’s family is pulling out of a presentation to investors in China following criticism that his sister invoked his work for his father-in-law, President Donald Trump, in a similar pitch last weekend.

published May 11th 2017, 9:35 am, by Lu Wang (Bloomberg) —Things are looking great for equities. Right? Before today’s plunge, hardly a day went by without another record. The S&P 500 Index has closed at an all-time high 16 times in 2017, its 7 percent advance through Wednesday led by

published Apr 5th 2017, 5:00 am, by Suzanne Woolley (Bloomberg) —“You know in your heart of hearts that when the account balance hits zero, the girlfriend is gone,” says Wendy Johnson. Johnson has been investigating suspicions of financial abuse of the elderly for six of her nine years on U.S. Bancorp

published May 10th 2017, 7:16 pm, by Chris Strohm (Bloomberg) —The Trump administration began its search for a replacement for ousted FBI Director James Comey while fending off questions about the president’s abrupt decision to fire the nation’s top law enforcement officer. President Donald Trump planned to meet Wednesday with

published May 10th 2017, 8:53 pm, by Adam Haigh (Bloomberg) —Asian stocks advanced as global equities remained at record levels and a rebound in oil boosted energy producers. The New Zealand dollar declined after the nation’s central bank said it will keep rates at a record low for an extended