published May 24th 2017, 8:45 am, by Suzanne Woolley (Bloomberg) —Average fees paid for U.S. mutual funds and exchange-traded funds fell to a new low of less than 0.6 percent in 2016, Morningstar reported on Tuesday. That’s good news for investors. But as fund companies drive down those expense ratios in a fight

published May 24th 2017, 5:18 pm, by Adam Haigh (Bloomberg) —Asian stocks were poised for a mixed start after the dollar declined with Treasury yields as investors assessed minutes from the Federal Reserve’s most recent meeting where officials said inflation remains muted. Fed policy makers said they needed to wait

published May 24th 2017, 7:05 pm, by Svenja O’Donnell, Alex Morales and Robert Hutton (Bloomberg) —British police condemned U.S. officials’ leaking of intelligence relating to the Manchester terror attack, calling it a breach of trust that risks undermining their investigations as the probe into the bombing extended to Libya. The

published May 23rd 2017, 4:46 pm, by Tony Capaccio (Bloomberg) —President Donald Trump’s first full-year defense budget would delay big increases in multibillion-dollar weapons systems while putting more money into troop readiness and precision munitions, such as 100 additional Tomahawk cruise missiles from Raytheon Co. The budget proposed Tuesday for

published May 23rd 2017, 6:40 pm, by Tim Ross, Robert Hutton and Thomas Penny (Bloomberg) —The British military will guard music and sports events in an unprecedented security operation as police hunt for potential accomplices of the suicide bomber who killed 22 people at a Manchester pop concert. After meeting

I am not a big fan of Deadpool (the Marvel character) or dead pools (polls that usually involve betting who will die in the present year). However, regarding dead pools, two men are usually at the top of them who I would just hate to see the world be without.

published May 23rd 2017, 1:07 pm, by Alex Nussbaum (Bloomberg) —For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters — the latest step in the country’s drive to allow foreign competitors back into its energy markets. A joint

published May 22nd 2017, 7:45 pm, by Margaret Talev and David Wainer (Bloomberg) —Donald Trump is betting that Arab nations hold the key to securing peace between Israel and the Palestinians, a paradoxical premise founded on his belief that shared concern over Iran will bring longtime rivals to the bargaining

published May 22nd 2017, 7:45 pm, by Margaret Talev and David Wainer (Bloomberg) —Donald Trump is betting that Arab nations hold the key to securing peace between Israel and the Palestinians, a paradoxical premise founded on his belief that shared concern over Iran will bring longtime rivals to the bargaining

published May 22nd 2017, 4:00 pm, by Bloomberg News (Bloomberg) —Inside a gated compound patrolled by armed guards, hulking towers and concrete buildings loom over fields where Silva Muthemba once grew maize and fattened his cattle. The granaries and surveillance cameras in this corner of southern Mozambique were part of