Investors Should Avoid Sector ETFs During Strong Earnings Season
published Apr 25th 2017, 12:08 pm, by Carolina Wilson (Bloomberg) —Looking to capitalize on what’s shaping up to be a strong earnings season? You may want to avoid some of the most popular vehicles in the market: large sector exchange-traded funds. ETFs tracking all sectors have gathered a record $18.1
Talks to Avert Shutdown Near Finale as Trump Yields on Obamacare
published Apr 26th 2017, 3:42 pm, by Steven T. Dennis, Anna Edgerton and Erik Wasson (Bloomberg) —Republicans and Democrats worked to put the final touches on a $1.1 trillion spending bill needed to avert a U.S. government shutdown after the White House appeared to satisfy Democrats’ demand that President Donald
U.S. Pushes Sanctions, Diplomacy as North Korea Threat Grows
published Apr 26th 2017, 6:44 pm, by Nick Wadhams, Steven T. Dennis and Terrence Dopp (Bloomberg) —U.S. national security leaders emphasized economic sanctions and diplomacy to persuade North Korea to dismantle its nuclear weapons and ballistic missile programs, even as the Pentagon ramps up its military presence in the region
Google Rewrites Its Powerful Search Rankings to Bury Fake News
published Apr 25th 2017, 9:00 am, by Mark Bergen (Bloomberg) —Google isn’t planning to rid fake news from its search results — but it’s trying to purge it from the top. The Alphabet Inc. company is making a rare, sweeping change to the algorithm behind its powerful search engine to
Your Tax Refund Could Be Hostage to a Government Shutdown
published Apr 25th 2017, 11:00 am, by Suzanne Woolley (Bloomberg) —For many U.S. taxpayers, a two-week delay in receiving their refund would be an annoyance. For others, living from paycheck to paycheck, a lag of just a few days could be a crisis, busting deadlines on rent checks and car payments. For
Perry Says Trump Should Renegotiate, Not Exit, Paris Accord
published Apr 25th 2017, 3:34 pm, by Joe Ryan (Bloomberg) —Energy Secretary Rick Perry became the latest senior member of President Donald Trump’s administration to publicly advocate for staying in the Paris climate accord, saying the U.S. should renegotiate the deal and push European nations to take on a larger
Inside Japan’s Plan to Avoid Trump’s Wrath on Trade Disputes
published Apr 11th 2017, 10:23 pm, by Maiko Takahashi and Connor Cislo (Bloomberg) —Japan had one main objective when Prime Minister Shinzo Abe visited the White House in February: Deal with U.S. Vice President Mike Pence on major economic disputes. Ahead of the meeting, President Donald Trump had lashed out
The Average Person Really Isn’t Rockefeller Rich: Barry Ritholtz
published Apr 24th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) —You are not poor; income inequality is a myth; the middle class is doing just fine. That seems to be the message coming from numerous right-leaning think tanks, websites and authors. I was reminded of this yet again over
Taxes Are No Longer Certain And That’s Disrupting Solar Deals
published Apr 24th 2017, 4:21 pm, by Brian Eckhouse (Bloomberg) — Even without any specific tax-reform proposals, President Donald Trump’s pledge to revamp U.S. policies is already affecting the solar industry, and not in a good way. “It’s causing disruptive effects on finance,” Abigail Ross Hopper, president and chief executive
Trump Plans Top-Level Briefing With Senators on North Korea
published Apr 23rd 2017, 3:45 pm, by Ros Krasny (Bloomberg) —The White House will hold a briefing for senators with its “four principals” on North Korea as the administration considers its options for dealing with saber-rattling from Pyongyang. Secretary of State Rex Tillerson, Defense Secretary Jim Mattis, Director of National