published Apr 11th 2017, 7:52 pm, by Ryan Beene and John Lippert (Bloomberg) — The White House will seek to convene negotiations between federal regulators, carmakers and California officials for a pact on auto-efficiency standards through 2025 to ensure consistent rules in all 50 states. The administration wants to reach

published Apr 9th 2017, 10:00 am, by Filipe Pacheco (Bloomberg) — South African bonds will trade Monday carrying junk grades from two ratings agencies for the first time since 2000, while Russian assets may come under pressure as tension between President Vladimir Putin’s government and the U.S. escalates after an

published Apr 9th 2017, 6:00 pm, by Oliver Renick (Bloomberg Markets) — J.B. Heaton is an unlikely stock market revolutionary. He doesn’t work in investing, his academic research focuses on legal aspects of insolvency, and most of his holdings are index funds. Yet thanks to his intellectual wanderings, Heaton today

published Apr 7th 2017, 3:02 pm, by Jeremy Herron and Dani Burger (Bloomberg) — U.S. stocks ended a volatile session lower, while the dollar advanced with Treasury yields as investors looked past a U.S. military strike in Syria and worse-than-forecast hiring data. The S&P 500 Index slipped amid volume 15

published Apr 4th 2017, 7:52 am, by David Welch and Jamie Butters (Bloomberg) — Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent. As those grim numbers suggest, the U.S. auto industry was blindsided last month by just how fast sedans have fallen out

published Apr 7th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) — One of the great misunderstandings about the financial crisis is the role that repealing the Glass-Steagall Act played. This is newly relevant, as there has been interest from White House economic adviser Gary Cohn in restoring the Depression-era

published Apr 9th 2017, 5:00 pm, by Johan Carlstrom (Bloomberg) — One of the world’s most generous refugee destinations is about to learn whether its worst peacetime attack will prove a tipping point in setting immigration policy. For now, Swedes are making a vocal show of defending their open and

published Mar 22nd 2017, 10:30 am, by Tariq Panja (Bloomberg) — European soccer’s governing body is looking again at introducing a Major League Baseball-style luxury tax as it tries to find ways of restricting the continent’s richest teams from hoarding the game’s top talent. Action needs to be taken to

published Apr 6th 2017, 9:23 pm, by Ranjeetha Pakiam (Bloomberg) — Gold rallied with haven assets as the U.S. launched a punitive missile strike against Bashar al-Assad’s regime for its use of poison gas to kill civilians, with Secretary of State Rex Tillerson telling reporters that steps are under way

published Apr 4th 2017, 4:01 pm, by Bloomberg News (Bloomberg) — It took more than a decade for Yang Kai to amass one of China’s most celebrated dairy fortunes. He may have lost it in less than 90 minutes. The chairman of China Huishan Dairy Holdings Co., who turned a