Renting Your Home Is American, If Not the Dream: Stephen Mihm
published Apr 1st 2017, 9:00 am, by Stephen Mihm (Bloomberg View) — Last week brought the news that home ownership rates continue to slide, with over half the nation’s largest cities now dominated by renters. The decline is particularly pronounced among millennials: Only 31 percent of adults under the age
All the President’s Millionaires: Trump Aides Unveil Assets
published Apr 1st 2017, 1:51 pm, by Caleb Melby, Dakin Campbell and Bill Allison (Bloomberg) — President Donald Trump’s White House began releasing personal financial information for scores of his staff members Friday night, offering the clearest view yet into the financial backgrounds of the wealthiest administration in modern history.
Ross Says Didn’t Knowingly Lend to Sanctioned Russians at Bank
published Apr 2nd 2017, 10:58 am, by Mark Niquette (Bloomberg) — U.S. Commerce Secretary Wilbur Ross said he’s not aware of the Bank of Cyprus Pcl having any significant dealings with Russians or other individuals and entities under U.S. sanctions while he was on its board of directors. Ross, 79,
Women and Family: How Utah Has Kept the American Dream Alive: Megan McArdle
published Mar 28th 2017, 5:00 am, by Megan McArdle (Bloomberg View) — There’s no getting around it: For a girl raised on the Upper West Side of Manhattan, Salt Lake City is a very weird place. I went to Utah precisely because it’s weird. More specifically, because economic data suggest
SpaceX Pulls Off First Reused Rocket Mission in Triumph for Musk
published Mar 30th 2017, 5:37 pm, by Dana Hull (Bloomberg) — Space Exploration Technologies Corp. re-flew a rocket that had previously been in orbit for the first time ever, a significant milestone in Chief Executive Officer Elon Musk’s mission to employ reusability as a means to reducing the cost of
Devin Nunes and the Tragedy of the Russia Inquiry: Eli Lake
published Mar 30th 2017, 5:59 pm, by Eli Lake (Bloomberg View) — Last week, the chairman of the House Intelligence Committee, Representative Devin Nunes, announced dozens of intelligence reports that inappropriately included details on President Donald Trump’s transition. This week, he told me that his source for that information was
U.S. Equities Climb on Muted Volume as Oil, Energy Stocks Rally
published Mar 29th 2017, 3:54 pm, by Oliver Renick (Bloomberg) — U.S. stocks edged higher on the third slowest trading day of the year as investors assessed economic data and continued to weigh the likelihood of legislative reform in the Trump administration. The S&P 500 added 0.1 percent to 2,361
Trump Travel Ban Back in Court, But Win Won’t Restore It
published Mar 29th 2017, 3:06 pm, by Kartikay Mehrotra and Erik Larson (Bloomberg) — Trump administration lawyers are back in court Wednesday to argue the president’s travel restrictions on citizens of six mostly Muslim nations should be allowed to take effect. But even a win — which is a long
Ivanka Trump to Join White House Officially After Ethics Stir
published Mar 29th 2017, 4:10 pm, by Ben Brody, Lindsey Rupp and Bill Allison (Bloomberg) — Ivanka Trump said she will become an official unpaid federal employee after Democratic lawmakers said her unspecified role advising her father, President Donald Trump, raised questions about how she’d avoid conflicts-of-interests. “I have heard
Ten Ways to Get a Good Return on Your Cash (Stocks Not Included)
published Mar 28th 2017, 3:00 am, by Suzanne Woolley (Bloomberg) — Maybe you’ve been riding that bull for eight years and feel like it might be getting tired. Maybe you’re getting a little jumpy yourself, with all that money in stocks and now the Trump-rally turbulence. You could use this