published May 21st 2017, 9:00 am, by Albert R. Hunt (Bloomberg View) —The Democratic Party’s chance to win back the House of Representatives next year, considered a long-shot only a short while ago, is soaring thanks to a crack recruiter: President Donald Trump. Trump is energizing Democrats and demoralizing Republicans.

As a kid and teenager taking a jolt to the head meant nothing. You got back up and played the game. If you could see stars you were in fact excited and if you saw fireworks it was a treat. Perhaps there is nothing comical about seeing either. In fact,

published May 19th 2017, 8:32 am, by Matt Levine (Bloomberg View) —MiFID II. One thing that I like to say around here is that a lot of the financial industry is run as essentially a gift economy. Investment bankers don’t just do stuff for clients and send them the bill:

As college football approaches it is important to see how some athletes make big changes when they step away from the game. Todd Marinovich has been in the news quite bit for his downfall and getting back on his feet. He was a star at USC and made it into

published May 17th 2017, 10:31 am, by Suzanne Woolley (Bloomberg) —With graduation gifts, it’s the thought that counts. The cash is nice, too. Spending on graduation gifts in the U.S. is expected to reach $5.6 billion this year, according to a new survey from the National Retail Federation. That tops last

published May 18th 2017, 5:00 pm, by Adam Minter (Bloomberg View) —It’s been an excellent few months for startups in China’s sharing economy. Perhaps too good. The bike-sharing industry landed its first unicorn, and companies that allow phone users to share battery packs have raised at least $150 million in

published May 18th 2017, 6:01 pm, by Mark Shenk and Grant Smith (Bloomberg) —OPEC will extend an accord that trims production, even as surging U.S. output threatens the group’s goal of draining excess supply, according to a Bloomberg survey. The Organization of Petroleum Exporting Countries and its allies will prolong

published May 17th 2017, 5:00 pm, by Noah Feldman (Bloomberg View) —The American obsession with President Donald Trump and the investigation into untoward Russian influence is distracting us from China’s bid to displace the U.S. when it comes to global leadership. The latest major step is the “Belt and Road”

published May 13th 2017, 12:16 pm, by Margaret Talev (Bloomberg) —A defiant President Donald Trump told the graduating class at Liberty University to stand up to criticism and challenge conventions in his first commencement address since taking office, a message that seemed aimed at his detractors as much as to

published May 17th 2017, 6:28 pm, by Benjamin Purvis (Bloomberg) —Volatility was set to spread across Asian equity markets after turmoil surrounding Donald Trump’s administration sparked the worst day in eight months for U.S. stocks as investors rushed toward haven assets. Equity index futures in Australia, Japan and South Korea pointed