Dollar, U.S. Futures Pare Gains as Trump Speaks: Markets Wrap
published Feb 28th 2017, 8:43 pm, by Adam Haigh and Livia Yap (Bloomberg) — The dollar pared gains with U.S. stock futures as investors searched for new details of Donald Trump’s economic strategy during his speech to Congress. The Bloomberg Dollar Spot Index pulled back from a 0.4 percent gain,
Devotional March 1st: Be My Neighbor, Please, Please, Please!
Now I realize that the Bible has already addressed the subject of ‘who is my neighbor?’ I think that everyone knows the parable of the Good Samaritan that the Lord shared in Luke 10:25-37. However for me, it is not been an easy question. I remember in college where we
Worker Shortage Drives Japanese Companies Into Child Care
published Feb 27th 2017, 8:36 pm, by Yoshiaki Nohara (Bloomberg) — Faced with a shortage of workers, Japanese companies are taking matters into their own hands, helping the government fix a chronic lack of day care that is blunting efforts to get more women into the workforce. Nichiigakkan Co., which
Trump’s Fed Can Start a Central Banking Revolution: Mark Gilbert
published Feb 27th 2017, 6:03 am, by Mark Gilbert (Bloomberg View) — President Donald Trump will select three members of the Federal Reserve board during his term in office, including a replacement chair for Janet Yellen when her appointment expires early next year. He should seize the chance to refresh
Trump’s Chance to Tell Us What He Really Wants: Albert R. Hunt
published Feb 26th 2017, 9:00 am, by Albert R. Hunt (Bloomberg View) — President Donald Trump’s initial address to a joint session of Congress Tuesday night may be the most anticipated in memory. Not, as Trump would claim, because he’s so compelling. Rather it’s because, when it comes to substance,
Saudi Arabia Sees Growing Foreign Interest as New Market Opens
published Feb 26th 2017, 5:33 am, by Vivian Nereim and Yousef Gamal El-Din (Bloomberg) — Saudi Arabia is counting on rules that will extend the settlement cycle on stock trades to attract more foreign investors, Capital Market Authority Vice Chairman Mohammed El-Kuwaiz said. The Tadawul stock exchange has about 50
Trump’s Budget Won’t Touch Entitlement Programs, Mnuchin Says
published Feb 26th 2017, 11:12 am, by Joe Light (Bloomberg) — Treasury Secretary Steven Mnuchin said President Donald Trump’s upcoming budget won’t touch entitlement programs such as Social Security or Medicare, and will instead focus on ways to produce long-term economic growth by slashing taxes. “We are not touching those
Alphabet’s Waymo Alleges Uber Stole Self-Driving Secrets
published Feb 23rd 2017, 7:15 pm, by Mark Bergen and Kartikay Mehrotra (Bloomberg) — It took Alphabet Inc.’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies Inc. allegedly did it in nine months. Waymo claims in a lawsuit filed Thursday that
Women and Family: Mentorship by Brad Weisman
As I get older I realize how little I know even though my tenure in life has brought me new found wisdom. It has truly become clear to me that having a mentor all the time is probably not a bad thing. The challenge resides in picking a mentor that
Why It’s Been 31 Years Since the Last Tax Reform: Albert R. Hunt
published Feb 21st 2017, 6:30 am, by Albert R. Hunt (Bloomberg View) — President Donald Trump has promised the most comprehensive overhaul of the tax system since 1986. That was when a Republican president joined forces with a Democratic House of Representatives and a Republican Senate to lower personal income-tax