U.S. Federal Reserve Meeting Minutes for Feb. 1
published Feb 22nd 2017, 1:00 pm (Bloomberg) — Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on Feb. 1. The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 31-February 1,
Claims for Jobless Benefits in U.S. Point to Firm Job Market
published Feb 23rd 2017, 7:30 am, by Patricia Laya (Bloomberg) — The number of Americans filing for unemployment benefits increased last week, while staying within a range that shows subdued firings. Jobless claims rose by 6,000 to 244,000 in the week ended Feb. 18, a report from the Labor Department
Economists Get Too Much Credit, and Also Blame: Victoria Bateman
published Feb 23rd 2017, 6:24 am, by Victoria Bateman (Bloomberg View) — Not so long ago economists appeared to rule the world. The globalization reaching into every home was christened the brainchild of neoliberal economics. But when things began to go wrong, starting in 2007, economists took a beating. Now,
North Korea Offers Opportunity for China and U.S.: Junheng Li
published Feb 21st 2017, 4:00 pm, by Junheng Li (Bloomberg View) — North Korea’s test of a ballistic missile on Feb. 11 and the assassination of Kim Jong Nam, the estranged half-brother of Kim Jong Un, in Kuala Lumpur on Feb. 13, are a reminder of two uncomfortable facts. First,
Trump Eyes Easing Obama Rules for Sprawling Pipeline Network
published Feb 21st 2017, 6:00 pm, by Catherine Traywick and Laura Blewitt (Bloomberg) — The hints of a pipeline spill are subtle: the hiss of rushing fluid, a streak of rainbow sheen. Tucked far below ground, a ruptured line can escape notice for days or even weeks, especially in the
Equities Rally Stalls in Asia as Yen Strengthens: Markets Wrap
published Feb 21st 2017, 6:36 pm, by Adam Haigh (Bloomberg) — Bulls relinquished some of their grip on stocks as a global rally stalled in Asia and the yen strengthened. Japan’s Topix index briefly erased an early gain as the yen climbed, with equities in Sydney lower and Seoul’s Kospi
Devotional 2/22: Doomsday Preppers
I know that people have been saying this for at least 2,016 years but, I have heard a lot of people on TV saying that we are in the last of the last days. I do not know if it is true or not, but I am pretty sure that
For $12,500, You Can Train With Olympic Medalists in France
published Feb 17th 2017, 5:51 am, by Chris Stokel-Walker (Bloomberg) — When the treadmill simply won’t do, there’s always another option — fly to France to be coached by Olympians. A new, five-day boot camp aimed at amateur — and well-heeled — triathletes, cyclists and runners offers the chance to
How Trump’s Approach May Alter Israeli-Palestinian Peace Efforts
published Feb 20th 2017, 4:00 pm, by Jonathan Ferziger (Bloomberg) — When U.S. President Donald Trump said Feb. 15 that Israelis and Palestinians could hash out for themselves whether the answer to their decades-old conflict is one state or two, he resuscitated an option previous administrations had buried. Below is
Where Crony Capitalism Rises, Prosperity Falls: Matthew Winkler
published Feb 20th 2017, 5:15 pm, by Matthew Winkler (Bloomberg View) — With populists emulating autocrats from Azerbaijan to Zimbabwe, free markets are being forced to confront crony capitalism. One response is visible in the reversal of fortunes of Malaysia and Indonesia. The two nations still wrestle with the politics