Is Valentine’s Day a Threat to Your Retirement?
published Feb 14th 2017, 10:21 am, by Suzanne Woolley (Bloomberg) —It’s Valentine’s Day. Time for grim reflection on the many threats to your financial security. Not content to bombard consumers (and journalists) every other day of the year, on Feb. 14 financial services marketers tend to tie themselves in love knots
Amazon Might Just Transform How Goods Are Shipped: Adam Minter
published Feb 14th 2017, 4:00 pm, by Adam Minter (Bloomberg View) —For consumers, Amazon’s made shipping easy: Just choose the desired delivery date for your goodies and click. For the manufacturers who have to get those products to you, however, shipping remains a troublesome, inefficient, stubbornly analog business. Your “one-click”
U.S. May Not Make Two States a Precondition for Mideast Peace
published Feb 14th 2017, 7:14 pm, by Jennifer Epstein and Margaret Talev (Bloomberg) —The Trump administration will center its Israel-Palestinian policy goals around peace rather than a two-state solution, a senior White House official said Tuesday on the eve of Israeli Prime Minister Benjamin Netanyahu’s meeting with President Donald Trump.
Trump Seeks to Buy Time on Travel Ban Showdown in Seattle
published Feb 13th 2017, 3:45 pm, by Kartikay Mehrotra and Patricia Hurtado (Bloomberg) —The Justice Department is seeking to pause a legal challenge to President Donald Trump’s immigration and travel restrictions by the states of Washington and Minnesota as the White House considers revising its executive order. Washington state’s attorney
What’s Keeping Black Families Poor in America: Mark Whitehouse
published Feb 13th 2017, 5:00 am, by Mark Whitehouse (Bloomberg View) —Over the past few decades, black Americans have gained on whites in a lot of areas, including education, two-parent families and employment. Sadly, that doesn’t appear to have helped them erase what may be the most important disparity: wealth.
Equities Add to Records as Financial Shares Lead Advance
published Feb 13th 2017, 3:23 pm, by Oliver Renick (Bloomberg) —U.S. stocks climbed, following fresh record highs for benchmark indexes on Friday, as banks rallied and investors continued to assess corporate earnings that are posting the best growth since 2014. The S&P 500 Index rose 0.5 percent to 2,328.25, the
France Is Most at Risk From Aging Society: Chart
published Feb 10th 2017, 11:11 am, by Wei Lu and Vincent Del Giudice (Bloomberg) — If you’re looking to retire, you may want to avoid these countries. With the world’s working-age population shrinking faster than expected, fewer people are left to support a growing number of seniors, according to the
Are Young Americans Ashamed of Their Debt?
published Feb 7th 2017, 10:00 am, by Suzanne Woolley (Bloomberg) — Financial services companies go into overdrive around Valentine’s Day, along with florists, chocolate makers, and jewelers. Usually, it’s surveys about love and money, with advice on avoiding financial conflict with a partner. Student loan company SoFi has thrown its
Brazil, Russia Favored in Emerging Market Survey; China Dodged
published Feb 12th 2017, 2:00 pm, by Yumi Teso and Lilian Karunungan (Bloomberg) — Combine the prospects for interest-rate cuts with their higher carry-trade returns and two countries stand out as the best bets this year in emerging markets: Brazil and Russia. In a survey of 16 investors and analysts
U.S. Stocks Set Records After Jobs Data as Banks, Energy Rally
published Feb 9th 2017, 3:22 pm, by Oliver Renick (Bloomberg) —U.S. stocks advanced to new highs after weekly applications for unemployment benefits unexpectedly declined and investors assessed earnings from Coca-Cola Co. and Kellogg Co. to Twitter Inc. The S&P 500 Index rose 0.6 percent to 2,307.87 at 4 p.m., while