published Jan 29th 2017, 4:25 pm, by Robert Hutton and Andrew Atkinson (Bloomberg) —The Trump administration moved to reassure the U.K. over the impact of its immigration ban, saying only people traveling from seven Muslim-majority countries will be hit by it. Prime Minister Theresa May ordered her top diplomat, Boris

published Jan 26th 2017, 2:30 pm, by Keith Naughton (Bloomberg) — Ford Motor Co. revealed Thursday the price paid for its aggressive push to curry favor with President Donald Trump: $200 million. Within fourth-quarter results that met analyst expectations, Ford took a $200 million charge to cover the cost of

published Jan 26th 2017, 5:33 pm, by Narae Kim (Bloomberg) —Beijing’s bid to rope banks into its quest to stem capital outflows wins top marks for creativity, but it won’t stem the tide in the long term, says Paul Gruenwald, the chief Asia Pacific economist at S&P Global Ratings. The

published Jan 26th 2017, 4:01 pm, by Michael S. Arnold and Jonathan Ferziger (Bloomberg) — President Donald Trump will keep his pledge to move the U.S. embassy in Israel to Jerusalem, former New York City Mayor Rudolph Giuliani said, despite Palestinian warnings that such a step would spark violence and

published Jan 25th 2017, 4:50 pm, by Ben Steverman (Bloomberg) —Every January, it starts again. TurboTax battles H&R Block for dominance in tax preparation, while smaller players fight over the rest of the market. Despite the fierce competition, your return should end up looking more or less the same, no matter

published Jan 25th 2017, 3:34 pm, by Oliver Renick (Bloomberg) —U.S. stocks rose Wednesday, carrying forward a global equity rally that’s propelled by expectations of stronger economic growth and government spending by President Donald Trump’s administration. The S&P 500 advanced 0.8 percent to 2,298.37 at 4 p.m. in New York

published Jan 25th 2017, 2:23 pm, by Mark Shenk (Bloomberg) —Oil declined after a U.S. government report showed crude and fuel inventories increased. Futures fell 0.8 percent in New York. Crude supplies  rose 2.84 million barrels in the week ended Jan. 20, the Energy Information Administration said. Gasoline stockpiles climbed a fourth

published Jan 23rd 2017, 5:00 am, by Suzanne Woolley (Bloomberg) —A profit center. A silent fee. One more kick in the pants. Those are a few of the ways divorce lawyers describe the fee that many 401(k) plan participants have to pay when they need to divide a retirement account in a

October of 2016 was the 12 years anniversary since Pulp Fiction was released to theaters. I do not know if you have seen it, but according to the American Film Institute, it is one of the best movies ever made. I have to agree with them. Though it is not

published Jan 24th 2017, 11:44 am, by Nir Kaissar (Bloomberg Gadfly) —President Trump has embraced Twitter as his bully pulpit, a 140-character instantaneous broadcast of his pronouncements and denouncements, including about companies that he thinks deserve his praise or ire. Some big banks and hedge funds are apparently using computer