published Dec 4th 2016, 4:14 pm, by Chiara Albanese (Bloomberg) — The euro fell as exit polls showed a lead for the “no” campaign in Italy’s constitutional referendum. The single currency slid against all of its 16 major peers as investors gauged whether the vote could upset the nation’s political

published Dec 4th 2016, 3:00 pm, by Connor Cislo (Bloomberg) — As much of working-age Japan frets about having enough money in old age, the nation’s seniors are increasingly propping up consumer spending, accounting for the little growth in consumption the country has seen in recent years. It is something

published Nov 29th 2016, 11:00 am, by Leonid Bershidsky (Bloomberg View) —The income distributions of many professions look like pyramids: A few very well-paid people at the top, a smaller number of well-off journeymen in the middle and lots of struggling hopefuls at the bottom. That pyramid is especially steep

published Nov 21st 2016, 11:07 am, by Francis Wilkinson (Bloomberg View) — Donald Trump plans to appoint opponents of Islam, a religion practiced by roughly 1.6 billion people, to top positions in his administration. Both Stephen Bannon, whom Trump said he will make his chief White House strategist, and Lt.

published Dec 1st 2016, 5:04 pm, by Shelly Banjo (Bloomberg Gadfly) — New blood is good, right? Well, not exactly. Starbucks Corp.’s stock dropped as much as 10 percent in after-market trading Thursday on news that CEO Howard Schultz is stepping down from the coffee chain he bought in 1987

published Dec 1st 2016, 5:45 pm, by Emma O’Brien and Choong En Han (Bloomberg) — The Trump rally is running out of steam as fresh concerns over the U.S. outlook and stability in Europe weigh on the dollar and global equities. The Bloomberg Dollar Spot Index is headed for its

published Nov 30th 2016, 4:23 pm, by Shahien Nasiripour (Bloomberg) — The Obama administration, presenting itself as an ally to student debtors, has worked to make the federal student loan program more generous to them and argues that its efforts will mean more than $108 billion in student debt will

published Nov 30th 2016, 6:05 pm, by Lananh Nguyen and Chikako Mogi (Bloomberg) — The dollar completed its best month versus the yen in two decades as rising Treasury yields added to the U.S. currency’s allure. The greenback extended Wednesday’s surge on speculation that the Federal Reserve will raise interest

published Nov 30th 2016, 10:15 pm, by Ari Altstedter (Bloomberg) — For more than two years Kiran Mazumdar-Shaw had a quarterly date with her Twitter trolls. Every three months, after her Bangalore-based pharmaceutical company would deliver its earnings report, Mazumdar-Shaw says the trolls would emerge. They would tell the Biocon

published Nov 29th 2016, 5:01 pm, by Paul Bond (Hollywood Reporter) – Hollywood insider Mnuchin, whose film credits as an executive producer include the Tom Hanks film Sully and the Ben Affleck movie The Accountant, is expected to be named President-elect Donald Trump’s Treasury Secretary as early as tomorrow, The