It’s Better to Buy Than to Rent, and It Probably Always Will Be
published Oct 20th 2016, 6:00 am, by Patrick Clark (Bloomberg) — Is it better to buy or rent your home? This is a somewhat silly personal finance trope that assumes a reader is a) living under a bridge and b) has a suitcase full of enough cash to afford a
You Risk a Ragged Retirement If You’re Counting On These Numbers
published Nov 1st 2016, 5:00 am, by Suzanne Woolley (Bloomberg) — If you’re relying blindly on hallowed personal finance averages—planning for 40 years of work, saving 15 percent of salary—you could be in for a rocky retirement. Retirement advice is made to be tailored to our needs and the times.
A No-Party U.S. Presidential Candidate Rises: Leonid Bershidsky
published Oct 25th 2016, 8:00 am, by Leonid Bershidsky (Bloomberg View) — The U.S. presidential election is not all about Donald Trump’s outrages or Hillary Clinton’s positioning as the the lesser evil. As an outside observer, I see hope in some Americans’ quixotic resolve to stand up to the ugliness
What Canada Can Teach Post-Brexit Britain: Clive Crook
published Nov 2nd 2016, 12:52 pm, by Clive Crook (Bloomberg View) — Canada, let’s agree, has much to teach the world. Following the signing of its new trade deal with the European Union, its lessons on the future of Britain and Europe are especially timely. The Economist just celebrated Canada’s
Woman Who Says Donald Trump Raped Her When She Was 13 Cancels Press Conference
published Nov 2nd 2016, 5:32 pm, by Ashley Cullins (Hollywood Reporter) – The woman who sued Donald Trump claiming he raped her when she was 13 was set to speak publicly for the first time Wednesday in a press conference – but she backed out at the last minute because
Facebook Revenue Jumps More than 50 Percent During Third Quarter
published Nov 2nd 2016, 5:16 pm, by Natalie Jarvey (Hollywood Reporter) – Facebook shares dropped as much as 7 percent after-hours on Wednesday after executives warned that revenue growth would slow next year as its ad load growth tapers off. The comments were made during the company’s third quarter earnings
U.S. Election Guide to Markets: What to Watch as Results Come In
published Nov 1st 2016, 6:00 pm, by Phil Kuntz (Bloomberg) —With the most unconventional election in modern American history drawing to a close, investors worldwide have begun hedging their bets that voters will keep a Democrat in the White House and Republicans in control of at least one chamber of
Tesla Sees SolarCity Boost Within 3 Years as Musk Hits Critics
published Nov 1st 2016, 6:25 pm, by Dana Hull and Christopher Martin (Bloomberg) —Tesla Motors Inc. Chief Executive Officer Elon Musk took his skeptics to task on Tuesday, giving more detail on potential benefits of the automaker’s pending SolarCity Corp. acquisition and saying the deal’s doubters have a history of
One Poll That Isn’t Going Clinton’s Way Is the U.S. Stock Market
published Nov 1st 2016, 10:37 am, by Rebecca Spalding (Bloomberg) —Few institutions have a better track record calling presidential races than the U.S. stock market. At the moment, it’s sending information that counts against Democrat Hillary Clinton. The performance of the S&P 500 Index has signaled the outcome of every
Want More Startups? Build a Better Safety Net: Noah Smith
published Oct 28th 2016, 6:00 am, by Noah Smith (Bloomberg View) —Back in 2012, Daron Acemoglu — an economist I follow and greatly respect — wrote a paper along with James Robinson and Thierry Verdier claiming to explain why Scandinavian countries are (supposedly) less innovative than the U.S. Acemoglu et