Fake Divorce Is Path to Riches in China’s Hot Real Estate Market
published Oct 23rd 2016, 4:00 pm, by Bloomberg News (Bloomberg) — Earlier this year, Mr. and Mrs. Cai, a couple from Shanghai, decided to end their marriage. The rationale wasn’t irreconcilable differences; rather, it was a property market bubble. The pair, who operate a clothing shop, wanted to buy an
Clinton Foundation Aide Said to Have Cited Conflicts of Interest
published Oct 20th 2016, 4:59 pm, by Ben Brody (Bloomberg) — A top official at the Clinton Foundation said he could name “500 different examples” of conflicts of interest, including some involving former President Bill Clinton, according to more of the e-mails purportedly hacked from the account of Hillary Clinton’s
Microsoft Sales, Profit Top Estimates as Cloud Demand Soars
published Oct 20th 2016, 6:14 pm, by Dina Bass (Bloomberg) — Microsoft Corp.’s first-quarter sales and earnings topped analysts’ estimates, buoyed by growing demand for cloud-based software and services. Profit excluding certain items was 76 cents a share on adjusted sales of $22.3 billion, the Redmond, Washington-based company said in
SPORTS: How the Chicago Cubs Could Boost World Series Ratings (and Give Fox a $30M Advertising Windfall)
published Oct 19th 2016, 10:29 am As Chicagoans Bill Murray and John Cusack know well, it has been 108 years since the Cubs won the World Series. But now the team could be headed to its first Fall Classic since 1945 – and Fox Sports is as happy as any
*Another Explanation for the U.S. Incarceration Boom: Justin Fox
published Oct 20th 2016, 1:47 pm, by Justin Fox (Bloomberg View) — In 1999, the unemployment rate in the U.S. was just 4.2 percent, compared with 8.6 percent in Germany and 11.3 percent in France. The labor force participation rate (the percentage of the working-age population either with jobs or
The Cashless Society Is Just Another Creepy Fantasy: Elaine Ou
published Oct 19th 2016, 12:40 pm, by Elaine Ou (Bloomberg View) — It’s fun to imagine a world without cash. Liberated from the burden of physical currency, consumers could make purchases from the convenience of a mobile device. Every transaction would come equipped with fraud protection, reward points and a
Look Who’s Driving the U.S. Housing Market
published Oct 19th 2016, 5:01 am, by Patrick Clark (Bloomberg) — Not very long ago, it was fashionable to ask if millennials would ever crawl out of their parents’ basements and into a realtor’s office. Enthusiasm for that view, which had gained wide exposure by 2012, lost steam as mortgages
Tale of the Tape: Trump Unbound in Final Showdown With Clinton
published Oct 19th 2016, 9:44 pm, by Justin Sink (Bloomberg) — Donald Trump had two choices to try to pull out of a dive in the polls during the final presidential debate: serious and sober, or classic, combative Trump. In a way, he tried both — and the contest Wednesday
Devotional 10/19: A Question About Hillary For You!
I apologize that I do not have a real devotional available for you this week. However, recently, I have been thinking a lot about the upcoming election and the candidates. I have had a couple of huge questions on my mind that I was hoping to get some feedback on. The
Pressure Cited Against Marking Clinton E-Mails Classified
published Oct 17th 2016, 2:51 pm, by Chris Strohm, Andrew Harris and Ben Brody (Bloomberg) — A State Department team responsible for determining which records should be kept secret felt “immense pressure” not to label any of about 300 e-mails found on Hillary Clinton’s private e-mail server as classified, according