Gold Investors Race to Exit in Biggest Futures Slump Since 2013
published Oct 4th 2016, 9:28 pm, by Luzi Ann Javier and Eddie van der Walt (Bloomberg) — The trickle of investors exiting gold in recent months has grown into a torrent. Gold futures slumped by the most in almost three years on Tuesday amid speculation that the period of easy
Devotional 7/20: Get Your Entitlement Part 2
So in the first part we discussed the idea that there ar few things that we are really entitled to as Americans except for life, liberty, and the pursuit of happiness, but we are participants in the American dream and we should believe we can obtain it. The question becomes
Two Views on Where the U.S. Has Made Inroads: Gibney & Lake
published Oct 3rd 2016, 10:44 am, by Eli Lake and James Gibney (Bloomberg View) — James Gibney, a member of the Bloomberg View editorial board, disagreed with part of a column last week by columnist Eli Lake. Their dialogue follows. J.G.: Kudos on a sharp column taking U.S. Secretary of
Supreme Court Rebuffs Obama, Won’t Revisit Immigration Plan
published Oct 3rd 2016, 1:33 pm, by Greg Stohr (Bloomberg) — The U.S. Supreme Court rejected a last-ditch bid by President Barack Obama’s administration to revive his plan to shield millions of unauthorized immigrants from deportation. The justices Monday said they won’t reopen a case that left the court deadlocked and
Amazon Cracks Down on ‘Incentivized Reviews’ on Marketplace
published Oct 3rd 2016, 6:43 pm, by Spencer Soper (Bloomberg) — Amazon.com Inc. is tightening controls on “incentivized reviews,” in which customers receive free or discounted goods in exchange for writing product critiques that many shoppers use when making online purchases. Amazon previously allowed such reviews to help new products
Trump Had $916 Million Loss in ’95, Cutting Taxes, NYT Says
published Oct 2nd 2016, 6:43 am, by Kevin Cirilli (Bloomberg) — Donald Trump was facing renewed pressure to release his personal tax information after a New York Times report that he recorded a $916 million loss on his 1995 income tax return, a deduction that might have allowed him to
Supreme Court Sets Itself Up for a Boring Term: Noah Feldman
published Oct 2nd 2016, 5:00 pm, by Noah Feldman (Bloomberg View) — The last Supreme Court term was strange by accident. Justice Antonin Scalia’s death in February left the court with only eight members, and several 4-4 decisions left major issues unresolved. Anticipated decisions on religious liberty, union dues and
Private Bankers, You Have Worse Coming. Don’t Fight It: Gadfly
published Oct 2nd 2016, 4:00 pm, by Andy Mukherjee (Bloomberg Gadfly) — The profession of providing tender loving care to the wealth of the world’s rich people is heading for its annus horribilis. Private bankers in Asia could deal with 2017 — and the headaches the year will bring —
Wheat at Lowest in a Decade Can’t Find Room in Feed Bunkers
published Sep 29th 2016, 3:09 pm, by Jeff Wilson (Bloomberg) — To understand one of the main reasons why wheat producers are having such a tough time, talk to Oklahoma cattle feeder Hitch Enterprises Inc. The closely held company has the capacity to feed 90,000 cattle and raise 300,000 hogs
Google Must Prove It’s Making Headway in the Cloud: Gadfly
published Sep 29th 2016, 1:21 pm, by Shira Ovide (Bloomberg Gadfly) — If horror-film villain Freddy Krueger had threatened terror for nine movies but never followed through with evil acts, eventually movie-goers would have stopped being scared of him. Google is at risk of becoming that neutered Freddy Krueger. For