China Creates New Economy Gauges of Innovation, Entrepreneurship
published Aug 17th 2016, 4:00 pm, by Bloomberg News (Bloomberg) — China is adding new instruments to its economic dashboard that will incorporate big data to help better track innovation and entrepreneurship in the new economy. Three indicators tracking innovation, entrepreneurship and the new economy are rolling out this year
Exxon Said to Slow Louisiana Refinery as People Escape Flood
published Aug 17th 2016, 6:14 pm, by Barbara Powell and Brian K. Sullivan (Bloomberg) — Exxon Mobil Corp. curbed operations at the fourth-largest U.S. refinery as record flooding in Louisiana shut roadways, sent tens of thousands fleeing from their homes and threatened the state’s oil infrastructure. The Baton Rouge refinery
Amazon Courts Women Entrepreneurs With Event to Boost Sales
published Aug 16th 2016, 8:17 pm, by Spencer Soper (Bloomberg) —Amazon.com Inc. is making an effort to woo more women entrepreneurs to its online marketplace, which attracts 300 million shoppers from 185 countries, by emphasizing the company’s global reach and tools for efficiently building a budding business. The company made
Share the View: Be Skeptical of Miracles, Economic and Otherwise
published Aug 15th 2016, 4:00 am, by Share the View (Bloomberg View) —There’s No Such Thing as an Economic Miracle It’s not exciting, but it’s true: Wealthy countries tend to get there through slow, steady growth, and today’s developing economies will probably be no exception. So for a glimpse into China’s economic future,
Traders Brace for More Turmoil in World’s Worst Equity Market
published Aug 16th 2016, 6:00 pm, by Roxana Zega (Bloomberg) —While most western-European markets have recovered from the Brexit shock, Italy still has a long way to go. With a looming referendum and an ongoing banking crisis, traders are paying up to hedge against more stock turbulence. Investors in the
Devotional 8/17: The Song Remains The Same
I have been following the coming election between Hillary Clinton and Donald Trump very closely. I have been checking the news every night and reading different political analysts. The reason I have been doing this is because though I am and always be a Mike Huckabee supporter, I really hope that
Clinton Is Getting Away With Policy Malpractice: Paula Dwyer
published Aug 15th 2016, 7:30 am, by Paula Dwyer (Bloomberg View) — Hillary Clinton has given another fine speech about the economy. It was supposed to lay out her plans to create jobs, boost growth and restore income equality, in response to Donald Trump’s economic address a few days earlier.
Gold Traders Take a Snooze as Volatility Drops to One-Year Low
published Aug 15th 2016, 1:13 pm, by Luzi Ann Javier (Bloomberg) — Gold trading has gone quiet again as investors await the next clue on the timing of any U.S. interest-rate increase by the Federal Reserve. The precious metal’s 30-day historical volatility has slumped to the lowest in a year.
Aetna to Quit Most Obamacare Markets, Joining Major Rivals
published Aug 15th 2016, 8:41 pm, by Zachary Tracer (Bloomberg) —Health insurer Aetna Inc. will stop selling individual Obamacare plans next year in 11 of the 15 states where it had been participating in the program, joining other major insurers who’ve pulled out of the government-run markets in the face
Trump Echoed Again by U.S. Foe as Hezbollah Cites Obama-IS Theme
published Aug 14th 2016, 1:29 pm, by Nour Al Ali (Bloomberg) — The leader of Lebanon’s Hezbollah group cited Donald Trump in accusing the U.S. and President Barack Obama of creating Islamic State, becoming the latest American adversary to quote or praise the Republican nominee. Echoing Trump, Sayyed Hassan Nasrallah