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Fed Fueling ‘Obama Paper Bull’ Market, Trump Adviser Says
published Sep 20th 2016, 7:11 pm, by Kevin Cirilli (Bloomberg) — Donald Trump’s senior economic adviser Peter Navarro questioned Federal Reserve Chairwoman Janet Yellen’s truthfulness while defending the Republican nominee’s attacks on the central bank. “What we have is a stock market that is the Obama paper bull,” Navarro said
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T-Mobile, Sprint Take Each Other’s Customers as Market Slows
published Sep 20th 2016, 3:14 pm, by Scott Moritz (Bloomberg) — T-Mobile US Inc. and Sprint Corp. say they are taking each others’ customers as the two smallest U.S. wireless carriers search for growth amid a slowing mobile-phone market. T-Mobile added about 753,000 monthly phone subscribers so far in the
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*After 40 Years of Boom, Bust Hits America’s Cowboy Coal Basin
published Sep 20th 2016, 6:00 pm, by Tim Loh (Bloomberg) — The last bastion of the American coal industry has been breached. The bust that’s devastated Appalachia for five years has finally reached cowboy country’s Powder River Basin. For four decades, the 300-mile corridor stretching from Wyoming north into Montana
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Devotional July 26: G-d Plays the Field
My favorite book of the Bible is the book of Jeremiah. The reason that I love this book is that it does not have a “happy ending.” All throughout the book, Jeremiah does what G-d tells him to do and in response he is beaten, thrown into a cistern/well, put
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Self-Driving U.S. Car Plan Said to Push Information Sharing
published Sep 19th 2016, 2:59 pm, by Jeff Plungis (Bloomberg) — The Obama administration is set to unveil a policy framework Tuesday to govern the development of self-driving cars, including new ways for automakers to share information on emerging technology with the government, according to people familiar with the announcement.
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The New Short: Find Industries Exposed to Exotic Hacks
published Sep 6th 2016, 4:21 pm, by Jordan Robertson and Michael Riley (Bloomberg) — A new way to bet against stocks is born. A few hours after Carson Block announced last Thursday that he was shorting St. Jude Medical Inc. stock over hacking risks to the company’s pacemakers and defibrillators,
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Putin May Not Really Want a Syria Deal: Leonid Bershidsky
published Sep 19th 2016, 4:48 pm, by Leonid Bershidsky (Bloomberg View) — What looked like a promising U.S.-Russian deal in Syria has collapsed amid mutual recriminations. Throughout the failed truce, Russia behaved as though it didn’t attach much value to it, and it probably doesn’t want an agreement with the
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U.S. Stocks Slide With Investors Wary on Growth Before Fed Meets
published Sep 16th 2016, 3:26 pm, by Dani Burger (Bloomberg) — U.S. stocks retreated to trim a weekly gain as investors awaited next week’s Federal Reserve meeting, with economic indicators pointing to uneven growth in the world’s largest economy. Banks and energy producers carried the steepest losses Friday, with crude
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Obama Says It Will Be ‘Insult’ If Black Voters Don’t Turn Out
published Sep 17th 2016, 10:05 pm, by Toluse Olorunnipa and Mark Niquette (Bloomberg) — President Barack Obama said if black voters fail to vote in sufficient numbers and Donald Trump wins the presidency, he will consider it a “personal insult.” “I will consider it a personal insult, an insult to
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Trump Says Clinton Guards Should Disarm and ‘See What Happens’
published Sep 16th 2016, 11:18 pm, by Kevin Cirilli (Bloomberg) — Donald Trump said at a rally in Miami that Hillary Clinton’s bodyguards should disarm and “see what happens to her.” “I think that her bodyguards should drop all weapons,” the Republican presidential nominee said Friday. “Take their guns away.