
Dollar Jumps Ahead of Jackson Hole; Stocks Mixed: Markets Wrap
published Aug 22, 2018, 9:13:54 PM, by Adam Haigh and Andreea Papuc (Bloomberg) — The dollar rallied for the first day in six as investors awaited a meeting of global central bankers after the Federal Reserve signaled no change to its pace of monetary policy tightening. Asian stocks traded mixed.

Coal Plan Is Likely California’s Next Battleground Versus Trump
published Aug 21, 2018, 4:04:55 PM, by Ryan Beene and John Lippert (Bloomberg) — California Attorney General Xavier Becerra said the state may sue the Trump administration over a plan released Tuesday to weaken carbon dioxide emission limits on power plants. Becerra said the state will provide formal comments to

America’s Booming Economy Comes With a Cost for Global Growth
published Aug 21, 2018, 6:00:01 PM, by Enda Curran and Lucy Meakin (Bloomberg) — Making America great again isn’t proving so great for other parts of the world. With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump’s trade war threatens China,

Facebook Says It Removed Influence Efforts From Iran, Russia
published Aug 21, 2018, 7:58:34 PM, by Sarah Frier (Bloomberg) — Facebook Inc. for the first time named a country other than Russia that has been using fake accounts to manipulate global politics: Iran. The social network said it removed 652 pages, groups and accounts for “inauthentic behavior” that originated

Trump Attacks `Abolish ICE’ Movement Ahead of Midterm Elections
published Aug 20, 2018, 3:20:32 PM, by Justin Sink (Bloomberg) — President Donald Trump asked state and local officials to denounce criticism of federal immigration officials and cooperate with efforts to apprehend undocumented immigrants, taking aim at the “abolish ICE” movement promoted by some Democrats. Trump hosted an event at

Kavanaugh Faces Key Test as Collins Plans to Ask About Abortion
published Aug 20, 2018, 6:34:11 PM, by Steven T. Dennis (Bloomberg) — Supreme Court nominee Brett Kavanaugh faces a crucial test Tuesday when he sits down for a meeting with Republican Senator Susan Collins, who plans to ask him about abortion and other topics. Collins said she intended to talk

Dollar Extends Drop on Trump Remarks; Stocks Mixed: Markets Wrap
published Aug 20, 2018, 7:55:49 PM, by Andreea Papuc and Ruth Carson (Bloomberg) — The dollar extended a decline against major peers on comments from U.S. President Donald Trump, and Asian stocks traded mixed after muted gains in U.S. equities. The greenback accelerated a slide after the euro broke through

How Crises and Bailouts Have Changed Greece’s Economy
published Aug 19, 2018, 11:00:00 PM, by Marcus Bensasson (Bloomberg) — Greece is about to exit its bailout, a symbolic move past the debt crisis that exploded eight years ago and transformed the country’s economy and the lives of its people. At the time of the May 2010 aid package

A Fast-Aging China Tries Reverse Mortgages: Christopher Balding
published Aug 19, 2018, 6:40:18 PM, by Christopher Balding (Bloomberg Opinion) — The China Banking and Insurance Regulatory Commission wants to help the elderly enjoy their golden years in comfort. With the world’s fastest-aging population and a pension system beset by shortfalls, China is turning to a staple of late-night

Big Questions on Global Economy Hang Over Jackson Hole Gathering
published Aug 19, 2018, 11:01:00 PM, by Christopher Condon and Piotr Skolimowski (Bloomberg) — Summer break for central bankers ends this week when their leaders gather Friday and Saturday for the Federal Reserve’s annual policy symposium in Jackson Hole, Wyoming. With Fed Chairman Jerome Powell set to deliver a Friday