
Texas Democrats Are Optimistic for a Change: Albert R. Hunt
published Aug 5, 2018, 6:24:17 PM, by Albert R. Hunt (Bloomberg Opinion) — The longest recorded drought in Texas lasted from 1950 to 1957. That doesn’t count the Democrats’ dry spell over the past quarter century. They haven’t won a U.S. Senate or governor’s race since 1990. They’ve lost every

Uproar Over Israel’s Definition of Itself Crosses Ethnic Lines
published Aug 5, 2018, 4:00:01 PM, by Gwen Ackerman (Bloomberg) — It’s taken a backlash by Israel’s staunchest Arab supporters to spark one of the biggest outpourings of discontent with the Netanyahu government in years. In a country where distrust between Arab and Jew runs deep, Israel’s Druze community, which

Business Leaders Need Urgent No-Deal Brexit Advice, Lobby Says
published Aug 2, 2018, 6:01:00 PM, by Suzi Ring (Bloomberg) — A U.K. business lobby called on Prime Minister Theresa May’s government to urgently publish its guidance for a no-deal Brexit scenario, as a survey of executives found less than a third have done any contingency planning. The Institute of

China Dethroned by Japan as World’s Second-Biggest Stock Market
published Aug 2, 2018, 9:31:47 PM, by Bloomberg News (Bloomberg) — China just lost its ranking as the world’s number two stock market to Japan. After a Thursday slump, Chinese equities were worth $6.09 trillion, according to data compiled by Bloomberg. That compares with $6.17 trillion in Japan. The U.S.

Free Fidelity Funds Stoke Price War in Bid to Catch Index Giants
published Aug 1, 2018, 4:42:02 PM, by Charles Stein, Annie Massa and Felice Maranz (Bloomberg) — Fidelity Investments, having lost billions of dollars in assets to rivals, pulled out some new ammunition to use against them — dropping fees to zero. The move is part of an ongoing reckoning at

Trump’s Making U.S. Coal Exports the Greatest They’ve Ever Been
published Aug 1, 2018, 6:01:00 PM, by Mathew Carr (Bloomberg) — U.S. exports of coal used by power stations are set to hit a record this year on increased global demand for the nation’s high-energy-content fuel. Steam-coal shipments will probably jump 58 percent to 58 million metric tons this year,

Trump Threatens Higher Tariffs in Bid to Corner China on Trade
published Aug 1, 2018, 9:29:46 PM, by Andrew Mayeda (Bloomberg) — The Trump administration said it’s weighing whether to increase the proposed tariff on $200 billion of Chinese goods to 25 percent from 10 percent, stepping up pressure on Beijing to change its trade practices. President Donald Trump has asked

Chinese Investors Pile Into Money Market Funds, Dumping Stocks
published Jul 31, 2018 4:00:00 PM, by Bloomberg News (Bloomberg) — Chinese investors flocked into money-market products at a rate outpacing equities and bonds last quarter, adding to what is already the biggest segment of the nation’s mutual fund industry. Mutual funds investing in low-risk, short-term debt instruments grew 5.4

U.S. and Mexico Are Nearing a Deal in Nafta Car Talks, Sources Say
published Jul 31, 2018 3:54:40 PM, by Eric Martin and Jenny Leonard (Bloomberg) — The U.S. and Mexico are in the final stages of negotiating a deal on rules for cars sold under Nafta, one of the biggest sticking points in discussions to overhaul the North American Free Trade Agreement,

Apple Forecast Tops Analysts’ Estimates on New iPhones, Services
published Jul 31, 2018 4:33:03 PM, by Mark Gurman (Bloomberg) — Apple Inc. projected sales that beat analysts’ estimates, suggesting consumers continue to snap up the company’s high-end iPhones, digital services and wearable devices like AirPods and the Apple Watch. The Cupertino, California-based technology giant expects fiscal fourth-quarter revenue between