
Greece’s Plan to Return to Markets While Viable Faces Risks
published Jul 29, 2018, 6:01:00 PM, by Sotiris Nikas (Bloomberg) — Greece is planning a return to the markets in a bid to regain its status as a “normal” country. If the government can announce by the end of the year its program for tapping the markets in 2019, and

Storm of News to Hit Global Economy This Week Before August Calm
published Jul 29, 2018, 6:01:00 PM, by Simon Kennedy and Alexandra Harris (Bloomberg) — People charged with running or monitoring the world economy are set for a busy week before those in the Northern Hemisphere get to enjoy their summer vacations. Central bankers in the U.S., Japan, the U.K., Brazil

Why Retire When You’re Too Old to Enjoy It? Quit Your Job Now
published Jul 25, 2018 4:15:15 AM, by Ben Steverman (Bloomberg) — Millions of Americans obsess over their careers and fret about saving, terrified they won’t have enough to ever retire. The advice now being offered by some experts may surprise these worried souls: Take months or years off from work,

Amazon’s Not Facebook, So Tech Investors Exhale: Shira Ovide
published Jul 26, 2018 5:02:11 PM, by Shira Ovide (Bloomberg Opinion) — Do you want the good news or the bad about Amazon.com Inc.? They may be one and the same. In the second quarter, the company interrupted what had been a torrid pace of revenue growth and predicted a

The World’s Biggest Mining Company Is Selling Out of U.S. Shale
published Jul 26, 2018 8:09:39 PM, by David Stringer and Kevin Crowley (Bloomberg) — BP Plc agreed to pay $10.5 billion, its biggest acquisition in almost two decades, for most of BHP Billiton Ltd.’s onshore U.S. oil and natural gas assets, including in the prized Permian Basin. The deal gives

Federal Cybersecurity Incidents Were Up 5% in 2017, GAO Reports
published Jul 25, 2018, 5:43:44 PM, by Alyza Sebenius (Bloomberg) — Cyberattacks and security lapses in federal computer systems rose 4.9 percent last year, as a third of 3,000 cybersecurity recommendations made by the U.S. Government Accountability Office remain unheeded, the watchdog agency reported. The GAO reported 35,277 security incidents

Facebook’s Record Selloff Drags Down Other Tech Stocks
published Jul 25, 2018, 7:25:43 PM, by Jeran Wittenstein (Bloomberg) — A record selloff in Facebook Inc. shares spread to other technology stocks after the social media giant missed revenue estimates and warned that sales growth would continue to slow. An exchange-traded fund tied to the Nasdaq 100 fell as

Here Comes Chinese Stimulus, Back to Save Market Bulls
published Jul 25, 2018, 7:35:08 PM, by Sid Verma and Luke Kawa (Bloomberg) — The Beijing “put” is back. China’s bid to boost policy stimulus to barricade its domestic economy from the brewing trade war is breathing life into risk assets battered by liquidity and geopolitical angst. Among the winners:

How to Become One of the 401(k) Millionaires: Barry Ritholtz
published Jul 23, 2018 11:00:18 AM, by Barry Ritholtz (Bloomberg Opinion) — There are a lot of misconceptions about so-called corporate qualified plans, the best known of which are 401(k)s. Much of the misunderstanding stems from several articles about a Fidelity Investments report on how many of its clients had

Ivanka Trump’s Clothing Line to Shut Down
published Jul 24, 2018 3:49:45 PM, by Kim Bhasin, Matthew Boyle and Hema Parmar (Bloomberg) — Ivanka Trump, the president’s daughter, is pulling the plug on Ivanka Trump, the purveyor of womens’ fashion. After a year and a half of sporadic controversy over potential conflicts of interest, Trump, a White