Construction App Offers Fix for Japan’s Super-Tight Labor Market
published Jun 19, 2018 4:00:14 PM, by Yuko Takeo and Yuki Furukawa (Bloomberg) — One of Yosuke Kobayashi’s biggest headaches has been finding enough workers to build hotels, restaurants and bath houses for his construction company. That was until the manager at construction company Luckland Co. found Sukedachi, a mobile
Pompeo Says U.S. Agreed to `Alter’ Korea Armistice at Kim Summit
published Jun 18, 2018 5:08:46 PM, by Nick Wadhams and Margaret Talev (Bloomberg) — President Donald Trump has agreed to “alter” the 1953 armistice halting the Korean War if North Korea gives up its nuclear weapons, Secretary of State Mike Pompeo said, revealing an apparent promise from Trump’s summit with
China Has High Hopes for the Automated Farm: Adam Minter
published Jun 18, 2018 4:00:09 PM, by Adam Minter (Bloomberg Opinion) — As rich countries welcome autonomous cars, trucks and boats onto their roads and waterways, the developing world is grappling with a humbler revolution: automated farming. What was once the world’s most labor-intensive profession may be soon run by
Summers Warns Biggest Economies Not Prepared for Next Downturn
published Jun 18, 2018 4:05:29 PM, by Christopher Condon and Joao Lima (Bloomberg) — Former U.S. Treasury Secretary Lawrence Summers warned that developed countries are badly equipped for another recession, both economically and politically, and central banks should be wary of raising interest rates just to stop inflation running slightly
House Republicans Threaten Floor Action Over FBI, DOJ Subpoenas
published Jun 17, 2018 3:30:45 PM, by Arit John, Billy House and Ben Brody (Bloomberg) — House Republicans say Speaker Paul Ryan has agreed to take floor action if the Justice Department and FBI continue to withhold documents demanded by lawmakers on the investigation into Hillary Clinton’s emails and the
Smart Beta Performance Isn’t Worth the Cost: Barry Ritholtz
published Jun 8, 2018 8:05:01 AM, by Barry Ritholtz (Bloomberg Opinion) — Last summer, we looked at fundamental indexing, which is perhaps better known by the catchy marketing phrase “smart beta.” The practice uses metrics such as book value, earnings and dividend yield to assemble investment portfolios, rather than the
Rising Rates Put U.S. Homebuilders — and Investors — in a Spot
published Jun 13, 2018 2:42:17 PM, by Prashant Gopal (Bloomberg) — The Fed’s rate hike Wednesday, and its signal of two more increases to come this year, will only add to investors’ biggest worry about the U.S. housing market — that it’s getting too expensive. An S&P index of U.S.
Ending China’s Birth Limits Won’t Bring a Baby Boom: Justin Fox
published May 21, 2018 4:00:12 PM, by Justin Fox (Bloomberg Opinion) — It looks like China’s decades-old policy of limiting births is finally going to bite the dust. As Bloomberg News reports from Beijing: China is planning to scrap all limits on the number of children a family can have,
Trump’s Tariff Paradox Glimpsed in China Abyss: David Fickling
published Jun 14, 2018 7:30:54 PM, by David Fickling (Bloomberg Opinion) — China’s economic growth appears to be coming off the boil. That makes the prospect of a trade war more, not less risky. Data out Thursday came in unexpectedly weak, with retail sales rising at their slowest annual pace
Europe’s Unresolved Migration Crisis Triggers Political Turmoil
published Jun 13, 2018 5:01:21 PM, by Ian Wishart (Bloomberg) — Three summers after Europe’s biggest migration influx since World War II frayed social cohesion and threatened to topple governments, the old wounds are reopening. Lingering political tensions over the unresolved question of how to control immigration from outside Europe