
Semiconductor ETF Gets Lots of Cash, But Not for What You Think
published Jun 27, 2018 3:16:22 PM, by Carolina Wilson (Bloomberg) — So much for semiconductor stocks hitting a floor. A record inflow into an exchange-traded fund tracking chipmakers that looked like a bullish signal for the industry actually may have been another bearish beacon for a group that’s had a

Some Rules for the Battle to Replace Kennedy: Stephen L. Carter
published Jun 27, 2018 4:16:05 PM, by Stephen L. Carter (Bloomberg Opinion) — If you’re a Democrat, nothing says “Gotta take back the Senate” like the retirement of Supreme Court Justice Anthony Kennedy, author of the landmark decision legalizing same-sex marriage. The thought of President Donald Trump appointing Kennedy’s replacement

Trade War Hits Stocks as $8 Trillion in Bear Market: Inside EM
published Jun 26, 2018 3:08:10 PM, by Ben Bartenstein and Giulia Morpurgo (Bloomberg) — Stocks in developing nations slumped as heightened concern that a trade war will sap global economic growth put equity gauges worth $8 trillion in a bear market. Currencies also retreated and are heading toward their worst

How to Make Money Off Brazilian Stocks When They Are Sinking
published Jun 26, 2018 1:28:23 PM, by Vinícius Andrade and Carolina Wilson (Bloomberg) — There’s at least one way to make money and bet on Brazilian equities at the same time, even if the Ibovespa is down more than 7 percent this year. Just ask investors in the ProShares UltraShort

The U.S. Is Losing Ground in the Race for Energy Efficiency
published Jun 26, 2018 8:30:14 AM, by Riley Griffin (Bloomberg) — Italy and Germany tied for first place in the worldwide energy-efficiency race, according to a biennial international scorecard released on Tuesday by the American Council for an Energy-Efficient Economy. France, the United Kingdom and Japan followed suit. The United

Half of LGBT Workers Stay Closeted, Unmoved by Diversity Efforts
published Jun 25, 2018 12:03:18 PM, by Jeff Green (Bloomberg) — A little more than half of LGBT workers say they’re comfortable being out at work, according to a study released today by the Human Rights Campaign. It’s roughly the same number as a decade ago, and it calls into

Immigrant Children Forcibly Medicated While in U.S. Custody, Lawyers Say*
published Jun 25, 2018 1:36:55 PM, by Edvard Pettersson (Bloomberg) — Children who allege they’re being detained for crossing the U.S. border without any court oversight and forcibly medicated will have to wait another month for a judge to consider whether the government’s practices violate a 1997 agreement. A federal

Wall Street’s Next Hot Commodity is a $185 Wagyu Steak Sandwich
published Jun 25, 2018 11:50:57 AM, by Kate Krader (Bloomberg) — Don Wagyu, the first restaurant in New York devoted solely to Wagyu beef sandwiches, is located on South William Street in Manhattan’s Financial District, a five-minute walk from the New York Stock Exchange. When it opens on June 27,

Matt Levine’s Money Stuff: Financial Regulation Is Illegal
published Jun 22, 2018 9:55:45 AM, by Matt Levine (Bloomberg Opinion) — Everything is unconstitutional. The Securities and Exchange Commission brings a lot of enforcement actions against a lot of people in its own internal courts. Employees of the SEC’s enforcement division decide to bring a case, and then they

Future of Big Oil Increasingly Shaped by the Fate of Global Gas
published Jun 24, 2018 6:00:00 PM, by Kevin Crowley and Kelly Gilblom (Bloomberg) — Big Oil’s fortunes are becoming tied more closely to natural gas than ever before. Majors including Royal Dutch Shell Plc and BP Plc have boosted their proportion of gas output in recent years, helping them trim