Stocks Tumble, Bonds No Haven as Selloff Worsens: Markets Wrap
published Jan 30, 2018, 3:09:11 PM, by Sarah Ponczek and Kailey Leinz (Bloomberg) — The Dow Jones Industrial Average tumbled 362 points, helping to send U.S. stocks to the biggest two-day decline since May, while yields on benchmark government bonds touched April 2014 highs as caution crept into markets after
Delaying Retirement Can Have Remarkable Benefits: Justin Fox
published Jan 23, 2018, 10:55:21 AM, by Justin Fox (Bloomberg View) — You’re 49 years old, you make $113,000 a year and you’re starting to get worried about financing your retirement. You could take the drastic step of upping your retirement savings by 10 percent of your salary. Or you
Eight Ways to Prepare for Big Tax Law Changes This Filing Season
published Jan 29, 2018, 4:00:09 AM, by Suzanne Woolley (Bloomberg) — The federal tax overhaul put in place by Republicans has produced an unusual show of bipartisanship now that tax season is here: We are a nation united in befuddlement. One bit of confusion to dispel quickly: The changes don’t
What South Korea’s Buying May Tell Us About the Metals Rally
published Jan 29, 2018, 7:04:37 PM, by Heesu Lee and Jaehyun Eom (Bloomberg) — South Korea’s buying intentions for metals could potentially tell us something about the price outlook, if the past 18 months are any guide. The country got in front of the latest commodity rally by increasing foreign
Trump Condemns `Despicable’ Taliban Bomb in Kabul That Killed 95
published Jan 27, 2018, 4:33:01 PM, by Eltaf Najafizada (Bloomberg) — A Taliban suicide bomber detonated explosives in downtown Kabul on Saturday, killing at least 95 people and wounding 158 others in the worst attack since a truck bombing near the Afghan capital’s diplomatic zone last year. President Donald Trump
Take President Trump’s Immigration Plan Seriously: Editorial
published Jan 28, 2018, 1:33:16 PM, by The Editors (Bloomberg View) — President Donald Trump has done something that has eluded the Republican Party for nearly a decade: He has outlined the possibility of broad immigration reform. Trump’s immigration framework is far from perfect. But the fact that it is
China Will Join First Japan, South Korea Summit Since 2015
published Jan 28, 2018, 4:36:55 PM, by Bloomberg News (Bloomberg) — Chinese Premier Li Keqiang will travel to Tokyo for his country’s first joint summit with Japan and South Korea since 2015, the clearest sign yet of improving ties between the three neighbors. The meeting was announced by China and
Gates Foundation Works With China Drug Agency to Raise Standards
published Jan 25, 2018 1:45:55 PM, by Marthe Fourcade (Bloomberg) — The Bill & Melinda Gates Foundation is working with China’s health agency to help authorities there improve their standards, potentially creating a challenger to the world’s two most powerful regulators, billionaire Bill Gates said. The U.S. and European regulatory
Trump Says He’ll Cut Off Palestinian Money Without Talks
published Jan 25, 2018 12:34:42 PM, by Shannon Pettypiece and David Wainer (Bloomberg) — President Donald Trump said in a meeting with Israeli Prime Minister Benjamin Netanyahu that he would cut off funding to the Palestinians unless they agree to resume peace talks. Trump said at the World Economic Forum in
Wal-Mart Is Cutting up to 500 Corporate Jobs in Latest Shake-Up
published Jan 25, 2018 12:54:16 PM, by Matthew Boyle (Bloomberg) — Wal-Mart Stores Inc. is cutting 400 to 500 jobs at headquarters this week, the latest effort to streamline a retail empire under threat from Amazon.com Inc. The layoffs will hit the company’s marketing, human resources, merchandising, real estate, logistics