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Business Headlines

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published Dec 11, 2017, 7:48:50 AM, by Sahil Kapur (Bloomberg) — A funny thing happened when Congress approved a tax cut for the middle class eight years ago: Most Americans didn’t notice. The 2009 economic-stimulus bill contained a one-year tax break worth $800 for married couples in 95 percent of

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Business Headlines

published Dec 12, 2017, 4:00:00 AM, by Julie Verhage, Selina Wang and Jenny Surane (Bloomberg) — For the financial technology industry, 2017 will be defined as the year that the threat of tech giants grew stronger, artificial intelligence cemented its importance and some startups applied to become banks. What to

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published Dec 12, 2017, 2:12:26 PM, by Margaret Talev (Bloomberg) — President Donald Trump’s top national security adviser described Russia and China as “revisionist powers” posing bellicose threats to the U.S. in a muscular speech that went further than his boss has in criticizing the two countries. “Geopolitics are back

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published Dec 12, 2017, 1:55:55 PM, by Laura Blewitt (Bloomberg) — The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down. You name it — crude oil, gasoline, diesel, propane and even liquefied natural gas — all were shipped abroad

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published Dec 11, 2017, 3:24:26 PM, by Gillian Tan (Bloomberg Gadfly) — A global effort to bolster the number of women on corporate boards is taking longer than it should. But the recent performance of companies that lead their peers on this measure may accelerate change. An MSCI study published this

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published Dec 11, 2017, 5:27:34 PM, by Jennifer Jacobs and Dana Hull (Bloomberg) — President Donald Trump directed NASA on Monday to send American astronauts back to the moon and eventually to Mars, but eliminated his predecessors’ deadlines for such missions. “This is a giant step toward that inspiring future

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published Dec 8, 2017, 5:00:00 AM, by Sheela Tobben (Bloomberg) — A 1,000-foot ship will likely pull up to a buoy floating in the Gulf of Mexico next year, hook up its hoses and usher the U.S. into a new era as a major oil exporter. The Louisiana Offshore Oil

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Business Headlines

published Dec 10, 2017, 7:00:11 AM, by Elaine Ou and Julie Verhage (Bloomberg View) — Elaine Ou, a blockchain engineer and Bloomberg View columnist, answered questions about cryptocurrencies from Bloomberg Terminal customers in a TOPLive chat on Tuesday with Julie Verhage, who covers markets for Bloomberg News. Since then, bitcoin has

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Business Headlines

published Dec 3, 2017, 7:42:58 PM, by Jonathan Levin, Andrew Pollack and Drew Armstrong (Bloomberg) — The tax bill passed by Republicans in the U.S. Senate over the weekend may boost profits for industries from banking to retail to fossil fuels. It also could put the squeeze on hospitals and

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Business Headlines

published Dec 10, 2017, 8:15:45 AM, by Gwen Ackerman and Lin Noueihed (Bloomberg) — Neither the Palestinian Authority president nor the head of Egypt’s Coptic Church plans to meet with U.S. Vice President Mike Pence when he visits the Middle East later this month, to protest the U.S. declaration recognizing

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