published Oct 11, 2017, 3:44:44 PM, by John McCormick (Bloomberg) —A group backed by billionaire industrialists Charles and David Koch unveiled a television and digital campaign Wednesday that claims “corporate welfare” threatens Republican efforts to dramatically alter the U.S. tax code. The Freedom Partners Chamber of Commerce is targeting the

published Oct 10, 2017, 8:41:44 PM, by Adam Haigh and Andreea Papuc (Bloomberg) —Stocks in Asia traded near decade highs, while the euro held gains spurred by Catalonia’s president stepping back from an immediate declaration of independence from Spain. Japan’s Topix index fluctuated after closing at the highest in 10

published Oct 10, 2017, 2:50:04 PM, by Nick Turner and Craig Giammona (Bloomberg) —China is Starbucks Corp.’s biggest growth opportunity, and its expansion there could last decades without letting up. That’s the view of Chief Executive Officer Kevin Johnson, who spoke with Bloomberg’s Emily Chang at the GeekWire Summit in

published Oct 10, 2017, 5:11:33 PM, by Liz Capo McCormick (Bloomberg) —Marty Mitchell recalls how his colleagues on the trading desk at Perpetual Savings Bank in Virginia, along with the rest of the bond market, were stunned in June 1987 by the resignation of Federal Reserve Chair Paul Volcker and the choice

published Oct 6, 2017, 12:32:27 PM, by Cass R Sunstein (Bloomberg View) — Because economics is such a diverse field, with many distinguished thinkers, predicting the winner of the Nobel Prize in economics is notoriously difficult. But suppose that we narrowed the field, so as to focus on candidates who

published Oct 9, 2017, 1:30:01 PM, by Debjit Chakraborty, Dhwani Pandya and Saket Sundria (Bloomberg) —Saudi Arabia’s state-owned oil giant has “mega investment” plans for the world’s fastest growing oil market, according to  Saudi Arabian Oil Co.’s chief executive officer. The company, popularly known as Saudi Aramco, plans to create

published Oct 9, 2017, 4:08:42 PM, by Selcan Hacaoglu (Bloomberg) —With its arrest warrants and visa freezes, the Turkey-U.S. standoff looks more like a flashpoint between enemies than a difference of views among friends. That’s because the crisis, which sent Turkish markets reeling on Monday, blew up only after years

published Oct 6, 2017, 3:00:07 AM, by Suzanne Woolley (Bloomberg) — Consumer advocacy groups such as U.S. PIRG, along with Senator Elizabeth Warren, Democrat of Massachusetts, say consumers should be able to freeze their credit reports at all three major credit bureaus easily and for free. Sounds good. But how

published Oct 8, 2017, 5:03:51 PM, by Julie Verhage (Bloomberg) —Want to receive this post in your inbox every morning? Sign up here. Trump tweets about North Korea, Chinese markets come back from holiday, and there’s plenty of economic data due out this week. Here are some of the things people

published Oct 8, 2017, 8:38:56 PM, by Toluse Olorunnipa and Laura Litvan (Bloomberg) — President Donald Trump demanded that Congress deliver funding for his border wall and make dramatic changes to immigration policy in exchange for letting young people brought illegally to the U.S. as children stay in the country.