published Nov 29, 2017 5:07:55 PM, by Greg Stohr (Bloomberg) — The Trump administration switched sides in a clash that could upend the Securities and Exchange Commission’s hearing process, telling the U.S. Supreme Court that agency judges were appointed in violation of the Constitution. In a legal filing Wednesday, the

published Nov 27, 2017 8:46:01 AM, by Matt Levine (Bloomberg View) — CFPB. I feel like a simple misunderstanding is driving the fight over the Consumer Financial Protection Bureau. The CFPB’s staff, and its departing director Richard Cordray, think that the bureau’s job is to protect consumers from financial institutions. But

published Nov 27, 2017 5:06:41 PM, by Colin Keatinge (Bloomberg) — Japan received radio signals suggesting that North Korea may be preparing for a missile launch test, Kyodo News reported, citing multiple government officials. Japan didn’t specify the type of possible missile, according to the news service. Any radio signals

published Nov 27, 2017 7:56:41 PM, by Bloomberg News (Bloomberg) — Hillary Clinton hit out at both U.S. President Donald Trump and Chinese leader Xi Jinping in remarks via video to a conference in Beijing on Tuesday. Clinton, a former U.S. secretary of state, said the Trump administration had retreated

published Nov 26, 2017, 2:53:29 PM, by Craig Torres and Mark Niquette (Bloomberg) — Republican lawmakers are scrambling to lock up the votes need to finalize a tax bill that can make it to President Donald Trump’s desk by the end of the year, days before the Senate prepares to

published Nov 26, 2017, 12:00:10 AM, by Piotr Skolimowski (Bloomberg) — Digital currencies may be getting all the buzz these days, but notes and coins still reign supreme in most of Europe. Cash made up around 79 percent of everyday payments across the euro area last year, according to a European Central

published Nov 26, 2017, 4:00:10 PM, by Michael Pettis (Bloomberg View) — China needs reform. This has long been the consensus advice from economists and multilateral institutions such as the World Bank, whose recent “China 2030” report argues that Chinese leaders should strengthen the role of markets and liberalize legal,

published Nov 22, 2017, 10:19:22 AM, by Nico Grant (Bloomberg) — Texas, which has long prided itself on independence, is bucking the national trend on hedge funds. As large pension funds across the U.S. shy away from hedge funds because of concerns over high fees and mediocre returns, the Texas

published Nov 22, 2017, 8:00:13 PM, by Adam Haigh (Bloomberg) — The dollar held onto losses after tumbling as the latest Federal Reserve meeting minutes highlighted a dovish tilt that showed divisions over the future path for U.S. monetary policy. The yen rose to a two-month high and Asian stocks

published Nov 16, 2017, 8:12:04 PM, by Shinhye Kang and Kanga Kong (Bloomberg) — North Korea hasn’t secured the key technologies needed to build ballistic missile that can survive a return through the atmosphere, according to South Korea’s Yonhap News Agency. An official from South Korea’s top spy agency told