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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Oct 1, 2017, 5:00:09 PM, by Mark Buchanan (Bloomberg View) —Economists are famously bad at predicting growth. A new technique might help them get a little better. When assessing a country’s potential to prosper, economists typically look at aggregate measures such as education, investment or national debt. This hasn’t

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Business Headlines

published Sep 12, 2017, 6:37:00 PM, by Jeff Green and Erik Larson (Bloomberg) — Early on, lesbian, gay, bisexual and transgender people seemed to be exempted from Donald Trump’s most inflammatory rhetoric. He was the first Republican presidential nominee to mention LGBT people in his acceptance speech. After his election,

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Business HeadlinesYour Money

published Sep 28, 2017, 3:27:07 PM, by Sarah McGregor (Bloomberg) — President Donald Trump is still intent on eliminating the carried interest tax break even though it wasn’t specified in his tax framework, White House Economic Adviser Gary Cohn said. “The president remains committed to ending the carried interest deduction,”

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Business HeadlinesYour Money

published Sep 28, 2017, 4:25:29 PM, by Simone Foxman, Katya Kazakina and Tom Metcalf (Bloomberg) — President Donald Trump’s tax plan suggests that wealthy Americans could be in line for a boatload of breaks. At this point, the rich aren’t buying it. “Trying to plan is pretty impossible,” said John

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Business Headlines

published Sep 27, 2017, 5:03:23 PM, by Jamie Butters and Keith Naughton (Bloomberg) — When it comes to investments by global automakers in the U.S., 2017 is shaping up to be nothing special — even after President Donald Trump’s threats to heavily tax cars shipped from abroad. Companies including Toyota

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Business Headlines

published Sep 27, 2017, 4:01:46 PM, by Justin Sink (Bloomberg) — President Donald Trump kicked off his campaign to cut tax rates for corporations and individuals, casting the proposal as an economic jolt that would boost hiring across the country. “This is a revolutionary change, and the biggest winners will

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Business Headlines

published Sep 27, 2017, 5:22:12 PM, by Justin Fox (Bloomberg View) — There’s a somewhat self-congratulatory saying among conservative intellectuals to the effect that … well, I’ll just let conservative intellectual Charles Krauthammer say it: Conservatives think liberals are stupid. Liberals think conservatives are evil. In the 2002 opinion column

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Business Headlines

published Sep 26, 2017, 8:21:43 AM, by Justin Fox (Bloomberg View) — Forbes turned 100 this month. So of course the magazine had to throw a big party, with Warren Buffett and Stevie Wonder singing a duet. And of course it had to run an article in its anniversary issue

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Business Headlines

published Sep 26, 2017, 8:26:30 PM, by Vivian Nereim and Wael Mahdi (Bloomberg) — Saudi Arabia will allow women to drive cars, ending its status as the only country in the world to ban half the population from getting behind the wheel. It’s the most dramatic move so far in

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Business Headlines

published Sep 26, 2017, 7:04:10 PM, by Anna Edgerton and Ben Brody (Bloomberg) — President Donald Trump and Republican leaders will announce their long-awaited tax overhaul plan Wednesday, cutting rates for corporations and pass-through business. They’ll also propose a top individual rate of 35 percent but leave to Congress the

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