published Aug 22, 2017, 6:00:13 AM, by Noah Smith (Bloomberg View) —David Neumark, an economist at the University of California-Irvine, could safely be called a minimum-wage skeptic. Neumark has written a number of papers on the topic, all of which have found that minimum wages reduce employment by substantial amounts.

published Aug 22, 2017, 5:49:08 PM, by Tom Schoenberg, Greg Farrell and Joe Sobczyk (Bloomberg) —The U.S. tightened its financial restrictions on North Korea, slapping sanctions on Chinese and Russian entities it accused of assisting Pyongyang’s development of nuclear weapons and ballistic missiles. It’s also seeking millions of dollars it said

published Aug 15, 2017, 3:25:05 PM, by Nathan Howard (Bloomberg) —Lawmakers are raising alarm over whether the 2020 U.S. Census will be complete and accurate due to a lack of funding and leadership. Thirty-two Democrats sent a letter on Tuesday to Commerce Secretary Wilbur Ross, whose department houses the Census

published Aug 21, 2017 5:00:00 PM, by Archana Chaudhary and Santosh Kumar (Bloomberg) — A giant cyberattack that crippled India’s largest container port in June provided a costly wake up call for a country determined to digitize its mostly-informal $2 trillion economy. As the scale of the attack became clear,

published Aug 21, 2017 8:37:31 PM, by Bloomberg News (Bloomberg) — In the latest sign that China is regaining control of outflows and confidence in market stability, talk of a plan to expand individuals’ investment options abroad is gaining new momentum two years after turmoil and capital flight led authorities

published Aug 21, 2017 12:00:10 PM, by Rebecca Greenfield (Bloomberg) — There aren’t supposed to be Nazis in the office. A human resource department in corporate America would be highly unlikely to sit back while an employee displayed swastikas on his desk or espoused ideas about racial superiority at the coffee machine. Outside

published Aug 18, 2017 1:28:35 PM, by Nafeesa Syee (Bloomberg) — President Donald Trump is boosting U.S. Cyber Command’s status in the sprawling military hierarchy in a move intended to bolster its role defending against hacking attacks and in fighting Islamic State militants in cyberspace. Trump elevated Cyber Command to

published Aug 19, 2017 7:00:07 AM, by Tobin Harshaw (Bloomberg View) — Spaniards have long lamented that Las Ramblas, the winding main artery of Barcelona, has devolved over the years from the tree-lined strolling place of Catalan flaneurs into a tourist trap filled by kitsch vendors and a cheesy sex

published Aug 20, 2017 9:00:10 AM, by Albert R. Hunt (Bloomberg View) — Democrats are in terrible shape. Republicans control all three branches of government in Washington, 34 of 50 governorships, and 68 of the 99 state legislatures. As they plot a comeback, Democrats have one obvious asset: the reckless

published Aug 17, 2017 9:16:41 AM, by Nikki Ekstein (Bloomberg) —In the era of the humble brag, it’s harder than ever to know how your boss travels. Assuming he or she is the type that likes to share, you might see a suggestion of a private jet or a swanky