These Three Trends Are Eating Up the American Retirement Dream
published Jul 18th 2017, 7:00 am, by Suzanne Woolley (Bloomberg) — With informed discussion, creative thinking, and timely legislative action, Social Security can continue to protect future generations.That boilerplate language has been featured more or less verbatim in the yearly status report from the trustees of the Social Security and
China’s Cashless Revolution Is Likely to Spread: Adam Minter
published Jul 18th 2017, 7:00 pm, by Adam Minter (Bloomberg View) —On a recent trip to Shenzhen, in southern China, I came across a subway busker with two tip jars. The first was a cardboard box filled with coins and bills; the second was a small QR code taped to
Stocks Up, Metals Rise as Markets Await Earnings: Markets Wrap
published Jul 17th 2017, 11:58 am, by Samuel Potter (Bloomberg) —Stocks rose slightly Monday as metals climbed on better-than-expected Chinese growth. The pound fell as Brexit negotiations resumed. The S&P 500 Index added to its gains after reaching a record on Friday. The Stoxx Europe 600 Index swung between gains
World’s Most High-Tech Voting System to Get New Hacking Defenses
published Jul 17th 2017, 4:01 pm, by Ott Ummelas (Bloomberg) —Estonia, the only country in the world where voters elect their leaders through online balloting, is taking steps to fend off potential hacking attacks as cyber-security fears intensify. A software overhaul for the system, introduced in 2005, is ready for
Trump Puts a Lot on the Line for 2018: Jonathan Bernstein
published Jul 17th 2017, 4:27 pm, by Jonathan Bernstein (Bloomberg View) —Donald Trump is personally attempting to stop Republican Senator Jeff Flake’s re-election in Arizona, with the White House reportedly meeting with three potential primary challengers. Flake is no Trump loyalist; he was one of the strongest Republican critics of
U.S. Extends Sudan Sanctions Review Period by Three Months
published Jul 12th 2017, 1:48 am, by Nizar Manek (Bloomberg) —The U.S. delayed by three months a decision on whether to permanently lift some sanctions imposed on Sudan, making the revocation dependent on the North African country sustaining progress in areas such as anti-terror cooperation. President Donald Trump’s executive order
Brexit Bulletin: ‘The Biggest Brexit Day Yet’
published Jul 14th 2017, 1:45 am, by Simon Kennedy (Bloomberg) — Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter. Theresa May called Thursday “the biggest Brexit day yet,” and there was certainly much to chew over. First up was the publishing of the
Trump Says Media `Distorting Democracy’ in Morning Tweets
published Jul 16th 2017, 10:55 am, by Ros Krasny (Bloomberg) —Donald Trump made a fresh attack on the media Sunday as a new opinion polls showed falling approval ratings in the sixth month of the president’s term, and hours after news that his campaign made a payment in late June
Trump Won’t Say Whether Putin Meddled But Would Host Him in U.S.
published Jul 13th 2017, 2:54 pm, by Jennifer Epstein and Justin Sink (Bloomberg) —President Donald Trump said he’s willing to invite Russian President Vladimir Putin to the White House “at the right time,” while repeatedly sidestepping questions about whether he believed Putin’s denials of meddling in the 2016 presidential election.
Texas Oil Spill Shuts Pipe, Routs Residents Outside Austin
published Jul 13th 2017, 4:46 pm, by Laura Blewitt and Sheela Tobben (Bloomberg) — A pipeline that hauls crude oil from West Texas’ Permian Basin to Houston shut Thursday after a 1,200-barrel spill near the state capital, Austin. The release on Magellan Midstream Partners LP’s 275,000 barrel-a-day Longhorn system started