Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

published May 29th 2017, 4:30 pm, by Samuel Potter and Aline Oyamada (Bloomberg) —Global stocks were mixed and the dollar and euro traded sideways amid thin trading as investors weighed the latest comments from a Federal Reserve official on the path of U.S. borrowing costs and Mario Draghi’s dovish message to

Read More
Business HeadlinesYour Money

published May 26th 2017, 8:48 am, by Matt Levine (Bloomberg View) — VIX manipulation We talked on Wednesday about the CBOE Volatility Index, the VIX, which is an index of implied volatility based on S&P 500 Index stock options. The VIX is used as the reference for VIX futures and

Read More
Business Headlines

published May 28th 2017, 8:37 am, by Craig Gordon and Jennifer Jacobs (Bloomberg) —Donald Trump lashed out at the “fake news” media in a series of Twitter messages on Sunday after wrapping up his first foreign trip as president — a nine-day excursion from Saudi Arabia to Sicily — without

Read More
Business Headlines

published May 28th 2017, 5:37 pm, by Kanga Kong (Bloomberg) —North Korea conducted another missile test early Monday as Kim Jong Un’s regime continued to defy sanctions against nuclear weapons development and escalate tensions on the Korean peninsula. The missile, which appears to be a SCUD variant, was fired at

Read More
Business Headlines

published May 25th 2017, 8:45 am, by Michelle Jamrisko (Bloomberg) —Consumer spending may be set to emerge from a weak first quarter as Americans last week became more upbeat about the buying climate than at any time in the last 15 years and optimism about personal finances reached a decade

Read More
Business Headlines

published May 25th 2017, 2:45 pm, by Gerry Smith and Scott Moritz (Bloomberg) —AT&T Inc.’s live online video service, DirecTV Now, has seen its growth stall in recent months, according to people familiar with the matter, raising questions about consumer demand for the growing number of new web-TV services entering the

Read More
Business Headlines

published May 25th 2017, 4:13 pm, by Leslie Patton (Bloomberg) —Taco Bell is running for the border. Yum! Brands Inc.’s Mexican-themed restaurant chain will open at least 100 new locations each in China, Brazil, Canada and India during the next five years, according to a statement Thursday. The plan will

Read More
Business HeadlinesYour Money

published May 24th 2017, 8:45 am, by Suzanne Woolley (Bloomberg) —Average fees paid for U.S. mutual funds and exchange-traded funds fell to a new low of less than 0.6 percent in 2016, Morningstar reported on Tuesday. That’s good news for investors. But as fund companies drive down those expense ratios in a fight

Read More
Business Headlines

published May 24th 2017, 5:18 pm, by Adam Haigh (Bloomberg) —Asian stocks were poised for a mixed start after the dollar declined with Treasury yields as investors assessed minutes from the Federal Reserve’s most recent meeting where officials said inflation remains muted. Fed policy makers said they needed to wait

Read More
Business Headlines

published May 24th 2017, 7:05 pm, by Svenja O’Donnell, Alex Morales and Robert Hutton (Bloomberg) —British police condemned U.S. officials’ leaking of intelligence relating to the Manchester terror attack, calling it a breach of trust that risks undermining their investigations as the probe into the bombing extended to Libya. The

Read More