published May 26th 2017, 10:24 am, by Nir Kaissar (Bloomberg Gadfly) —The New York Yankees. The New England Patriots. The UCLA Bruins. The Vanguard Group? Vanguard may not come to mind when thinking about dynasties, but that’s about to change. Vanguard is dominating the fund business, and the numbers are

published Jun 6th 2017, 4:13 pm, by Nico Grant and Emily Chang (Bloomberg) —Apple Inc. Chief Executive Officer Tim Cook said any new, lower federal tax rate on U.S. companies’ overseas earnings should be mandatory for all companies, and proceeds should be spent on upgrading U.S. infrastructure. “It should be

published Jun 2nd 2017, 8:42 am, by Vanessa Dezem (Bloomberg) —Brazil is taking steps to promote new renewable-energy projects as the government seeks to reassure the industry that political turmoil won’t threaten current power policies. The country will organize at least one power auction for clean-energy projects this year, according

published Jun 5th 2017, 6:43 pm, by Justin Bachman (Bloomberg) —Danger lurks in Earth’s orbit as thousands of rogue objects speed around the planet—and you can’t exactly call a guy with a truck to come sweep it all up. These aren’t stray pebbles—they’re bits and pieces of all the junk we’ve

published Jun 5th 2017, 8:52 pm, by Adam Haigh (Bloomberg) —Equity markets in Asia fell as the yen strengthened, with investors opting for a note of caution following a seven-week surge for global stocks. Gold rose and oil extended declines. Japanese shares dropped while the yen rose to the highest level

published Jun 1st 2017, 3:00 am, by Suzanne Woolley (Bloomberg) —One Ring to rule them all, One Ring to find them,One Ring to bring them all, and in the darkness bind them.—J.R.R. Tolkien David Haas doesn’t like to give out his Social Security number. He fends off all the requests

published Jun 4th 2017, 6:37 pm, by Ksenia Galouchko and Jordan Robertson (Bloomberg) —President Vladimir Putin said he’s unaware of any proposal from Jared Kushner, President Donald Trump’s son-in-law, to set up a secret line of communications between the incoming administration and the Russian government, and that it’s “nonsense” to

published Jun 4th 2017, 7:15 pm, by Tracy Alloway and Joe Weisenthal (Bloomberg) — Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics. For the past few years, everyone in markets has been talking about nothing. Market moves have been subdued

published Jun 1st 2017, 11:40 am, by Elizabeth Campbell (Bloomberg) —Illinois had its bond rating downgraded to one step above junk by S&P Global Ratings, the lowest grade that it’s given to a U.S. state on record, as a long-running political stalemate over a budget shows no signs of ending.

published Jun 1st 2017, 6:59 pm, by Tim Loh (Bloomberg) —President Donald Trump just made good on his campaign vow to leave the Paris climate accord. Now, the hard part: making American coal great again. In announcing his withdrawal from the international pact to fight global warming, Trump touted mines