Perry Says Trump Should Renegotiate, Not Exit, Paris Accord
published Apr 25th 2017, 3:34 pm, by Joe Ryan (Bloomberg) —Energy Secretary Rick Perry became the latest senior member of President Donald Trump’s administration to publicly advocate for staying in the Paris climate accord, saying the U.S. should renegotiate the deal and push European nations to take on a larger
Inside Japan’s Plan to Avoid Trump’s Wrath on Trade Disputes
published Apr 11th 2017, 10:23 pm, by Maiko Takahashi and Connor Cislo (Bloomberg) —Japan had one main objective when Prime Minister Shinzo Abe visited the White House in February: Deal with U.S. Vice President Mike Pence on major economic disputes. Ahead of the meeting, President Donald Trump had lashed out
The Average Person Really Isn’t Rockefeller Rich: Barry Ritholtz
published Apr 24th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) —You are not poor; income inequality is a myth; the middle class is doing just fine. That seems to be the message coming from numerous right-leaning think tanks, websites and authors. I was reminded of this yet again over
Taxes Are No Longer Certain And That’s Disrupting Solar Deals
published Apr 24th 2017, 4:21 pm, by Brian Eckhouse (Bloomberg) — Even without any specific tax-reform proposals, President Donald Trump’s pledge to revamp U.S. policies is already affecting the solar industry, and not in a good way. “It’s causing disruptive effects on finance,” Abigail Ross Hopper, president and chief executive
Trump Plans Top-Level Briefing With Senators on North Korea
published Apr 23rd 2017, 3:45 pm, by Ros Krasny (Bloomberg) —The White House will hold a briefing for senators with its “four principals” on North Korea as the administration considers its options for dealing with saber-rattling from Pyongyang. Secretary of State Rex Tillerson, Defense Secretary Jim Mattis, Director of National
How Her Dying Dad’s Lost Recipe Made Hiroe Tanaka a Millionaire
published Apr 23rd 2017, 10:00 am, by Min Jeong Lee, Hiroyuki Sekine and Toshiro Hasegawa (Bloomberg) —When Hiroe Tanaka’s father died, he left behind something that would change her life: a recipe for fried meat on a stick. It was an act of love. His daughter adored the Japanese street
Republican Cracks Emerging in Trump’s Coal-Heavy Energy Plan
published Apr 23rd 2017, 3:00 pm, by Joe Ryan (Bloomberg) —For all Donald Trump’s efforts to revive coal, market forces and some of his own supporters are vying to write their own version of America’s energy future. Divisions persist among the president’s supporters — and even within his own cabinet
‘Fight Inequality!’ Seems to Be a Poor Rallying Cry: Tyler Cowen
published Apr 20th 2017, 3:16 pm, by Tyler Cowen (Bloomberg View) — Inequality, of income or wealth, is one of the most frequently invoked ideas in policy discussions today. Yet a study of the concept reveals uncomfortable truths, namely that most Americans don’t mind inequality nearly as much as pundits
Trump Confident China Working `Very Hard’ to Rein in North Korea
published Apr 20th 2017, 3:33 pm, by Margaret Talev and Toluse Olorunnipa (Bloomberg) —President Donald Trump said he has “absolute confidence” that Chinese President Xi Jinping will work “very, very hard” to defuse rising tensions North Korea has stirred through nuclear and missile tests. Trump, speaking at the White House
Mnuchin Says Tax Overhaul Plan Will Happen by Year’s End
published Apr 20th 2017, 4:00 pm, by Lynnley Browning and Saleha Mohsin (Bloomberg) —The Trump administration is aiming to complete the biggest overhaul of the tax code since President Ronald Reagan by the end of the year, even if a second attempt to repeal the Affordable Care Act fails, according