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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Jan 25th 2017, 3:34 pm, by Oliver Renick (Bloomberg) —U.S. stocks rose Wednesday, carrying forward a global equity rally that’s propelled by expectations of stronger economic growth and government spending by President Donald Trump’s administration. The S&P 500 advanced 0.8 percent to 2,298.37 at 4 p.m. in New York

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Business Headlines

published Jan 25th 2017, 2:23 pm, by Mark Shenk (Bloomberg) —Oil declined after a U.S. government report showed crude and fuel inventories increased. Futures fell 0.8 percent in New York. Crude supplies  rose 2.84 million barrels in the week ended Jan. 20, the Energy Information Administration said. Gasoline stockpiles climbed a fourth

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published Jan 23rd 2017, 5:00 am, by Suzanne Woolley (Bloomberg) —A profit center. A silent fee. One more kick in the pants. Those are a few of the ways divorce lawyers describe the fee that many 401(k) plan participants have to pay when they need to divide a retirement account in a

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Business HeadlinesYour Money

published Jan 24th 2017, 11:44 am, by Nir Kaissar (Bloomberg Gadfly) —President Trump has embraced Twitter as his bully pulpit, a 140-character instantaneous broadcast of his pronouncements and denouncements, including about companies that he thinks deserve his praise or ire. Some big banks and hedge funds are apparently using computer

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Business Headlines

published Jan 24th 2017, 5:14 pm, by Robert Tuttle (Bloomberg) —President Donald Trump’s decision to revive TransCanada Corp.’s Keystone XL pipeline may herald a new era of pipeline abundance for Canadian oil producers after years of bottlenecks. The U.S. president signed documents to advance the project Tuesday, more than a

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Business Headlines

published Jan 23rd 2017, 1:08 pm, by Joseph Ciolli (Bloomberg) —U.S. stocks fell amid mounting losses in energy and industrial shares as investors weighed the Trump administration’s trade policies, including comments from the president mentioning a “very major” border tax. The S&P 500 Index declined 0.4 percent to 2,263.36 at

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Business Headlines

published Jan 23rd 2017, 6:06 am, by Gwen Ackerman and Fadwa Hodali (Bloomberg) — Donald Trump is already looming large over some of the most contentious issues dividing Israelis and Palestinians, emboldening some Israeli officials to take moves that threaten to reignite violence and make the prospect of reviving peace

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Business Headlines

published Jan 23rd 2017, 4:51 pm, by Saleha Mohsin (Bloomberg) — U.S. Treasury Secretary nominee Steven Mnuchin said an “excessively strong dollar” could have a negative short-term effect on the economy. “The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith

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Business Headlines

published Jan 22nd 2017, 10:01 am, by Bloomberg News (Bloomberg) — Confronted by the challenge of a Donald Trump-led White House, China is signaling it’s ready to work with the new administration and has already taken a handful of policy steps that may help fend off criticism over access to

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published Jan 20th 2017, 10:10 am, by Barry Ritholtz (Bloomberg View) — Today is the day that Donald J. Trump will be inaugurated as the 45th U.S. president. From weeks before the election right up until today, talking heads have been telling us how momentous this will be for the

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