published Jan 9th 2017, 3:00 am, by Ben Steverman (Bloomberg) — It’s tax time again, and President-elect Donald Trump and his fellow Republicans in Congress have promised to slash them—especially for corporations and the rich. For millions of Americans, however, a tax increase will be the first thing they see.

published Jan 9th 2017, 10:59 am, by Alan Bjerga (Bloomberg) — Children keep getting more expensive to raise — fashion is pricier and so are doctor visits and day care, according to the U.S. government. At least food’s still relatively cheap. The cost for a middle-income family to raise a

published Jan 7th 2017, 11:15 am, by Jennifer Jacobs and Nafeesa Syeed (Bloomberg) —President-elect Donald Trump nominated former Indiana Senator Dan Coats as U.S. director of national intelligence, giving the retired Republican lawmaker oversight of the spy agencies that have drawn skepticism from Trump. “Dan has clearly demonstrated the deep

published Jan 3rd 2017, 12:20 pm, by Justin Sink (Bloomberg) —President-elect Donald Trump said Tuesday that the Obama administration shouldn’t release any more detainees from the military prison at Guantanamo Bay, warning the prisoners are “extremely dangerous people.” Detainees “should not be allowed back onto the battlefield,” Trump tweeted. The

published Jan 3rd 2017, 8:30 am, by Francis Wilkinson (Bloomberg View) —The religious left is the Sasquatch of American politics. It leaves footprints in the snow but recent sightings of the creature itself are rare, and not always credible. Progressive politics is dominated by secular ideals and, increasingly, secular voters.

published Jan 5th 2017, 7:30 am, by Tyler Cowen (Bloomberg View) —One of the most significant economic debates over the last decade has been over the nature of the U.S. productivity slowdown and what might someday end it. Improving overall productivity requires individual workers to produce more. That’s usually made

published Jan 5th 2017, 2:23 pm, by Shobhana Chandra (Bloomberg) —Forecasts of snow in the Washington area late Thursday into Friday morning raise the possibility of a delayed opening for government agencies that release the U.S. jobs report and trade data. That means the figures could be issued via the

published Jan 5th 2017, 2:56 pm, by Mark Shenk (Bloomberg) —Oil rose as Saudi Arabia was said to meet its pledged output cut this month and U.S. stockpiles fell the most in almost four months. The kingdom is going for full compliance with OPEC cuts so other countries do the

published Jan 3rd 2017, 2:55 pm, by Lananh Nguyen (Bloomberg) —The dollar surged to a 14-year high as stronger data in the world’s largest economy boosted the appeal of bullish bets to start the new year. The greenback climbed, and later pared gains, after a report showed American manufacturing expanded

published Jan 3rd 2017, 3:19 pm, by Megan McArdle (Bloomberg View) —Was the 401(k) a tragic mistake? When you use one of those online calculators to estimate your expected income in retirement, it can sure seem so. Investment returns have proven variable, and individuals are often prone to making idiotic