published Feb 27th 2017, 6:03 am, by Mark Gilbert (Bloomberg View) — President Donald Trump will select three members of the Federal Reserve board during his term in office, including a replacement chair for Janet Yellen when her appointment expires early next year. He should seize the chance to refresh

published Feb 26th 2017, 9:00 am, by Albert R. Hunt (Bloomberg View) — President Donald Trump’s initial address to a joint session of Congress Tuesday night may be the most anticipated in memory. Not, as Trump would claim, because he’s so compelling. Rather it’s because, when it comes to substance,

published Feb 26th 2017, 5:33 am, by Vivian Nereim and Yousef Gamal El-Din (Bloomberg) — Saudi Arabia is counting on rules that will extend the settlement cycle on stock trades to attract more foreign investors, Capital Market Authority Vice Chairman Mohammed El-Kuwaiz said. The Tadawul stock exchange has about 50

published Feb 26th 2017, 11:12 am, by Joe Light (Bloomberg) — Treasury Secretary Steven Mnuchin said President Donald Trump’s upcoming budget won’t touch entitlement programs such as Social Security or Medicare, and will instead focus on ways to produce long-term economic growth by slashing taxes. “We are not touching those

published Feb 23rd 2017, 7:15 pm, by Mark Bergen and Kartikay Mehrotra (Bloomberg) — It took Alphabet Inc.’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies Inc. allegedly did it in nine months. Waymo claims in a lawsuit filed Thursday that

published Feb 21st 2017, 6:30 am, by Albert R. Hunt (Bloomberg View) — President Donald Trump has promised the most comprehensive overhaul of the tax system since 1986. That was when a Republican president joined forces with a Democratic House of Representatives and a Republican Senate to lower personal income-tax

published Feb 22nd 2017, 1:00 pm (Bloomberg) — Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on Feb. 1. The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 31-February 1,

published Feb 23rd 2017, 7:30 am, by Patricia Laya (Bloomberg) — The number of Americans filing for unemployment benefits increased last week, while staying within a range that shows subdued firings. Jobless claims rose by 6,000 to 244,000 in the week ended Feb. 18, a report from the Labor Department

published Feb 23rd 2017, 6:24 am, by Victoria Bateman (Bloomberg View) — Not so long ago economists appeared to rule the world. The globalization reaching into every home was christened the brainchild of neoliberal economics. But when things began to go wrong, starting in 2007, economists took a beating. Now,

published Feb 21st 2017, 4:00 pm, by Junheng Li (Bloomberg View) — North Korea’s test of a ballistic missile on Feb. 11 and the assassination of Kim Jong Nam, the estranged half-brother of Kim Jong Un, in Kuala Lumpur on Feb. 13, are a reminder of two uncomfortable facts. First,