published Nov 29th 2016, 3:20 pm, by Sofia Horta e Costa and Lu Wang (Bloomberg) — U.S. stocks regained their momentum and hovered near all-time highs as traders digested encouraging data on gross domestic product growth and real estate, looking for hints about the strength of the economy ahead of

published Nov 29th 2016, 4:18 pm, by Bloomberg News (Bloomberg) —The Chinese speculators shaking up global commodity markets are switched-on, flush with cash and probably not getting enough sleep. For the second time this year, trading has exploded on the nation’s exchanges, pushing prices of everything from zinc to coal

published Nov 28th 2016, 1:55 pm, by Luke Kawa and Drew Singer (Bloomberg) — On the campaign trail, President-elect Donald Trump lambasted Hillary Clinton for profiting off speeches delivered to Wall Street bankers. In an ironic twist, the real estate mogul’s victory has fostered the exact opposite dynamic, enriching bankers

published Nov 28th 2016, 4:54 pm, by Emma O’Brien (Bloomberg) — The global equity rally is petering out, with index futures signaling losses in Asia following U.S. benchmarks’ retreat from record highs. Haven assets maintained gains as the focus shifted from Donald Trump’s election win to fresh threats to market

published Nov 28th 2016, 5:32 pm, by Suzanne Woolley (Bloomberg) — Many company 401(k) retirement savings plans could use a swift kick into the 21st century, according to a new report from the U.S. Government Accountability Office. A number of longtime 401(k) plan designs fail to reflect a new, more

published Nov 27th 2016, 4:00 pm, by Angelina Rascouet, Grant Smith and Wael Mahdi (Bloomberg) — OPEC is embarking on a last-ditch diplomatic push to reach a production cut, with ministers flying to Russia for talks, as Saudi Arabia for the first time suggested the oil-club doesn’t necessarily need to

published Nov 22nd 2016, 9:19 am, by Shobhana Chandra (Bloomberg) — Sales of previously owned U.S. homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs, National Association of Realtors data showed

published Nov 23rd 2016, 11:12 am, by Luke Kawa and Julie Verhage (Bloomberg) — On the surface, the message from the University of Michigan’s final reading of consumer sentiment for November is that President-elect Donald Trump will fix what ails the nation — fast. The consumer expectations index of the

published Nov 22nd 2016, 3:26 pm, by Rita Nazareth and Lukanyo Mnyanda (Bloomberg) — All four major U.S. stock benchmarks rallied to records, with the Dow Jones Industrial Average topping 19,000 for the first time. Metals climbed, while oil was little changed. The Dow Average rose alongside the S&P 500

published Nov 22nd 2016, 1:42 pm, by Vivian Nereim (Bloomberg) — Saudi engineering graduate Marwan turned down a job from General Electric to hold out for a better salary. It’s a decision he now regrets. The 24-year-old native of the port city of Jeddah has been applying to jobs for