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

published Nov 22nd 2016, 3:35 pm, by John Voskuhl and Caleb Melby (Bloomberg) —President-elect Donald Trump said that a sitting U.S. president “can’t have a conflict of interest,” responding to a surge of questions about whether his global business interests will collide with his official duties when he takes office

published Nov 21st 2016, 9:30 am, by Sid Verma (Bloomberg) —The president-elect has fueled a spirited rally in the dollar and developed-market stocks since his election victory, while government bond yields have staged a large selloff amid expectations that the Republican’s policy platform — tax cuts, deregulation, and infrastructure spending —

published Nov 21st 2016, 2:34 pm, by Lisa Abramowicz (Bloomberg Gadfly) —The wheels of the $1.3 trillion U.S. junk-bond market are slowly grinding to a halt. Just a few years ago, the market was as wide open as it had ever been, allowing borrowers to raise money for anything and

published Nov 21st 2016, 3:01 pm, by Lu Wang and Rebecca Spalding (Bloomberg) —U.S. stocks rose, pushing four major benchmark indexes to simultaneous records for the first time since 1999, as investors added to a post-election advance spurred by speculation the incoming administration’s policies will incite brisker economic growth. The

published Nov 20th 2016, 3:00 pm, by Bloomberg News (Bloomberg) — China is continuing to loosen mining policies that caused global coal prices to surge this year, temporarily reversing some output restrictions and encouraging production to ease tight supply through winter. The latest guidance given by regulators last week signals

published Nov 20th 2016, 5:31 pm, by Toluse Olorunnipa, Margaret Talev and Ilya Arkhipov (Bloomberg) — President Barack Obama said he didn’t discuss alleged Russian meddling in the U.S. election in a four-minute meeting with Vladimir Putin in Lima, an encounter that’s likely the last between two leaders divided by

published Nov 20th 2016, 6:29 pm, by Jennifer Jacobs and Arit John (Bloomberg) —Donald Trump interviewed top investment executives for the role of Treasury Secretary as the president-elect continues stitching together the administration that will take over the White House in January. Meetings at the Trump National Golf Club in Bedminster, New

published Nov 17th 2016, 4:04 pm, by Anna Edney (Bloomberg) —Key Republicans in Congress are cautioning that replacing Obamacare will be a difficult and lengthy process that won’t happen in the first days of President-elect Donald Trump’s administration. U.S. Senator Lamar Alexander, chairman of the Health, Education, Labor and Pensions