Pence Doubles Down on Defense of Trump in First Event Post-Video
published Oct 10th 2016, 3:35 pm, by Arit John (Bloomberg) —Republican vice presidential nominee Mike Pence offered a full-throated defense of Donald Trump days after the release of a video last week that captured Trump making lewd comments about women, citing his running mate’s dedication and his own Christian faith. “It’s been an interesting
Evangelical Civil War: Q&A With Russell Moore: Francis Wilkinson
published Oct 9th 2016, 10:16 am, by Francis Wilkinson (Bloomberg View) — Russell Moore is not surprised. In 2015, the president of the Ethics and Religious Liberty Commission of the Southern Baptist Convention warned his fellow conservative evangelical Christians about a political candidate whose entire life was devoted to egotism
U.K. Firms Show Reluctance to Invest After Brexit Vote, BCC Says
published Oct 9th 2016, 6:01 pm, by John Ainger (Bloomberg) — U.K. businesses have become more cautious about the outlook and may be less inclined to invest and hire since the vote to leave the European Union, according to the British Chambers of Commerce. Citing “muted business investment intentions,” the
How to Play Sunday’s Debate: A Personal-Finance Guide
published Oct 7th 2016, 4:00 am, by Suzanne Woolley (Bloomberg) — It’s the economy again, stupid. The presidential race has been dominated by debate over job creation, retirement, and other tenets of economic security, along with looming questions over race in America and threats from abroad. The future of Social
Clinton-Trump Meet in Round 2, Fed Minutes: Week Ahead Oct. 8-15
published Oct 6th 2016, 4:24 pm, by Stanley James, Phyllis Halliday and James Amott (Bloomberg) — The second U.S. presidential debate between Hillary Clinton and Donald Trump takes place on Sunday night in St. Louis. Their first encounter was the most watched ever, with an audience of more than 84
North Korean Defectors to Create Government in Exile, Paper Says
published Oct 6th 2016, 8:53 pm, by Kanga Kong (Bloomberg) — A group of high-profile defectors are planning to establish a North Korean government in exile in the U.S. early next year, a South Korean newspaper reported Friday, citing one the of the group’s leaders. The defectors — some of
Hollywood Can Save the American Family: Megan McArdle
published Mar 17th 2015, 12:35 pm, by Megan McArdle (Bloomberg View) — Robert Putnam’s “Our Kids: The American Dream in Crisis” has touched off a wave of print and digital commentary. The book chronicles a growing divide between the way affluent kids are raised, in two-parent homes whose parents invest
Sears Might Have Found a Tool for (Temporary) Survival: Gadfly
published Oct 5th 2016, 10:12 am, by Shelly Banjo (Bloomberg Gadfly) — Is this the end of the line for Sears? Not exactly. The slow-burning department-store chain is in talks to sell its Craftsman tool business for around $2 billion, Bloomberg News reported on Tuesday. At first glance, this seems like
Matt Levine’s Money Stuff: Illegal Stock Tips and Risky Loans
published Oct 5th 2016, 8:17 am, by Matt Levine (Bloomberg View) — Insider trading. I don’t know what else there is to say about the Salman insider trading case being argued before the Supreme Court today, but I guess Salman’s and the government’s lawyers will find something. If you pass inside
Alaska Oil Known Reserves May Have Grown 80% on Discovery
published Oct 5th 2016, 11:29 am, by Robert Tuttle (Bloomberg) — Alaska’s oil reserves may have just gotten 80 percent bigger after Dallas-based Caelus Energy LLC announced on Tuesday the discovery of 6 billion barrels under Arctic waters. The light-oil reserves were found in the company’s Smith Bay leases between