
Dollar Gains Second Day as Fed Rate Rise Odds Jump; Kiwi Slumps
published Oct 11th 2016, 9:14 am, by Netty Ismail and Lilian Karunungan (Bloomberg) —The dollar advanced for a second day as traders increased bets the Federal Reserve will raise interest rates this year and as a jump in oil prices Monday helped push up Treasury yields. The U.S. currency strengthened

Trump’s Tax Plan Seen Turning Employees Into Contractors
published Oct 11th 2016, 3:31 pm, by Lynnley Browning (Bloomberg) — Donald Trump’s proposal to offer all businesses a flat 15 percent income-tax rate would prompt workers to try to cut their tax bills by turning themselves into “self-employed” contractors — without leaving their current employer — according to a

How Trump Survived His Second Debate, By the Numbers
published Oct 10th 2016, 8:27 am, by Adam Tiouririne (Bloomberg) —Sunday’s presidential debate ended with Hillary Clinton and Donald Trump naming one positive thing they respect in each other. But first came more than an hour of brutal political warfare. Eighty interruptions whizzed among Clinton, Trump, and the moderators during

Asia Stocks Rise as Energy Shares Rally With Oil, Topix Advances
published Oct 10th 2016, 7:14 pm, by Min Jeong Lee and Hiroyuki Sekine (Bloomberg) —Asian stocks rose as energy shares rallied on expectations major crude producers will work to tighten output, while equities in Japan gained as the yen weakened for a second day. The MSCI Asia Pacific Index added

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