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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Aug 15th 2016, 4:00 am, by Share the View (Bloomberg View) —There’s No Such Thing as an Economic Miracle It’s not exciting, but it’s true: Wealthy countries tend to get there through slow, steady growth, and today’s developing economies will probably be no exception. So for a glimpse into China’s economic future,

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Business Headlines

published Aug 16th 2016, 6:00 pm, by Roxana Zega (Bloomberg) —While most western-European markets have recovered from the Brexit shock, Italy still has a long way to go. With a looming referendum and an ongoing banking crisis, traders are paying up to hedge against more stock turbulence. Investors in the

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Business Headlines

published Aug 15th 2016, 7:30 am, by Paula Dwyer (Bloomberg View) — Hillary Clinton has given another fine speech about the economy. It was supposed to lay out her plans to create jobs, boost growth and restore income equality, in response to Donald Trump’s economic address a few days earlier.

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Business Headlines

published Aug 15th 2016, 1:13 pm, by Luzi Ann Javier (Bloomberg) — Gold trading has gone quiet again as investors await the next clue on the timing of any U.S. interest-rate increase by the Federal Reserve. The precious metal’s 30-day historical volatility has slumped to the lowest in a year.

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Business Headlines

published Aug 15th 2016, 8:41 pm, by Zachary Tracer (Bloomberg) —Health insurer Aetna Inc. will stop selling individual Obamacare plans next year in 11 of the 15 states where it had been participating in the program, joining other major insurers who’ve pulled out of the government-run markets in the face

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Business Headlines

published Aug 14th 2016, 1:29 pm, by Nour Al Ali (Bloomberg) — The leader of Lebanon’s Hezbollah group cited Donald Trump in accusing the U.S. and President Barack Obama of creating Islamic State, becoming the latest American adversary to quote or praise the Republican nominee. Echoing Trump, Sayyed Hassan Nasrallah

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Business Headlines

published Aug 14th 2016, 3:28 pm, by Svenja O’Donnell (Bloomberg) — Britain’s exit from the European Union could be delayed until late 2019 as new departments set up for the transition may not be ready to start negotiations as early as predicted, the Sunday Times reported. The Brexit and international

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Business Headlines

published Aug 14th 2016, 10:00 am, by Albert R. Hunt (Bloomberg View) — The lunch group in Monessen, Pennsylvania, is evenly divided between Trump supporters and Trump opponents. But the dark mood across the whole room suggests why this working-class town might end up favoring him in November. Monessen, once

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Business Headlines

published Aug 11th 2016, 4:00 pm, by Christopher Langner (Bloomberg Gadfly) —The investment universe seems to be going nuts. Everyone’s moving either into the safest assets, such as gold and Treasuries, or into the riskiest ones, like emerging-market debt and equities. Call it a mass barbell strategy. Or perhaps negative-rate

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Business Headlines

published Aug 11th 2016, 4:49 pm, by Rita Nazareth, Joseph Ciolli and Lu Wang (Bloomberg) — All three U.S. stock benchmarks rose together to record highs for the first time in 16 years amid surprising earnings. European shares erased the slump that followed Britain’s secession vote. Oil climbed, while Treasuries

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