published Aug 26th 2016, 10:06 am, by Nir Kaissar (Bloomberg Gadfly) — Defined contribution plans — American workers’ golden road to retirement — are on the defensive. A mountain of class-action lawsuits is piling up against a who’s who of blue-chip companies and prestigious universities, accusing them of failing to

published Aug 28th 2016, 5:29 am, by Filipe Pacheco (Bloomberg) — Saudi Arabian stocks led gains across most Gulf equities as an advance in the price of oil helped offset investor caution over the timing of U.S. interest-rate increases. Saudi Arabia’s Tadawul All Share Index rose 1.2 percent at 1:07

published Aug 28th 2016, 10:45 am, by Albert R. Hunt (Bloomberg View) —Any American political strategist or reporter — I’ve been one for more than four decades — loves the map: That’s the electoral map that decides the presidential election every four years. Each of the 50 states is awarded

published Apr 8th 2016, 10:58 am, by Noah Feldman (Bloomberg View) —If I tell you a California judge struck down the addition of a Christian cross to the Los Angeles County seal, that probably sounds like a good example of the separation of church and state. If I tell you

published Aug 25th 2016, 4:01 pm, by Stepan Kravchenko (Bloomberg) — While the West sees Russia as a cyber predator, hackers in the East increasingly view it as prey, according to online security company Kaspersky Lab, which says there’s been a sharp spike in attacks from China. Cases of Chinese

published Aug 25th 2016, 1:54 pm, by Megan McArdle (Bloomberg View) —When Bill Clinton signed welfare reform into law, the outrage from the left was incandescent. Peter Edelman, a prominent official in Health and Human Services, resigned in protest and wrote an article for the Atlantic calling it “The Worst

published Aug 24th 2016, 2:33 pm, by Barry Ritholtz (Bloomberg View) —There has been a steady drumbeat of negativity about housing ever since the residential real-estate market crashed. While there are some signs of recovery, psychological damage persists. It has been a few years since we last looked at this

published Aug 24th 2016, 5:25 pm, by Patricia Hurtado (Bloomberg) —The former chief executive of Comverse Technology Inc. who hid in Africa for a decade pleaded guilty to backdating stock options and was jailed immediately by a U.S. judge who said the defendant’s intelligence and guile meant he couldn’t be

published Aug 24th 2016, 5:00 pm, by David Tweed and Nick Wadhams (Bloomberg) —U.S. Defense Secretary Ash Carter warned a few months back that China risked a “great wall of self-isolation” for its actions in the disputed South China Sea. That hasn’t deterred Xi Jinping. Beijing is boosting its military

published Aug 23rd 2016, 7:00 am, by Megan McArdle (Bloomberg View) — “The health of Americans should not be a profit center. Health care is a right. Full stop.” That comes from the Twitter feed of personal finance writer Helaine Olen. But it could have issued straight from the heart