Emerging-Market Assets Retreat as Global Stimulus Optimism Fades
published Aug 3rd 2016, 4:06 pm, by Sunny Oh and Maria Levitov (Bloomberg) — Emerging-market stocks fell the most in four weeks and currencies weakened amid deepening concern that central bank stimulus from Japan to Europe and the U.S. won’t be enough to support global growth. The Borsa Istanbul 100
Tax Reform Means a Fresh Start for India’s Economy: Editorial
published Aug 3rd 2016, 9:02 pm, by The Editors (Bloomberg View) — The tax reform just approved by India’s parliament could transform the country’s economy. Talked about for years, the plan would replace a crazy jumble of national, state and local taxes with an integrated value-added tax. If well-executed, the
A Year After Crash, China Has New Bubbles, Old Tools: Tom Orlik
published Aug 2nd 2016, 7:03 pm, by Tom Orlik (Bloomberg View) — The collapse of China’s stock markets a year ago was eye-catching, but in the end, hardly earth-shattering. Despite the pain for millions of retail investors, the fact is that stocks remain a small part of the financial system
U.S. Stocks Fall Most in Four Weeks Amid Renewed Growth Worries
published Aug 2nd 2016, 3:31 pm, by Anna-Louise Jackson and Bailey Lipschultz (Bloomberg) — U.S. stocks declined the most in four weeks, as sliding crude prices and lackluster consumer spending data revived anxiety that global growth will falter. Equities narrowly avoided their worst day since the selloff following Britain’s vote
Why Americans Think Crime Is Worse Than It Is: Justin Fox
published Aug 2nd 2016, 11:40 am, by Justin Fox (Bloomberg View) — Crime is on the rise everywhere, except in the crime statistics. That’s not quite right: The number of homicides in the 50 largest cities in the U.S. did rise 17 percent in 2015, with some cities seeing further
Sanders Fans, Your Shouting Will Not Protect You: Megan McArdle
published Jul 26th 2016, 1:03 pm, by Megan McArdle (Bloomberg View) — The logistical organization of the Democratic National Convention seems to be, as many journalists have commented, a Dumpster fire. Luckily for Democrats, the overwhelming majority of Americans are not attending the convention, and nor are they likely to
Microsoft Sells $19.75 Billion of Bonds in Its Biggest Ever Sale
published Aug 1st 2016, 6:23 pm, by Christopher Olsen and Claire Boston (Bloomberg) — Microsoft Corp. raised $19.75 billion in the third-largest U.S. corporate bond sale of the year to help finance its planned purchase of LinkedIn Corp. Investors put in more than $50 billion of orders for the deal
Some Conservative Donors Seek Trump-Koch Détente
published Aug 1st 2016, 5:09 pm, by Jennifer Jacobs (Bloomberg) — Some influential conservative donors are trying to broker a détente between Republican nominee Donald Trump and Charles Koch, the billionaire industrialist whose political network is poised to spend $750 million on 2016 political contests. Dallas investor Doug Deason, whose
Why Russia Keeps Getting Away With Hacking the U.S: Eli Lake
published Jul 31st 2016, 9:30 am, by Eli Lake (Bloomberg View) — Since 2014, President Barack Obama’s administration has punished three of the four states considered the top cyber threats to U.S. computer networks: China, Iran and North Korea. The curious exception is Russia, the country experts and Hillary Clinton’s
Global Earnings Tumble as Companies Dig Deeper for Cost Savings
published Jul 31st 2016, 6:01 pm, by Thomas Black (Bloomberg) — Corporate earnings are heading for a fifth straight quarter of declines, dragged down mostly by energy companies’ struggles with low oil prices and a tepid global economy that threatens to throttle sales growth in many industries. U.S. companies as