published Jun 6th 2016, 3:43 pm, by Maria Levitov and Elena Popina (Bloomberg) — Emerging-market currencies and stocks rallied for a third day as the weakest U.S. jobs data since 2010 and comments by Federal Reserve Chair Janet Yellen that provided less specificity as to the potential timing of interest-rate

published Jun 6th 2016, 7:06 pm, by Justin Sink and Margaret Talev (Bloomberg) — President Barack Obama spoke by phone with Vermont Senator Bernie Sanders as Obama prepares to endorse Hillary Clinton after she amasses the number of delegates needed to win the Democratic nomination for president, according to people

published Jun 5th 2016, 9:58 am, by Albert R. Hunt (Bloomberg View) — It’s rare that President Barack Obama and Republican National Committee Chairman Reince Priebus agree. In recent weeks, they both have said that the presidential nominating process is not rigged. They are right. That hasn’t stopped those displeased

published Jun 5th 2016, 10:00 am, by Noah Feldman (Bloomberg View) — Boxing made Muhammad Ali famous, but his conversion to Islam — and the meaning the world attached to it — made him a global historical figure. Ali’s conversion came to be understood as an act of transnational identification

published Jun 5th 2016, 3:00 pm, by Stefania Bianchi and Matthew Martin (Bloomberg) —Saudi Arabia’s plans to bolster its finances are taking on a new sense of urgency as lower oil prices put the economy under more strain than at any other time in the past decade. In recent weeks,

published Jun 2nd 2016, 5:48 pm, by Katherine Chiglinsky and Elizabeth Dexheimer (Bloomberg) — Wall Street and business lobbying groups have teamed up to fight the Obama administration’s new rules for U.S. brokers managing retirement accounts, saying the regulations include a “ deliberately unworkable” fiduciary standard. The U.S. Chamber of

published Jun 2nd 2016, 9:55 pm, by David Fickling (Bloomberg) — There are two sides to every story, and that’s rarely more true than in commodity markets. If you look just at the supply side of the equation, it’s hard to comprehend traders’ mild reaction to another OPEC meeting concluding

published Jun 2nd 2016, 8:07 pm, by Emma O’Brien (Bloomberg) — Asian equities tracked the U.S. rebound, rallying as the S&P 500 Index’s climb to a seven-month high bolstered optimism ahead of jobs data that’s likely to color speculation around Federal Reserve policy. Gold extended its slump. Japanese shares drove

published Jun 1st 2016, 6:00 pm, by Justin Sink (Bloomberg) —President Barack Obama took on Donald Trump’s Republican campaign pitch to make America great again by declaring Wednesday that his economic policies already have made life better for middle-class voters. Obama returned to the site of his first presidential visit,

published Jun 1st 2016, 9:36 am, by Elizabeth Campbell (Bloomberg) — Illinois’s leaders failed to end the state’s worst budget impasse on record, deepening the fiscal turmoil in the Land of Lincoln as unpaid bills may swell to $10 billion, schools risk not opening on time, and prisons fall in