Ex-Clinton Aide Mills Says She Didn’t Think E-Mails May Be Lost
published May 31st 2016, 4:54 pm, by Ben Brody (Bloomberg) — Hillary Clinton’s chief of staff during her time as secretary of state, Cheryl Mills, said she simply never thought about the prospect that some of Clinton’s private e-mail exchanges wouldn’t be retained under federal records laws. “I wish I
European Money Doesn’t Want to Go to Greece: Mark Whitehouse
published May 30th 2016, 1:00 am, by Mark Whitehouse (Bloomberg View) — Greece and its creditors may have averted a crisis by agreeing on the release of another dose of bailout money, but the deal does little to address a deeper problem: Europeans still don’t want to put their money
What’s Driving the Global Spread of Demagogues?: Pankaj Mishra
published May 30th 2016, 5:00 pm, by Pankaj Mishra (Bloomberg View) —In Austria last month, nearly half of the electorate voted for the presidential candidate of a party set up by former Nazis. The politics of fear unequivocally triumphed in Assam, a state in India’s northeast, where Prime Minister Narendra
Illinois Lawmakers Override Veto of Chicago Pension Break
published May 30th 2016, 5:48 pm, by Elizabeth Campbell (Bloomberg) —Illinois lawmakers overrode Governor Bruce Rauner’s veto of a law that gives Chicago a partial break on its pension payments to police and fire retirement funds. The House followed the Senate’s vote Monday to nix the veto. Rauner, a first-term
Finding Better Ideas to Rebuild the American Economy: Noah Smith
published May 26th 2016, 1:22 pm, by Noah Smith (Bloomberg View) — The just-published book “Concrete Economics,” by University of California-Berkeley professors Brad DeLong and Stephen S. Cohen, needs an expanded sequel — 900 pages long, with charts, data, theory and an exhaustive list of historical case studies. That book
Apple Riding to Big Media’s Rescue Is a Bad Plot Line: Gadfly
published May 26th 2016, 11:33 am, by Shira Ovide (Bloomberg) — Coming to a multiplex cinema near you, for the last 15 years: Big tech company swoops in to rescue a damsel-in-distress media company. Too bad it’s a meet cute that makes little sense. In a world where the lines
Trump Vows to Undo Obama Actions, Paris Deal in Energy Speech
published May 26th 2016, 4:27 pm, by Brian Wingfield (Bloomberg) — Republican presidential candidate Donald Trump said he would rescind “job-destroying” Obama administration environmental actions within 100 days of taking office and cancel a landmark international climate deal reached last year in Paris. “His policy is death by a thousand
Bernie Sanders Grows Pro-Pot During California Primary Swing
published May 25th 2016, 4:42 pm, by Terrence Dopp (Bloomberg) — Bernie Sanders is turning to marijuana to bolster his credentials in California ahead of the crucial Democratic primary there. The Vermont senator told a rally in beach-front Santa Monica that he would vote yes on an initiative proposed for
A Rearguard Action by Saudi Arabia to Stop Iran’s Economic Rise
published May 25th 2016, 6:01 pm, by Ladane Nasseri and Glen Carey (Bloomberg) —Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to reap its benefits. QuickTake Iran’s Nuclear Program The kingdom is mobilizing its Gulf allies to make sure that,
U.S. Stocks Rise Amid Optimism Economy Can Handle Higher Rates
published May 25th 2016, 3:29 pm, by Oliver Renick (Bloomberg) — U.S. stocks posted the strongest two-day rally in nearly three months, as signs of a stronger economy spurred speculation it can withstand higher interest rates. Banks in the S&P 500 led Wednesday’s move, reaching their highest level since Jan.