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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2016 Bloomberg News O4F1FH6TTDV2 (Bloomberg) — BlackRock Inc., the world’s largest money manager, says investors should pare their Treasury holdings because the U.S. will avoid a recession. “Economic indicators this week may show the U.S. economy experienced a mild slowdown but is not headed for a recession,” Richard Turnill, the global

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Business Headlines

©2016 Bloomberg News O4EW256KLVRK (Bloomberg) — A dissident group said it would provide names of political prisoners held in Cuba after the island nation’s president said he’d release them if he’s provided a list. Jose Daniel Ferrer, leader of the Patriotic Union of Cuba, said he’d provide names of at

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©2016 Bloomberg News O4F08B6S972C (Bloomberg) — Donald Trump shot back at Hillary Clinton during a well-received speech at the American Israel Public Affairs Committee given hours after the former secretary of state blasted the billionaire Republican front-runner’s promise to remain “neutral” in the Palestinian-Israeli conflict.  Trump — who along with

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Business Headlines

©2016 Bloomberg News O4D41S6JTSED (Bloomberg) — When it comes to fiscal discipline in the European Union, three is the magic number.  That’s a deficit limit of 3 percent of GDP, and five EU states will make the budgetary bad books this year by breaching that level, according to economists surveyed by Bloomberg since

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©2016 Bloomberg View O4CHHJ6JTSE8 (Bloomberg View) — Remember that first branch of American government? With all the attention to the presidential race and the partisan fight over President Barack Obama’s nomination of Merrick Garland to the Supreme Court, Congress seems an afterthought. QuickTakeU.S. Budget Battles The legislative branch isn’t a

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©2016 Bloomberg News O4CCWZ6KLVR4 (Bloomberg) — Hedge funds are loading up with pork. With Americans expected to eat the most pork since 2007, money managers are now the most-bullish since 2014 on hog futures, which already are at a nine-month high. Fast-food restaurant owners like McDonald’s Corp. are selling more

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Business Headlines

©2016 Bloomberg View O473QE6JTSE9 (Bloomberg View) — For the first time ever, the National Football League has explicitly admitted there is a link between football-related brain trauma and the degenerative disease known as chronic traumatic encephalopathy, or CTE. It’s a stunning shift in strategy. The first question is: Why now? During a

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Business Headlines

©2016 Bloomberg News O47DTY6S9728 (Bloomberg) — Michael Goguen liked his privacy. In the world of startups, full of bombast and self- promotion, the soft-spoken venture partner at Sequoia Capital specialized in quieter, more technical areas: He vetted networking, infrastructure, and security technologies for the firm before he departed abruptly last

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©2016 Bloomberg News O47MOMSYF01V (Bloomberg) — Gold-mining companies that are seeing their shares surge the most in decades are still cheap, based on historic measures of their reserves. An index of large producers, including Barrick Gold Corp. and Goldcorp Inc., has gained a whopping 87 percent in the past three

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Business HeadlinesYour Money

©2016 Bloomberg View O430366JTSEB (Bloomberg View) — Honest Dollar Goldman Sachs is buying Honest Dollar, a retirement-savings robo-startup, and wouldn’t it be funny if they rebranded the whole company after the new acquisition? Like, “Goldman Sachs is now Honest Dollar.” “Honest Dollar is number three in the energy M&A league

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