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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2016 Bloomberg News O19U9E6KLVRI (Bloomberg) — U.S. stocks fell, with the Standard & Poor’s 500 Index reaching a 21-month low, following a renewed selloff across stocks worldwide as skepticism about the strength of the global economy intensified. A late-day rally paced by health-care and small-cap shares helped trim declines, with

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©2016 Bloomberg View O19FWE6JTSEP (Bloomberg View) — Banks Goldman Sachs announced earnings today, just barely squeezing some of its $5.1 billion mortgage settlement into the fourth quarter; earnings were down year-over-year because of that charge. Here is the press release. There is a lot of gloom at the banks. “Once Wall

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Business Headlines

©2016 Bloomberg News O17PPG6K50Y0 (Bloomberg) — As Iowa voters prepare to kick off voting in the U.S. presidential nominating contests Feb. 1, an inquiry into the failure of Britain’s pollsters to predict last year’s election result is raising questions about the accuracy of surveys in the race to succeed Barack

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Business Headlines

©2016 Bloomberg News O1845T6JTSEC (Bloomberg) — Oil traded near the lowest close in more than 12 years before weekly U.S. government data forecast to show crude stockpiles expanded, exacerbating a global glut. Futures were little changed in New York after dropping 3.3 percent Tuesday to the lowest level since September

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Business Headlines

©2016 Bloomberg News O1867M6JTSEB (Bloomberg) — Behind the numbers showing China’s continued slowdown at the end of last year lies a warning for Communist Party leaders who have been equally determined to embrace economic change and to ensure a rapid pace of growth. The flashing yellow light: there’s less and

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Business Headlines

©2016 Bloomberg View O15G456JTSE8 (Bloomberg View) — At its best, economics is the study of what makes people better off, and how they can have more of it. To be effective, though, economists may have to tackle a tougher question: what “better off”‘ really means. For much of the past

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Business Headlines

©2016 Bloomberg News O16C376JTSE8 (Bloomberg) — Treasury benchmark yields that fell to 2 percent this month are raising concern the U.S. economy is losing momentum. Yields have tumbled as a global stock-market rout, tumbling crude oil prices and falling inflation expectations combined to send money managers to the haven of

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Business Headlines

©2016 Bloomberg News O16AUI6KLVRF (Bloomberg) — Republican operatives are having a strange bromance with Bernie Sanders. During Sunday night’s Democratic debate, the Republican National Committee made the unusual move of sending no fewer than four real-time e-mails to reporters defending the self- described democratic socialist from attacks by Hillary Clinton.

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Business Headlines

©2016 Bloomberg News O14CGS6JIJUO (Bloomberg) — A rolling brawl between the two U.S. Republican presidential front-runners didn’t abate on Sunday as Donald Trump termed his closest competitor, Ted Cruz, “nasty” and the Texas senator stood his ground in criticizing the billionaire’s “New York values.” “He’s a nasty guy,” Trump said on

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Business Headlines

©2016 Bloomberg News O13WTI6JIJUO (Bloomberg) — As Iran emerges from a decade of international sanctions, its Gulf Arab rivals are facing their toughest economic predicament since the global financial crisis. Governments across the six-nation Gulf Cooperation Council are taking unprecedented measures to counter the slump in oil prices, curtailing some

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