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05 Feb 2016 07:53 (Bloomberg View) — Shkreli, etc. The system for pricing prescription drugs in the U.S. is a bit of a disaster. Our reliance on medical insurance means that pricing is not based on consumer demand or ability to pay. Nor is it exactly based on negotiations with

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Business Headlines

©2016 Bloomberg News O2785T6KLVR4 (Bloomberg) — A day after making headlines in the final Republican debate before the New Hampshire primary with blistering attacks on Marco Rubio, New Jersey Governor Chris Christie kept up the offensive as he strives for a strong finish in a state he made a critical

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Business Headlines

©2016 Bloomberg News O27FP86TTDS1 (Bloomberg) — Oil traded near $31 a barrel as Saudi Arabia said it held “successful” talks with Venezuela about cooperating to stabilize the market, without elaborating on the steps required to shore up prices. Futures were little changed in New York after falling 8.1 percent last

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Business Headlines

©2016 Bloomberg View O21SJW6JTSEX (Bloomberg View) — It’s nice work if you can get it: In 2013, after stepping down as secretary of state, Hillary Clinton earned $9.7 million in speaking fees — a lot of it from banks and investment firms, including $675,000 for three speeches to Goldman Sachs.

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Business Headlines

©2016 Bloomberg News O1ZGD26KLVS6 (Bloomberg) — Student debt levels have have mushroomed, and Americans have saved little for retirement. The relationship between those two things is not obvious. So just how does having a big slug of student debt actually hurt the ability to prepare for a comfortable retirement? To

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Business Headlines

©2016 Bloomberg View O1ZRY26S972B (Bloomberg View) — Plunging oil prices and widening budget deficits have forced Saudi Arabia to look for new sources of revenue: The kingdom has dumped at least $100 billion of its foreign exchange reserves and is even considering selling part of the government-owned oil company Saudi

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Business Headlines

©2016 Bloomberg View O1Z5LV6KLVRT (Bloomberg View) — Yahoo!?? The last time Ilooked at Yahoo, in December, I calculated that the after-tax equity value of its actual businesses, outside of Alibaba and Yahoo Japan, was about $1.7 billion. It turns out that Yahoo was also looking at the value of its

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Business Headlines

©2016 Bloomberg News O1ZSAS6KLVRD (Bloomberg) — The dollar plunged by the most since the Federal Reserve announced the start of its Treasury bond-buying program seven years ago, as signs of a slowing U.S. economy helped derail bets on diverging policies between global central banks. The U.S. currency sank at least

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oil rig
Business Headlines

©2016 Bloomberg News O1Y4WE6K50Y9 (Bloomberg) — U.S. natural gas just fell below $2 per million British thermal units for the third time in three months and futures are at the lowest level for this time of year since 1999. For an idea of how long this rout will last, consider

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Business Headlines

©2016 Bloomberg News O1Y3RX6KLVRJ (Bloomberg) — Hillary Clinton tried to reassure Democrats she’s still best positioned to win in November after her razor- thin victory over Bernie Sanders in Iowa only served to boost the challenger’s fundraising and momentum heading into the New Hampshire primary. Facing the same anti-establishment voter

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