Top U.S. Lawmakers Agree on Spending, Tax Plan to Avoid Shutdown
©2015 Bloomberg News NZF7PQ6KLVRB (Bloomberg) — Congressional leaders reached a tentative deal on measures to fund the U.S. government and make some expired tax provisions permanent, a top House Republican said Tuesday in Washington. Rules Committee Chairman Pete Sessions said the agreement on the two bills will be presented to rank-and-file
Dollar Weakens as 2015 Gains Set Up Chance for Post-Fed Selloff
©2015 Bloomberg News NZDNL16TTDSD (Bloomberg) — A gauge of the dollar fell for the first time in four days on speculation the greenback’s gains this year leave it vulnerable to a short-term selloff as investors prepared for the Federal Reserve to raise interest rates. The U.S. currency weakened against 12 of
Oil Trades Near $36 as U.S. Moves Toward Lifting of Export Ban
©2015 Bloomberg News NZDQ2V6TTDS4 (Bloomberg) — Oil held gains after rebounding from the lowest price since February 2009 as the U.S. Congress advanced on a deal to allow unfettered crude exports for the first time in 40 years. Futures were little changed in New York after rising 1.9 percent Monday, the
Emerging Stocks Advance Before Fed as Dollar Drops; Gold Gains
©2015 Bloomberg News NZDQXI6TTDS6 (Bloomberg) — Emerging-market stocks climbed for the first time in 10 days and the dollar weakened as investors awaited what will probably be the first Federal Reserve interest-rate hike in almost a decade this week. Gold advanced. The MSCI Emerging Markets Index rebounded from a six-year
‘Airpocalypse’ Is an Opportunity for China and India: Editorial
©2015 Bloomberg View NZBH476JTSEJ (Bloomberg View) — Even as negotiators were completing a new global accord on climate change last week, a lung-burning haze choked two major world capitals, infuriating residents and reigniting debate about the costs of headlong development. As China and India rush to clean their cities’ hazardous air, they can
Rand Paul on Main Debate Stage After Poll Movement, CNN Says
©2015 Bloomberg News NZBF3P6KLVR4 (Bloomberg) — U.S. Senator Rand Paul of Kentucky will be on the prime-time stage for the next Republican presidential debate on Dec. 15, sponsor CNN announced Sunday. Donald Trump, who’s spent much of the primary race atop polls of the party’s crowded 2016 field, will again
The Five Key Decisions Made in the UN Climate Deal in Paris
©2015 Bloomberg News NZAZEWSYF01T (Bloomberg) — Envoys to the United Nations climate talks handed down a 31-page document on Saturday outlining their boldest steps yet to rein in global warming. Here are the key points of the text, along with comment on why the decisions made in Paris matter: TEMPERATURE
When Will Iowa Republicans Make Up Their Minds?
©2015 Bloomberg News NYZXDV6JTSEC (Bloomberg) — Every four years, Iowans are given the task of assessing a larger presidential field than any of the states that follow the first-in-the-nation caucuses. In 2016, their job is even more difficult, with 14 Republican candidates—the largest field on record—actively seeking their party’s nomination. How
*Hillary Clinton: Donald Trump Is No Longer Funny
©2015 Bloomberg News NZ69A16S9729 (Bloomberg) — Hillary Clinton spent months laughing at Donald Trump’s presidential campaign but said Thursday that he’s crossed the line with his plans to bar Muslims from entering the United States. “I no longer think he’s funny,” the Democratic front-runner said during an interview with NBC’s
Oil Heads for Worst Week Since March as OPEC Seen Fueling Glut
©2015 Bloomberg News NZ6AHO6JTSEB (Bloomberg) — Oil headed for the biggest weekly decline since March amid speculation OPEC’s decision to effectively scrap production targets will keep the market oversupplied. Futures fell as much as 0.9 percent in New York and have dropped 8.8 percent this week. Prices are down for
