©2015 Bloomberg News NZS1N66VDKHT (Bloomberg) — If oil’s slump to an 11-year low stung traders, it’s just a taste of the hardship felt by the industry. Brent’s plunge to $35.98 a barrel on Tuesday, its weakest intraday level since 2004, was probably painful enough for any remaining oil bulls. But that

©2015 Bloomberg News NZSEL06KLVRB (Bloomberg) — Consumer purchases climbed in November by the most in three months, indicating the biggest part of the U.S. economy was gaining momentum heading into the holiday shopping season. Spending advanced 0.3 percent, matching the median forecast in a Bloomberg survey, to $12.43 trillion at

©2015 Bloomberg View NZS2WE6JTSED (Bloomberg View) — With almost six weeks until the Iowa caucuses and seven weeks to the New Hampshire primary, there’s still time for big changes. But here’s how the Republican contest looks right now, based on my reading of the odds currently posted at PredictIt, the

©2015 Bloomberg News NZQOCU6TTDS5 (Bloomberg) — A gauge of the dollar was set to drop in December by the most in eight months as investors bet the Federal Reserve will wait until at least April to raise interest rates again after last week’s first increase in almost a decade. The

©2015 Bloomberg View NZQCL96JTSE8 (Bloomberg View) — Reviewing the year at the U.S. Supreme Court, there’s no question that the outstanding historic moment was June’s decision in Obergefell v. Hodges, in which the court recognized — or, if you prefer, invented — a right to gay marriage. There was nothing

©2015 Bloomberg News NZQOLR6KLVR7 (Bloomberg) — The largest exchange-traded fund tracking Russian stocks fell for a third day as the lowest oil price in 11 years and the weakest ruble on record dimmed the prospects for a recovery in the world’s biggest energy exporter’s economy. The Market Vectors Russia ETF

©2015 Bloomberg News NZO0YY6KLVR4 (Bloomberg) — Every two weeks, Jeff Bezos holds an hour- long conference call with executives at the Washington Post. Twice a year, the managers fly to Seattle for day-long strategy sessions with the Amazon.com Inc. founder. And every so often, they find a reader complaint in

©2015 Bloomberg News NZFLJX6KLVR6 (Bloomberg) — Republican presidential candidate Donald Trump joined President Barack Obama and Democratic front-runner Hillary Clinton as targets of fierce attacks Tuesday at a televised debate dominated by concerns over terrorism and sharp- tongued skirmishing among candidates trying to break out of the middle of the pack. The meeting

©2015 Bloomberg News NZJ2E56K50Y1 (Bloomberg) — A gauge of the dollar held a six-day climb, heading for its best week since the start of November, as traders nudged forward expectations for the next Federal Reserve interest- rate increase. The greenback strengthened against 14 of 16 major peers this week as

©2015 Bloomberg News NZJ9AJ6S972B (Bloomberg) — Oil traded below $35 a barrel and headed for a third weekly decline amid a worsening U.S. supply glut and the first interest rate increase by the Federal Reserve in almost a decade. Futures held losses in New York after closing Thursday at the lowest