How the Top Republican Candidates Would Combat the Islamic State
©2015 Bloomberg News NXXHT86S9738 (Bloomberg) — In the days since Friday’s coordinated terrorist attacks in Paris, the Republican presidential candidates have stepped up their criticism of the Obama administration’s strategy to counter the rise of Islamic State fighters. The top 5 GOP candidates in terms of polling averages have advocated differing strategies
Oil Trades Near 2-Month Low as Glut Outweighs Paris Attack
©2015 Bloomberg News NXVYG36K50XS (Bloomberg) — Oil traded near the lowest close in more than two months as a global glut countered heightened geopolitical tension after France bombed Syria following terrorist attacks in Paris. Futures were little changed in New York after slumping 8 percent last week, the most since
Recession Ignored by Japan Investors as Profits Drive Rally
©2015 Bloomberg News NXVW5R6JIJU (Bloomberg) — If Japan’s economy is in trouble, you wouldn’t know it from the stock market. In what’s shaping up to be a pretty forgettable year for global equity investors, Prime Minister Shinzo Abe’s Japan is one of the few places providing double-digit returns that are
Treasuries Rise as Paris Attacks Drive Demand for Safest Assets
©2015 Bloomberg News NXVSJ66K50XW (Bloomberg) — Treasuries rose as investors sought the safest securities following the shootings and bombings in Paris. U.S. equity index futures declined, with contracts on the Standard & Poor’s 500 Index dropping 0.5 percent, after Europe’s worst terror incident in more than a decade left at
The Tricky Politics of Hillary Clinton’s Plan to Modernize Coal Country
©2015 Bloomberg News NXQAFW6JTSE9 (Bloomberg) — With Hillary Clinton’s announcement Thursday of a $30 billion plan to build infrastructure in coal country, the Democratic front-runner is directly confronting an issue that others in her party have preferred to avoid. Clinton’s proposal to fund education, entrepreneurship, broadband access, and clean energy production
Oil Extends Drop From 2-Month Low as U.S. Stockpiles Expand Glut
©2015 Bloomberg View NXQE486K50Y7 (Bloomberg) — Oil extended a decline from the lowest close since August as U.S. stockpiles increased more than analysts forecast, exacerbating a global glut. Futures lost as much as 0.9 percent in New York and were down 6.4 percent for the week. Inventories rose by 4.22
Under Attack, DraftKings Said to Ask Partners to Pull Back
©2015 Bloomberg News NXQI976S972B (Bloomberg) — As part of a massive advertising blitz that eventually drew regulators’ attention, daily fantasy sports operators spent money on signs, lounges and Jumbotron ads in major league arenas. Now facing legal challenges in several states, at least one of the biggest daily fantasy sites
Dollar Retreat Deepens While Oil Slump Hits Asian Energy Stocks
©2015 Bloomberg News NXOGLE6K50XY (Bloomberg) — The greenback encountered more headwinds, while energy companies drove Asian stocks lower as investors mulled oil’s slump to a two-month low and the prospect of more divergence in global central bank policy. The euro made some inroads, climbing for a second day as the
In Cocaine-to-Chocolate Shift, Market Forces Lend a Helping Hand
©2015 Bloomberg News NXODN16K50Y6 (Bloomberg) — It was the murder — execution-style, in broad daylight — of a friend and fellow farmer in the Colombian countryside that prompted German Sanchez to finally heed government calls to get out of the cocaine trade and plant cocoa instead. Six years later, market
Hurt Feelings, Unsafe Spaces and Other Israeli Crimes: Eli Lake
©2015 Bloomberg View NXOAYN6JTSEA (Bloomberg View) — It’s official: Thanks to Benjamin Netanyahu, the Center for American Progress is no longer a safe space for progressives. At least this is the considered opinion of about a dozen of the liberal think tank’s staff members who endorsed a 13- paragraph statement expressing how