Terrorism Dominates Republican Debate But So Do Personal Attacks
©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
Dollar Set for Best Gains in Six Weeks as Traders Weigh Fed Pace
©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
Oil Slides Under $35 as Glut Worsens While Fed Sinks Commodities
©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
Federal Reserve Rate Hike: Who Wins, Who Loses, Who Goes Meh
©2015 Bloomberg News NZGZIHSYF01S (Bloomberg) — Janet Yellen and the Federal Open Market Committee have finally taken the world’s biggest economy off life support. Now, U.S. government deficits will rise, insurance companies will get relief and savers — who’ve weathered years of earning next to nothing — will continue to
Dollar Gains for Sixth Day as Merciful Fed Recharges Bulls
©2015 Bloomberg News NZHA9Q6TTDS2 (Bloomberg) — With no harsh surprises out of the Federal Reserve, currency traders are back on 2015’s favorite trade: buy dollars. A gauge of the greenback climbed for a sixth day on Thursday, a day after a unanimous vote by the Federal Open Market Committee to
Federal Reserve Wants a World That Makes Sense Again: Noah Smith
©2015 Bloomberg View NZH1FX6JTSEF (Bloomberg View) — Well, the Federal Reserve has finally gone and done it. It raised short-term rates by 25 basis points, and Fed officials predicted four more similar hikes next year. That will bring rates to a range of 1.25 percent to 1.5 percent. The era
Ted Cruz’s Presidential Odds Are Snowballing: Jonathan Bernstein
©2015 Bloomberg View NZ76936S972C (Bloomberg View) — The Ted Cruz boomlet is thriving. Numerous pundits are weighing nomination fights that come down to Cruz and Marco Rubio, or to Cruz, Rubio and Donald Trump. And Cruz has moved up to second place, behind Rubio, in PreditIt’s prediction market. Cruz is
Solar, Wind Shares Jump as U.S. Nears Deal on Tax Credits
©2015 Bloomberg News NZF50L6S972C (Bloomberg) — Shares of U.S. clean-energy companies jumped Tuesday as Congress neared a deal that would revive or extend tax credits for the wind and solar industries. SunEdison Inc., the world’s biggest renewable-energy developer, rose 13 percent at the close in New York while rooftop solar
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
