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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NW6ODW6KLVS4 (Bloomberg) — The dollar strengthened for a second day as a decline in oil prices and concerns about an economic slowdown in China spurred demand for safer assets. The greenback gained against most of its 16 major peers on Tuesday after data showed Chinese imports declined

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Business Headlines

©2015 Bloomberg News NW6RT86KLVRN (Bloomberg) — The first Democratic presidential debate on Tuesday erupted into an argument over the nature of capitalism, with Senator Bernie Sanders doubling down on his critique of its excesses and front-runner Hillary Clinton declaring that it was time to “save capitalism from itself.” Sanders said the 2016

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Business Headlines

©2015 Bloomberg News NW4Q0Q6JTSES (Bloomberg) — The dollar traded at a three-week low even after Federal Reserve officials continued to back the case for higher interest rates this year, spurring gains in emerging- market assets. U.S. stocks held at their highest level in seven weeks in light holiday trading. The greenback

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Business Headlines

©2015 Bloomberg News NW4NS26S972H (Bloomberg) — Jeb Bush, like other Republican presidential candidates, is vowing to repeal Obamacare, while making healthcare more innovative and affordable. Bush’s health care plan, outlined Monday in a two-page document, is light on details of how he’d change a system that accounts for about 18

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Business Headlines

©2015 Bloomberg View NW4JMU6JTSED (Bloomberg View) — There’s a question that won’t be asked in Tuesday night’s Democratic presidential “debate” — it’s never asked — but we’d all be better served should the moderator offer it up. If and when the stage gets small enough, the same challenge could be

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Business HeadlinesYour Money

©2015 Bloomberg News NV4PIR6KLVRQ (Bloomberg) — Gaeton Della Penna met many of his clients through his church. The Sarasota, Florida, financial adviser took their $3.8 million and promised safe investments with returns of at least 5 percent a year. Instead, in May 2014, the U.S. Securities and Exchange Commission charged him with using some of the money on

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Business Headlines

©2015 Bloomberg News NW2VS56KLVR5 (Bloomberg) — Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose as much as 0.5 percent in New York after advancing 9 percent last week. Demand will grow and non-OPEC supply is due to contract,

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Business Headlines

©2015 Bloomberg News NW33BX6JTSEB (Bloomberg) — Asian stocks rose after posting their steepest weekly advance since December 2011, with technology and industrial shares leading gains. The MSCI Asia Pacific Excluding Japan Index climbed 0.2 percent to 425.16 as of 9:32 a.m. in Hong Kong, with Tokyo markets closed for a

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Business HeadlinesYour Money

©2015 Bloomberg News NVXE1Y6KLVRE (Bloomberg) — It’s the rally that just keeps on giving. Asian index futures foreshadowed another day of gains for the region’s stocks, with global equities on track for their best week since 2012 amid a bounce back in oil. No such luck for the dollar, which

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Business Headlines

©2015 Bloomberg News NVXDAX6JTSE9 (Bloomberg) — Soon, Starbucks lattes and KFC fried chicken will just be a tap away with Apple Pay. Apple Inc. is rolling out its mobile-payments service for select Starbucks Corp. stores by the end of the year, and will reach 7,500 company-owned stores in 2016, the

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