©2015 Bloomberg News NU2I8S6KLVRX (Bloomberg) — U.S. stocks rallied, after the Standard & Poor’s 500 Index posted one of its steepest drops this year, amid a respite from a global equities selloff. After pacing the rout yesterday, technology shares led the rebound as Apple Inc. and Microsoft Corp. rose more

©2015 Bloomberg View NU2HIC6KLVRH (Bloomberg View) — Think affirmative action is controversial in the U.S.? The American debate is nothing compared with the fight over caste-based preferences in India, where police smashed heads in the aftermath of last week’s 500,000 strong anti-preference rally in Gujarat. In both countries, the debate

©2015 Bloomberg News NU0QVU6KLVR6 (Bloomberg) — For six years, some Republicans in Washington have urged President Barack Obama to take a hike. On Tuesday he obliged them. The president began his second day in Alaska with a trek through the Kenai Fjords National Park and the Exit Glacier, a four-mile

©2015 Bloomberg View NU0QG96JTSEC (Bloomberg View) — It turns out investors were right about Alibaba: No company is more on the front lines of China’s economic shifts than Jack Ma’s juggernaut. And that’s just where the problems begin. Alibaba’s shares slide with each new report of middle-class Chinese who are

©2015 Bloomberg View NU0PFM6JTSEI (Bloomberg View) — What’s so special about religion? When it comes to exemptions from general laws, whether regulating gay marriage or contraception, no question is more important — or more complicated. The federal district court in Washington answered that question Monday by saying religion is nothing

©2015 Bloomberg View NTYQEQ6KLVRB (Bloomberg View) — Just as everyone decided Donald Trump would lead the Republican presidential polls for the next several months, Ben Carson tied him for the lead in an Iowa survey released Monday. No, Carson probably isn’t actually leading in Iowa. A Bloomberg poll released over the

©2015 Bloomberg View NTYRPF6JTSEE (Bloomberg View) — Lori Rodriguez wants her guns. The city of San Jose wants to keep its citizens safe. The conflict between them, now in federal court, is in many ways the crux of gun politics in the U.S. In January 2013, police responded to a

©2015 Bloomberg News NTYZL76JTSEC (Bloomberg) — U.S. index futures fell, while contracts on Asian stocks were mixed as markets straggled into September following the worst month for global equities in more than three years. Oil retreated after surging the most since 1990 over the past three days. Fresh from one

©2015 Bloomberg News NTX7YY6TTDS0 (Bloomberg) — Iron ore is holding above $50. Just don’t bet on it lasting. Ever-expanding supplies from the world’s largest producers mean prices will fall through the end of the year, according to Capital Economics Ltd. The London-based research firm joins banks including Goldman Sachs Group

©2015 Bloomberg News NTX4F36TTDS1 (Bloomberg) — Oil halted its advance after the biggest two-day gain since 2009 as U.S. drilling activity sustained its increase. Futures slid as much as 1.4 percent in New York, dropping for the first time in three days. The number of active rigs in the U.S.