Ready for Another Round of Bush Tax Cuts?
©2015 Bloomberg News NUDZB36S972F (Bloomberg Politics) — Republican presidential candidate Jeb Bush would push for steep rate cuts for millions of Americans and reduce the corporate income tax rate by more than 40 percent in a bid for a simpler tax system and a plan to double economic growth in the
European Markets Take 2.5% Drop in China Stocks as Positive Sign
©2015 Bloomberg News NUBN7Q6KLVR4 (Bloomberg) — European stocks rose, U.S. futures climbed and the yen weakened as investors took solace that the resumption of trading in Chinese equities failed to spark a deeper selloff. All except two of the 19 industry groups in the Stoxx Europe 600 Index advanced as
Trump Phenomenon Is Nothing New in U.S. Politics: Stephen Mihm
©2015 Bloomberg View NUBIE36S972G (Bloomberg View) — Donald Trump’s eruption into the Republican presidential race has been held up as evidence of a new phenomenon in American politics. But it’s not. The real estate mogul has precedents, and there’s one historical doppelganger in particular whose bid for the presidency followed
Obama’s Labor Day Executive Order: Paid Sick Leave for Government Contractors
©2015 Bloomberg News NUBFX76S972B (Bloomberg Politics) — President Barack Obama signed his latest executive order on Labor Day, which extends the number of paid sick leave days mandated for federal contractors. “Right now you have parents who have to chose between losing income or staying home with a sick child,”
Accused Fraudster Spent His Money on Other Frauds: Matt Levine
©2015 Bloomberg View NU4BZH6S972C (Bloomberg View) — You can’t fool an honest man, but here’s how often you could apparently fool James Louks and his company FiberPoP Solutions: 22. In 2004, Defendants pursued funding through a transaction in which, in exchange for an advance fee of $200,000, FiberPoP was to receive at
FOR KIM DAVIS, Kentucky Clerk
My Jesus, my Savior Lord, there is none like You All of my days, I want to praise The wonders of Your mighty love My comfort, my shelter Tower of refuge and strength Let every breath, all that I am Never cease to worship You Shout to the Lord, all
Here’s Why Not to Worry About China (Too Much): William Pesek
©2015 Bloomberg View NU4FS26JTSEL (Bloomberg View) — This week’s holiday to commemorate the end of World War II couldn’t have come at a better time. For a global financial system traumatized by recent gyrations in China, the closure of mainland markets is a chance to take a breath and remember that the world
Donald Trump Tells Jeb Bush to Lead by ‘Speaking English in the United States’
©2015 Bloomberg News NU2HHU6JTSEI (Bloomberg Politics) — The war of words between Republican presidential candidates Donald Trump and Jeb Bush took another personal turn on Wednesday when Trump admonished his rival for not speaking English on the campaign trail. “I like Jeb,” Trump said in an interview with Brietbart News,
U.S. Stocks Rebound Amid Global Respite After Two-Day Selloff
©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
Affirmative-Action Lessons From India’s Castes: Noah Feldman
©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