How to Be Richer in Retirement Without Saving More Money
©2015 Bloomberg News NTQY1J6JTSED (Bloomberg Business) — Would you rather lose 15 pounds or have your 401(k) balance rise 15 percent this year? Most people chose the latter in a recent nationwide survey of 1,000 401(k) plan participants. What those people might not fully realize is the financial payoff from losing those
Islamic State Fight Has Given Jordan New Life: Tobin Harshaw
©2015 Bloomberg View NTQV4H6KLVRB (Bloomberg View) — While much has been made of how the war against Islamic State gives Iran a chance to increase its influence across the Middle East, another country has already parlayed the violence into tangible gains: Jordan. Just a decade ago, the tiny, oil-poor Hashemite kingdom
China Doesn’t Look That Bad Compared to Other Market Meltdowns
©2015 Bloomberg News NTPN666S9728 (Bloomberg Business) — Losing $5 trillion in China’s equity-market rout in just two months is bad. But measured by the intensity of the price swings, the selloff still fails to stand out among past market meltdowns. China has the world’s most volatile stocks right now after Greece,
Microsoft Windows 10 on 75 Million Devices in First Month
©2015 Bloomberg News NTPHWX6K50XX (Bloomberg) — Microsoft Corp.’s Windows 10 has reached more than 75 million devices in almost a month since the operating system was released, according to Yusuf Mehdi, the company’s marketing chief for Windows and devices. More than 90,000 personal-computer and tablet models have upgraded to the
Here’s A Bush Who Can Promote His Handling of Hurricanes
©2015 Bloomberg News NTPKTB6KLVRD (Bloomberg Politics) — Republican presidential candidate Jeb Bush has spent much of his campaign so far trying to prove that he’s not riding the coattails of his brother and father. To distinguish himself from the two former presidents, he’s emphasized his immersion in Latino life—his marriage to
Arkansas Capitol Sends Mixed Religious Messages: Noah Feldman
©2015 Bloomberg View Noah Feldman (Bloomberg View) — Arkansas, which is poised to erect a new Ten Commandments monument on the grounds of its state capitol, has just rejected a request by a Hindu group to erect a statue of the god Hanuman there. Constitutionally, the rejection is permissible: The
Panicking Investors Need a Timeout on China: William Pesek
©2015 Bloomberg View William Pesek (Bloomberg View) — On the way to remaking China’s economy, President Xi Jinping has hit many roadblocks: vested interests, a change-averse Communist Party, local officials accustomed to the status quo. Who knew the real barrier would be foreign investors? For years, the world has called
Stop Checking on Your Netflix Stock Every Minute: Justin Fox
©2015 Bloomberg View NTNS866KLVR9 (Bloomberg View) — Last Friday, the closing price of a share of Netflix was $103.96. Today, it was $101.52. That makes it sound like it’s been a pretty uneventful couple of days for everybody’s favorite purveyor of animated- talking-horse humor, Washington drama and prison humor/drama. It
Facebook ‘Spam King’ Guilty for Sending 27 Million Messages
©2015 Bloomberg News NTM8GW6VDKHW (Bloomberg) — A Las Vegas man pleaded guilty to sending more than 27 million unsolicited messages through Facebook Inc. servers after gaining access to about 500,000 accounts on the social network, according to prosecutors. Sanford Wallace, 47, known as the “Spam King,” admitted to his mass
China Stocks Extend Biggest Plunge Since 2007 on Support Doubts
©2015 Bloomberg News NTM8W16K50XW (Bloomberg) — Chinese stocks slumped for a fourth day, extending the steepest rout since 2007, on concern the government is paring back support for the market. The Shanghai Composite Index tumbled 4.5 percent to 3,065.25 at 10 a.m. local time, heading for the lowest close in