
Commodities Slump Bolsters Treasuries as Emerging Markets Roiled
©2015 Bloomberg News NT8XNB6JTSEF (Bloomberg) — A renewed slump in commodities damped inflation expectations and boosted demand for Treasuries, while China’s shock devaluation of its currency continued to unsettle emerging markets. The Bloomberg Commodity Index sank to a 13-year low as declines in assets from copper to oil boosted the

Reality Check: 4 Reasons Trump’s Immigration Plans Are Impractical
©2015 Bloomberg News NT8XQ86JTSE9 (Bloomberg Politics) — Donald Trump’s sprawling new immigration proposal calls for deporting the estimated 11 million people in the U.S. illegally and closes many doors to legal immigration. The plan, released Sunday, was quickly embraced by immigration-wary Republicans—Ann Coulter called it the “greatest political document since

Roots of the Jewish Power Struggle Roiling Israel: Noah Feldman
©2015 Bloomberg View NT1DAI6JTSEA (Bloomberg View) — Should the Jews have a pope? For most of the last 2,000 years, the answer has been “no.” Rabbinic authority has been decentralized, with each community choosing its own religious leaders to follow. But now Israel’s Chief Rabbinate is seeking to monopolize and

Happy 80th Birthday, Social Security. Your Gift? My Plan Not to Need You (So Much)
©2015 Bloomberg News NT1S1H6KLVR4 (Bloomberg Business) — It’s Social Security’s 80th birthday, and while news about the program’s financial status is rarely happy, most Americans are very thankful it still exists. Women and lower-earning workers in general rely particularly heavily on the program for income in their old age. But

Oil Heads for Seventh Weekly Drop as Global Glut Seen Persisting
©2015 Bloomberg News NT1WIG6TTDS0 (For Bloomberg fair value curves, see CFVL ) (Bloomberg) — Oil headed for the longest run of weekly declines since January amid signs the global glut that’s driven prices to the lowest in six years will be prolonged. Futures were little changed in New York, down

*Muslim Scholars Prepare Call for Action on Climate Change
©2015 Bloomberg News NSZAIS6VDKHU (Bloomberg) — Islamic scholars and religious leaders are preparing a call for action on climate change that will say it’s the religious duty of the world’s 1.6 billion Muslims to fight global warming. The declaration will be made in Istanbul next Tuesday during a two-day meeting

After 70 Years, Japan Still Needs to Say It’s Sorry: Editorial
©2015 Bloomberg View NSZRSQ6KLVR8 (Bloomberg View) — Japanese Prime Minister Shinzo Abe has said that when he commemorates the 70th anniversary of the end of World War II on Friday, he’d rather focus on the future than repeat the apologies of the past. That may sound reasonable to some ears.

Dollar Dials Back as Yuan Crimps Rate Bets; Japan Stocks Retreat
©2015 Bloomberg News NSZW976KLVR7 (Bloomberg) — The dollar remained on the back foot, sliding versus Korea’s won as investors cut bets on higher U.S. interest rates after China’s shock devaluation. The yuan rose in offshore trading, while Japanese stocks extended losses. The greenback traded near its weakest level this month

The Top Questions Facing Alphabet, the New Google Conglomerate
©2015 Bloomberg News NSXTEP6S972A (Bloomberg Business) — As Google Inc. reorganizes into Alphabet Inc., the conglomerate has promised a new era of transparency. Now, investors and analysts are working on wish lists of the kind of information they want to see from the Web company. Chief Executive Officer Larry Page said

South Sudan Sees No Agreement on Peace Before Aug. 17 Deadline
©2015 Bloomberg News NSXOT46K50XX (Bloomberg) — South Sudan’s warring factions haven’t made progress on a peace deal and it seems likely that no breakthrough will be reached by the Aug. 17 deadline, Information Minister Michael Makuei Lueth said. “None of the outstanding issues that were left pending in other negotiations