
Oil Stems Decline in Bear Market as Volatility Climbs Second Day
©2015 Bloomberg News NRYZPN6K50XS (For Bloomberg fair value curves, see CFVL ) (Bloomberg) — Oil trimmed its losses in a bear market as trading volatility advanced to the highest in almost two weeks. Futures climbed as much as 1 percent in New York. West Texas Intermediate has slumped more than

Dollar Gains With S&P 500 Futures; Asia Stocks Swing, Kiwi Jumps
©2015 Bloomberg News NRX8RO6K50Y5 (Bloomberg) — The dollar hit a five-year high versus Asian emerging peers and U.S. equity-index futures climbed before data on jobless claims. Asian stocks swung between gains and losses, while New Zealand’s currency jumped after interest rates were cut. The greenback climbed 0.8 percent versus South

Inside Candidate Trump’s $110,000 Hollywood Pension Disclosure
©2015 Bloomberg News NRX43Z6TTDS7 (Bloomberg) — Deep inside the 92 pages of financial disclosures for Donald Trump’s presidential run is a $110,228 pension the real-estate mogul receives from the Screen Actors Guild. It may seem strange that a billionaire developer who moonlights as a reality-show host would collect a pension.

In Land of 43% Unemployment, Forgotten Gaza Crisis Rages On
©2015 Bloomberg News NRVZL66JTSEK (Bloomberg) — They roll by on flatbed trucks, 12-foot missiles bearing the names of Hamas commanders killed in an Israeli air strike: the Shamalah, the Attar. The scene is a parade through central Gaza City this month on the one-year anniversary of the most recent of

Gold Futures Extend Slide to Head for Longest Slump in 19 Years
©2015 Bloomberg News NRVBGQ6K50XW (Bloomberg) — Gold retreated for a 10th day in New York, headed for the longest losing streak since 1996 as Goldman Sachs Group Inc. predicted further declines. Futures for August delivery fell as much as 0.9 percent to $1,093.90 an ounce. Prices could fall below $1,000

Americans Heading Back to Work Drive at Record Pace Through May
©2015 Bloomberg News NRUYHN6K50Y7 (Bloomberg) — U.S. drivers put a record number of miles on their cars in May, helped by a growing economy and cheap gasoline. American motorists traveled 275.1 billion miles in May and have totaled 1.26 trillion so far this year, a record for the first five

Gold Futures Set for Longest Losing Run Since ’08 as Assets Drop
©2015 Bloomberg News NRTE7J6TTDS0 (Bloomberg) — Gold futures extended declines into a ninth day for the longest slump since the collapse of Lehman Brothers Holdings Inc. as holdings in the largest exchange-traded product backed by bullion tumbled to the lowest in almost seven years. Futures for August delivery on the

Oil Held Losses After Dropping Below $50 Amid Persistent Glut
©2015 Bloomberg News NRT6ID6K50XZ (For Bloomberg fair value curves, see CFVL ) (Bloomberg) — Oil held losses after dropping below $50 a barrel for the first time since April on signs a global glut that drove prices lower will persist and amid a broader rout in commodities. Futures were little

Two Women to Decide Future of Taiwan’s Relations With China
©2015 Bloomberg News NRTEEA6K50XT (Bloomberg) — The most harmonious period in China-Taiwan ties will be tested in the coming presidential election as a candidate from a pro-independence party leads the polls. While opposition leader Tsai Ing-wen has vowed to maintain cordial relations with Taiwan’s increasingly powerful former foe, her party

London’s Financial Job Vacancies Jump 56% in June, Survey Shows
©2015 Bloomberg News NRN08J6S972E (Bloomberg) — Job vacancies in London’s financial services industry jumped 56 percent in June, reversing a drop in the previous month, led by compliance hiring, a survey showed. Vacancies in the capital’s financial district increased to 12,990 from 8,340 in May, recruitment firm Morgan McKinley said