U.S. Futures Signal More Losses With Markets Bruised by Selloff
©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
Iron Ore Price Seen Back Below $50 as Australia Expands Supply
©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
Oil Trims Gain After Biggest 2-Day Rise Since 2009 as Rigs Climb
©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.
U.S. Stock-Index Futures Slide With Volatility Set to Continue
©2015 Bloomberg News NTX2HM6JIJUU (Bloomberg) — U.S. stock-index futures fell in early trading with the turmoil seen in August set to continue on the final day of the month. E-mini contracts on the Standard & Poor’s 500 Index lost 1.1 percent to 1,967.50 as of 7:28 a.m. in Tokyo. Futures
A-10 the Pentagon Wants to Retire Will Get Fly-Off Against F-35
©2015 Bloomberg News NTRDZG6TTDS6 (Bloomberg) — Opponents of U.S. Air Force efforts to retire its A-10 have said the 40-year-old close-air support plane can outperform the Pentagon’s most advanced aircraft. It turns out the lumbering old plane, nicknamed the Warthog, will get a chance to prove it. The Air Force’s
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