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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg View NPZO826S972P (Bloomberg View) — I decided to bring back my old “Ask the Blogger” personal finance feature for today, so readers can ask questions and your humble columnist can answer them. I’m vested in the Kansas Public Employees Retirement System, with 18 years of service. I’m in

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Business Headlines

©2015 Bloomberg News NQ4E536TTDS0 (Bloomberg) — When gold and silver were languishing, precious-metals investors were betting palladium would soar as record car sales boosted demand for catalytic converters. Turns out, there’s more of the metal around with recycled palladium from junked vehicles and rising mine output. For a third straight

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Business Headlines

©2015 Bloomberg News NQ24D46JIJUU (Bloomberg) — Oil advanced for the first time in four days amid speculation that U.S. crude stockpiles will decline further, easing a supply surplus. Inventories probably shrank for a seventh week as refiners processed more crude to meet increased fuel consumption in the summer, according to

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Business Headlines

©2015 Bloomberg View NQ0BR36KLVR9 (Bloomberg View) — And so begins “Dynasty: Politics Edition,” as the establishment candidates of 2016 reset their campaigns: Hillary Clinton did so on Saturday, with a tribute to her mom on New York’s Roosevelt Island, and Jeb Bush showed off his makeover at Miami Dade College

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Business Headlines

©2015 Bloomberg News NQ258MSYF01X (Bloomberg) — The longest drumroll in the 102-year history of the Federal Reserve precedes its next interest-rate increase. That doesn’t mean some of its effects won’t be surprising. “This is a major inflection point,” said Erik Davidson, chief investment officer for Wells Fargo & Co.’s private

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Business Headlines

©2015 Bloomberg News NQ0E7C6K50Y3 (Bloomberg) — Royal Dutch Shell Plc received U.S. approval to disturb marine mammals as part of its plan to resume oil exploration off Alaska’s Arctic coast. The National Oceanic and Atmospheric Administration issued an “incidental harassment authorization,” which allows noise from air guns, icebreaking, drilling and

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Business Headlines

©2015 Bloomberg News NPXXMM6K50XS (Bloomberg) — Global equity markets are waking up to a new $558 billion magnet pulling cash out of developing nations from Russia to Malaysia. As Saudi Arabia lifts a ban on direct investments by foreigners, fund allocators are preparing to shift money out of other countries

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Business Headlines

©2015 Bloomberg News NQ07LM6KLVR7 (Bloomberg) — A rice glut that sent prices slumping more than a year ago is shrinking, just as El Nino arrives to parch paddies across Asia. Global inventories were already heading for an eight-year low, including stockpiles so spoiled that top exporter Thailand may sell most

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Business Headlines

©2015 Bloomberg News NPYNTK6JTSEF (Bloomberg) — Asian stocks fell with U.S. index futures, and the euro weakened, after talks between Greece and its creditors broke down without a deal on bailout aid. Treasuries advanced, while crude oil extended losses with wheat. The MSCI Asia Pacific Index slipped 0.5 percent by

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Business Headlines

©2015 Bloomberg News NPYE0R6JTSE9 (Bloomberg Politics) — Hillary Clinton suggested Sunday that discontent within the Democratic Party over the potential Trans-Pacific Partnership trade deal should lead President Barack Obama to drive a harder bargain. “Let’s take the lemons and turn it into lemonade,” said Clinton, the front-runner for the Democratic presidential nomination, at a campaign

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