©2015 Bloomberg News NP1G6B6K50Y0 (Bloomberg) — Oil pared its biggest three-day decline since March before U.S. government data forecast to show crude stockpiles shrank for a fourth week. Futures gained as much as 0.6 percent in New York. Crude inventories probably dropped by 2 million barrels through May 22, a

©2015 Bloomberg News NP1DFA6S972A (Bloomberg) — The best way to make money in China’s booming stock market has been, well, to do nothing. Simply buying and holding would have captured the 142 percent return in the Shanghai Composite Index over the past year, the best performance among 23 trading models

©2015 Bloomberg News NOYE0L6JTSE8 (Bloomberg) — Israeli Prime Minister Benjamin Netanyahu has proposed restarting peace talks with the Palestinians by defining the borders of West Bank territory Israel would keep in a final deal. Palestinians dismissed the offer, presented by Netanyahu as an attempt to eliminate future disputes over settlement

©2015 Bloomberg News NOZ71S6K50Y4 (Bloomberg) — The dollar jumped to an almost eight-year high against the yen as economic reports suggested the U.S. is getting back on track after a slow first quarter. The U.S. currency strengthened versus all 16 of its major peers after orders for capital equipment rose

©2015 Bloomberg News NOWQBZ6TTDS0 (Bloomberg) — After 17 months of civil war spanning a swathe of South Sudan bigger than Syria, President Salva Kiir’s survival may hinge on the fate of a single South Sudan oil field. Paloch in Upper Nile state, the only region still pumping crude in a

©2015 Bloomberg News NOZAND6K50Y8 (Bloomberg) — Identity thieves stole information on 104,000 U.S. taxpayers from the IRS website and used the data to file fake tax returns that yielded as much as $50 million in refunds, agency Commissioner John Koskinen said. The thieves had enough personal information on the taxpayers

©2015 Bloomberg News NOQX4E6S972C (Bloomberg Business) — If you are one of the lucky new grads switching from full-time student to full-time employee this graduation season, congratulations. You have made a significant investment in yourself, and you are seeing it pay off. You may have already mentally spent your first paycheck,

©2015 Bloomberg News NOXJJP6KLVR6 (Bloomberg Politics) — Of late, the U.S. Supreme Court has become a regular target for the current crop of presidential candidates, but for two decidedly different issues. For Republicans still burned by the court’s 2012 ruling that let stand insurance mandates and penalties under the Affordable Care

©2015 Bloomberg News NORU0OSYF01T (Bloomberg) — This just in: Texas pensions will, in fact, mess with felons. Last May the $26.2 billion Employee Retirement System of Texas responded to Credit Suisse Group AG’s guilty plea for tax fraud by saying that it had “a policy against hiring firms convicted of

©2015 Bloomberg News NOVWV76JIJUO (Bloomberg) — The dollar has regained its footing after a five-week wobble. The U.S. currency strengthened further Monday after completing its biggest weekly gain since September 2011 as data signaled the economy is starting to recover from a tepid first quarter. Core consumer prices rose at