Bloomberg Business: Can Huckabee Woo ‘Fifty Shades’ Evangelicals?: Margaret Carlson
Copyright 2015 Bloomberg. NKWQQV6S9728 (Bloomberg View) — Presidential hopefuls Jeb Bush, Scott Walker and Chris Christie are working the Republican big-money circuit of Palm Beach, the Upper East Side of Manhattan and Aspen. In Jeb’s case, it’s going so well that last week he sent word to the deep-pocketed to
Bloomberg Business: The Real Reason Brokers Oppose a Fiduciary Standard: Paula Dwyer
Copyright 2015 Bloomberg. NKFIO26S972J (Bloomberg View) — Wall Street is wasting no time revving up its lobbying machine now that President Barack Obama has said his administration soon will propose a rule to require brokers to act as fiduciaries when advising clients on their retirement savings. Asking brokers to put clients’
Bloomberg Business: Nuclear Talks Not Tied to a Grand Bargain With Iran, Kerry Says
Copyright 2015 Bloomberg. Terry Atlas (Bloomberg) — Secretary of State John Kerry, seeking to counter a wave of anxiety among Persian Gulf allies, said a potential nuclear deal with Iran isn’t part of a “grand bargain” to improve U.S. relations with the Islamic Republic. Kerry met Thursday in Riyadh with Saudi
Bloomberg Business: Oil Heads for Weekly Gain Amid Lowest Volatility Since December
Copyright 2015 Bloomberg. NKRPWN6JIJVI (Bloomberg) — Oil headed for the first weekly gain in three weeks amid the lowest trading volatility since December. Futures advanced as much as 0.8 percent in New York and are poised for a 2.8 percent gain through March 6. The CBOE Crude Oil Volatility Index,
Bloomberg Business: Oil Climbs a Third Day Amid Signs of Slowing U.S. Supply Growth
Copyright 2015 Bloomberg. NKPXMM6TTDS3 (Bloomberg) — Oil climbed for a third day amid signs that supply growth at the biggest storage hub for crude in the U.S. may be slowing at a time when demand is improving. Futures advanced as much as 0.7 percent in New York. Stockpiles at Cushing, Oklahoma,
Bloomberg Business: Obama Sets Monday Deadline for Appealing Immigration Order
Copyright 2015 Bloomberg. NKPYNQ6JTSEO (Bloomberg) — The Obama administration said it will appeal a federal judge’s order blocking a controversial immigration program if he doesn’t lift it by Monday. The White House told U.S. District Judge Andrew Hanen in Brownsville, Texas, of the new deadline in an advisory filed Wednesday after
Bloomberg Business: Aging Australia Faces Growth Slowdown, Government Report Finds
Copyright 2015 Bloomberg. NKPSU26KLVRO (Bloomberg) — Australia faces slowing growth, declining living standards and dwindling productivity without changes to ensure higher workforce participation, according to a report released by the government today. Gross domestic product is forecast to grow at an average 2.8 percent a year in the four decades to
Bloomberg Business: Industrial Metals Rebound Before U.S. Jobs Data, China Outlook
Copyright 2015 Bloomberg. NKO1666K50Y3 (Bloomberg) — Copper rebounded from the biggest drop in two weeks and zinc rose from the lowest in almost 10 months as investors look ahead to jobs data from the U.S. and growth targets from China, the world’s two biggest metals consumers. The U.S. added 219,000
Bloomberg Business: Pennsylvania Governor Calls for $3 Billion Bond for Pensions
Copyright 2015 Bloomberg. NKNQLT6JIJUU (Bloomberg) — Pennsylvania Governor Tom Wolf called for selling $3 billion of bonds to bolster the state’s public- employee retirement system as part of his first budget. Wolf, a Democrat who took office in January, said Tuesday that Pennsylvania should also boost the profits of the state-run
Bloomberg Business: House Passes Homeland Security Funds to Avoid Closure
Copyright 2015 Bloomberg. NKO0TM6JTSEE (Bloomberg) — Congress ended a showdown linking Homeland Security Department spending and immigration policy as House Speaker John Boehner defied hard-line Republicans and let the chamber vote to fund the agency through September. The House passed the measure 257-167 after the Ohio Republican capitulated to Democratic
