Top House GOP Tax Writer Commits to Trump’s 10% Middle-Class Cut
published Oct 23, 2018, 4:18:58 PM, by Erik Wasson and Laura Davison (Bloomberg) — The chairman of the House tax-writing committee said if Republicans retain the House and the Senate they’ll advance a 10 percent tax cut aimed at middle-income earners. “We will continue to work with the White House
Suspicious Car Sparked Emergency Alert at Nuclear Weapons Plant
published Oct 23, 2018, 4:29:35 PM, by Ari Natter and Jennifer A. Dlouhy (Bloomberg) — A suspicious vehicle in the parking lot of the federal government’s main nuclear weapons plant in Texas prompted an emergency alert, road closures and a call to the bomb squad but ended without incident Tuesday.
Trump Defers to Congress on U.S. Response to Khashoggi Killing
published Oct 23, 2018, 4:30:48 PM, by Justin Sink and Nick Wadhams (Bloomberg) — President Donald Trump said he is passing responsibility to Congress for responding to the killing of Jamal Khashoggi at a Saudi consulate in Istanbul, and he criticized the conflicting accounts from Saudi Arabia afterward as “one
Bolton Tells Russians Election Interference Was Ineffective
published Oct 22, 2018, 4:40:10 PM, by Mike Dorning (Bloomberg) — White House National Security Adviser John Bolton told his Russian counterpart that his country’s interference in the 2016 presidential election didn’t affect the outcome but has nonetheless damaged relations with the U.S. “The point I made to Russian colleagues
Trump Says He’s `Not Satisfied’ as Mnuchin Meets Saudi Prince
published Oct 22, 2018, 5:06:04 PM, by Jennifer Epstein and Saleha Mohsin (Bloomberg) — President Donald Trump said he’s still not satisfied with Saudi Arabia’s explanation of dissident journalist Jamal Khashoggi’s death as U.S. Treasury Secretary Steven Mnuchin met with Crown Prince Mohammed bin Salman in Riyadh. Trump, speaking to
Stocks Get Boost From China Rally; Dollar Weakens: Markets Wrap
published Oct 22, 2018, 1:22:54 AM, by Adam Haigh and Andreea Papuc (Bloomberg) — Stocks and U.S. futures erased losses and European contracts advanced as Chinese equities built on a Friday rally after calls for calm from the country’s top finance officials. The dollar and Treasuries dipped. The Shanghai Composite
Chicago Mayor Halted Pension Crisis, But Leaves Big Bills Ahead
published Oct 18, 2018, 11:39:45 AM, by Elizabeth Campbell (Bloomberg) — Chicago Mayor Rahm Emanuel gave city council members a parting gift by proposing a 2019 budget that doesn’t ask them to raise taxes ahead of February’s municipal election. But it leaves a heavy lift for his successor. The next
Where To Invest $10,000 Right Now
published Oct 19, 2018, 2:11:03 PM, by Eric Balchunas and Joel Weber (Bloomberg) — With many of the world’s stock markets in turmoil, and interest rates on the rise in the U.S., it can be hard to spot investment opportunities. A popular Bloomberg article asks six experts where they would
Despite a Strong Economy, Investors Are Defensive: John Authers
published Oct 21, 2018, 5:00:17 PM, by John Authers (Bloomberg Opinion) — If you’d like to get John Authers’ newsletter in handy email form, please subscribe at this link. Thanks! Has the U.S. stock market, at last, reached the turn of the cycle? The economy, of course, has been running
Brexit Talks in Quicksand as Clock Ticks Down: Balance of Power
published Oct 17, 2018, 5:01:56 AM, by Flavia Krause-Jackson (Bloomberg) — Want to receive this post in your inbox every day? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. What the hell is going on? That’s a question even the