Trump Dials Up Trump as Democrats Take House: Balance of Power
published Nov 8, 2018, 5:07:51 AM, by Kathleen Hunter (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. The world got its first glimpse yesterday of how Donald Trump
Jobless Claims Fell Last Week Amid Tight U.S. Labor Market
published Nov 8, 2018, 7:30:01 AM, by Katia Dmitrieva (Bloomberg) — U.S. filings for unemployment benefits held near an almost five-decade low, indicating a robust job market, Labor Department figures showed Thursday. Jobless claims decreased by 1,000 to 214,000 in the week ended Nov. 3, in line with the median
Drilling Votes Signal Fracking Foes Should Key on Candidates
published Nov 8, 2018, 9:14:52 AM, by Catherine Traywick (Bloomberg) — Environmental groups are finding it’s easier to get votes for candidates than for causes. At least that’s the approach that national environmental groups are taking in the age of Trump, as they strategize how best to counter Republican Party
Market Guide to the Midterms: What Goldman, SocGen Are Watching
published Nov 6, 2018, 3:33:52 PM, by Joanna Ossinger and Felice Maranz (Bloomberg) — The U.S. midterm elections are upon us, and the results will have implications for everything from bond yields to equity volatility. Here’s a sampling of what strategists are saying about the outlook for markets. Taxes and
The ‘Radical Saving’ Trend Is Based on Fantasy: Jared Dillian
published Nov 4, 2018, 8:00:28 AM, by Jared Dillian (Bloomberg Opinion) — For as much as people have complained about the astonishingly low savings rate in the U.S., nobody has done much about it. But now there is a new movement called “FIRE,” which stands for “Financial Independence, Retire Early”
U.S. Opens Door to New Russia Sanctions After Nerve Attack
published Nov 6, 2018, 3:11:32 PM, by Nick Wadhams and Anna Edgerton (Bloomberg) — The State Department notified Congress that Russia ignored a deadline to swear off the use of chemical weapons, opening the possibility of new sanctions linked to a nerve-agent attack in the U.K. The department determined that
Trump Pledges Tax Cut on Eve of Election: Trump Update
published Nov 5, 2018, 5:54:06 PM, by Toluse Olorunnipa (Bloomberg) — President Donald Trump kicked off his last day of campaigning before elections that will determine control of Congress, as he tweeted support for Republican candidates and condemned their Democratic opponents. His schedule called for barnstorming key states, with rallies
Facebook Tamped Down on Hoax Sites, But Polarization Thrives
published Nov 5, 2018, 4:23:16 PM, by Sarah Frier (Bloomberg) — In February, the YourNewsWire page on Facebook was at its peak popularity, boosted by its salacious post claiming that Justin Trudeau, the Canadian prime minister, was Fidel Castro’s love child. That story, shared 1,800 times, represented exactly the kind
Africa Enjoys Oil Boom as Drilling Spreads Across the Continent
published Nov 5, 2018, 6:01:00 PM, by Paul Burkhardt (Bloomberg) — Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to Namibia. The rigs are returning and wildcatters are getting excited again after a years-long hiatus during the oil-price slump.
Surging Turnout Begs Question of Who Benefits: Election Wrap
published Nov 4, 2018, 12:44:02 PM, by Greg Sullivan and Derek Wallbank (Bloomberg) — Surging turnout has both Republicans and Democrats proclaiming they stand to benefit, as polls show tight races up and down the ballot that will determine control of Congress, state houses and governors’ mansions nationwide. Some 34