published Oct 6, 2017, 3:00:07 AM, by Suzanne Woolley (Bloomberg) — Consumer advocacy groups such as U.S. PIRG, along with Senator Elizabeth Warren, Democrat of Massachusetts, say consumers should be able to freeze their credit reports at all three major credit bureaus easily and for free. Sounds good. But how

published Oct 4, 2017, 3:00:08 PM, by Yuko Takeo (Bloomberg) —A fleet of excavators, bulldozers and dump trucks spread out across the globe provides an early peek at what’s happening in construction, mining, and the broader economy. The 470,000 machines sold by Komatsu Ltd. almost continuously transmit their position and

published Oct 3, 2017, 3:33:58 PM, by The Editors (Bloomberg View) —America’s elite colleges are more selective than ever before. They also remain disproportionately populated by the wealthy — in part because many qualified students from poor backgrounds don’t even apply. The good news is that there are proven strategies

published Sep 28, 2017, 3:27:07 PM, by Sarah McGregor (Bloomberg) — President Donald Trump is still intent on eliminating the carried interest tax break even though it wasn’t specified in his tax framework, White House Economic Adviser Gary Cohn said. “The president remains committed to ending the carried interest deduction,”

published Sep 28, 2017, 4:25:29 PM, by Simone Foxman, Katya Kazakina and Tom Metcalf (Bloomberg) — President Donald Trump’s tax plan suggests that wealthy Americans could be in line for a boatload of breaks. At this point, the rich aren’t buying it. “Trying to plan is pretty impossible,” said John

published Sep 15, 2017 2:26:56 PM, by Ben Carlson (Bloomberg View) — In late July, Oaktree Capital’s Howard Marks put out a memo describing current investment trends that could turn out to be mistakes. Marks urged caution on equity valuations, low volatility, FAANG stocks (Facebook, Amazon, Apple, Netflix and Google),

published Feb 2, 2017 8:20:51 AM, by Matt Levine (Bloomberg View) — Index funds and activists. The basic thesis of the index-funds-should-be-illegal crowd is that when most companies are mostly owned by the same overlapping group of owners — big mutual fund complexes, particularly passive index funds — then those companies

(Bloomberg) — U.S. equity investors aren’t done with Europe even after enjoying their best returns in eight years. Those who bought European stocks in dollars have already seen gains of about 17 percent this year, and the prospect of another leg up is keeping them hooked. The two largest U.S.

published Aug 30, 2017 12:33:56 PM, by Noah Buhayar (Bloomberg) — Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said the rally in markets over the last several years has made it harder to find bargains, but that stocks remain his choice over bonds. When

published Aug 17, 2017 9:16:41 AM, by Nikki Ekstein (Bloomberg) —In the era of the humble brag, it’s harder than ever to know how your boss travels. Assuming he or she is the type that likes to share, you might see a suggestion of a private jet or a swanky