published May 23rd 2017, 5:52 am, by Victoria Bateman (Bloomberg View) —When we think about productivity, we often have a bias towards physical goods — things we can touch and feel, like iPhones or suits. But over the past century, as the economic historian Stephen Broadberry has shown, services, not manufacturing,
©2015 Bloomberg News NSZW976KLVR7 (Bloomberg) — The dollar remained on the back foot, sliding versus Korea’s won as investors cut bets on higher U.S. interest rates after China’s shock devaluation. The yuan rose in offshore trading, while Japanese stocks extended losses. The greenback traded near its weakest level this month