published Oct 31, 2017, 6:00:10 AM, by Tyler Cowen and Matt Levine (Bloomberg View) —After the credit crisis of 2008-09, former Federal Reserve Chairman Paul Volcker quipped that the only important innovation the financial industry had come up with in the prior 20 years was the automated-teller machine. Now almost
©2015 Bloomberg News NNJP2S6TTDS9 (Bloomberg) — China’s stocks fell for their steepest two- day loss since February on concern slowing economic growth is undermining earnings after companies from Anhui Conch Cement Co. to Yanzhou Coal Mining Co. reported declines in profit. Anhui Conch, the biggest cement producer, slid 2.3 percent