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©2015 Bloomberg News NYYYIV6K50XT (Bloomberg) — President Barack Obama warned that the mass shooting in California last week showed the terrorist menace has evolved into a “new phase” of less sophisticated, harder to detect plots, while assuring the public that organizations like Islamic State that threaten the U.S. will be

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©2015 Bloomberg News NRHYK96JIJUW (Bloomberg) — The National Retail Federation predicted a drop in the average family’s back-to-school spending, bringing a downbeat forecast to an industry hoping for a resurgence in the second half. Families will spend about 5.8 percent less on back-to- school shopping this year than in 2014,

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