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Raising Retirement Age Disproportionately Hurts Poor, Study Says
©2016 Bloomberg News O0SNHU6KLVRD (Bloomberg) — The rich are increasingly outliving the poor, meaning policies aimed at delaying retirement could disproportionately hurt low socioeconomic status workers, new research shows. Using level of educational attainment as a proxy for socioeconomic status, Boston College’s Center for Retirement Research found a 2.5 percent and 1.2 percent improvement in
Hedge Funds Harvest Bearish Crop Bets Too Soon as Glut Expands
©2015 Bloomberg News NPY8GFSYF01S (Bloomberg) — Hedge funds retreated from bearish bets on agricultural commodities too soon as the U.S. government said crop supplies will keep getting bigger. Speculators cut the net-short position in wheat, dumping wagers on declines at the fastest pace since 2013, just before prices tumbled for
