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In Alaska, Obama Obliges Some Critics and Takes a Hike
©2015 Bloomberg News NU0QVU6KLVR6 (Bloomberg) — For six years, some Republicans in Washington have urged President Barack Obama to take a hike. On Tuesday he obliged them. The president began his second day in Alaska with a trek through the Kenai Fjords National Park and the Exit Glacier, a four-mile
Why Robots Mean Interest Rates Could Go Even Lower In The Future
©2016 Bloomberg News O1ERCZSYF01S (Bloomberg) — If robots rise, interest rates will fall. That was the assumption of delegates at the World Economic Forum’s annual meeting in Davos, Switzerland, as revolutions in automation and artificial intelligence reshape how economies work. The argument goes like this: As machines become more and
