bloomberg business
Cruz to Hispanics: “There is no stronger advocate of legal immigration…than I am”
©2015 Bloomberg News NNLBO76JTSEO (Bloomberg Politics) — *****This is from a year ago, but I think it is still relevant–W.****** Senator Ted Cruz said Wednesday that Republican Mitt Romney’s rhetoric about working class Americans — not an immigration stance that is similar to his own — cost the 2012 Republican presidential
Federal Reserve Rate Hike: Who Wins, Who Loses, Who Goes Meh
©2015 Bloomberg News NZGZIHSYF01S (Bloomberg) — Janet Yellen and the Federal Open Market Committee have finally taken the world’s biggest economy off life support. Now, U.S. government deficits will rise, insurance companies will get relief and savers — who’ve weathered years of earning next to nothing — will continue to
Want to Avoid U.S. Taxes on a Warhol? Keep Buying Art
©2015 Bloomberg News NNHRUH6K50YH (Bloomberg) — Chicago plastics manufacturer Stefan Edlis faced more than $20 million in U.S. capital gains taxes by selling his Andy Warhol painting to billionaire Steven A. Cohen eight years ago. He paid zero. Half of the proceeds from the $80 million sale of Warhol’s 1964
The Lone Jewish Republican in Congress Is Nostalgic for George W. Bush
©2015 Bloomberg News NNJ8N66JTSEM (Bloomberg Politics) — On Saturday night, former President George W. Bush made remarks at the spring meeting of the Republican Jewish Coalition behind closed doors, but some of his message trickled out. He argued against President Barack Obama’s planned course of action on Iran and expressed skepticism over the pending
*Democracy Comes 2nd as Middle-School Kids Flunk Civics
©2015 Bloomberg News NNLDKT6JIJUV (Bloomberg) — More than half of U.S. eighth-graders say Americans believe the U.S. government should guarantee them a job when they grow up. That’s one of the findings of a federal test of children’s knowledge of history, civics and geography. Only 32 percent correctly answered the question
Ben Carson Can Bump Trump If Media Helps: Jonathan Bernstein
©2015 Bloomberg View NTYQEQ6KLVRB (Bloomberg View) — Just as everyone decided Donald Trump would lead the Republican presidential polls for the next several months, Ben Carson tied him for the lead in an Iowa survey released Monday. No, Carson probably isn’t actually leading in Iowa. A Bloomberg poll released over the
U.S. Stock-Index Futures Slide With Volatility Set to Continue
©2015 Bloomberg News NTX2HM6JIJUU (Bloomberg) — U.S. stock-index futures fell in early trading with the turmoil seen in August set to continue on the final day of the month. E-mini contracts on the Standard & Poor’s 500 Index lost 1.1 percent to 1,967.50 as of 7:28 a.m. in Tokyo. Futures
China Doesn’t Look That Bad Compared to Other Market Meltdowns
©2015 Bloomberg News NTPN666S9728 (Bloomberg Business) — Losing $5 trillion in China’s equity-market rout in just two months is bad. But measured by the intensity of the price swings, the selloff still fails to stand out among past market meltdowns. China has the world’s most volatile stocks right now after Greece,
Microsoft Windows 10 on 75 Million Devices in First Month
©2015 Bloomberg News NTPHWX6K50XX (Bloomberg) — Microsoft Corp.’s Windows 10 has reached more than 75 million devices in almost a month since the operating system was released, according to Yusuf Mehdi, the company’s marketing chief for Windows and devices. More than 90,000 personal-computer and tablet models have upgraded to the
Here’s A Bush Who Can Promote His Handling of Hurricanes
©2015 Bloomberg News NTPKTB6KLVRD (Bloomberg Politics) — Republican presidential candidate Jeb Bush has spent much of his campaign so far trying to prove that he’s not riding the coattails of his brother and father. To distinguish himself from the two former presidents, he’s emphasized his immersion in Latino life—his marriage to