The age of batteries is just getting started. In the latest episode of our animated series, Sooner Than You Think, Bloomberg’s Tom Randall does the math on when solar plus batteries might start...
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Everything must go A rash of store closings is a sign that the ground has shifted under bricks-and-mortar merchants, with consequences for the retail sector and district communities PHIL DAVIES...
Strip an economy of capital, productive incentives, talent and yes, ethics, and what are we left with? An economy spiraling toward an inevitable collapse.
Financialization is destroying the real economy, but few in power seem to notice or...
``To the naked eye, the monthly gains in red -- those since Trump became president -- don't look much different from the types of gains seen under Obama starting in 2011. The highest monthly job gain under Trump -- 232,000 -- was exceeded in 28...
``The U.S. Federal Election Commission allows the use of private campaign funds to pay legal bills arising from being a candidate or elected official. While previous presidential campaigns have used these funds to pay for routine legal matters...
Hold my calls: This opens tonight on Netflix, Jerry before Seinfeld: Returning to his roots, taking the stage of the Comic Strip, the club where he first started doing Stand Up. Interestingly, the...
President Donald Trump's inaugural committee raised an unprecedented $107 million for a ceremony that officials promised would be "workmanlike," and the committee pledged to give leftover funds to charity.
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The $107 million is a massive amount...
There's little question that the program, known as quantitative easing or "money printing," boosted the stock market. The three iterations of QE between November 2008 and October 2014 each saw big boosts to the market, with a cumulative S&P 500...
Toys R Us been spiraling toward bankruptcy for years as it failed to keep up with competitors. Analysts cited many reasons for the company's demise: Lousy in-store customer service, a second-rate website and prices that are often higher than at...
There are few traders who have experienced the highs and the lows of trading the way Victor Niederhoffer has. When he began, he turned fifty thousand dollars into $20,000,000 over 18 months....
``Bloomberg is reporting that Equifax, the credit reporting company that recently reported a cybersecurity incident impacting roughly 143 million U.S. consumers, learned about a breach of its computer systems in March -- almost five months before...
The underlying premise is simple: Reward doctors and hospitals financially when patients are healthy, not just when they come in sick.
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Vermont is setting an ambitious goal of taking its alternative payment model statewide and applying it to...
Prices are rebounding because traders in China are likely to switch to alternative exchanges or seek loopholes in the regulation, said Peter Van Valkenburgh, director of research at Coin Center, a Washington-based nonprofit research firm...
Source: Torsten Sløk, Deutsche Bank Securities The mid-term elections a little more than one year away (!). Control of Congress is often indirectly correlated with the President’s popularity....
My two for Tuesday morning train reads: • Investing Hot Shots Can’t Time the Market, Either (Bloomberg Gadfly) see also How Millennials Can Prepare For the Next Financial Crisis (A Wealth of...
Source: New York Times
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GOLDMAN SACHS had been a favorite cudgel for candidate Trump -- the symbol of a government that favors Wall Street over its citizenry. Trump proclaimed that Hillary Clinton was in the firm's pockets, as was Ted Cruz. It was Goldman Sachs that...
As for acquiring capital--the most important types of capital don't require much money.
What is real wealth? Money, right? Currency, gold, quatloos, you name it. Money is real wealth because you can use it to buy whatever you want.
I would argue...
``... for the first time in 85 years, Puerto Rico is expected to suffer a direct landfall from a Category 4 or 5 hurricane. Puerto Rico's governor has declared a state of emergency ahead of that landfall, which will likely happen Wednesday.''
Click to see all the pictures. Source: Bloomberg
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