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Bloomberg: Xi’s Top Economic Aide Plans U.S. Trip Amid Trade Tension. President Xi Jinping’s top economic adviser Liu He will head to the U.S. next week in a sign of an expanded role managing the mounting trade tensions between the governments in Beijing and Washington, said a person familiar with the matter. Show More Summary

Slumping Subway Offers "Free Cookies & Chips", $2 Discounts To Revive Sagging Sales

Last spring, we pointed out that, for the first time in its 52-year history, Subway had contracted in 2016, shuttering 359 US locations which, as Bloomberg explained, was the "biggest retrenchment in the history of the restaurant chain." Since then, the outlook for Subway has only deteriorated. Show More Summary

Trump Wants "Harshest" Import Tariffs: 24% On Steel, 10% On Aluminum

Defying threats of retaliation from the Chinese, Bloomberg reports that President Trump is pushing for a global tariff of 24% on all steel imports, a decision that will anger nearly every industrial manufacturer based in the US, while...Show More Summary

Nation of Rentiers?

Monopolies Alone Don’t Explain Why Stocks Soar There are many reasons share prices can outpace U.S. economic growth. Bloomberg, February 23, 2018     Is America becoming a nation of price-fixing, monopolistic rent extractors? That is the question raised recently in a working paper by a trio of researchers at Brown University. Show More Summary

This Is What Jeff Gundlach Thinks Is "Fair Value" On The 10 Year

As Bloomberg's Michael Regan writes, "pinpointing the exact level of Treasury yields that will break the back of the bull market has become the trendiest parlor game in town." Earlier today, Tom Lee of Fundstrat became the latest toShow More Summary

Chinese Automaker Geely Snapping Up a Near 10-percent Stake in Daimler: Report

Is a seemingly unstoppable Chinese automaker slowly amassing a significant ownership stake in Germany’s Daimler AG? That’s what sources tell Bloomberg. According to the news outlet, sources claim Geely Auto Group, which owns the Volvo, Lotus, and the mysterious Lynk & Co. Show More Summary

There's a simple phrase you can use when asking for a flight upgrade that could help you land a first-class seat — but there’s a catch

Mentioning "revenue management" to an airline reservation agent can help you land an upgrade, New York Times best-selling author Tilly Bagshawe told Bloomberg. An airline's revenue management department tells reservation agents whatShow More Summary

Tax Policy In The Trump Administration

Bloomberg, Democrats Counter GOP Tax-Cut Pitch by Warning of Long-Term Pain Bloomberg, This Florida City Shows How Trump Tax Cuts May Buoy Republicans Bloomberg, Trump’s Tax Law Rankles European Finance Ministers Neil Buchanan (George Washington), If Republicans Really Wanted a Middle-Class Tax Cut, They Could Have Passed a Much Better...

Haunted by Oil Slump, Singapore’s Otto Marine Buckles Under Debt

By Andrea Tan and David Yong (Bloomberg) — A Singapore shipping company rescued by its chairman just over a year ago faces collapse unless the courts step in, a sign that an earlier slump in oil prices is still reverberating. Saddled with $877 million in liabilities and creditors demanding payment, Otto Marine Ltd. Show More Summary

Always Be a Sort-of-Early Adopter

If you were looking to buy a pair of AirPods, you may be better off waiting a few more months. Bloomberg reported Thursday that Apple is working on a second version of its popular AirPod in-ear headphones. The updated product will include...Show More Summary

You would have thought armed conflict with Russia would be a bigger story

That is the topic of my latest Bloomberg column, here is one excerpt: The relative lack of attention being paid to the news that U.S.-backed forces killed 200 to 300 Russian mercenary soldiers this month in Syria seems like a non-barking dog to me. Show More Summary

Top 1% = $480,930 (AGI)

click for ginormous graphic Source: Bloomberg   This is quite intriguing: What does it take to get into the 1 percent? The price of admission is an adjusted gross income — basically, what you make before deductions — of $480,930. That’s...Show More Summary

10 Friday AM Reads

My end of week morning train reads: • We Forget That Everything Is Relative (Behavioral Scientist) • A Not Terribly Bright Idea for Harvard’s Endowment (Bloomberg Gadfly) • The Curse of Intelligence (Wealth of Common Sense) • EnoughShow More Summary

"A Critical Juncture": Why One Trader Thinks An Equity Meltdown And Dollar Surge Is Imminent

For everyone watching the paradoxical dance between rising bond yields and higher stocks with great interest, wondering when the correlation will finally snap, and what happens then, then the latest thoughts from Bloomberg macro commentator,...Show More Summary

Survey: more than half of US gun owners do not safely store their guns

More than half of gun owners do not safely store all their guns, according to a new survey of 1,444 U.S. gun owners conducted by researchers at the Johns Hopkins Bloomberg School of Public Health. The survey, believed to be the first nationally representative sample in 15 years to examine gun storage practices in U.S. Show More Summary

Where was/is Macedonia?

The bitter dispute over the name "Macedonia" has lasted more than 70 years Eleni Chrepa and Slav Okov, 'Inside the Bitter Dispute Over the Name ‘Macedonia’...',. Bloomberg 22 Feb 2018.A dispute between Greece and the Republic of Macedonia goes back more than seven decades, but now both neighbors have a political interest in finding a solution. Show More Summary

Apple is reportedly adding hands-free Siri and water resistance to its next AirPods

Bloomberg reports that Apple has a couple of interesting features in store for upcoming versions of its AirPods wireless earbuds. We heard back in December 2017 that Apple had plans for new AirPods; this year, they’re slated to get a new wireless chip for improved wireless chip. Show More Summary

E-cigarette vapor contains potentially unsafe levels of chromium, nickel and lead

2 days agoTechnology / Gadgets : Gizmag

New research from Johns Hopkins Bloomberg School of Public Health has found that a number of e-cigarette vapors contain unsafe levels of toxic metals, including lead and chromium. It is suspected that blame lies with e-cigarette heating...Show More Summary

What features would you like to see added to AirPods? [Poll]

A Bloomberg report today offered early details on what Apple has up its sleeve for the new generation of AirPods coming this year. The report highlighted that this year we can expect ‘Hey Siri’ support, while water resistance is also on the roadmap for a later date. What features would you like to see added to AirPods? more…

Bloomberg & Everytown for Gun Safety Behind So Called “Student-Led” Anti-Gun March

Once again we see billionaire Michael Bloomberg performing as the Great Oz behind the curtain and using children for his sick anti-American causes This post Bloomberg & Everytown for Gun Safety Behind So Called “Student-Led” Anti-Gun March appeared first on

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