Bloomberg News

Latest In Silicon Valley 'Fringe Benefits': Paid Time Off To Protest Trump

"At this point in our political reality, it’s really, really important to allow my employees to do something that not only affects them, but also the direction of our country.  This is what democracy looks like: people having the freedom to stand up for what they believe in."

Is Trump About To Flip Again: Ryan Says "TTIP Good For Global Order"

From Obamacare to NATO, and from Ex-Im Bank to Chinese currency manipulators, President Trump has shown he is comfortable changing his mind 'bigly'. Today's exuberant support for "TTIP as good for global order," from Speaker Ryan, following VP Pence's meetings in Japan, raises questions about whether Trump's executive order withdrawing from the Trans-Pacific Partnership (TPP) free trade agreement is the next big flip-flop.

As Quota Compliance Tumbles, Is The End Of OPEC Near?

Among the 10 members bound by production caps, compliance weakened to 89 percent of pledged reductions from 104 percent, raising the question: Is OPEC, which has far exceeded the average life of cartels, on the brink of failure...

Merkel's Migrant Deception

As it now turns out, Hungary's Prime Minister Viktor Orbán was right about a "secret deal" all along...

Trump Administration Unveils First Step In Building Border Wall

The U.S. Customs and Border Protection agency said on Friday it will accept proposals next month for the design of a wall to be built near the U.S.-Mexican frontier, a first step in picking vendors for President Donald Trump's proposed border wall.

Re-evaluating Crude Oil Speculative Positioning

"I still hate crude oil and believe the next surprise will be lower rather than higher. But a little weekend thinking has forced me to re-evaluate the true extent of the supposed extreme speculative positioning..."

Civil Asset Forfeiture - Ruining Lives, While Failing To Stop Crime

Though the major point of conversation this week was about Trump’s threat to a state legislator, the bigger story should be the implicit support Trump gave to civil asset forfeiture, whether he realized it or not. And if you are not aware what civil asset forfeiture is, it is (surprisingly) something that is agreed by both sides of the aisle to be unjust and unconstitutional, and rightfully so.

Deutsche Bank To Slash Jobs Across Equity, Fixed Income Trading

Having seemingly survived their existential crisis last year, it appears the world's most systemically dangerous bank remains under pressure. Just a day after missing analysts' earnings expectations, Deutsche Bank is set to announce major job cuts across its trading businesses.