Robert Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and Senior Fellow at the Blum Center for Developing Economies. He has served in three national administrations, including as Secretary…
Don’t Hold Your Breath for Big Stock Returns,…
Investors that didn’t profit from the equity rally in January, missed out on most of the returns for the year, according to Goldman Sachs Group Inc. strategists. “The dislocation at the outset of the year…
Saying No, Super Duels and How to Break…
Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.” Read…
Palladium Rally Offers Lifeline to Buoy South African…
Photographer: Chip Chipman/Bloomberg Photographer: Chip Chipman/Bloomberg Record palladium prices and a weaker rand are lifting the gloom enveloping South Africa’s platinum industry. For South African producers, the rally in palladium is partially offsetting the slump…
Only the Feds Reaction Function Has Changed
John Authers is a senior editor for markets. Before Bloomberg, he spent 29 years with the Financial Times, where he was head of the Lex Column and chief markets commentator. He is the author of…
Vietnam Combat Files to Be Digitized Over Mental…
A US Army soldier sits beside an APC in the fog along Route Nine, 1971. Photographer: Christopher Jensen/Archive Photos via Getty Images Photographer: Christopher Jensen/Archive Photos via Getty Images The U.S. Department of Veterans Affairs is planning to…
Outsider Channels Voter Anger as Salvadorans Vote for…
Salvadorean presidential candidate Nayib Bukele. Photographer: Oscar Rivera/AFP via Getty Images Photographer: Oscar Rivera/AFP via Getty Images Young political outsider Nayib Bukele hopes to end decades of two-party rule in today’s presidential election in El…
Uber and Lyft Raise Prices in New York…
A sign marks a pick up point for Uber cars at LaGuardia Airport in New York. Photographer: Seth Wenig/AP Photo Photographer: Seth Wenig/AP Photo Uber is raising prices -- and narrowing some perks for drivers…
Venezuela Central Bank Confronts Growing Discontent
Bolivarian National Police stand guard during a protest against President Nicolas Maduro in the Los Ruices neighborhood of Caracas on Jan. 30, 2019. Photographer: Carlos Becerra/Bloomberg Photographer: Carlos Becerra/Bloomberg As Nicolas Maduro struggles to hold onto…