Articles filed under Bloomberg
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A strong economy translates into big sales this holidayDec 26, 2018 12:00 am - NEW YORK - Americans buoyed by a strong economy pushed holiday sales growth to a six-year high. Retail sales rose 5.1 percent between Nov. 1 and Dec. 24 from a year ago,...
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Whiff of extinction blows in bull market that outlived them allDec 26, 2018 12:00 am - It's been derided as a house of cards, a gift to the one-percent, an experiment in monetary policy taken way too far. Now a bull market that for 10 years has confounded ...
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With Trump preaching buy the dip, stocks look cheapest in yearsDec 26, 2018 12:00 am - The flip side of what's been the third-worst month for American stocks in the postwar era is that prices are a whole lot cheaper than they were before the rout. While it...
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The 'bloody' Impossible Burger faces another FDA hurdleDec 26, 2018 12:00 am - The famous "bloody," plant-based Impossible Burger is now available at almost 5,000 restaurants in all 50 states. But that very appearance of bloodiness may have present...
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Amazon's record holiday shows consumers still have appetite for spendingDec 26, 2018 12:00 am - Amazon.com reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes, suggesting consumer o...
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Blue collar worker shortage turns U.S. labor market on its headDec 23, 2018 5:00 am - A surprise shortage of blue collar workers is changing the contours of the U.S. labor market, boosting their pay, narrowing wage inequality and drawing more women into t...
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Want to cut your tax bill? Keep reading and call your CPADec 23, 2018 5:00 am - President Donald Trump pledged that his tax law would kill off breaks and complex loopholes for the wealthy. Instead, the overhaul has ushered in a new generation of man...
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Retirees thought GE would take care of them forever. It didn't.Dec 23, 2018 12:09 am - Back in 1971, when he went to work at a General Electric plant in upstate New York, John Phelps probably wasn't naive in believing that the company would take care of hi...
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Instagram was a bigger Russian election tool than Facebook, Senate report saysDec 22, 2018 5:07 am - Facebook Inc.'s Instagram played a much bigger role in Russia's manipulation of U.S. voters than the company has previously discussed, and will be a key Russian tool in ...
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Why your high-tech car is a magnet for hackingDec 22, 2018 5:05 am - Hopping into an Uber or a Car2Go is a great way to get around. Unfortunately, hackers agree, exploiting weaknesses in apps to go on "phantom rides" with someone else's p...