Bloomberg News

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Lagarde Warns World To Brace For Repeat Of Fed’s ‘Taper Tantrum’

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Emerging markets need to prepare for capital flight if investors are surprised by the timing or pace of policy changes in developed economies, the IMF’s managing director said.

Saudi Arabia Wooing Fired U.S. Shale Workers to ‘Join Our Team’

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Workers fired from U.S. shale fields after the collapse in oil prices could soon have a new boss: the nation some blame for driving that decline.

Oil Slumps To Six-Year Low As U.S. Production Seen Filling Tanks

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U.S. oil futures slumped to the lowest level since March 2009 on speculation that record supply may start to strain the country’s storage capacity.

Biggest Long-Term Treasury ETF Hit By Fastest Outflows On Record

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The biggest ETF investing in long-term Treasuries is losing investors at the fastest rate ever on concern the Fed is moving closer to interest-rate increases.

Back To Normal In Stocks Feels Like Trauma As U.S. Bull Run Ages

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The market hasn’t been this turbulent since the European debt crisis three years ago as volatility in currency and energy markets spill over to equities and Fed policy makers signal a rate increase...

Branson's Virgin Cruises Accused Of Pirating Ultra Ship Plan

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Richard Branson’s Virgin Cruises was accused of pirating business plans and ideas for building “ultra ships,” and in the process exposing the dark side of Virgin.

The 10 States With The Most Student Debt

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Washington, D.C. has been called one of America's most college-educated cities...

What You Tweet Might Tell Yellen It's Time To Raise Rates

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Your Google search or a tweet about your job is part of a vast trove of private economic information that might help Federal Reserve Chair Janet Yellen and her colleagues get a more complete picture...

Billionaire Flies On AmEx Points To Pay $45M For Artwork

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Billionaire Liu Yiqian flew to Hong Kong to pay $45 million for a 15th century Tibetan embroidered silk thangka, and he used his frequent flier miles to get there.

Montel Williams Payday Loan Advertiser Fined $2.1 Million

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It turns out the credit Williams was advertising, which sometimes had interest rates above 1,000 percent, was illegal in New York.

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