Larry Summers proposed eliminating high denomination currency to help curb illegal cash transfers. Here’s how to carry $1 million.
The Zika virus is spreading across the Americas. Since it was first detected in Brazil in May 2015, the mosquito-borne virus has alarmed health officials. Bloomberg QuickTake explains what the Zika virus is, and how officials are trying to stop it.
Today, over 100 years after Einstein proposed his theory of general relativity, we are proud to announce that his final major prediction has been verified! Gravitational waves have officially been detected by LIGO! We are still getting details as the teams of physicists go over the data, but this is a huge deal, and is an exciting new step in understanding our universe.
This video is part of a new series which introduces the IMF’s Financial Operations. The video provides a brief overview of the IMF’s financial organization, its policies, and lending arrangements.
The Federal Reserve has kept interest rates at historic, near zero levels for nearly seven years. If Federal Reserve officials begin raising rates this week, what will that mean for you? Bloomberg’s Ben Steverman looks at four things you may want to consider.
2015 is underway and the biggest question is: Will the stock market continue to climb? This week,Ivan Lo gives you his thoughts on the direction of the market and what the primary focus for 2015 should be. He also talks about American debt, what is required to pay that debt, and the Fed’s true plan on how it will unwind the enormous amount of bonds held in reserves.
Here’s a look at something much more toxic and dangerous than the Ebola virus: The Coconut Virus. In this letter, Ivan talks about the dangers of the virus, as well as the real reason for inflation and what it really means for our future.
Do Baby Boomers really impact the Labor Force Participation Rate? Here’s a closer look at the truth behind unemployment numbers, the labor participation rate, the amount of money being borrowed to buy stocks on the NYSE, and a look at what Bank of America’s institutional desk is doing with their stocks.
In today’s “Single Best Chart,” Bloomberg’s Scarlet Fu displays equity bubbles in various sectors over the past 40 years on Bloomberg Television’s “Bloomberg Surveillance.”
Warren Buffett showed last week how adept he is at lowering his company’s payments to the U.S. Betty Liu reports on Bloomberg Television’s “In The Loop.”
Is it still too early for the big stock market correction? Technical trader Kevin Cook thinks it is. Watch the video to see how he is going to handle the shake from past two weeks using technical charts and analysis.
Time for Mr. Market to go to the doctor again and get a check up on his internals. Watch the video as Kevin Cook goes over several market breadth indicators to show you, from a technical standpoint, where the market could be headed.