Zimbabwes Currency Fix Isnt Working: There Are Too…

Photographer: Waldo Swiegers/Bloomberg Photographer: Waldo Swiegers/Bloomberg Zimbabwe’s attempt to close a wide gap between its official and black-market exchange appears to be failing. The southern African nation effectively devalued its currency, known as RTGS$, in…

Fourth day of nasty storms ravages central US

JEFFERSON CITY, Mo. (AP) — An outbreak of nasty storms in the Midwest spawned tornadoes that razed homes, flattened trees and tossed cars across a dealership lot, injuring about two dozen people in Missouri’s capital…

Trump, Pelosi trade insults as their feud heats…

WASHINGTON (AP) — She’s calling for an “intervention” to save the nation from him. He says she’s “crazy.” The enmity between President Donald Trump and House Speaker Nancy Pelosi deteriorated Thursday into rude-and-then-some questioning of…

Modi Reigns Supreme. Now Indias Economy Awaits

Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Read…

BOJs Plan to Fix Its ETF Problem Branded…

Photographer: Akio Kon/Bloomberg Photographer: Akio Kon/Bloomberg The Bank of Japan’s proposed lending facility for its exchange-traded fund buying program won’t help fix the more pertinent issue that’s curbing overseas investor faith in the country’s equity…

Can Bond Traders Snooze Through Trade-War Alarm?

Despite tariff tensions, the Fed's still calling the shots. Photographer: Karen Bleier/AFP/Getty Images Photographer: Karen Bleier/AFP/Getty Images At least for a day, it looks as if bond markets have come to terms with the prospect of a…