Bloomberg

President Donald Trump could realize a major victory by introducing tax reform, according to a Bloomberg poll of 38 economists and experts. Among those surveyed, 29 expect Congress to pass a tax-cut legislation before November 2018. Also, the tax cut could result in an incremental 0.2 percentage...

Sales of new vehicles in the U.S. throughout July were poor, and investors are scrambling to find an explanation, especially when factoring in a strong growth of licensed drivers, relatively affordable financing and cheap gas. But the answer is quite simple, Bloomberg reported. Going back 20 years...

Oaktree's co-chairman Howard Marks penned a blog post last week that caught investors' attention. In the letter, the billionaire investor had some harsh things to say about the FAANG stocks — an acronym which groups together some of the most notable technology and internet companies,...

Gone are the days when the First Trust Cloud Computing ETF (NASDAQ: SKYY) was assailed as a niche fund, too narrowly focused to make it in the hyper-competitive world of exchange-traded funds. SKYY turned six years old earlier this month, and the lone ETF dedicated to the fast-growing cloud...

Billionaire Detroit Pistons owner and private equity investor Tom Gores is reportedly attempting to enter the world of private prison contractors, asking the FCC for approval on the purchase of Securus Technologies, Inc., a prison telephone service. It’s a company that’s been criticized...

For fast-food restaurant operators, the period between 2 p.m. and 5 p.m. is referred to as the "fast-food dead zone" as it is smack in between the lunch and dinner hours. In McDonald's Corporation (NYSE: MCD)'s case, a whopping 95 percent of customers show up outside of these...

After Business Insider first called attention to diner grievances posted to iwaspoisoned.com, the website seemed to gain traction this week. The news agency publicized a series of food-safety reports involving a Chipotle Mexican Grill, Inc. (NYSE: CMG) site in Virginia, which prompted an 8-percent...

Blue Apron Holdings Inc (NYSE: APRN), a home delivery meal kit company, is off to a rough start after its IPO debut in late June. The stock opened for trading at $10 per share on June 29. Since then the stock has seen continued downward pressure as Amazon.com, Inc. (NASDAQ: AMZN) could leverage its...

Shares of Macau casino operators Melco Resorts & Entertainment Ltd(ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM) were all getting hammered in early Friday trading after Bloomberg reported that one of Macau...

In what could bring about a major upheaval in the virtual reality arena, Facebook Inc (NASDAQ: FB) is working on an economy Oculus VR headset, which could hit the market as early as next year, Bloomberg said, quoting people familiar with the matter. The proposed gadget priced at $200 is aimed at...