The following list comprises the of the most-read stories. Lists are based on daily statistics through Friday, Aug. 15
Aug. 11 (Bloomberg) -- Jason Evans knew he had to act fast.
It was 8:30 in the morning on Aug. 1, which meant the U.S. Labor Department’s monthly wage data had just been released.
Aug. 12 (Bloomberg) -- Derivatives that helped inflate the 2007 credit bubble are being remade for a new generation.
Aug. 12 (Bloomberg) -- Robin Williams, the Oscar-winning comic and actor known for his quick wit, improvisational humor and versatility as a dramatic actor, has died after hanging himself in his home. He was 63.
Aug. 12 (Bloomberg) -- A Barclays Plc trading team that’s leaving this year to start a quantitative investment firm will take 60 bank employees with it, adding to Wall Street’s migration to the $2.8 trillion hedge-fund industry.
5. Treasuries Rise on Ukraine While U.S. Stocks End Little Changed
Aug. 15 (Bloomberg) -- Treasuries gained as escalating tensions in Ukraine outweighed optimism on central bank stimulus, while U.S. stocks erased earlier declines. Gold trimmed losses and the yen rose amid demand for haven assets.
Aug. 11 (Bloomberg) -- JPMorgan Chase & Co., the biggest U.S. bank, is considering moving its headquarters within New York as the company has fewer employees in the nation’s largest city, according to a person briefed on the discussions.
Aug. 14 (Bloomberg) -- Global stocks rose as tensions eased in Ukraine, while bonds climbed on bets central banks will support the economy amid weaker-than-forecast data. Brent oil tumbled to a 13-month low to pace losses among commodities.
Aug. 11 (Bloomberg) -- Global stocks rose the most since April while the yen fell on optimism that tension between Russia and Ukraine will ease and U.S. airstrikes will push back militants in Iraq. Emerging markets rallied and oil gained.
9. Ukraine Tensions Flare as President Touts Strike on Armed Column
Aug. 16 (Bloomberg) -- Tensions flared in Ukraine yesterday as the government said its army destroyed part of a column of military vehicles that crossed the border from Russia, even as Vladimir Putin denies any military presence in the country.
Aug. 11 (Bloomberg) -- Like many New York City dwellers, Adam Cosentino’s summer ritual includes making the 100-mile trek to the beach towns of the Hamptons every weekend.
Aug. 10 (Bloomberg View) -- The Federal Reserve has repeatedly pointed to subdued inflation as a justification for carrying on with its extraordinary efforts to stimulate the U.S. economy. It should be paying much more attention to a trend that its inflationary gauge is missing: the tremendous run-up in the prices of all kinds of assets.
Aug. 12 (Bloomberg View) -- Banks are starting to fret a little more loudly about the heavier hand of regulation. Some of their complaints, particularly about the dangers of business petrification caused by excessive caution, are justified. Others, particularly those to do with pay and bonuses, are self-serving and overblown -- and likely to get louder.
Aug. 12 (Bloomberg View) -- When someone as sparklingly witty as Robin Williams commits suicide -- as the actor, once named the funniest person alive by Entertainment Weekly, apparently did yesterday -- our first reaction is disbelief at the incongruity. Perhaps it shouldn’t be. Psychologists believe that some styles of humor can mask a greater susceptibility to depression. In fact, a certain sense of humor may be a symptom of a widespread, often untreated disease that disables and kills.
Aug. 11 (Bloomberg View) -- For journalists, the dog days of August are the worst. Nothing happens because Congress and the rest of you are all on vacation. So now is the time for whatever quirky column has been niggling at the back of one’s mind, waiting for a break in the news cycle. Unfortunately, even if nothing has been niggling, your deadline still beckons. So it’s also the time for thumb-suckers about America in the 21st century, homages to parenthood, wild speculations about what sort of electronic devices our grandchildren will use, or anything else that will fill the requisite inches.
Aug. 14 (Bloomberg View) -- It is happening again! This morning’s shockingly bad economic data out of Europe is being treated as good news by the markets, with both equity and bond prices initially responding favorably to the news. This paradox is a repeat of yesterday, when markets also treated the bad news for Main Street -- disappointing U.S. retail sales numbers -- as good news for financial assets. And while strengthened expectations of greater central bank accommodation readily explain this apparent perversion, it should not also blind us to the fundamental drivers in play.
1. Carney Says Emphasis on Rates Path as Wages in Focus
Aug. 13 (Bloomberg) -- Governor Mark Carney pledged that Bank of England officials won’t rush to raise interest rates as he highlighted overseas risks to Britain’s recovery and the weakness of wages. He also discusses the path for interest rates and productivity.
2. Zuckerberg, Nadella, Stewart Take Ice Bucket Challenge
Aug. 14 (Bloomberg) -- Facebook Inc. Chief Executive Officer Mark Zuckerberg, Microsoft Corp. CEO Satya Nadella, T-Mobile US Inc. CEO John Legere and Martha Stewart participate in the Ice Bucket Challenge, getting ice-cold water dumped over them to raise awareness for Amyotrophic Lateral Sclerosis, also known as Lou Gehrig’s disease.
3. Five Watches That Are More Expensive Than a Bugatti
Aug. 14 (Bloomberg) –- Patek Philippe is often considered one of the most prestigious luxury brands in the watch industry, but just how much are they worth? RANX takes a look at five of the highest-priced Patek timepieces ever sold at auction.
4. Goldman’s Garzarelli Expects Bund Yields Will Double
Aug. 13 (Bloomberg) -- Francesco Garzarelli, co-head of macro and markets research at Goldman Sachs Group Inc., talks about European bond yields and the outlook for monetary policy in Japan and Britain.
5. McIlroy Wins PGA Championship for Fourth Major Title
Aug. 10 (Bloomberg) -- Rory McIlroy fought past Phil Mickelson, Rickie Fowler and Henrik Stenson to win his second PGA Championship and fourth career major golf title. He’s the first golfer to win consecutive majors in six years.