2018-11-11 13:42:00 Sun ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
Michael Bloomberg provides $80 million as campaign finance for Democrats to flip the House of Representatives in the November 2018 midterm elections, gears up his presidential bid, and eyes the Democratic nomination for 2020. Bloomberg now actively considers a presidential campaign as a Democrat in 2020, and he figures out that the Democrat nomination would be his only path to the White House even though he voices stark disagreements with many progressive proponents on bank regulation, law enforcement, and the recent #MeToo movement.
At age 76, Bloomberg is a financial media multi-billionaire and a former New York City mayor. On the economic front, Bloomberg considers himself more familiar with macro policy issues and reforms that would better shape U.S. real macro variates such as real GDP per capita, employment, and capital investment etc. Bloomberg has entertained the pragmatic idea of pursuing U.S. presidency many times before, and continues to show little preference for the rough-and-tumble tactics of partisan political discourse. There is a fair chance that Bloomberg receives the Democratic nomination to win the U.S. presidential bid against President Trump. This putative scenario might overturn the Trump set of both supply-side fiscal stimulus and bank deregulation with more realistic structural reforms in education, residential estate, and financial market stabilization.
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The Federal Communications Commission (FCC) has decided its majority vote to dismantle rules and regulations of most Internet service providers (ISPs) that
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In American states, all of the Top 4 richest people are self-made billionaires: Bill Gates in Washington, Warren Buffett in Nebraska, Michael Bloomberg in N
2018-03-15 07:41:00 Thursday ET
The Trump administration's $1.5 trillion hefty tax cuts and $1 trillion infrastructure expenditures may speed up the Federal Reserve interest rate hike
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Thomas Philippon draws attention to greater antitrust scrutiny in light of the rise of market power and its economic ripple effects. Thomas Philippon (20
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Stock Synopsis: Pharmaceutical post-pandemic patent development cycle In terms of stock market valuation, the major pharmaceutical sector remains at its