Don't Lower Corporate Taxes. Abolish Them.
Business-friendly governments in the U.S. and the U.K. should eliminate corporate levies and just tax personal income and consumption.
Sovereign Wealth Funds Face Their Rainy Day
The retreat of the sovereign wealth funds, with their $6 trillion-plus in assets, is a potential factor of instability in an already sickly global economy.
Saudi Arabia’s Oil War With Russia
European traders and refiners confirm that Saudi Arabia has been offering its oil at significant discounts, making it more attractive than Russian crude.
Let’s Just Give Up on Taxing Big Corporations
Aren’t there better ways to use trillions of dollars than to have them invested in the markets on behalf of a few dozen firms’ shareholders?
Why Oil-Producing Countries Keep on Pumping
The big oil-producing countries keep pumping, even though prices are at a six-year low. Who will blink first?
Russia Can’t Help Being a Gold Bug
The dramatic drop in the price of gold makes Russia look like a classic sucker, but it’s not that simple.
Warren Buffett’s Huge Pile of Cash
When Buffett sits on more than $50 billion, it's time to worry about corporate America's enormous cash pile, Leonid Bershidsky says on Bloomberg View.