Mexico’s peso is poised to close 2013 as Latin America’s best-performing major currency after lawmakers approved legal changes for the energy, financial and telecommunications industries to bolster economic growth.
U.S. Representative Joe Walsh, an Illinois Republican, talks about his reaction to billionaire Warren Buffett’s call to increase taxes for the wealthy. Walsh, speaking with Matt Miller and Deirdre Bolton on Bloomberg Television’s “InsideTrack,” also discusses the U.S. deficit and debt ceiling negotiations. (Source: Bloomberg)
Richard Clarida, global strategic adviser at Pacific Investment Management Co. , said the Federal Reserve will alter language in their policy statement at this week’s meeting to reflect a “sluggish” economy.
BlackRock Inc. is “looking for areas” to make an investment in Spanish debt as the nation is systemically important to the European Union, according to Eric Pellicciaro, the firm’s head of global rates investment.
June 21 (Bloomberg) -- Deirdre Bolton reports on Oracle's Larry Ellison's plan to purchase a 141 square mile slice of paradise in Hawaii. He is the sixth richest man in the world. Bolton speaks on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Portugal and Spain are “lurking in the background” of the Irish debt crisis as the proposed rescue plan doesn’t address the euro region’s “fundamental problems,” said Jim O’Neill , chairman of Goldman Sachs Asset Management.