Tag Archives: Bloomberg News

Fed patches a potential chink in armor protecting its independence

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A vote to reappoint 11 of the Fed’s 12 regional bank presidents puts an end to speculation that Trump administration might try to unseat inflation hawks opposed to interest rate cuts. Continue reading →

Opportunity zones offer a tax loophole for affluent art collectors

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Investment firms say affluent art collectors may use tax breaks offered by Opportunity Zones Program in place of 1031 tax exchange. Continue reading →

Hong Kong millennials are skirting the law to avoid sky-high rent

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With the median home costing 19.4 times more than median household income, Millennials in Hong Kong are taking desperate measures to live in the city. Continue reading →