The World According to Arp
Born in Boston, Michael Rubens Bloomberg built his Information Empire around the Bloomberg Terminal, Website, TV and Radio Syndication. The Bloomberg Terminal was devised to supply a drought of information on Municipal Bonds.
China anticipated announcement of tariff cuts on U.S. imports.
Japan and Hong Kong led the charge in equities, with benchmark gauges up more than 2%. Stocks in Seoul, Shanghai and Sydney were also strong. Asian markets opened higher, tracking a record finish in the U.S. Wednesday. The yuan extended gains after China said the tariff cut, which will affect rates on $75 billion of U.S. goods, will take effect on Feb. 14.
Oil climbed amid prospects for OPEC+ output cuts.
President Trump's impeachment trial came to a close Wednesday with, as has long been expected, his acquittal. We have more on that below, or check out the grid for another Trump-related story: seven takes on Nancy Pelosi ripping up his State of the Union address Tuesday night. The newsletter, though, leads with a very different topic: the rundown on how a lab goof during a 1984 murder may have led to a suicide three decades later.