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Trump’s economy awaits tax-cut boost as growth downshifts

Bloomberg The US economy is beginning the year with a downshift in growth despite $1.5 trillion in tax cuts signed by President Donald Trump in December. Unexpectedly weak February retail sales pushed down forecasts for the annualised pace of expansion in the first quarter, with the Federal Reserve Bank of Atlanta’s GDPNow tracking estimate at 1.8 percent on March 16, ...

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Facebook suspends Trump election data firm for policy breach

Bloomberg Facebook Inc. suspended Cambridge Analytica, a data company that helped President Donald Trump win the 2016 presidential election and which may have collected data from 50 million Facebook profiles without their owners’ permission. The social-networking company said in a blog post that Cambridge Analytica received some user data through an app developer on its social network, violating its policies. ...

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World’s best-paid MBA grads hail from US universities

Bloomberg It’s little surprise that the best-paid MBA graduates are from American universities. What is unexpected is just how much US schools dominate the rankings. A new survey of the 20 best-paid graduate business schools found that the top 11 are all in the US. The Sloan School of Management at the Massachusetts Institute of Technology came out on top, ...

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