Bloomberg Germany took first place in the 2020 Bloomberg Innovation Index, breaking South Korea’s six-year winning streak, while the US fell one notch to No. 9. Singapore’s leap into the third-place ranking returns it to its post from two years ago. The annual Bloomberg Innovation Index, in its eighth year, analyses dozens of criteria using seven metrics, including research and ...

Bloomberg New Jersey Governor Phil Murphy has signed a bill that represents the state’s most ambitious strategy to promote electric vehicles (EV). New Jersey, where transportation accounts for about half of greenhouse gas emissions, joins about a dozen other states that have targets for electric-vehicle adoption. The bill calls for 2 million plug-in electric vehicles by 2035, and offer consumers ...

The global debt balloon continues to inflate — with what consequences no one knows. Could the balloon soon become a “bubble” that pops, causing a new financial crisis? It hardly seems impossible. The latest worldwide debt figures are not reassuring. In September, global debt of all varieties (government, business and consumer borrowing) totalled $253 trillion, up $9 trillion from the ...