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Amazon founder is richest man in modern history

Bloomberg Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth cracked $150 billion in New York, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person. Bezos, 54, also has topped Gates in inflation-adjusted terms. The $100 billion mark that Gates hit briefly ...

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US companies still upbeat despite trade war, tax cuts

Bloomberg Donald Trump’s economic policies have been a wash of sorts for US business investment. Ten percent of respondents surveyed by the National Association for Business Economics said they have accelerated spending as a result of the 2017 tax cuts. Meanwhile, 10 percent said they have delayed investment because of new tariffs and other trade policies, NABE’s survey of 98 ...

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UK employment reaches record high

Bloomberg UK employment rose to a record high in the three months through May after the economy created jobs at a stronger-than-expected pace. The number of people in work rose by 137,000, taking the employment rate to 75.7 percent, the highest since records began in 1971, the Office for National Statistics said on Tuesday. Unemployment held at a 43-year low ...

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