Bloomberg South African President Jacob Zuma lashed out at critics within his African National Congress, saying they’re threatening the ruling party’s hold on power. “Factionalism is a cancer that must be rooted out,” Zuma, 75, said Friday in his opening address to a six-day ANC conference in Johannesburg that will discuss issues ranging from land reform and ownership of the ...

Two Junes ago, when the Supreme Court upheld, 6-3, a challenged provision of the Affordable Care Act (ACA), Chief Justice John Roberts, writing for the majority, vented: “Congress wrote key parts of the Act behind closed doors. Congress passed much of the Act using a complicated budgetary procedure known as ‘reconciliation,’ which limited opportunities for debate and amendment, and bypassed ...

Financial markets are frothier than a millennial’s 3-D latte. Investors are scrambling to throw money at Argentina, Vice Media and George Clooney’s tequila. Only the crypto-currency craze seems to give us comfort there are worse bubbles out there. The latest warning against digital currencies comes from Aberdeen Asset Management’s top venture capitalist, Peter Denious. He blames a feeding frenzy of ...