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Will FED "Jell" on September Liftoff?

JP Morgan Chief U.S. Economist Michael Feroli discusses the Federal Reserve’s rate hike probability with Bloomberg's Alix Steel and Scarlet Fu on "What'd You Miss?" (Source: Bloomberg)

Gainers

6479
+136.00
+9.79%
Minebea Co Ltd
4521
+460.00
+8.21%
Kaken Pharmaceutical Co Ltd
8630
+253.50
+6.76%
Sompo Japan Nipponkoa Holdings Inc
8725
+239.00
+6.59%
MS&AD Insurance Group Holdings Inc

Losers

2670
-160.00
-2.18%
ABC-Mart Inc
8570
-56.00
-2.16%
AEON Financial Service Co Ltd
1878
-200.00
-1.62%
Daito Trust Construction Co Ltd
4732
-22.00
-1.08%
USS Co Ltd

Bill Gross Says Fed Has Waited Too Long to Raise Rates

Bill Gross said the Federal Reserve has waited so long to raise interest rates that any move now may be labeled “too little too late” as market turmoil restricts the room for policy makers to act. Bloomberg's Mary Childs has more on "Bloomberg Markets." (Source: Bloomberg)

Latest Markets Videos

Fed's Beige Book: Are We Finally Seeing Wage Growth?

FTN Financial's Christopher Low and Edward Jones' Kate Warne discuss the Fed's Beige Book report released today. They speak with Bloomberg's Mark Crumpton and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)

Has the Pessimism Toward Asia Gone Too Far?

AMP Capital Head of Dynamic Asset Allocation Nader Naeimi discusses South Korea GDP, the Chinese stock market and the Australian economy. He speaks to Bloomberg's Shery Ahn on "First Up." (Source: Bloomberg)

China Concerns Continue to Weigh on U.S. Markets

Key Private Bank Chief Investment Strategist Bruce McCain discusses the rebound in U.S. equities markets, the August jobs number and the outlook for Asia. He speaks to Bloomberg's Shery Ahn on "First Up." (Source: Bloomberg)

Will FED "Jell" on September Liftoff?

JP Morgan Chief U.S. Economist Michael Feroli discusses the Federal Reserve’s rate hike probability with Bloomberg's Alix Steel and Scarlet Fu on "What'd You Miss?" (Source: Bloomberg)

Stocks

Miramax Owners Said to Hire Morgan Stanley for Studio Sale

Billionaire Tom Barrack Jr. and other investors in Miramax, owner of Oscar winning films including Quentin Tarantino’s “Pulp Fiction,” have hired Morgan Stanley to seek a buyer for the studio, according to a person with knowledge of the matter.

Apple Could Lease IPhones to Help Spur Upgrades: Macquarie

Apple Inc. could take a page from the auto industry and lease iPhones, providing a lower-cost option for consumers and carriers that could boost the pace of phone upgrades, Macquarie Securities USA Inc. analyst Kevin Smithen wrote in a note Wednesday.

Credit-Card Maker CPI Card Said to Seek $300 Million in IPO

CPI Card Group Inc., which makes payment cards for firms including Bank of America Corp. and American Express Co., aims to raise about $300 million in an initial public offering, according to people familiar with the company’s plans.

Tesla's New Car Is So Good, It Literally Broke the Consumer Reports Scale

What's better than perfect?

Calstrs May Move 12% of Its Portfolio Into Lower-Risk Assets

The California State Teachers’ Retirement System, the second-largest U.S. pension fund, will explore moving as much as 12 percent of its portfolio into global stocks, infrastructure and Treasuries in order to diversify and reduce risk, its investment committee voted Wednesday.

Winton, Cantab Decline in August as Stocks’ Slump Hurts Quants

Winton Capital Management, David Harding’s $31.4 billion hedge fund firm, and Cantab Capital Partners, co-founded by the former head of Goldman Sachs Group Inc. quantitative strategies Ewan Kirk, posted losses last month as the stock market turmoil hit computer-driven investors.