RBA’s Stevens Cuts Benchmark Rate to 3%

The following is a reformatted version of a statement published today on the Reserve Bank of Australia’s website, after Governor Glenn Stevens and his board lowered the overnight cash-rate target by a quarter percentage point to 3 percent.

Instagram's Systrom: New Logo Is About Creativity
30:12 - Instagram CEO Kevin Systrom discusses the company's logo change with Bloomberg's Emily Chang on "Studio 1.0." (Source: Bloomberg)
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