IMF Cuts Global Outlook, Warns of U.S. Default Risk

Oct. 8 (Bloomberg) -- Olivier Blanchard, chief economist of the International Monetary Fund, speaks about the outlook for the global economy and the potential implications of a U.S. debt default. The IMF's Jorg Decressin, Thomas Helbling and Rupa Duttagupta also speak at the news conference in Washington. (Video courtesy of IMF. Source: Bloomberg)
Apple, Shell Issue $18B of Bonds
40:59 - The world’s most valuable companies are racing to raise cash in the U.S. bond market all before the Fed raises borrowing costs. Bloomberg’s Michelle Davis reports on “First Up.” (Source: Bloomberg)
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