Recovery at U.S. Banks Built on Housing

U.S. mortgage rates rose from record lows, increasing borrowing costs as an improving job market bolsters a recovery in housing.
IBM Profit Beats Estimates on Cloud, Mainframe Sales
28:42 - IBM’s first-quarter earnings beat analysts’ estimates that were already significantly lowered, helped by sales of its new mainframe and cloud-computing services. Bloomberg Intelligence’s Anurag Rana reports on “In The Loop.” (Source: Bloomberg)
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