Obama Speech on U.S. Economy, Housing Market

Aug. 6 (Bloomberg) -- President Barack Obama speaks in Phoenix about progress made in repairing the nation's economy and housing market, and his proposals to help complete the housing recovery. The president said private capital must take a bigger role in the nation’s mortgage market with the U.S. government continuing to provide a backstop only against catastrophic risk. (Source: Bloomberg)
AirAsia Returns to Profit on Cheap Oil, Thai Unit
09:16 - AirAsia returned to a profit last quarter with the help of lower fuel expenses and a better performance from its Thai affiliate. Bloomberg's Haslinda Amin takes a look at the numbers on "First Up." (Source: Bloomberg)
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