Will Detroit Usher In a Wave of City Bankruptcies?

July 23 (Bloomberg) -- Bloomberg Economic Editor Michael McKee examines whether Detroit's bankruptcy will unleash a wave of municipal filings as cities shoulder massive debts and pension obligations. He speaks on Bloomberg Television's "In The Loop."

Fed's Yellen: Persistent Strains Could Weigh on Outlook
24:43 - Federal Reserve Chair Janet Yellen testifies about monetary policy and the U.S. economy before the House Financial Services Committee. She speaks on "Bloomberg Markets." (Source: Bloomberg)
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