If You Can Rent It, the Next Gen Does

Aug. 8 (Bloomberg) - College graduates owe more and make less coming out of the recession, putting certain milestones like buying a car and a home further out of reach. Instead young people are taking advantage of rental services, renting everything from cars to furniture to even clothing, saving them money and increasing the bottom line of companies like Zipcar and Rent the Runway. Bloomberg's Yang Yang reports.

Can Central Banks Remain Tight in Spite of QE?
21:25 - Marios Maratheftis, chief economist at Standard Chartered Bank, examines global monetary conditions in the aftermath of quantitative easing and how Europe responds to risks. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
  • What Is China's Interest in Middle East Investment?
  • China Manufacturing Tumbles to Three-Year Low
  • Oil Supply, Demand Dynamics About to Change: Maratheftis