Revised Sandy Forecast Shows Impact May Reach $50B

Nov. 2 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Bank of America will face eased capital requirements a full percentage point lower than JPMorgan and Citigroup, EBay looks to expand its presence in China and Equicat has doubled its economic damage estimates for superstorm Sandy to $50 billion. She speaks on Bloomberg Television's "Bloomberg Surveillance."

Oil Outlook: Where Will Prices Head Next?
07:06 - Frank Holmes, chief executive officer and chief investment officer at U.S. Global Investors, and Charles Diebel, head of rates and multi-strategy fixed income at Aviva Investors, discuss the price of oil and the outlook for the commodity in 2016. They speak to Bloomberg's Guy Johnson on "Countdown." (Source: Bloomberg)
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