Bernanke: Fed Bond Purchases Not on `Preset Course'

July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke says the central bank’s asset purchases "are by no means on a preset course" and could be reduced more quickly or expanded as economic conditions warrant. Bernanke speaks before the House Financial Services Committee. (This is an excerpt. Source: Bloomberg)

PayPal CEO: Financial Inclusion a Huge Opportunity
15:30 - Dan Schulman, chief executive officer at PayPal, discusses the importance of financial inclusion to the U.S. economy, how his company is helping to provide access to basic, affordable financial services, and the global shift to digital, mobile banking. He speaks with Brendan Greeley on "Bloomberg Markets" (Source: Bloomberg)
  • Macau Targets Mass-Market Gamblers to Stem VIP Declines
  • BlueCrest, Platt to Return Outside Investors' Money
  • UBS’s Smiles Says Draghi Has Talked Himself Into a Corner