Will the Fed Take Out Fiscal Cliff Insurance?
Dec. 12 (Bloomberg) -- Bloomberg's Peter Cook reports that a Bloomberg survey of economist finds them expecting the Federal Reserve to announce more Treasury purchases to replace the expiring Operation Twist. He speaks on Bloomberg Television's "In The Loop."
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Canadian National Beats Estimates After Cutting Costs
55:12 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)