U.S. Jobless Claims Climb Less Than Forecast

Aug. 2 (Bloomberg) -- Bloomberg's Mike McKee reports that the number of Americans filing applications for unemployment benefits rose last week, probably marking the final period in which the annual auto shutdowns affect the figures. Jobless claims climbed by 8,000 to 365,000 in the week ended July 28. He speaks on Bloomberg Television's "In The Loop."
Australia May Cut Rates in Six to 12 Months: Boubouras
16:24 - George Boubouras, chief investment officer of Contango Asset Management Ltd., talks about Reserve Bank of Australia's policy and the nation's economy. Boubouras also discusses the latest figures showing factory contraction in China. He speaks with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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