Softbank Cut to Junk By S&P

July 08 (Bloomberg) -- In "Company News," Bloomberg's Francine Lacqua reports on the top business stories of the day. She speaks on Bloomberg Television's "On The Move." (Source: Bloomberg)

HSBC Pencils in Fed Rate Hike for Middle of 2017
31:30 - Federal Reserve policy makers took a step toward raising interest rates later this year but stopped short of signaling that the move could come as soon as September. Federal Open Market Committee members upgraded their assessment of the economy in their monetary policy statement, released on Wednesday after their two-day meeting. HSBC Global Chief Economist Janet Henry discusses with Bloomberg's Mark Barton on "The Pulse."
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