Treasury Hires Citigroup, JPMorgan to Sell GM Stake

Jan. 16 (Bloomberg) -- The U.S. Treasury Department chose Citigroup and JPMorgan Chase to manage the sale of shares in General Motors Co., as the government works to disentangle itself from the biggest U.S. automaker following the $50 billion bailout that began in 2009. Matt Miller reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Are Emerging-Market Stocks a Smart Bet?
28:25 - Emerging-market equities are heading for a period of calm, according to U.S. traders. The CBOE Emerging Markets ETF Volatility Index is hovering near the lowest level in a year. The projections for narrower price swings, derived from options bets on the biggest exchange-traded fund for developing stocks, come as investors grow increasingly confident that policy makers will be able to shore up global growth amid market turmoil from Turkey to the U.K. Bloomberg's Elena Popina has more on "What'd You Miss?" (Source: Bloomberg)
  • Deep Dive: European Banks, U.S. Trade Deficit & Recovery
  • S&P 500 Winners and Losers for 07/28
  • Mormon Engineer's Utopian dream is Vermont's Nightmare