Laid-Off Chinese Man Turns to Building Submarines

After being laid-off from a textile factory Zhang Wuyi started making mini submarines. He has had three orders already for his boats which cost around $32,000 each.
U.S. July Consumer Confidence Unexpectedly Falls to 90.9
18:15 - U.S. consumer confidence took an unexpected tumble in July, falling to 90.9 from a revised 99.8 the previous month. Bloomberg's Julie Hyman reports on "Bloomberg Markets." (Source: Bloomberg)
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