Wal-Mart Cuts Orders as Inventory Swells

Sept. 26 (Bloomberg) –- Bloomberg’s John Dawson reports the email received from Wal-Mart cutting orders for 3rd and 4th quarters as merchandise piles up and customers spend less. He speaks to Susan Li on Bloomberg Television’s “First Up.” (Source: Bloomberg)
Lockhart: Fed Liftoff by December Is Likely Appropriate
07:18 - Federal Reserve Bank of Atlanta President Dennis Lockhart speaks about the U.S. economy and the timing for the central bank's first interest rate increase since 2006. He speaks to the Society of American Business Editors and Writers in New York. McClatchy Newspapers' Kevin Hall moderates. (Source: Bloomberg)
  • Why the Miner Rally Is a Major Deal
  • Bill Gross vs. Pimco: A Study in Conflict and Intrigue
  • Is the Fed Behind the Curve on Interest Rates?