Pimco's Gross Sees U.S. Recession Approaching

July 17 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports that Pimco co-chief investment officer Bill Gross sees the United States nearing a recession. She speaks on Bloomberg Television's "In The Loop."
Fed's Yellen Speaks About U.S. Economy, Monetary Policy
10:45 - Federal Reserve Chair Janet Yellen speaks about the U.S. economy and monetary policy. Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. She speaks in Providence, Rhode Island. (Source: Bloomberg)
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