Fed’s Lacker Sees `Sluggish' Growth for Many Years

June 26 (Bloomberg) -- Federal Reserve Bank of Richmond President Jeffrey Lacker said he expects the U.S. expansion to remain “sluggish” for “a couple more years,” and today’s downward revision to first-quarter growth is in line with his outlook. He speaks with Peter Cook on Bloomberg Television's "Street Smart." (Source: Bloomberg)

The Rise of South Korea's 'U-Turn Freshmen'
05:38 - South Korea has some of the most highly educated people in the world. More than half have a degree, and yet, the future is looking grim. Jobs are increasingly scarce, and youth unemployment is setting unwanted records. Bloomberg's Shery Ahn reports from Seoul. (Source: Bloomberg)
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