New Home Sales Tumble, Food Prices Poised to Spike

July 25 (Bloomberg) -- In today's top headlines, Sara Eisen reports that new home sales fell in June, food prices are poised to spike due to the drought and the New York Times has dropped its Blackberry app. She speaks on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Olam CEO: Mitsubishi Deal Will Create Opportunities
53:14 - Sunny Verghese, chief executive officer of Olam International Ltd., the Singapore commodity trader controlled by the city’s state investment company, talks about an agreement with Mitsubishi Corp., a Japanese trading house. Mitsubishi agreed to buy a 20 percent stake in Olam in two deals worth S$1.53 billion ($1.09 billion). Verghese speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
  • China Said to Intervene to Bolster Stocks
  • U.S. Dollar Rises to a One-Week High on GDP Data
  • Inflation in Japan Vanishes as Consumer Prices Unchanged